Industrial Distribution Group, Inc. Announces Date for Fourth Quarter and Full-Year 2005 Earnings Conference Call and Webcast
10 February 2006 - 7:21AM
PR Newswire (US)
ATLANTA, Feb. 9 /PRNewswire-FirstCall/ -- Industrial Distribution
Group, Inc. (NASDAQ:IDGR) will host a conference call and live
audio webcast on Thursday, February 23, 2006 to discuss its fourth
quarter and full-year 2005 results, which will be released on
Thursday, February 23, 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. EST,
Thursday, February 23, 2006 WHO: Charles Lingenfelter, President
and Chief Executive Officer Jack Healey, Senior 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#
5165672 Please dial-in 10 minutes prior to the call to ensure that
management can begin promptly. Live audio 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
# 5165672 through 11:59 p.m., Wednesday, March 1, 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 MROP products,
specializing in cutting tools, abrasives, hand and power tools,
coolants, lubricants, adhesives, 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 outsourced maintenance, repair, operating, and
production (MROP) procurement, management, and application
expertise. IDG provides an array of value-added services and other
arrangements, such as Flexible Procurement Solutions(TM) (FPS).
These solutions emphasize and utilize IDG's specialized knowledge
in product 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 20,000 active
customers representing a diverse group of large and mid-sized
national and international corporations including Honeywell
International, Inc., The Boeing Company, Arvin Meritor, Borg-Warner
Inc., 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. 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. First Call Analyst: FCMN Contact: DATASOURCE: Industrial
Distribution Group CONTACT: Jack P. Healey, Senior 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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