ADB Group to report a mid-period business update on 25 October
ADB Holdings S.A. /
ADB Group to report a mid-period business update on 25 October
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The issuer is solely responsible for the content of this announcement.
Geneva - 10 October 2011
The management of ADB Group will hold a conference call to present the second
half 2011 mid-period business update, on Tuesday 25(th) October 2011, at 15:00
CET.
To connect to the conference call, participants should dial the following
number: +41 (0) 44 580 6398.
Participant pass code is "ADB".
This press release and further information on ADB Group can be found on the
Group's website at
www.adbholdings.com
For further information please contact:
Tina Nyfors
Investor Relations /Group Communication
Tel: +41 22 592 8433
Fax: +41 22 592 8402
t.nyfors@adbglobal.com
-end-
About ADB Group (SIX: ADBN)
ADB Group (www.adbholdings.com) was founded in 1995 and is a leading developer
of solutions required to view and interact with digital TV broadcast through
cable, satellite, terrestrial and IP networks. The Group sells a broad range of
products and services, including software, consumer premises devices, system
integration and after sales services, and broadband solutions such as gateway
products, for multimedia connected homes through telecom operations, The
development and sales of the Group's products and services are conducted through
the brand of ADB (www.adbglobal.com).
This press release contains forward-looking statements. You are cautioned that
any such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, and that actual results may differ materially
from those in the forward-looking statements as a result of various factors,
among which:
* future developments of the world digital TV market, in particular the future
demand for digital TV products in the key markets and from key customers
served by our Group;
* pricing pressures, competitive market situation;
* our and the industry's capability to successfully and timely innovate and
develop challenging technology, and our capability to hire and retain high-
level employees;
* changes in the exchange rates between the US$ and the main other operating
currencies of the Group, including the Euro and the Polish Zloty;
* our ability in an intensive competitive environment, to continue securing
orders from existing or new customers and to achieve our pricing
expectations for volume supplies of new products in whose development we
have or are currently investing;
* the ability of our suppliers to meet our demands for supplies, qualitatively
or quantitatively, and to offer competitive pricing;
* our gross margin could vary significantly from expectations based on changes
in revenue levels, product mix and pricing, changes in unit costs, and the
timing and execution of shipments ramp-ups;
* changes in the economic, tax, social or political environment, including
import and other duties, military conflict, terrorist activities, as well as
natural events such as severe weather, health risks, epidemics or
earthquakes in the countries in which we, our key customers and our
suppliers operate;
* our ability to obtain required licenses on third-party intellectual property
on reasonable terms and conditions, the impact of potential claims by third
parties involving intellectual property rights relating to our business, and
the outcome of litigation;
* the results of actions by our competitors, including new product offerings
and our ability to react thereto.
Advanced Digital Broadcast Holdings SA undertakes no obligation to publicly
update or revise any forward-looking statements. Advanced Digital Broadcast
Holdings SA reserves the right to amend the information at any time without
prior notice.
The information contained in this press release may not be considered as being a
substitute for economic, legal, tax or other advice and you are cautioned to
base investment decisions or other decisions on the content of this release. You
are recommended to consult your investment advisers or other advisers prior to
making any decision.
This press release is not an offer of securities for sale or a solicitation to
invest in Advanced Digital Broadcast Holdings SA securities. In particular, it
is not an offer of securities for sale in the United States of America, its
territories and possessions. Securities may not be offered or sold in the
United States absent registration or an exemption from registration under the
U.S. Securities Act of 1933, as amended. Advanced Digital Broadcast Holdings SA
does not intend to register its securities in the United States of America.
--- End of Message ---
ADB Holdings S.A.
Avenue de Tournay 7 Chambesy Switzerland
ISIN: CH0021194664;
ADB Group Business Updates call Invitation:
http://hugin.info/136393/R/1553662/478889.pdf
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originality of the information contained therein.
Source: ADB Holdings S.A. via Thomson Reuters ONE
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