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Measurement Specialties, Inc. Sets Schedule to Announce Second Quarter Results
FAIRFIELD, N.J., Oct. 27 /PRNewswire-FirstCall/ -- Measurement Specialties,
Inc. , a designer and manufacturer of sensors and sensor-based consumer
products, announced today that it will report earnings for the three and six
month periods ended September 30, 2003, on Tuesday, November 4, 2003. Earnings
will be released after 4:00 PM EST.
Additionally, the company reiterates its guidance for the second quarter given
at the Annual Meeting of Shareholders on September 23, 2003. To access that
presentation visit the company's website at http://www.msiusa.com/ and click on
the September 23, 2003 recording under the Vcall icon or visit
http://www.vcall.com/.
A conference call reviewing second quarter results will be held on Wednesday,
November 5, 2003 beginning at 11:00 AM EST. To participate, please dial 888
423-3276 prior to the start time. International callers should dial 651
224-7497. A recording of the call will be available for 30 days by dialing 800
475-6701 and entering access code 704604. The call will be simultaneously
broadcast over the Internet and available for 30 days thereafter at
http://www.vcall.com/.
Measurement Specialties is a designer and manufacturer of sensors, and
sensor-based consumer products. Measurement Specialties produces a wide variety
of sensors that use advanced technologies to measure precise ranges of physical
characteristics, including pressure, motion, force, displacement, angle, flow,
and distance. Measurement Specialties uses multiple advanced technologies,
including piezoresistive, application specific integrated circuits (ASICs),
micro-electromechanical systems (MEMS), piezopolymers, and strain gages to allow
their sensors to operate precisely and cost effectively.
This release includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
and Exchange Act of 1934, as amended, including but not limited to, statements
regarding the continued production of current product lines. Forward-looking
statements may be identified by such words or phases as "intends," "are expected
to," "will continue," "is anticipated," "estimated," "projected," "may," "we
believe," "future prospects," "potential growth prospects," or similar
expressions. The forward-looking statements above involve a number of risks and
uncertainties. Factors that might cause actual results to differ include, but
are not limited to, success of any reorganization; consummation of any
contemplated sale of assets; ability to raise additional funds; the outcome of
the class action lawsuits filed against the Company; the outcome of the current
SEC investigation of the Company; conditions in the general economy and in the
markets served by the Company; competitive factors, such as price pressures and
the potential emergence of rival technologies; interruptions of suppliers'
operations affecting availability of component materials at reasonable prices;
timely development and market acceptance, and warranty performance of new
products; changes in product mix, costs and yields, fluctuations in foreign
currency exchange rates; uncertainties related to doing business in Hong Kong
and China; and the risk factors listed from time to time in the Company's SEC
reports. Forward-looking statements do not include the impact of acquisitions or
dispositions of assets, which could affect results in the near term. Actual
results may differ materially. The Company assumes no obligation to update the
information in this release.
Company contact: Frank Guidone, CEO - 973 808-3020
Investor/media contact: Aimee Boutcher - 973 239-2878
DATASOURCE: Measurement Specialties, Inc.
CONTACT: Frank Guidone, CEO, +1-973-808-3020, or Aimee Boutcher of
Boutcher & Boutcher Investor Relations, +1-973-239-2878, for Measurement
Specialties, Inc.
Web site: http://www.msiusa.com/
http://www.vcall.com/