Synagro (NASDAQ:SYGR)
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Synagro Technologies, Inc. (NASDAQ:SYGR)(ArcaEx:SYGR),
("the Company") announced today that it will release its fourth
quarter 2005 results on Wednesday, March 15, 2006, after the Market
closes. The Company has scheduled a conference call for 10:00 a.m.
Central time on Thursday, March 16, 2006, to discuss the fourth
quarter results.
The conference call will be broadcast live over the Internet and
can be accessed by all interested parties through a link in the
Investor Relations section of the Company's website at www.synagro.com
or by dialing 1-877-704-5379 ten minutes prior to the beginning of the
call.
A replay will be available for 24 hours a day for 14 days on the
Company's website after 1:30 p.m. Central time, Thursday, March 16,
2006. A telephonic replay of the call will be available 24 hours a day
through Thursday, March 30, by dialing 1-888-203-1112 or
1-719-457-0820 and entering code 4844510.
Synagro Technologies, Inc. believes that it is the largest
recycler of biosolids and other organic residuals in the United States
and it believes that it is the only national company focused
exclusively on the estimated $8 billion organic residuals industry,
which includes water and wastewater residuals. The Company serves
approximately 600 municipal and industrial water and wastewater
treatment accounts with operations in 37 states and the District of
Columbia. The Company offers a broad range of water and wastewater
residuals management services focusing on the beneficial reuse of
organic, nonhazardous residuals resulting from the wastewater
treatment process, including drying and pelletization, composting,
product marketing, incineration, alkaline stabilization, land
application, collection and transportation, regulatory compliance,
dewatering, and facility cleanout services.
Safe Harbor Statement
This press release contains certain forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act of
1995, which involve known and unknown risks, uncertainties or other
factors not under Synagro's control which may cause the actual
results, performance or achievement of Synagro to be materially
different from the results, performance or other expectations implied
by these forward-looking statements. These factors include, but are
not limited to: the risk that our stockholders may not receive the
level of dividends provided for in the dividend policy adopted by our
board or any dividends at all; unseasonable weather; changes in
government regulations; the ability to find, timely close, and
integrate acquisitions; changes in federal wastewater treatment and
biosolid regulation; our ability to comply with federal, state and
local environmental regulations or to maintain and obtain necessary
permits; competition in the wastewater residuals management business;
the risk of early termination of customer contracts; loss of
significant customers; our level of debt and our ability to service
our debt; our ability to obtain additional financing; our ability to
maintain sufficient insurance; and the effect of the restrictions in
our senior secured credit agreement on our operation. Other factors
are discussed in Synagro's periodic filings with the Securities and
Exchange Commission.