Asset Acceptance Capital Corp. to Present at Keefe, Bruyette & Woods Diversified Financials Conference
May 29 2008 - 5:21PM
PR Newswire (US)
WARREN, Mich., May 29 /PRNewswire-FirstCall/ -- Asset Acceptance
Capital Corp. (NASDAQ:AACC) Chairman, President and CEO Brad
Bradley, Senior Vice President-Finance and CFO Mark Redman and
Senior Vice President and COO Rion Needs will present at the Keefe,
Bruyette & Woods Diversified Financials Conference in New York
at 11:55 a.m. EDT, Thursday, June 5, 2008. The conference will be
held at the St. Regis 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
December 1, 2008. About Asset Acceptance Capital Corp. For more
than 45 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 and are
made pursuant to the safe harbor provisions of the Securities
Litigation Reform Act of 1995. These forward-looking statements
reflect the Company's views, expectations and beliefs at the time
such statements were made with respect to such matters, as well as
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 and involve certain risks,
uncertainties and assumptions ("Risk Factors") that make the
timing, extent, likelihood and degree of occurrence of these
matters difficult to predict. Words such as "anticipates,"
"believes," "estimates," "expects," "intends," "should," "could,"
"will," variations of such words and similar expressions are
intended to identify forward-looking statements. 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 and acquiring charged-off receivables in
industries with which the Company has little or no experience.
These Risk Factors also include, among others, the Risk Factors
discussed under "Item 1A Risk Factors" in the Company's most
recently filed Annual Report on Form 10-K and in other SEC filings,
in each case under a section titled "Risk Factors" 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. 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. DATASOURCE: Asset Acceptance Capital
Corp. CONTACT: Mr. Noel Ryan III of Lambert, Edwards &
Associates, Inc. for Asset Acceptance Capital Corp.,
+1-616-233-0500, Web site: http://www.assetacceptance.com/
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