Emeritus Corporation to Host Second Quarter 2009 Earnings Conference Call and Webcast

Thu Jul 9, 2009 3:15pm EDT
 
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SEATTLE--(Business Wire)--
Emeritus Corporation (NYSE: ESC), a national provider of assisted living and
Alzheimer`s and related dementia care services to senior citizens, today
announced that it will host a conference call on Thursday, August 6, 2009, at
5:00 P.M. Eastern Time to discuss its financial results for the second quarter
of 2009. Hosting the call will be Mr. Daniel Baty, Chairman and Co-Chief
Executive Officer, Mr. Granger Cobb, President and Co-Chief Executive Officer
and Mr. Raymond Brandstrom, Chief Financial Officer. A press release with the
financial results for the second quarter of 2009 will be issued after the market
closes on Thursday, August 6, 2009. 

The conference call will be webcast live over the internet from the Company`s
web site at www.emeritus.com under the "investors" section. The conference call
can also be accessed by dialing (800) 388-8975, or for international
participants (913) 312-1454. A replay of the conference call will be available
after 8:00 P.M. Eastern Time on Thursday, August 6, 2009, until midnight Eastern
Time, Thursday, August 13, 2009, and can be accessed by dialing (888) 203-1112,
or for international participants (719) 457-0820 and entering the passcode
2647058. 

ABOUT THE COMPANY

Emeritus Corporation is a national provider of assisted living and Alzheimer`s
and related dementia care services to seniors. Emeritus is one of the largest
and most experienced operators of freestanding assisted living communities
located throughout the United States. These communities provide a residential
housing alternative for senior citizens who need assistance with the activities
of daily living, with an emphasis on personal care services, which provides
support to the residents in the aging process. Emeritus currently operates 309
communities in 36 states representing capacity for approximately 27,200 units
and approximately 32,400 residents. Our common stock is traded on the New York
Stock Exchange under the symbol ESC, and our home page can be found on the
Internet at www.emeritus.com. 

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995:A number of the matters and subject areas discussed in this report that are
not historical or current facts deal with potential future circumstances,
operations, and prospects.The discussion of such matters and subject areas is
qualified by the inherent risks and uncertainties surrounding future
expectations generally, and also may materially differ from our actual future
experience as a result of such factors as: the effects of competition and
economic conditions on the occupancy levels in our communities; our ability
under current market conditions to maintain and increase our resident charges in
accordance with our rate enhancement programs without adversely affecting
occupancy levels; increases in interest costs as a result of re-financings; our
ability to control community operation expenses, including insurance and utility
costs, without adversely affecting the level of occupancy and the level of
resident charges; our ability to generate cash flow sufficient to service our
debt and other fixed payment requirements; our ability to find sources of
financing and capital on satisfactory terms to meet our cash requirements to the
extent that they are not met by operation; and uncertainties related to
professional liability claims.We have attempted to identify, in context, certain
of the factors that we currently believe may cause actual future experience and
results to differ from our current expectations regarding the relevant matter or
subject area.These and other risks and uncertainties are detailed in our reports
filed with the Securities and Exchange Commission, including "Item 1A. Risk
Factors" in our Annual Report on Form 10-K for the year ended December 31, 2008.



Emeritus Corporation
Investor Relations
206-298-2909 

Copyright Business Wire 2009

 

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