CimatronE 11 to be Showcased in Malaysia May 20, 2013 08:30AM

GIVAT SHMUEL, Israel, May 20, 2013 /PRNewswire/ --

Cimatron Limited (NASDAQ: CIMT) today announced that the new CimatronE 11, the latest version of its integrated CAD/CAM software solution, will be demonstrated at the Metaltech trade show in Kuala Lumpur, Malaysia, May 21-25, 2013.

"Time, quality and cost are the three key considerations underpinning the world of manufacturing today, with manufacturers constantly looking for new ways in which to shorten production time, enhance quality, and reduce costs," said Mr Kobi Rosenwasser, Cimatron's VP Asia Pacific.

"As our many customers worldwide will attest, Cimatron offers a proven solution in these three areas. Our latest software release, CimatronE 11, in particular employs the latest technologies, new analysis tools, powerful automations, and advanced processes, to provide mold and die designers and machinists with a major competitive edge.

"I encourage visitors to Metaltech to visit our resellers' booths for a one-on-one demonstration of how they can benefit from all that CimatronE 11 has to offer."

CimatronE 11 will be displayed at Metaltech at the booths of resellers Saeilo (#2024) and MyGrowTech (#2317).

The particular CimatronE 11 capabilities to be shown at Metaltech include:

  • Mold - A new ECO Manager offering highly effective identification, implementation, and documentation of any number of engineering changes in a project; super fast internal parting surface creation; easy lifter pocket creation; and enhanced cooling channel design.
  • Die - A new flexible die design environment; a nesting tool for transfer dies; and springback analysis for reducing shop-floor trial-and-error.
  • Machining Strategies - Enhanced capabilities in Finish and Rough; ultra-fast high volume material removal tool VoluMill for both Pocket and Rough; and increased drilling automation.
  • NC programming - Major programming efficiencies; a new embedded material removal simulator; and greater automation with more flexible and powerful templates.

CimatronE's sister product, GibbsCAM, will also be demonstrated at the show at MyGrowTech's booth.

More information about CimatronE 11 is available at http://launch.cimatron.com.

About Cimatron

With more than 30 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM software solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles and ultimately shorten product delivery time.

The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrodes design, 2.5 to 5 axes milling, wire EDM, turn, mill-turn, rotary milling, multi-task machining, and tombstone machining. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.

Cimatron's shares are publicly traded on the NASDAQ under the symbol CIMT. For more information, please visit Cimatron's web site at: http://www.cimatron.com

This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to Cimatron's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Cimatron's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Cimatron products and services, long sales cycles, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties related to Cimatron's business, refer to Cimatron's filings with the Securities and Exchange Commission. Cimatron cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Cimatron undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

For More Information Contact:

Ilan Erez
Chief Financial Officer
Cimatron Ltd.
Phone: +972-73-237-0114
Email: ilane@cimatron.com
 
Idit Pass Lagziel
Marketing Manager
Cimatron Ltd.
Phone: +972-73-237-0298
Email: iditp@cimatron.com
 
Investor Relations contact:
Ehud Helft/Kenny Green
CCG Investor Relations
Tel: (US) +1-646-201-9246
Email: Cimatron@ccgisrael.com

SOURCE Cimatron Ltd


Kinbasha Gaming International, Inc. Announces Introduction of Lower Denomination Slot Machines in Tokyo Metro Area May 20, 2013 08:31AM

HITACHI, JAPAN -- (Marketwired) -- 05/20/13 -- Kinbasha Gaming International, Inc. (OTCQX: KNBA), owner and operator of retail pachinko gaming centers in Japan, today announced that it has successfully introduced lower denomination slot machines at two of its parlors in the Tokyo Metropolitan Area. Gross wagers at the company's locations in Shinjuku and Fuchu have increased due to the fact that customers have the opportunity to play slots using 5 yen tokens, as opposed to standard 20 yen machines.

Kinbasha's parlor in Shinjuku started accepting 5 yen tokens at 17% of its 210 slot machines in March. Its parlor in Fuchu introduced 5 yen slots at 14% of its 196 slot machines in April. These parlors introduced the new lower denomination slots through a promotional "5 Yen Slot Corner" at each location. Kinbasha also has 5 yen slot machines at eight other locations outside Tokyo.

"The introduction of 5 yen slot machines at two of our parlors in the greater Tokyo area has been a great success," said Masatoshi Takahama, Chief Executive Officer. "The lower denomination machines are attractive because they provide both new and inexperienced players more opportunities to hit the jackpot on a lower budget. As a result, slot machine occupancy rates and gross wagers are up at both locations."

