MMC Energy, Inc. Announces Second Quarter Earnings Call
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NEW YORK, Aug. 5, 2008 (PRIME NEWSWIRE) -- MMC Energy, Inc. (Nasdaq:MMCE) today
announced that it will host a Second Quarter 2008 earnings call that will be
broadcast live on the Internet on Tuesday, August 12, 2008:
Title: MMC Energy Quarterly Earnings Call
Start Time: 11:00 a.m. ET / 10:00 a.m. CT / 9:00 a.m. MT /
8:00 a.m. PT
Length: 45 minutes
Phone #'s: 877-419-6592 (U.S./Canada) or
719-325-4898 (International)
Website: http://ir.mmcenergy.com/eventdetail.cfm?eventid=57808
The call will be available for replay on our website after 2:00 p.m. ET on
August 12, 2008 until Midnight on August 19, 2008. In connection with the call,
MMC expects to announce earnings for the quarter by Tuesday, August 12, 2008.
Please note that, while you may listen in to the entire call via the webcast, in
order to ask questions you must dial by phone to the number provided above.
About MMC Energy, Inc.:
MMC, based in New York and San Diego, acquires and actively manages electricity
generating and energy infrastructure-related assets in the United States. MMC is
traded on the NASDAQ Global Market in the United States.
MMC's mission is to acquire, directly or through joint ventures, a portfolio of
small- to mid-size natural gas fueled electricity generating assets, generally
below 250 megawatts or "MW."
MMC creates long-term value for its stockholders through disciplined asset
acquisitions and hands-on post-acquisition asset management. MMC actively
invests in electricity assets that provide essential services to key
transmission-constrained markets such as California, where regulatory capacity
requirements and a lack of local electricity supplies make peak electricity
generation facilities valuable.
To date, MMC has acquired three electricity generating assets in California,
totaling 110 MW of capacity. MMC is upgrading two of these assets, the 100 MW
MMC Chula Vista Energy Upgrade Project and the 50 MW MMC Escondido Upgrade, both
located in San Diego County, California, replacing the existing 44.5 MW
facilities at each site.
Forward-Looking Statements:
This press release contains 'forward-looking statements' within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, including those statements regarding MMC's
ability to expand existing generating facilities and exploit acquisition
opportunities. Although the forward-looking statements in this release reflect
the good faith judgment of management, forward-looking statements are inherently
subject to known and unknown risks and uncertainties that may cause actual
results to be materially different from those discussed in these forward-looking
statements, including those risks described in MMC's Annual Report on Form 10-K,
its most recent prospectus filed with the SEC on November 19, 2007 and in its
other public filings. Readers are urged not to place undue reliance on these
forward-looking statements, which speak only as of the date of this release. MMC
undertakes no obligation to update these forward-looking statements.
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CONTACT: MMC Energy Inc.
Denis G. Gagnon, Chief Financial Officer
(212) 977-0900
www.mmcenergy.com
BPC Financial Marketing
Investor Contact:
John Baldissera
(800) 368-1217
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