Dex Media Hosts Investor Call on Tuesday, May 7
DALLAS--(BUSINESS WIRE)-- Dex Media, Inc. (NAS: DXM) - one of the largest national providers of social, local and mobile marketing solutions through direct relationships with local businesses - welcomes investors, media and other interested parties to join Peter McDonald, president and CEO of Dex Media and Samuel D. Jones, executive vice president, chief financial officer and treasurer of Dex Media, in a discussion via a webcast and teleconference on Tuesday, May 7, beginning at 10 a.m. (EDT).
Individuals within the United States can access the call by dialing 888/603-6873. International participants should dial 973/582-2706. The pass code for the call is: 46200966. In order to ensure a prompt start time, please dial into the call by 9:50 a.m. (EDT). A replay of the teleconference will be available at 800/585-8367. International callers can access the replay by calling 404/537-3406. The replay pass code is: 46200966. The replay will be available through May 21, 2013. In addition, a live Web cast will be available on Dex Media's Web site in the Investor Relations section at www.DexMedia.com.
The common stock of Dex Media began trading May 1, 2013 on the NASDAQ stock exchange under the symbol: DXM. The company has over 2,700 marketing consultants already advising approximately 665,000 local businesses across social, local and mobile media.
Dex Media was formed upon the completion of the merger of Dex One Corporation and SuperMedia Inc. on April 30, 2013. Under the terms of the merger agreement, legacy Dex One shareholders received 0.20 shares of Dex Media's newly issued common stock for each Dex One share they owned, and legacy SuperMedia shareholders received 0.4386 shares for each SuperMedia share they owned.
Prior to the completion of the merger Dex One Corporation traded on the NYSE under the stock ticker DEXO and SuperMedia Inc. traded on the NASDAQ under the stock ticker SPMD.
While the corporate entity will be called Dex Media, in their respective markets, local sales and customer care personnel will conduct business under the Dex One and SuperMedia brands.
About Dex Media
Dex Media (NAS: DXM) provides local, social and mobile marketing solutions to businesses in communities across the U.S. under the Dex One and SuperMedia brands. The company's widely used consumer services include the Dex Knows.com® and Superpages.com® online and mobile search portals and applications and local print directories. For more information, visit www.DexMedia.com.
Certain statements contained in this press release regarding the benefits of the transaction, future growth potential, timing, effects of the transaction, or other attributes of the combined company, Dex Media, Inc.("Dex Media"), and any other statements not constituting historical fact are "forward-looking statements" subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Where possible, the words "believe," "expect," "anticipate," "intend," "should," "will," "would," "planned," "estimated," "potential," "goal," "outlook," "may," "predicts," "could," or the negative of such terms, or other comparable expressions, as they relate to Dex Media or its management, have been used to identify such forward-looking statements. All forward-looking statements reflect only on Dex Media's current beliefs and assumptions with respect to future business plans, prospects, decisions and results, and are based on information currently available to Dex Media. Accordingly, the statements are subject to significant risks, uncertainties and contingencies, which could cause Dex Media's actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by, these statements.
Factors that could cause actual results to differ materially from current expectations include risks and other factors described in Dex One Corporation's and SuperMedia Inc.'s publicly available reports filed with the Securities and Exchange Commission, which contain discussions of various factors that may affect the business or financial results of the combined company. Such risks and other factors, which in some instances are beyond Dex Media's control, include: the continuing decline in the use of print directories; increased competition, particularly from existing and emerging digital technologies; ongoing weak economic conditions and continued decline in advertising sales; the ability to collect trade receivables from customers to whom they extend credit; the ability to generate sufficient cash to service its debt; the company's ability to comply with the financial covenants contained in its debt agreements and the potential impact to operations and liquidity as a result of restrictive covenants in such debt agreements; the company's ability to refinance or restructure its debt on reasonable terms and conditions as might be necessary from time to time; increasing interest rates; changes in the company's and the company's subsidiaries credit ratings; changes in accounting standards; regulatory changes and judicial rulings impacting the company's businesses; adverse results from litigation, governmental investigations or tax related proceedings or audits; the effect of labor strikes, lock-outs and negotiations; successful realization of the expected benefits of acquisitions, divestitures and joint ventures; the ability to maintain agreements with major Internet search and local media companies; the reliance on third-party vendors for various services; and other events beyond the company's control that may result in unexpected adverse operating results.
With respect to the merger, important factors could cause actual results to differ materially from those indicated by forward-looking statements included herein, including, but not limited to: the risk that anticipated cost savings, growth opportunities and other financial and operating benefits as a result of the transaction may not be realized or may take longer to realize than expected; the risk that benefits from the transaction may be significantly offset by costs incurred in integrating the companies, including, coordinating geographically separate organizations, integrating business cultures, which could prove to be incompatible, difficulties and costs of integrating information technology systems; and the potential difficulty in retaining key officers and personnel. Dex Media is not responsible for updating the information contained in this release beyond the publication date, or for changes made to this document by wire services or Internet service providers.
Dex Media, Inc.
Media Relations Contacts:
Andrew Shane, 972-453-6473
Chris Hardman, 303-478-8432
Investor Relations Contact:
Cliff Wilson, 972-453-6188
KEYWORDS: United States North America Texas
The article Dex Media Hosts Investor Call on Tuesday, May 7 originally appeared on Fool.com.
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