At current exchange rates, the standard 20 yen Japanese slot machine equates to about 20 cents to spin the reels. Likewise, a 5 yen Japanese slot machine is similar to a Las Vegas nickel slot machine.

In Japan, a generation of younger players, as well as retirees who are new to gaming, are attracted to the 5 yen machines. There is less risk of losing a significant sum of money and players can enjoy the entertainment value of the game at a lower cost.

Japan is the world's largest market for slot machines with an installed base of approximately 1.4 million slot machines. In comparison, the United States only has an installed base of approximately 853,000 "gaming machines" according to the American Gaming Association, and this figure includes not only slot machines, but other gaming devices, such as video poker. This equates to a Japanese market for slot machines that is almost two times larger than the United States market.

Japanese slot machines are similar to Las Vegas three reel slot machines, with the exception that each reel on the Japanese machine can be independently stopped by the player.

About Kinbasha Gaming International, Inc.

Based in Hitachi City, Japan, Kinbasha Gaming International, Inc. (OTCQX: KNBA) is a retail gaming company that operates 21 pachinko parlors in the Japanese prefectures of Ibaraki, Tokyo and Chiba. For more than 50 years, the company's retail gaming establishments have offered customers the opportunity to play the games of chance known as pachinko and pachislo. Pachinko is played on a device which resembles a vertical pinball machine and pachislo is played on a machine that resembles a western style slot machine. Pachinko and pachislo are collectively ranked as Japan's largest leisure activity. For more information on Kinbasha, please visit: www.kinbashainc.com

For comprehensive investor relations material, including fact sheets, multimedia resources, and videos regarding Kinbasha, please follow the appropriate link: Investor Portal, Overview Video and Investor Fact Sheet

Kinbasha shares are listed on the OTCQX. Investors can access free, real-time Level 2 quotes for the company at: www.otcmarkets.com/stock/KNBA/quote

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the Company's business and operations; business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Investor Contact:

Trilogy Capital Partners - Asia
Darren Minton
President
212-634-6413
Email Contact

Source: Kinbasha Gaming International, Inc.


UniPixel Receives $5 Million Milestone Payment for UniBoss License May 20, 2013 08:31AM

THE WOODLANDS, TX -- (Marketwired) -- 05/20/13 -- UniPixel, Inc. (NASDAQ: UNXL), a provider of Performance Engineered Films" to the touch screen, flexible printed electronics, and lighting and display markets, received a $5 million payment according to its recently announced second preferred price and capacity license with a major touch-screen ecosystem partner.

UniPixel signed the licensee to facilitate the development, introduction and production of products that feature next-generation touch screens based on UniPixel's UniBoss" pro-cap, multi-touch sensor film. UniPixel will recognize the $5 million as deferred revenue in the second quarter of 2013 and apply the funds toward building out an additional one million square feet per month of UniBoss production capacity.

"The milestone payment marks significant progress towards the worldwide commercial roll-out of our UniBoss touch screen technology," said Reed Killion, president and CEO of UniPixel. "It demonstrates that our manufacturing capacity ramp-up schedule is on track. The equipment for two new UniBoss printing lines are on the way to our new Kodak Rochester facility so that we may begin their installation in the second quarter. We also anticipate the equipment for two plating lines to arrive at our Lufkin facility in June, and then equipment for four additional plating lines to arrive at the Kodak Rochester facility by July."

UniPixel recently reported shipping initial batches of sensors to its PC maker licensee from its Texas manufacturing facilities. The company expects to meet its stated capacity targets by expanding the Kodak Rochester site, adding additional printing and plating lines, and increasing the throughput of printing and plating lines through continuous process improvement.

"As with any consumer electronics product ramp, it begins with building the qualification units, which then receive rigorous testing, such as accelerated life and environmental testing, FCC certification, and operating system compatibility testing," said Reed. "These evaluations will begin once production level end-products are built out by the ODM. While we had expected their build-out to be completed in the second quarter, our PC partner recently reported delays with associated operating system software. Given our understanding of their updated timeline, our expectations for products utilizing UniBoss touch sensors to be on the shelves has been shifted from the third quarter into the fourth quarter of this year. The relationship with our PC manufacturer is exceptional and we continue to work closely with them and their supply chain to ensure a smooth introduction and transition of UniBoss touch sensors into the PC licensee's platforms."

