Image Entertainment Invites You to Join Its Fiscal 2010 Second Quarter Conference...
Image Entertainment Invites You to Join Its Fiscal 2010 Second Quarter
Conference Call Scheduled for Thursday, November 12, 2009 at 4:30 PM Eastern
Time
ADVISORY, Nov. 5, 2009 (GLOBE NEWSWIRE) -- Image Entertainment, Inc.
(Nasdaq:DISK), a leading independent licensee and distributor of entertainment
programming in North America, will hold a conference call and webcast on
Thursday, November 12, 2009, at 4:30 PM EASTERN TIME to review the financial
results for its fiscal 2010 second quarter ended September 30, 2009, followed by
a Q&A session.
Date: November 12, 2009
Time: 1:30 PM PT
Listen via Internet: www.image-entertainment.com
Toll-free: (877) 718-5092
International: (719) 325-4817
For those unable to participate in the conference call, a recording of the call
will be available from 7:30 PM EASTERN on the day of the call until November 25,
2009. To access the recording, dial (888) 203-1112 and enter the passcode
6834409. International participants please dial (719) 457-0820 and use the same
passcode.
Participating on the call will be Image Entertainment's Executive Management.
About Image Entertainment:
Image Entertainment, Inc. is a leading independent licensee and distributor of
entertainment programming in North America, with approximately 3,200 exclusive
DVD titles and approximately 340 exclusive CD titles in domestic release and
approximately 400 programs internationally via sublicense agreements. For many
of its titles, the Company has exclusive audio and broadcast rights and, through
its subsidiary, Egami Media, Inc. has digital download rights to approximately
2,000 video programs and over 300 audio titles containing more than 5,100
individual tracks. The Company is headquartered in Chatsworth, California. For
more information about Image Entertainment, Inc., please go to
www.image-entertainment.com.
Forward-Looking Statements:
This press release includes forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 relating to, among other
things, the Company's goals, plans and projections regarding the Company's
financial position, results of operations, market position, product development
and business strategy. These statements may be identified by the use of words
such as "will," "may," "estimate," "expect," "intend," "plan," "believe," and
other terms of similar meaning in connection with any discussion of future
operating or financial performance or other events or developments. All
forward-looking statements are based on management's current expectations and
involve inherent risks and uncertainties, including factors that could delay,
divert or change any of them, and could cause actual outcomes and results to
differ materially from current expectations.
These factors include, but are not limited to, (a) the Company's ability to
continue as a going concern, (b) the Company's ability to service its principal
and interest obligations on its outstanding debt or otherwise renegotiate or
refinance such outstanding debt, including the potential November 2009 principal
and interest payment on its convertible note, (c) the Company's limited working
capital and the Company's inability to raise additional working capital on
acceptable terms or at all, (d) the Company's ability to borrow against the
Company's revolving line of credit, (e) the Company's ability to secure media
content on acceptable terms, (f) the ability of the Company's common stock to
continue trading on The NASDAQ Stock Market, (g) the performance of business
partners upon whom the Company depends upon, (h) changes in the retail DVD and
digital media and entertainment industries, (i) changing public and consumer
taste and changes in customer spending patterns, (j) decreasing retail shelf
space for the Company's industry, (k) changes in the Company's business plan,
(l) heightened competition, including with respect to pricing, entry of new
competitors, the development of new products by new and existing competitors,
(m) changes in general economic conditions, including the performance of
financial markets and interest rates, (n) difficult, adverse and volatile
conditions in the global and domestic capital and credit markets, (o) claims
that the Company infringed other parties' intellectual property, (p) changes in
accounting standards, practices or policies, (q) adverse results or other
consequences from litigation, arbitration or regulatory investigations, and (r)
further sales or dilution of the Company's equity, which may adversely affect
the market price of the Company's common stock.
For further details and a discussion of these and other risks and uncertainties,
see "Forward-Looking Statements" and "Risk Factors" in the Company's most recent
Annual Report on Form 10-K, and the Company's most recent Quarterly Reports on
Form 10-Q. Many of the factors that will determine the outcome of the subject
matter of this press release are beyond Image Entertainment's ability to control
or predict. Actual results for the periods identified may differ materially from
management's expectations. Unless otherwise required by law, the Company
undertakes no obligation to publicly update any forward-looking statement,
whether as a result of new information, future events or otherwise.
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CONTACT: Image Entertainment, Inc.
Jeff Framer, President and Chief Financial Officer
818-407-9100 ext. 299
jframer@image-entertainment.com
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