COMARCO to Present At Roth Capital Partners' Growth Stock Conference.Business Editors & High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Writers IRVINE Irvine, town, Scotland Irvine (ûr`vĭn), town (1991 pop. 32,507), North Ayrshire, SW Scotland, on the Irvine River estuary. Industries include iron and brass foundries. Other products are chemicals, electric goods, and clothing. , Calif.--(BUSINESS WIRE)--Feb. 20, 2001 COMARCO Inc. (Nasdaq:CMRO CMRO Current Medical Research and Opinion (journal) CMRO Concerned Motorcycle Riders of Ohio CMRO Canadian Mud Racing Organization CMRO Certified Medical Review Officer CMRO Complex Maintenance, Repair & Overhaul ) will present today at Roth Capital Partners' 13th Annual Growth Stock Conference at the Ritz-Carlton
Ritz-Carlton is a brand of luxury hotel and resort with 63 properties that are located in major cities and exclusive resort destinations of Hotel in Laguna Laguna (ləg `nə), pueblo, Valencia co., central N.Mex.; established on its present site 1699. Niguel, Calif. Chairman Don Bailey and Chief Financial Officer Daniel Lutz will provide a strategic overview of the company, including a discussion of the wireless market space and COMARCO's competitive advantage and growth objectives. The presentation will be audiocast live at 10 a.m. PT on Feb. 20, 2001, and can be accessed at www.rothcp.com. The visual portion of COMARCO's presentation can be accessed at the company's Web site, www.comarco.com. BUSINESS OUTLOOK The presentation will also include guidance with respect to revenue and earnings per share from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the for the fiscal year just ended Jan. 31, 2001, as well as forecasted revenue and earnings per share from continuing operations for the current fiscal year ending Jan. 31, 2002. The following estimates are based on current expectations. These estimates are forward-looking, and actual results may differ materially. These estimates do not include the potential impact of any future mergers, acquisitions or other business combinations. For the year ended Jan. 31, 2001, the company anticipates revenue from continuing operations to be approximately $49 million, up approximately 25% from $39.2 million for the prior fiscal year. Net income from continuing operations, excluding a one-time charge for severance The act of dividing, or the state of being divided. The term severance has unique meanings in different branches of the law. Courts use the term in both civil and criminal litigation in two ways: first, when dividing a lawsuit into two or more parts, and second, when costs, is anticipated to be $0.73 to $0.75 per share in comparison with $0.50 for the prior fiscal year, an increase of approximately 45%. For the current fiscal year ending Jan. 31, 2002, the company forecasts both revenue and earnings per share, excluding acquisition-related expenses, to grow by approximately 25% more than the fiscal year ended Jan. 31, 2001. ABOUT COMARCO Based in Irvine, COMARCO provides test and measurement products and engineering services for the wireless industry, as well as, advanced technology products for portable wireless appliances such as notebook computers A laptop computer that weighs in a range from five to seven pounds. The term originated when laptops were routinely more than 10 pounds, and those that became lighter were placed in a special "notebook" category. In practice, notebook computer and laptop computer are synonymous. , cellular telephones and personal organizers. The company's Web sites can be found at www.comarco.com and www.chargesource.com. FORWARD-LOOKING INFORMATION Except for historical information contained herein, the matters set forth in this news release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include such factors as the level of sales of our products, timely and cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. product development, market acceptance of new products, foreign marketing, the level of competition for the company's products and services, our ability to meet contractual commitments with our customers, and the ability to meet the technical requirements of our customers. Investors are also directed to consider a more detailed description of risks and uncertainties facing the company discussed in documents filed by the company with the Securities and Exchange Commission. The foregoing information concerning the company's forecast for the fiscal year ending Jan. 31, 2002 represents the company's current outlook only as of the date of this release and the company undertakes no obligation to update or revise any forward-looking statements whether as a result of new developments or otherwise. |
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