UniPixel continues to build on the strategic value of its IP as it relates to the UniBoss roll-to-roll additive process and the touch sensor market. "Our IP landscape process is used to ensure the value our new patents," said Reed. "We conduct extensive research on existing patents and applications, and have yet to see or hear of any patents that would hinder the production-level rollout of our UniBoss touch sensor product."

Over the last several months UniPixel has met its milestones and deliverables, and has been on a solid path toward growth and profitability in 2013. "Our focus for the remainder of the year will be on building out equipment capacity and ramping UniBoss production, while working closely with our global licensees and manufacturing partners on new designs and production opportunities," continued Reed. "We also plan to attend a number of industry events over the next few weeks to showcase our UniBoss technology."

UniPixel has been invited to attend The Society of Information Display's 9th Annual Display Investor Conference being held tomorrow, May 21, at the Vancouver Convention Center. UniPixel's vice president of global sales, Robert Berg, is scheduled to present a keynote presentation titled "Advanced Technologies and Materials Impacting the Display Ecosystem." He will be joined by Jim Tassone, UniPixel's vice president of business development, and Mark McCloud, the company's senior director of global account management.

UniPixel has also been invited to attend the 10th Annual Craig-Hallum Conference in Minneapolis, Minnesota on May 29, and on the next day will present at the Cowen Group's 41st Annual Technology, Media & Telecom Conference in New York City. The company will then attend Computex Taipei in Taiwan on June 4-8, where it will showcase product samples and prototypes.

About UniBoss A UniBoss touch-screen offers higher touch response and sensitivity, superior touch distinction, better durability, and lower power requirements. UniBoss offers the touch ecosystem the unique advantages of metal mesh touch sensors based on an additive, roll-to-roll, flexible electronics process, as compared to the traditional subtractive ITO-based and subtractive ITO replacement based touch sensor solutions. The UniBoss manufacturing process continues to be the only additive process that promises to reduce manufacturing costs and supply chain complexity of current ITO and other ITO replacement sensors by significantly minimizing manufacturing steps. Other production advantages include lower material costs and a simplified supply chain, as well as extensibility to many sizes and form factors.

About UniPixel Headquartered in The Woodlands, Texas, UniPixel, Inc. (NASDAQ: UNXL) delivers Performance Engineered Films to the Lighting, Display and Flexible Electronics markets. UniPixel's high-volume roll-to-roll or continuous flow manufacturing process offers high-fidelity replication of advanced micro-optic structures and surface characteristics over large areas. A key focus for UniPixel is developing electronic conductive films for use in electronic sensors for consumer and industrial applications. The company's newly developed UniBoss" roll-to-roll electronics manufacturing process prints conductive elements on thin film with trace widths down to ~ 5um. The company is marketing its films for touch panel sensor, cover glass replacement, protective cover film, antenna and custom circuitry applications under the UniPixel label, and potentially under private label or Original Equipment Manufacturers (OEM) brands. UniPixel's brands include Clearly Superior", Diamond Guard" and others. For further information, visit www.unipixel.com.

Forward-looking Statements All statements in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under Item 1A "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2012. We operate in a highly competitive and rapidly changing environment, thus new or unforeseen risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise any forward-looking statements. Readers are also urged to carefully review and consider the other various disclosures in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q and Current Reports on Form 8-K.

Trademarks in this release are the property of their respective owners.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Company Contact:
Jeff Tomz
CFO
UniPixel, Inc.
Tel 281-825-4500

Investor Relations Contact:
Ron Both
Liolios Group, Inc.
Tel 949-574-3860
Email Contact

Source: UniPixel, Inc.


Mac-Gray Corporation Amends Senior Credit Facility May 20, 2013 08:30AM

WALTHAM, Mass., May 20, 2013 /PRNewswire/ -- Mac-Gray Corporation (NYSE: TUC), the nation's premier provider of laundry facilities management services to multi-family housing, today announced the signing of an amended five-year, $250 million senior credit facility.  The transaction extends the maturity date by 14 months to May 2018 and reduces the Company's borrowing spread, based on its current leverage ratio, by 75 basis points. 

As a result of the transaction, the Company expects to generate approximately $700,000 in interest expense savings in 2013 and approximately $5 million over the life of the facility, depending on utilization.

