For more information, contact CFO Richard F. Sowerby at (203) 739-1100, e-mail: Richard_Sowerby@Memry.com or Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. Detailed information about Memry Corporation can be found at http://www.memry.com. Copies of Memry Corporation press releases, SEC filings, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive notification of future Memry news releases, sign up at http://www.hawkassociates.com/email.aspx.
This release contains certain forward-looking statements which involve
known and unknown risks, uncertainties or other factors not under the
company's control, which may cause actual results, performance or
achievements of the company to be materially different from the results,
performance or other expectations implied by these forward-looking
statements. These factors include, but are not limited to, those detailed
in the company's Form 10-K and other periodic filings with the Securities
and Exchange Commission. In this release, the company refers to EBITDA and
Adjusted EBITDA, financial measures that are not recognized under
accounting principles generally accepted in the United States of America
(GAAP). The company defines EBITDA as earnings before income taxes,
interest expense, net, depreciation and amortization. The company defines
Adjusted EBITDA as EBITDA further adjusted to exclude material non-cash
items and item
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