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Technology Stocks : Distributed Energy Systems Corp. (DESC)

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To: Rutgers who wrote (80)1/17/2006 7:56:02 AM
From: Rutgers  Read Replies (1) of 122
 
DESC Expects to Report Strong 4th Quarter Operating Results; Conference Call Today at 10:30AM

and DESC names new CEO

[Not sure why they didn't issue two releases, so I split them to make it easier to reference each event. See prior post for the new CEO info.]

biz.yahoo.com

Distributed Energy also said today its preliminary expectation is to report 2005 total revenues that are approximately double 2004's revenues of $22 million. The company also expects its fourth-quarter per share results for 2005 to be better than the loss of $0.11 cents it reported for the fourth quarter of 2004. Distributed Energy plans to report its actual fourth quarter and year-end results in early March.

Conference Call

The company will host a conference call today, Tuesday, January 17, 2006 at 10:30 a.m. EST to discuss the appointment of Mr. Schwallie as CEO. Individuals wishing to participate in the conference call should dial (800) 901-5241, pass code 69475387, or for international calls (617) 786-2963. A replay will be available through January 31, 2006 by dialing (888) 286-8010, pass code 51514347 or on the company's website. The call will also be broadcast live over the Internet, and can be accessed through the investors' section of the Distributed Energy Systems website at distributed-energy.com.
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