Press Release
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Source:
Arabian American Development Co.
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Arabian
American Development Company to Announce 2008 Fourth Quarter and Year End
Results on March 12, 2009
Thursday
March 5, 12:33 pm ET
DALLAS, March 5
/PRNewswire-FirstCall/ -- Arabian American Development Co. (Nasdaq: ARSD - News) today announced that it
will be reporting 2008 fourth quarter and year end results on March 12, 2009
before market open.
A conference
call and live webcast will take place at 11:00 a.m. Eastern Time, on Thursday,
March 12, 2009. Anyone interested in participating should call 800-762-8908 if
calling within the United
States or 480-629-9031 if calling
internationally. There will be a playback available until March 19, 2009. To
listen to the playback, please call 800-406-7325 if calling within the United
States or 303-590-3030 if calling
internationally. Please use pin number 4020365 for the replay.
A link to a
simultaneous webcast of the teleconference will be available at www.arabianamericandev.com
through Windows Media Player or RealPlayer. A replay of the call will also be
available through the same link.
About
Arabian American Development Company (ARSD):
Arabian
American owns and operates a petrochemical facility located in southeast Texas
just north of Beaumont,
specializing in high purity petrochemical solvents and other solvent type
manufacturing. The Company is also the original developer and is now a 50%
owner of a joint venture in a mining project in the Al-Masane area of Saudi
Arabia which is under construction and is
scheduled to be in production in late 2010. The mine will produce economic
quantities of zinc, copper, gold, and silver.
Safe Harbor
Statements in
this release that are not historical facts are forward looking statements as
defined in the Private Securities Litigation Reform Act of 1995. Forward
looking statements are based upon management's belief as well as assumptions
made by and information currently available to management. Because such
statements are based upon expectations as to future economic performance and
are not statements of fact, actual results may differ from those projected.
These risks, as well as others, are discussed in greater detail in Arabian
American's filings with the Securities and Exchange Commission, including
Arabian American's annual Report on Form 10-K for the year ended December 31,
2007 and the Company's subsequent Quarterly Report Forms 10-Q.
Company Contact: Nick Carter, Executive Vice President
and Chief Operating Officer
(409) 385-8300
ncarter@southhamptonr.com
Investor Contact: Cameron Donahue
Hayden IR
(651) 653-1854
Cameron@haydenir.com
###
Jennifer Heady
Hayden IR
P: 843-399-7576
jennifer@haydenir.com
www.haydenir.com
Hayden IR (HIR) is an investor relations firm. Information has
been obtained from sources considered to be reliable, but we do not guarantee
that it is accurate or complete. This material is not an offer to sell or a
solicitation of an offer to buy any securities. Common stocks carry a high
degree of risk ? it is possible to lose some or all of your total investment.
HIR and its affiliates, officers, directors, subsidiaries and agents have been
compensated by its clients to perform shareholder and investor relation
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received. This information is not an endorsement of the Company by HIR. HIR is
not responsible for any claims made by the Company. You should independently
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included in this email or fax may constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. Such
statements involve a number of risks and uncertainties such as competitive
factors, technological development, market demand and the Company's ability to
obtain new contracts and accurately estimate net revenues due to variability in
size, scope and duration of projects, contracts, business relationships, and
internal issues in the sponsoring client. Further information on potential
factors that could affect the Company's financial results can be found in the
Company's Registration Statement and in its Reports on Forms 10-K and 10Q filed
with the Securities and Exchange Commission (SEC). Please visit our
website at www.haydenir.com for
more information.