Omega Protein Announces No Property Damage From Hurricane Gustav
September 02 2008 - 6:32PM
PR Newswire (US)
HOUSTON, Sept. 2 /PRNewswire/ -- Omega Protein Corporation
(NYSE:OME), the nation's leading producer of Omega-3 fish oil and
specialty fish meal products, today announced, based on reports
from its facilities in Louisiana and Mississippi, that it has
suffered no property damages from Hurricane Gustav other than some
immaterial items that will not affect its operations. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030516/OMEGALOGO) About Omega
Protein Omega Protein Corporation is the nation's largest
manufacturer of heart-healthy fish oils containing Omega-3 fatty
acids for human consumption, as well as specialty fish meals and
fish oil used as value-added ingredients in aquaculture, swine and
other livestock feeds. Omega Protein makes its products from
menhaden, an Omega-3 rich fish that is not utilized as seafood, but
which is abundantly available along the U.S. Gulf of Mexico and
Atlantic Coasts. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS:
The statements contained in this press release that are not
historical facts are forward-looking statements that involve a
number of risks and uncertainties. The actual results of future
events described in any of these forward-looking statements could
differ materially from those stated in the forward-looking
statements. Important factors that could cause actual results to be
materially different from those forward-looking statements include,
among others: (1) the reports on damages from the Company's
facilities being incorrect due to human error or inability to
review each and every aspect of plant operations, or other factors
outside the Company's control; (2) the Company's ability to meet
its raw material requirements through its annual menhaden harvest,
which is subject to fluctuations due to natural conditions over
which the Company has no control such as varying fish population,
fish oil yields, adverse weather conditions and disease; (3) the
impact of worldwide supply and demand relationships on prices for
the Company's products; (4) Omega Protein's expectations regarding
demand for OmegaPure(R) proving to be incorrect; and (5)
fluctuations in the Company's quarterly operating results due to
the seasonality of the Company's business and its deferral of
inventory sales based on worldwide prices for competing products.
These and other factors are described in further detail in Omega's
filings with the Securities and Exchange Commission, including its
reports on Form 10-K, Form 10-Q and Form 8-K. The Company also
posts its latest internally generated price list for various
products on its Company website, http://www.omegaproteininc.com/.
Pricing and product availability information disclosed in the price
list are subject to change or discontinuance without prior notice,
and the Company undertakes no obligation to update such
information. http://www.newscom.com/cgi-bin/prnh/20030516/OMEGALOGO
http://photoarchive.ap.org/ DATASOURCE: Omega Protein Corporation
CONTACT: Omega Protein Corporation Investor Relations,
+1-713-623-0060, Web site: http://www.omegaproteininc.com/
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