Systemax Delays Reporting of Second Quarter Results
October 11 2006 - 3:55PM
Business Wire
Systemax Inc. (NYSE:SYX), a leading distributor and manufacturer of
PC hardware, related computer products and industrial products in
North America and Europe, announced today that it although it is
working diligently to complete the process necessary to report its
second quarter results it has not yet completed this process. The
Company will report its second quarter results as soon as this
process is completed. The Company had previously announced, in a
press release dated August 29, 2006, that it anticipated reporting
its second quarter results in approximately six weeks. Systemax
Inc. (www.systemax.com) utilizes an integrated system of branded
e-commerce web sites, direct mail catalogs and relationship
marketers to sell PC hardware, related computer products and
industrial products in North America and Europe. Systemax is a
Fortune 1000 company. Forward-Looking Statements This press release
contains forward-looking statements about the Company�s
performance. These statements are based on management�s estimates,
assumptions and projections and are not guarantees of future
performance. The Company assumes no obligation to update these
statements. Actual results may differ materially from results
expressed or implied in these statements as the result of risks,
uncertainties and other factors including, but not limited to: (a)
unanticipated variations in sales volume, (b) economic conditions
and exchange rates, (c) actions by competitors, (d) the
continuation of key vendor relationships, (e) the ability to
maintain satisfactory loan agreements with lenders, (f) risks
associated with the delivery of merchandise to customers utilizing
common carriers, (g) the operation of the Company�s management
information systems, and (h) unanticipated legal and administrative
proceedings. Please refer to the Forward Looking Statements section
contained in Item 7 of the Company�s Form 10-K for a more detailed
explanation of the inherent limitations in such forward-looking
statements. Systemax Inc. (NYSE:SYX), a leading distributor and
manufacturer of PC hardware, related computer products and
industrial products in North America and Europe, announced today
that it although it is working diligently to complete the process
necessary to report its second quarter results it has not yet
completed this process. The Company will report its second quarter
results as soon as this process is completed. The Company had
previously announced, in a press release dated August 29, 2006,
that it anticipated reporting its second quarter results in
approximately six weeks. Systemax Inc. (www.systemax.com) utilizes
an integrated system of branded e-commerce web sites, direct mail
catalogs and relationship marketers to sell PC hardware, related
computer products and industrial products in North America and
Europe. Systemax is a Fortune 1000 company. Forward-Looking
Statements This press release contains forward-looking statements
about the Company's performance. These statements are based on
management's estimates, assumptions and projections and are not
guarantees of future performance. The Company assumes no obligation
to update these statements. Actual results may differ materially
from results expressed or implied in these statements as the result
of risks, uncertainties and other factors including, but not
limited to: (a) unanticipated variations in sales volume, (b)
economic conditions and exchange rates, (c) actions by competitors,
(d) the continuation of key vendor relationships, (e) the ability
to maintain satisfactory loan agreements with lenders, (f) risks
associated with the delivery of merchandise to customers utilizing
common carriers, (g) the operation of the Company's management
information systems, and (h) unanticipated legal and administrative
proceedings. Please refer to the Forward Looking Statements section
contained in Item 7 of the Company's Form 10-K for a more detailed
explanation of the inherent limitations in such forward-looking
statements.
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