"This amended facility increases our financial flexibility and highlights our success in continuing to strengthen the Company by improving earnings, generating free cash flow and reducing our leverage ratio," said Stewart G. MacDonald, Mac-Gray's chief executive officer.  "Strong free cash flow has enabled us to reduce funded debt by more than $130 million since 2008, while reducing our leverage ratio from 3.8 times EBITDA to 2.8 times EBITDA at the end of the first quarter of this year.  The transaction announced today reflects the confidence of our supportive bank group, led by Bank of America Merrill Lynch, which is committed to partnering with Mac-Gray."  

About Mac-Gray CorporationFounded in 1927, Mac-Gray derives its revenue principally through the contracting of debit-card- and coin-operated laundry facilities in multi-unit housing facilities such as apartment buildings, college and university residence halls, condominiums and public housing complexes. Mac-Gray manages laundry rooms located in 44 states and the District of Columbia. Mac-Gray also sells and services commercial laundry equipment to retail laundromats and other customers through its product sales division. To learn more about Mac-Gray, visit the Company's website at www.macgray.com.

Important Shareholder Information Mac-Gray will hold its 2013 Annual Meeting of Stockholders on May 30, 2013. On April 29, 2013, the Company filed with the U.S. Securities and Exchange Commission (the "SEC") and mailed to its shareholders a definitive proxy statement in connection with the Annual Meeting and the solicitation of proxies (the "2013 Proxy Statement"). The 2013 Proxy Statement contains important information about Mac-Gray, the Annual Meeting and related matters.

INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE 2013 PROXY STATEMENT AND ANY OTHER RELEVANT SOLICITATION MATERIALS WHEN THEY BECOME AVAILABLE BECAUSE THESE DOCUMENTS CONTAIN IMPORTANT INFORMATION.

The 2013 Proxy Statement and other relevant solicitation materials (when they become available), and any and all documents filed by the Company with the SEC, may be obtained by investors and security holders free of charge at the SEC's web site at www.sec.gov. In addition, Mac-Gray's filings with the SEC, including the 2013 Proxy Statement and other relevant solicitation materials (when they become available), may be obtained, without charge, from Mac-Gray by directing a request to the Company at 404 Wyman Street, Suite 400, Waltham, Massachusetts 02451, Attention: Secretary. Such materials are also available at www.macgray.com/proxy.

Mac-Gray and its directors and executive officers are deemed to be participants in the solicitation of proxies from Mac-Gray's shareholders in connection with the Annual Meeting. Information regarding Mac-Gray's directors and executive officers, including a description of their direct and indirect interests by security holdings, is contained in the 2013 Proxy Statement and in Mac-Gray's 2012 Annual Report on Form 10-K filed with the SEC on March 15, 2013 (the "2012 Annual Report").

Safe Harbor Statement This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding anticipated interest expense savings associated with the Company's amended senior credit facility. The Company intends such forward-looking statements to be covered by the Safe Harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and is including this statement for purposes of complying with these Safe Harbor provisions.  Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations of the Company, may be identified by use of the words "believe," "expect," "intend," "anticipate," "project," or similar expressions.  Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from such forward-looking statements.  Certain factors which could cause actual results to differ materially from the forward-looking statements include, but are not limited to, general economic conditions, changes in multi-housing vacancy rates, the Company's ability to renew long-term customer contracts, and those risks set forth in the 2012 Annual Report and in other reports subsequently filed with the SEC.  The Company undertakes no obligation to update any forward-looking statements, which speak only as of the date of this release.

Use of Non-GAAP Financial Measure EBITDA is defined as net income before interest expense, provision for income taxes, and depreciation and amortization expense. EBITDA is not a measure of the Company's liquidity or financial performance under generally accepted accounting principles (GAAP) and should not be considered as alternatives to net income or any other performance measure derived in accordance with GAAP, or as an alternative to cash flows from operating activities as a measure of the Company's liquidity. Further, EBITDA should be read only in conjunction with the Company's consolidated financial statements prepared in accordance with GAAP.

Contacts:

Michael J. Shea

Scott Solomon

Chief Financial Officer

Vice President

Mac-Gray Corporation

Sharon Merrill

781-487-7610

617-542-5300

mshea@macgray.com 

TUC@investorrelations.com

SOURCE Mac-Gray Corporation


NFP Names Doug Hammond CEO May 20, 2013 08:30AM

NEW YORK, May 20, 2013 /PRNewswire/ -- National Financial Partners Corp. (NYSE: NFP), a leading provider of benefits, insurance and wealth management services, today announced that Douglas W. Hammond, president and chief operating officer, has been named chief executive officer (CEO), effective May 17, 2013. Mr. Hammond succeeds Jessica M. Bibliowicz, chairman and CEO of NFP. Ms. Bibliowicz, whose intention to step down as CEO was announced in April 2012, served as NFP's CEO since joining the company in April 1999, and as chairman since June 2003.

