FreeSeas Inc. Revises Time of Third Quarter Earnings Release & Conference Call
12 November 2008 - 10:00PM
PR Newswire (US)
Earnings Release: 4:01PM Eastern Tomorrow, Thursday November 13,
2008 PIRAEUS, Greece, Nov. 12 /PRNewswire-FirstCall/ -- FreeSeas
Inc. (NASDAQ: FREE) (NASDAQ:FREEW) (NASDAQ:FREEZ) ("FreeSeas" or
"the Company"), a provider of seaborne transportation for drybulk
cargoes, will report earnings for the third quarter ended September
30, 2008 at 4:01PM tomorrow, November 13, 2008. The Company will
host a conference call to review the results as well as
management's outlook for the business at 4:15PM tomorrow, November
13, 2008. All dial-in, webcast and replay information remain
unchanged. As a reminder, to participate in the call from the
United States or Canada, please dial +1.888.694.4702 approximately
five minutes prior to the starting time. To participate in the call
outside the United States or Canada, please dial +1.973.582.2741
approximately five minutes prior to the starting time. The
Conference ID is 7249-2444. Two hours after the completion of the
conference call, a digital recording of the call will be available
for seven days, and can be accessed by dialing +1.800.642.1687 from
inside the United States or Canada and +1.706.645.9291 from outside
the United States or Canada and entering the Conference ID
7249-2444. The call, which will be simultaneously broadcast live
over the Internet, can be accessed at:
http://www.videonewswire.com/event.asp?id=52848 . The online
archive of the broadcast will be available within one hour of the
live call at the same web address and will remain available for one
month. About FreeSeas Inc. FreeSeas Inc. is a Marshall Islands
corporation with principal offices in Piraeus, Greece. FreeSeas is
engaged in the transportation of dry bulk cargoes through the
ownership and operation of dry bulk carriers. Currently, it has a
fleet of seven Handysize vessels and two Handymax vessels.
FreeSeas' common stock and warrants trade on the NASDAQ Global
Market under the symbols FREE, FREEW and FREEZ, respectively. Risks
and uncertainties are described in reports filed by FreeSeas Inc.
with the U.S. Securities and Exchange Commission, which can be
obtained free of charge on the SEC's website at
http://www.sec.gov/. For more information about FreeSeas Inc.,
please go to our corporate website, http://www.freeseas.gr/.
Forward-Looking Statements This press release contains
forward-looking statements (as defined in Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended) concerning future
events and the Company's growth strategy and measures to implement
such strategy, including expected vessel acquisitions. Words such
as "expects," "intends," "plans," "believes," "anticipates,"
"hopes," "estimates," and variations of such words and similar
expressions are intended to identify forward-looking statements.
Although the Company believes that the expectations reflected in
such forward-looking statements are reasonable, no assurance can be
given that such expectations will prove to be correct. These
statements involve known and unknown risks and are based upon a
number of assumptions and estimates which are inherently subject to
significant uncertainties and contingencies, many of which are
beyond the control of the Company. Actual results may differ
materially from those expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ
materially include, but are not limited to, changes in the demand
for dry bulk vessels; competitive factors in the market in which
the Company operates; risks associated with operations outside the
United States; and other factors listed from time to time in the
Company's filings with the Securities and Exchange Commission. The
Company expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
Contact: FreeSeas Inc. Ion Varouxakis, Chief Executive Officer
011-30-210-45-28-770 Fax: 011-30-210-429-10-10
http://www.freeseas.gr/ 89 Akti Miaouli Street 185 38 Piraeus,
Greece CJP Communications Investor Relations / Financial Media:
Thomas J. Rozycki, Jr., Sr. Vice President +1.212.279.3115 x208
Fax: +1.212.279.3117 http://www.cjpcom.com/ DATASOURCE: FreeSeas
Inc. CONTACT: Ion Varouxakis, Chief Executive Officer FreeSeas
Inc., 011-30-210-45-28-770, Fax: 011-30-210-429-10-10, , Investor
Relations / Financial Media: Thomas J. Rozycki, Jr., Sr. Vice
President CJP Communications, +1-212-279-3115 x208, Fax:
+1-212-279-3117, Web Site: http://www.freeseas.gr/
http://www.videonewswire.com/event.asp?id=52848
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