Asset Acceptance Capital Corp. to Present at William Blair & Co. 27th Annual Growth Stock Conference
June 13 2007 - 5:02PM
PR Newswire (US)
WARREN, Mich., June 13 /PRNewswire-FirstCall/ -- Asset Acceptance
Capital Corp. (NASDAQ:AACC) Chairman, President and CEO Brad
Bradley and Senior Vice President-Finance and CFO Mark Redman will
present at the William Blair & Co. 27th Annual Growth Stock
Conference in Chicago at 8:30 a.m. CDT, Wednesday, June 20, 2007.
The conference will be held at the Four Seasons Hotel. The
presentation will be available live via webcast at
http://www.assetacceptance.com/. A replay of the presentation will
be available after the presentation through June 20, 2008. About
Asset Acceptance Capital Corp. For more than 40 years, Asset
Acceptance has provided credit originators, such as credit card
issuers, consumer finance companies, retail merchants, utilities
and others an efficient alternative in recovering defaulted
consumer debt. For more information, please visit the Company's web
site at http://www.assetacceptance.com/. Asset Acceptance Capital
Corp. Safe Harbor Statement This press release contains certain
statements, including the Company's plans and expectations
regarding its operating strategies, charged-off receivables and
costs, which are forward-looking statements. These forward- looking
statements reflect the Company's views, at the time such statements
were made, with respect to the Company's future plans, objectives,
events, portfolio purchases and pricing, collections and financial
results such as revenues, expenses, income, earnings per share,
capital expenditures, operating margins, financial position,
expected results of operations and other financial items.
Forward-looking statements are not guarantees of future
performance; they are subject to risks and uncertainties. In
addition, words such as "estimates," "expects," "intends,"
"should," "could," "will," variations of such words and similar
expressions are intended to identify forward-looking statements.
These statements are not guarantees of future performance and
involve certain risks, uncertainties and assumptions ("Risk
Factors") that are difficult to predict with regard to timing,
extent, likelihood and degree of occurrence. There are a number of
factors, many of which are beyond the Company's control, which
could cause actual results and outcomes to differ materially from
those described in the forward-looking statements. Risk Factors
include, among others: ability to purchase charged- off consumer
receivables at appropriate prices, ability to continue to acquire
charged-off receivables in sufficient amounts to operate
efficiently and profitably, employee turnover, ability to compete
in the marketplace, acquiring charged-off receivables in industries
that the Company has little or no experience, integration and
operations of newly acquired businesses, ability to achieve
anticipated cost savings from office closings without the
disruption of collections associated with these offices, and
additional factors discussed in the Company's periodic reports
filed with the Securities and Exchange Commission on Form 10-K and
10-Q and exhibits thereto. Other Risk Factors exist, and new Risk
Factors emerge from time to time that may cause actual results to
differ materially from those contained in any forward- looking
statements. Given these risks and uncertainties, investors should
not place undue reliance on forward-looking statements as a
prediction of actual results. Furthermore, the Company expressly
disclaims any obligation to update, amend or clarify
forward-looking statements. In addition to the foregoing, several
Risk Factors are discussed in the Company's most recently filed
Annual Report on Form 10-K and other SEC filings, in each case
under the section titled "Forward Looking Statements" or similar
headings and those discussions regarding risk factors as well as
the discussion of forward looking statements in such sections are
incorporated herein by reference. DATASOURCE: Asset Acceptance
Capital Corp. CONTACT: Mr. Noel Ryan III of Lambert, Edwards &
Associates, Inc., +1-616-233-0500, or Web site:
http://www.assetacceptance.com/
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