Synagro Announces Third Quarter 2006 Earnings and Conference Call Schedule.HOUSTON -- Synagro Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Global Market and NYSE Arca Market: SYGR), (the "Company" or "Synagro") announced today that it will release its third quarter 2006 results on Wednesday, November 1, 2006, after the Market closes. The Company has scheduled a conference call for 10:00 a.m. Central time on Thursday, November 2, 2006, to discuss the first 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 Investor relations The process by which the corporation communicates with its investors. section of the Company's website at www.synagro.com or by dialing 1-800-588-4973 or 1-847-413-2407 and giving the operator either the host name as Synagro or confirmation number 16148006 ten minutes prior to the beginning of the call. A replay will be available for 24 hours Adv. 1. for 24 hours - without stopping; "she worked around the clock" around the clock, round the clock a day for 14 days on the Company's website after 1:30 p.m. Central time, Thursday, November 2, 2006. A telephonic replay of the call will be available 24 hours a day through Thursday, November 16, by dialing 1-888-843-8996 or 1-630-652-3044 and entering code 16148006#. Synagro Technologies, Inc. believes that it is the largest recycler of biosolids biosolids Sewage sludge, the residues remaining from the treatment of sewage. For use as a fertilizer in agricultural applications, biosolids must first be stabilized through processing, such as digestion or the addition of lime, to reduce concentrations of heavy metals and 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 District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . 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 incineration the act of burning to ashes. , alkaline stabilization, land application, collection and transportation, regulatory compliance, dewatering Dewatering (dē′wöd·ər·iŋ) is the removal of water from solid material or soil by wet classification, centrifugation, filtration, or similar solid-liquid separation processes. , 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 un·sea·son·a·ble adj. 1. Not suitable to or appropriate for the season. 2. Not characteristic of the time of year: unseasonable weather. 3. Poorly timed; inopportune. 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. |
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