Commenting on today's announcement, Ms. Bibliowicz said, "Doug has been instrumental to NFP's success since its inception, and it has been an honor to work alongside him and the rest of the team at NFP to build a strong, diversified business with an unmatched client-focused culture. I am confident that Doug is absolutely the right leader for NFP going forward and remain as excited as ever about the opportunities ahead for this extraordinary organization."

Mr. Hammond said, "It has been a privilege working with Jessica for nearly 14 years, and I have great admiration for her leadership and all that she accomplished during her tenure. NFP has a tremendous opportunity to capitalize on our unique and valuable offerings in today's market, and I look forward to working with the team at NFP as we position the company for its future long-term growth and success."

As announced on April 15, 2013, NFP entered into a definitive agreement with Madison Dearborn Partners, LLC (MDP), a private equity investment firm, under which a controlled affiliate of MDP will acquire NFP. The transaction is subject to shareholder approval and other customary closing conditions.

Vahe Dombalagian, a managing director at MDP, said, "We are confident that NFP will continue to advance its strategy and thrive as a powerful, unified brand across its benefits, insurance and wealth management businesses under Doug's leadership. We look forward to supporting Doug and the talented team at NFP as they execute the company's One NFP strategy."

Today's appointment is part of the company's previously announced management succession plan. Ms. Bibliowicz will continue her service on the board as non-executive chairman of NFP until the close of the transaction with MDP.

Mr. Hammond, 47, has served as chief operating officer of NFP since 2008, and was named president in 2012. Prior to that role, he served as NFP's executive vice president and general counsel from 2004 to 2008 and as NFP's executive vice president and deputy general counsel from 2002 to 2004. Before joining NFP in 1999, Mr. Hammond was an attorney with the law firm known as Dewey & LeBoeuf LLP, where he specialized in corporate insurance and regulatory matters and represented NFP's capital sponsor prior to and during the formation of the company. He also held various business and legal positions in the financial institutions division of Gulf Insurance Group, Inc., a specialty lines insurance company. Mr. Hammond serves on the Advisory Board of Trustees of the Dolan School of Business of Fairfield University. He received his Bachelor of Arts from Fairfield University and his Juris Doctor from St. John's University School of Law.

About NFP National Financial Partners Corp. (NYSE: NFP) and its benefits, insurance and wealth management businesses provide diversified advisory and brokerage services to companies and high net worth individuals, partnering with them to preserve their assets and prosper over the long term. NFP advisors provide innovative and comprehensive solutions, backed by NFP's national scale and resources. NFP operates in three business segments. The Corporate Client Group provides corporate and executive benefits, retirement plans and property and casualty insurance. The Individual Client Group includes retail and wholesale life insurance brokerage and wealth management advisory services. The Advisor Services Group serves independent financial advisors by offering broker/dealer and asset management products and services. Most recently, NFP was ranked as the eighth Top Global Insurance Broker by Best's Review. In addition, NFP operates the fourth largest executive benefits provider of nonqualified deferred compensation plans administered for recordkeeping clients as ranked by PlanSponsor; operates a top 10 Independent Broker Dealer as ranked by Financial Planning and Financial Advisor; and had three advisors ranked in Barron's Top 100 Independent Financial Advisors. NFP is also a leading independent life insurance distributor, according to many top-tier carriers. For more information, visit www.nfp.com.

