Industrial Distribution Group, Inc. Announces Date for Second Quarter 2006 Earnings Conference Call and Webcast
20 Juillet 2006 - 10:52PM
PR Newswire (US)
ATLANTA, July 20 /PRNewswire-FirstCall/ -- Industrial Distribution
Group, Inc. (NASDAQ:IDGR) will host a conference call and live
audio webcast on Thursday, July 27, 2006 to discuss its second
quarter 2006 results, which will be released on Thursday, July 27,
2006, before the opening of the financial markets. In addition, the
company will provide a strategy update to the company's outlook for
full-year 2006. WHEN: 9:00 a.m. EDT, Thursday, July 27, 2006 WHO:
Charles Lingenfelter, President and Chief Executive Officer Jack
Healey, Executive Vice President and Chief Financial Officer WHERE:
There are two ways to access the conference call: Toll free
dial-in: (800) 497-8785 Conference ID# 2695617 Please dial in 10
minutes prior to the call to ensure that management can begin
promptly. Live Webcast: http://www.idglink.com/ Web participants
are encouraged to go to the website at least 15 minutes prior to
the start of the call to register, download, and install any
necessary audio software. REPLAY: Will be available on the internet
at http://www.idglink.com/ or by calling (800) 642-1687, Conference
ID #2695617 through 11:59 p.m., Thursday, August 3, 2006. About IDG
Industrial Distribution Group, Inc. (NASDAQ:IDGR) is a nationwide
products and services company that creates a competitive advantage
for its customers. IDG distributes a full line of maintenance,
repair, operating and production (MROP) products, specializing in
cutting tools, abrasives, hand and power tools, coolants,
lubricants, adhesives, maintenance equipment, machine tools and
safety products, and can supply virtually any other MROP product
that its customers may require. Through its business process
outsourcing services, the company provides an array of value-added
MROP services and other arrangements, such as Flexible Procurement
Solutions(TM) (FPS). These solutions emphasize and utilize IDG's
specialized knowledge in product procurement, management and
applications and in-process improvements to deliver documented cost
savings for customers. IDG's associates work full time in more than
100 customers' manufacturing facilities to ensure process
improvements, documented cost savings and continuous improvement at
their facilities. IDG serves over 16,000 active customers,
representing a diverse group of large and mid-sized national and
international corporations, including Borg- Warner Inc.,
ArvinMeritor, Inc., PPG Industries, General Electric Company,
Duracell, Honeywell International Inc., Black & Decker Corp.,
and Pentair Inc., as well as many local and regional businesses.
The company sells in 49 of the 50 states and has a presence in 43
of the top 75 manufacturing markets in the United States, as well
as Mexico and China. Flexible Procurement Solutions(TM) IDG's
Flexible Procurement Solutions(TM) (FPS) offer customers an answer
for the entire supply chain management process for MROP materials.
IDG recognizes that managing MROP materials is a costly,
time-consuming function for the industrial marketplace. FPS
services merge state-of-the-art technology with the expertise of
IDG personnel to deliver supply chain management services. In a
fully integrated supply relationship, IDG associates work directly
on-site at a customer's location to provide documented cost savings
from product application innovations, continuous process
improvements, more effective management of inventory, and many
other areas, all focused on reducing customer costs. Best of all,
these cost savings are quantified and documented and most go
directly to the customer's bottom line. Safe Harbor In addition to
the historical information contained herein, certain matters set
forth in this news release are forward-looking statements,
including but not limited to statements relating to expected
operating results. Industrial Distribution Group, Inc. warns that
caution should be taken in relying upon any forward-looking
statements in this release, as they involve a number of known and
unknown risks, uncertainties, and other factors, including
heightened national security risks such as acts of terrorism and
potential for war, that may cause actual results, performance, or
achievements of Industrial Distribution Group, Inc. to differ
materially from any such statements, including the risks and
uncertainties discussed under the caption "Certain Factors
Affecting Forward Looking Statements," in the company's Forms 10-K,
10-Q, and 8-K reports filed or furnished by the company which
discussion is incorporated herein by reference. For Additional
Information, Contact: Jack P. Healey Executive Vice President and
Chief Financial Officer Industrial Distribution Group, Inc. (404)
949-2010 http://www.idglink.com/ DATASOURCE: Industrial
Distribution Group CONTACT: Jack P. Healey, Executive Vice
President and Chief Financial Officer of Industrial Distribution
Group, Inc., +1-404-949-2010 Web site: http://www.idglink.com/
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