FOR IMMEDIATE RELEASE
PC GROUP, INC. TO HOST CONFERENCE CALL ON NOVEMBER 4, 2010
TO DISCUSS 2010 THIRD QUARTER RESULTS
New York, New York – November 1, 2010 – PC Group, Inc. (OTCQB:PCGR) announced today that it will issue a press release on its earnings for the Third Quarter of 2010, on Wednesday, November 3, 2010, after the market closes, and host a conference call at 10:30 AM (EDST) on Thursday, November 4, 2010.
There are two ways to participate in the conference call—via conference call or webcast. Domestic callers may dial in at 1-888-811-2215. International callers may dial in at 1-970-315-0489. Callers should dial in five to ten minutes before the scheduled start time. You may also access the conference call via webcast by visiting PC Group, Inc.’s website (http://www.pcgrpinc.com), selecting Investor Relations, and going to Quarterly Earnings and Conference Calls.
The Company, through its wholly owned subsidiaries Twincraft and Silipos, offers a diverse line of bar soap and other skincare products for the private label retail, medical and consumer markets. Silipos, is also a provider of quality medical products to the orthopedic and prosthetic markets. The Company is based in New York, NY, and has manufacturing facilities in Niagara Falls, NY and Winooski,VT. You can learn more about us by visiting our website at http://www.pcgrpinc.com.
Forward-looking Statements
This press release includes “forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may use words such as "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions to identify forward-looking statements. These forward-looking and other statements, which are not historical facts, are based largely upon our current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by such forward-looking statements. These risks and uncertainties include, among others, the delisting of our common stock from the Nasdaq Capital Market and actions taken by holders of our common stock in response to this announcement; the willingness of market makers, to continue to trade the Company's common stock on the Pink Sheets; the history of net losses and the possibility of continuing net losses during and beyond 2010; the current economic downturn and its effect on the credit and capital markets as well as the industries and customers that utilize our products; the risk that any intangibles on our balance sheet may be deemed impaired resulting in substantial write-offs; the risk that we may not be able to raise adequate financing to fund our operations and growth prospects; risks associated with our ability to repay debt obligations, including the risk that the Company is unable to refinance its 5% Convertible Notes; the cost and expense of complying with government regulations which affect the research, development and formulation of our products; changes in our relationships with customers; declines in the business of our customers; the loss of major customers; volatility in the prices of raw materials used in our products; risks associated with the acquisition and integration of businesses we may acquire; the risk that we may not find a suitable replacement Chief Financial Officer and Chief Operating Officer; and other factors described in the “Risk Factors” section of the Company's filings with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K and most recently filed Forms 8-K and 10-Q, which may be obtained at our web site at www.pcgrpinc.com or the Securities and Exchange Commission’s web site at www.sec.gov.
For more information, contact:
W. Gray Hudkins, President and Chief Executive Officer
(212) 687-3260