CALGARY, Oct. 3, 2012 /CNW/ - Pason Systems Inc. (TSX:PSI) intends to
release its Third Quarter 2012 results before the markets open on
Tuesday, November 6, 2012.
Pason will be conducting a conference call for interested analysts,
brokers, investors and media representatives to review its third
quarter results at 9:00 a.m. (Calgary time) Wednesday, November 7,
2012. The conference call dial-in number is 1-888-231-8191 or
1-647-427-7450. You can access the 7-day replay by dialing
1-855-859-2056 or 416-849-0833 password 35767272.
A live audio webcast of the conference call will also be available on
Pason's web site at www.pason.com.
Pason Systems Inc.
Pason Systems Inc. is a leading provider of instrumentation systems to
land-based and offshore drilling rigs worldwide. The company's rental
solutions, which include data acquisition, wellsite reporting, remote
communications, and web-based information management, maximize rig
uptime, improve work efficiency, and minimize operating costs. Pason's
common shares trade on the Toronto Stock Exchange under the symbol PSI.
Certain information regarding the Company contained herein may
constitute forward-looking information under applicable securities
law. The words "anticipate", "expect", "believe", "may", "should",
"will", "estimate", "project", "outlook", "forecast" or other similar
words are used to identify such forward-looking information and
statements. Forward-looking statements in this document may include
statements, express or implied regarding the anticipated business
prospects and financial performance of Pason; expectations or
projections about future strategies and goals for growth and expansion;
expected and future cash flows and revenues; and expected impact of
future commitments. These forward-looking statements are based upon
various underlying factors and assumptions, including the state of the
economy and the oil and gas exploration and production business, in
particular; the Company's business prospects and opportunities; and
estimates of the financial and operational performance of Pason.
Forward-looking information and statements are subject to known or
unknown risks and uncertainties that may cause actual results to differ
materially from those anticipated or implied in the forward-looking
information and statements. Risk factors that could cause actual
results or events to differ materially from current expectations
include, among others, the ability of Pason to successfully implement
its strategic initiatives and whether such strategic initiatives will
yield the expected benefits, the operating performance of Pason's
assets and businesses, the price of energy commodities, competitive
factors in the energy industry, changes in laws and regulations
affecting Pason's businesses, technological developments, and general
Readers are cautioned not to place undue reliance on forward-looking
statements as there can be no assurance that the plans, intentions or
expectations upon which they are placed will occur. Such forward
looking statements, although considered reasonable by management as of
the date hereof, may prove to be incorrect and actual results may
differ materially from those anticipated. Forward-looking statements
contained in this press release are expressly qualified by this
Additional information on risks and uncertainties and other factors that
could affect Pason's operations or financial results are included in
Pason's reports on file with the Canadian securities regulatory
authorities and may be accessed through the SEDAR website (www.sedar.com or through Pason's website www.pason.com). Furthermore, any forward looking statements contained in this news
release are made as of the date of this news release, and Pason does
not undertake any obligation to update publicly or to revise any of the
included forward-looking statements, whether as a result of new
information, future events or otherwise, except as expressly required
by securities law.
SOURCE: Pason Systems Inc.
For further information:
For more information about Pason Systems Inc., visit the company's website at www.pason.com or contact:
President and CEO
Chief Financial Officer