Pacer International to Kick Off Investor Day in New York on Sept. 27 by Ringing the NASDAQ Opening Bell
Don Orris, chairman and CEO, and other senior Pacer managers, will kick off the event by ringing The NASDAQ Stock Market Opening Bell at 9:30 a.m. (EDT) at the NASDAQ MarketSite on Broadway in Times Square.
“The principal aim of this year's Investor and Analyst Day will be to discuss Pacer's strategies for capitalizing on the surging intermodal transportation and logistics markets, and for continuing to improve annual financial performance even if the economy softens in 2007”
Pacer management will then lead the discussion with investors and analysts about Pacer's business prospects and its contingency plans in the event of an economic slowdown. The investors meeting, which will take place in the Hilton's Bijou Room, includes lunch.
Expectation of Continued Performance Gains
"The principal aim of this year's Investor and Analyst Day will be to discuss Pacer's strategies for capitalizing on the surging intermodal transportation and logistics markets, and for continuing to improve annual financial performance even if the economy softens in 2007," said Pacer's vice chairman, Mike Uremovich.
He noted that, with one of the largest double-stack rail networks in North America, Pacer is today responsible for approximately 20 percent of all domestic U.S. intermodal rail container shipments. Containerized imports from Asia, which constitute much of Pacer's volumes, continue to set new records.
Aside from kicking off the investor meeting, the bell-ringing ceremony will also commemorate Pacer's fourth year as a public company traded on The NASDAQ Stock Market (since 2002), and its ninth year in business (since 1997). In July, Pacer's stock was selected for listing on the exchange's "Global Select Market."
For information about attending the investor and analysts meeting in person, please contact Pacer's chief financial officer, Larry Yarberry, at tel. 925-887-1577 or lyarberry@pacerintl.com .
Webcast (Audio) of Investor Meeting - The Pacer presentation for investors will be webcast live and can also be accessed afterwards at the following URL: http://investor.shareholder.com/media/eventdetail.cfm?eventid=29169&CompanyID=PACR&e=1&mediaKey=4789D91524C0113546E6EC22C7CE4027 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Registration is required.
Webcam of NASDAQ Opening Bell - The Pacer bell ceremony can be viewed live at 9:20 a.m. (EDT) at the following link: MarketSite Web Cam. Please begin downloading the NASDAQ webcam at 9:15 a.m. (EDT).
About NASDAQ -- NASDAQ is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/. For additional information about the NASDAQ Global Select Market, please go to: www.nasdaq.com/GlobalSelect.
About Pacer International -- Pacer International, a leading non-asset based North America third-party logistics and freight transportation provider, through its subsidiaries and divisions, offers a broad array of logistics and other services to facilitate the movement of freight from origin to destination. Its services include wholesale Stacktrain (cost-efficient, two-tiered rail transportation for containerized shipments) and cartage (local trucking) services; and retail intermodal marketing, truck brokerage, trucking services, warehousing and distribution, international freight forwarding, and supply-chain management services. Pacer International is headquartered in Concord, California. Its business units Pacer Stacktrain and Pacer Global Logistics are headquartered in Concord, California, and in Dublin, Ohio, respectively. Web site: www.pacer-international.com.
Certain Forward-Looking Statements -- This press release contains or may contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). These forward-looking statements are based on the company's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions. Among the important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are general economic and business conditions; congestion, work stoppages, equipment and capacity shortages, weather related issues and service disruptions affecting our rail and motor transportation providers; industry trends, including changes in the costs of services from rail and motor transportation providers; the loss of one or more of our major customers; the impact of competitive pressures in the marketplace; the frequency and severity of accidents, particularly involving our trucking operations; changes in our business strategy, development plans or cost savings plans; our ability to integrate acquired businesses; availability of qualified personnel; changes in, or the failure to comply with, government regulation; increases in interest rates; difficulties in maintaining or enhancing our information technology systems; terrorism and acts of war; and increases in our leverage. Additional information about these and other factors that could affect the company's business is set forth in the company's various filings with the Securities and Exchange Commission, including those set forth in the company's annual report on Form 10-K for the year ended December 30, 2005 filed with the SEC on March 2, 2006. Should one or more of these risks or uncertainties materialize, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described herein as anticipated, believed, expected or intended. Except as otherwise required by federal securities laws, the company does not undertake any obligation to update such forward-looking statements whether as a result of new information, future events or otherwise.
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