Asset Acceptance Capital Corp. to Present at William Blair & Co. 29th Annual Growth Stock Conference
June 04 2009 - 6:39PM
PR Newswire (US)
WARREN, Mich., June 4 /PRNewswire-FirstCall/ -- Asset Acceptance
Capital Corp. (NASDAQ:AACC), a leading purchaser and collector of
charged-off consumer debt, today announced that President and CEO
Rion Needs and Senior Vice President-Finance and CFO Mark Redman
will present at the William Blair & Co. 29th Annual Growth
Stock Conference to be held at the Four Seasons Hotel in Chicago.
Management is scheduled to present at 11:20 a.m. CDT, Wednesday,
June 10, 2009. The presentation will be available live via webcast
at http://www.assetacceptance.com/. A replay of the presentation
will be available after the presentation for one year. About Asset
Acceptance Capital Corp. For more than 45 years, Asset Acceptance
has provided credit originators, such as credit card issuers
including private label card issuers, consumer finance companies,
utilities and others, an efficient alternative in recovering
defaulted consumer debt. For more information, please visit
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 Private Securities Litigation
Reform Act of 1995. Forward-looking statements include reference to
the Company's presentations and Web casts. 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 that 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: Jeff Tryka or
Jeff Lambert, both of Lambert, Edwards & Associates,
+1-616-233-0500, , for Asset Acceptance Capital Corp. Web Site:
http://www.assetacceptance.com/
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