Procom Technology to Reschedule Announcement of Third Quarter Results.Business Editors/High-Tech 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)--June 6, 2002 Procom Technology Inc. (Nasdaq:PRCM PRCM Power, Reset and Clock Management PRCM Master Chief Parachute Rigger (Naval Rating) PRCM Passive Radiation Countermeasures PRCM Parallel Relay Channel Model ), a leading developer of intelligent storage technology and worldwide provider of network attached storage (NAS (1) See network access server. (2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular ) solutions, today announced that it has rescheduled its earnings release and conference call to report financial results for the third fiscal quarter ended April 30, 2002. The call was originally scheduled to take place today at 5:00 p.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT . The company has rescheduled the distribution of its financial results release for Wednesday Wednesday: see week. , June 12, 2002 after market close. Procom will hold its quarterly conference call to discuss fiscal 2002 third quarter results and fourth quarter outlook later that day at 5:00 p.m. EDT. Procom Technology intends to file its 10-Q with the Securities and Exchange Commission for the third quarter as scheduled, on Friday, June 14, 2002. About Procom Technology Procom Technology Inc. -- NASDAQ (PRCM) -- a leading developer of intelligent storage technology and worldwide provider of network attached storage (NAS) solutions. Since 1987, Procom has been the value leader in network storage solutions with more than 1,500 network attached storage solutions installed worldwide. For more information about NetFORCE(R) and DataFORCE(TM), please visit www.procom.com. This release contains 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. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, comments regarding the Company's efforts to develop competitive NAS products and to increase its sales of NAS products. Future results could be affected materially as a result of important factors, including, without limitation, competitive product introductions, price competition, the failure of any significant customer, any failure or delay in the Company's ability to develop and introduce new products and enhancements to existing products, any unfavorable change in the relationship with channel partners and other resellers of the Company's products, any decrease in the growth of the market for NAS, foreign currency fluctuations, adverse economic conditions generally and other factors set forth in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended July 31, 2001, and in the Company's other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publish revised forward-looking statements to reflect the occurrence of unanticipated events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or after the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" or to reflect the occurrence of unanticipated events. Readers are urged to carefully review and consider the various disclosures made by the Company to advise interested parties of certain risks and other factors that may affect the Company's business and operating results, including the disclosures made in the Company's Annual Report on Form 10-K for the fiscal year ended July 31, 2001 and in other filings by the Company with the Securities and Exchange Commission. |
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