Industrial Distribution Group, Inc. Announces Date for First Quarter 2006 Earnings Conference Call and Webcast
April 18 2006 - 4:55PM
PR Newswire (US)
ATLANTA, April 18 /PRNewswire-FirstCall/ -- Industrial Distribution
Group, Inc. (NASDAQ:IDGR) will host a conference call and live
audio webcast on Tuesday, May 2, 2006 to discuss its first quarter
2006 results, which will be released on Tuesday, May 2, 2006,
before the opening of the financial markets. In addition, the
company will provide a strategy update to the company's outlook for
full-year 2006. WHEN: 9:00 a.m. EDT, Tuesday, May 2, 2006 WHO:
Charles Lingenfelter, President and Chief Executive Officer Jack
Healey, Executive Vice President and Chief Financial Officer WHERE:
There are two ways to access the conference call: Toll free
dial-in: (800) 497-8785 Conference ID# 8119171 Please dial-in 10
minutes prior to the call to ensure that management can begin
promptly. Live Webcast: http://www.idglink.com/ Web participants
are encouraged to go to the website at least 15 minutes prior to
the start of the call to register, download, and install any
necessary audio software. REPLAY: Will be available on the internet
at http://www.idglink.com/ or by calling (800) 642-1687, Conference
ID # 8119171 through 11:59 p.m., Tuesday, May 9, 2006. About IDG
Industrial Distribution Group, Inc. (NASDAQ:IDGR) is a nationwide
products and services company that creates a competitive advantage
for its customers. IDG distributes a full line of maintenance,
repair, operating and production (MROP) products, specializing in
cutting tools, abrasives, hand and power tools, coolants,
lubricants, adhesives, maintenance equipment, machine tools and
safety products, and can supply virtually any other MROP product
that its customers may require. Through its business process
outsourcing services, the company provides an array of value-added
MROP services and other arrangements, such as Flexible Procurement
Solutions(TM) (FPS). These solutions emphasize and utilize IDG's
specialized knowledge in product procurement, management and
applications and process improvements to deliver documented cost
savings for customers. IDG's associates work full time in over 100
customers' manufacturing facilities to ensure process improvements,
documented cost savings and continuous improvement at their
facilities. IDG serves over 16,000 active customers representing a
diverse group of large and mid-sized national and international
corporations including Borg- Warner Inc., Arvin Meritor Inc., PPG
Industries, General Electric Company, Duracell, Honeywell
International Inc., Black & Decker Corp., and Pentair Inc., as
well as many local and regional businesses. The company sells in 49
of the 50 states and has a presence in 43 of the top 75
manufacturing markets in the United States, as well as Mexico and
China. Flexible Procurement Solutions(TM) IDG's Flexible
Procurement Solutions(TM) (FPS) offer customers an answer for the
entire supply chain management process for MROP materials. IDG
recognizes that managing MROP materials is a costly, time-consuming
function for the industrial marketplace. FPS services merge
state-of-the-art technology with the expertise of IDG personnel to
deliver supply chain management services. In a fully integrated
supply relationship, IDG associates work directly on-site at a
customer's location to provide documented cost savings from product
application innovations, continuous process improvements, more
effective management of inventory, and many other areas, all
focused on reducing customer costs. Best of all, these cost savings
are quantified and documented and most go directly to the
customer's bottom line. Safe Harbor In addition to the historical
information contained herein, certain matters set forth in this
news release are forward-looking statements, including but not
limited to statements relating to expected operating results.
Industrial Distribution Group, Inc. warns that caution should be
taken in relying upon any forward-looking statements in this
release, as they involve a number of known and unknown risks,
uncertainties, and other factors including heightened national
security risks including acts of terrorism and potential for war,
that may cause actual results, performance, or achievements of
Industrial Distribution Group, Inc. to differ materially from any
such statements, including the risks and uncertainties discussed in
the company's Forms 10-K, 10-Q, and 8-K filed or furnished by the
company under the caption "Certain Factors Affecting Forward
Looking Statements," which discussion is incorporated herein by
reference. For Additional Information, Contact: Jack P. Healey
Executive Vice President and Chief Financial Officer Industrial
Distribution Group, Inc. (404) 949-2010 http://www.idglink.com/
DATASOURCE: Industrial Distribution Group, Inc. CONTACT: Jack P.
Healey, Executive Vice President and Chief Financial Officer of
Industrial Distribution Group, Inc., +1-404-949-2010 Web site:
http://www.idglink.com/
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