Flowserve Corp : Flowserve to Present at Gabelli & Company, Inc's 17th Annual Pump, Valve and Motor Symposium
02/02/2007| 03:51pm US/Eastern
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Flowserve Corp. (NYSE:FLS) will be presenting at the Gabelli & Company,
Inc. 17th Annual Pump, Valve and Motor
Symposium on Thursday, February 8, 2007, at 8:00 a.m. (EST) in New York,
New York. The live presentation can be accessed at http://www.wsw.com/webcast/gabelli16/fls/.
Flowserve Corp. is one of the world's leading providers of fluid motion
and control products and services. Operating in 56 countries, the
company produces engineered and industrial pumps, seals and valves as
well as a range of related flow management services.
SAFE HARBOR STATEMENT: This release includes forward-looking statements.
Forward-looking statements are all statements that are not statements of
historical facts and include, without limitation, statements relating to
our business strategy and statements of expectations, beliefs, future
plans and strategies and anticipated developments concerning our
industry, business, operations and financial performance and condition.
The words ?believe,? ?seek,?
?anticipate,? ?plan,?
?estimate,? ?expect,?
?intend,? ?project,?
?forecast,? ?predict,?
?potential,? ?continue,?
?will,? ?may,?
?could,? ?should,?
and other words of similar meaning are intended to identify
forward-looking statements. The forward-looking statements made in this
presentation are made pursuant to safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors that, in some cases, are beyond our control. These risks,
uncertainties and factors may cause our actual results, performance and
achievements, or industry results and market trends, to be materially
different from any future results, performance, achievements or trends
expressed or implied by such forward-looking statements. Important
risks, uncertainties and other factors that could cause actual results
to differ from these forward-looking statements include, but are not
limited to, the following: delays in future reports of the Company's
management and outside auditors on the Company's
internal control over financial reporting and related certifications;
continuing delays in the Company's filing of
its periodic public reports and any SEC, NYSE or debt rating agencies'
actions resulting there from; the possibility of adverse consequences of
the pending securities litigation; the possibility of adverse
consequences related to the investigations by the SEC and foreign
authorities regarding our participation in the United States
Oil-for-Food program; the possibility of adverse consequences of
governmental tax audits of the Company's tax
returns, including the upcoming IRS audit of the company's U.S. tax
returns for the years 2002 through 2004; the Company's
ability to convert bookings, which are not subject to nor computed in
accordance with generally accepted accounting principles, into revenues
at acceptable, if any, profit margins, since such profit margins cannot
be assured nor be necessarily assumed to follow historical trends;
changes in the financial markets and the availability of capital;
changes in the already competitive environment for the Company's
products or competitors' responses to the Company's
strategies; the Company's ability to
integrate acquisitions into its management and operations; political
risks, military actions or trade embargoes affecting customer markets,
including the continuing conflict in Iraq, uncertainties in certain
Middle Eastern countries such as Iran, and their potential impact on
Middle Eastern markets and global petroleum producers; the Company's
ability to comply with the laws and regulations affecting its
international operations, including the U.S. export laws, and the effect
of any noncompliance; the health of the petroleum, chemical, power and
water industries; economic conditions and the extent of economic growth
in the U.S. and other countries and regions; unanticipated difficulties
or costs associated with the implementation of systems, including
software; the Company's relative geographical
profitability and its impact on the Company's utilization of foreign tax
credits; the recognition of significant expenses associated with
realigning operations of acquired companies with those of Flowserve; the
Company's ability to meet the financial
covenants and other requirements in its debt agreements; any terrorist
attacks and the response of the U.S. to such attacks or to the threat of
such attacks; technological developments in the Company's
products as compared with those of its competitors; changes in
prevailing interest rates and the Company's
effective interest costs; and adverse changes in the regulatory climate
and other legal obligations imposed on the Company. It is not possible
to foresee or identify all the factors that may affect our future
performance or any forward-looking information, and new risk factors can
emerge from time to time. Given these risks and uncertainties, you
should not place undue reliance on forward-looking statements as a
prediction of actual results. All forward-looking statements included in
this news release are based on information available to us on the date
of this news release. We undertake no obligation to revise or update any
forward-looking statement or disclose any facts, events or circumstances
that occur after the date hereof that may affect the accuracy of any
forward-looking statement.
© Business Wire 2007
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