Forward-Looking Information This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may project, indicate or imply future results, events, performance or achievements, and may contain the words "anticipate," "expect," "intend," "plan," "believe," "estimate," "may," "project," "will," "continue" and similar expressions of a future or forward-looking nature. Forward-looking statements may include discussions concerning revenue, expenses, earnings, cash flow, impairments, losses, dividends, capital structure, market and industry conditions, premium and commission rates, interest rates, contingencies, the direction or outcome of regulatory investigations and litigation, income taxes and the Company's operations or strategy. These forward-looking statements are based on management's current views with respect to future results. Forward-looking statements are based on beliefs and assumptions made by management using currently available information, such as market and industry materials, experts' reports and opinions, and current financial trends. These statements are only predictions and are not guarantees of future performance. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated by a forward-looking statement. These risks and uncertainties include, without limitation: (1) the merger may not be consummated in a timely manner, if at all; (2) the merger agreement may be terminated in circumstances that require the Company to pay a termination fee or reimburse certain expenses; (3) the diversion of management's attention from the Company's ongoing business operations; (4) the ability of the Company to retain and hire key personnel; (5) the failure of Madison Dearborn Partners to obtain the necessary financing to complete the merger; (6) litigation relating to the merger; (7) the effect of the announcement of the merger on the Company's business relationships, operating results and business generally; (8) competitive responses to the proposed merger; and (9) the failure to obtain the requisite approvals to the merger, such as stockholder approval or the approval of FINRA with respect to the indirect change in ownership of the Company's broker-dealer subsidiaries. Additional factors are set forth in NFP's filings with the Securities and Exchange Commission (the "SEC"), including its Annual Report on Form 10-K for the year ended December 31, 2012, filed with the SEC on February 15, 2013 and its Quarterly Report on Form 10-Q for the period ended March 31, 2013, filed with the SEC on May 3, 2013. Forward-looking statements speak only as of the date on which they are made. The Company expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE National Financial Partners Corp.


More Press Releases

View Older Stories

May 20, 2013 08:30AM Syncsort's New Data Integration Solutions Provide a Smarter Approach to Hadoop ETL
May 20, 2013 08:30AM CardioDx Announces Publication of the IMPACT-CARD Trial Demonstrating Use of Corus® CAD Test Influenced Cardiologists' Clinical Management of Patients with Symptoms Suggestive of Obstructive Cor
May 20, 2013 08:30AM Parking Technology Provider Flash Valet and ParkWhiz eParking System Integrate to Provide Seamless, End-to-End Solution
May 20, 2013 08:30AM Edgewater to Present at the First Annual Singular Research Solstice Conference on June 13, 2013
May 20, 2013 08:30AM Edgewater Ranks 89th in The Boston Globe's Annual Globe 100 Top Performing Public Companies in Massachusetts
May 20, 2013 08:30AM Ventev Wireless Infrastructure "Takes Wi-Fi Outside" at CTIA 2013
May 20, 2013 08:30AM France Overtakes UK as Europe's Top Card Fraud Victim, FICO Map Reveals
May 20, 2013 08:30AM Hanlon's K9 Dog Training Academy Hosts Benefit to Raise Funds for a Trained Service Dog for Nico Santoli, Two-Year-Old Victim of Rare Childhood Eye Cancer
May 20, 2013 08:30AM LifeStyles® Newest Condom Creates Ultimate Stimulation With 25% Larger Studs
May 20, 2013 08:30AM Host Hotels & Resorts, Inc. Names Gregory J. Larson Its Chief Financial Officer
May 20, 2013 08:30AM SANGFOR WAN Optimization Technology Now Available in U.S. Through Ingram Micro
May 20, 2013 08:30AM Mobile Spy® Releases World's First Instant Stealth Camera and Microphone Surveillance for Smartphones and Tablets
May 20, 2013 08:30AM Direxion Appoints Stephen Rudman As Head Of Sales
May 20, 2013 08:30AM Cord Blood America, Inc. Announces New Service Offering
May 20, 2013 08:30AM ROI Acquisition Corp. Announces That Its Sponsor and Its Sponsor's Affiliate Will Purchase 1.65 Million Shares of ROI's Common Stock
May 20, 2013 08:30AM Sony Launches 4K Ultra HD TV Marketing Campaign
May 20, 2013 08:30AM American Sportswear to Boost Tommy Hilfiger Distribution Operations with LogFire Cloud-based Warehouse Management
May 20, 2013 08:30AM Rosetta Genomics Announces Credentialing Agreement with Prime Health Services for miRview mets2
May 20, 2013 08:30AM Made In The USA: American Consumers Can Bring Back 3 Million U.S. Manufacturing Jobs with Just Buying American Made, Says Author Richard Roedel
May 20, 2013 08:30AM Boston-Area Healthcare Solution for Seniors Includes a Prescription for Technology
May 20, 2013 08:30AM MVCA Research Report: Michigan Jumps to 15th for VC Activity, $242M Invested in 2012
May 20, 2013 08:30AM Paragon Shipping Enters Into A $69 Million Credit Facility With China Development Bank And Amends Its Credit Facility With Nordea
May 20, 2013 08:30AM Encore Capital Group Announces $100 Million Credit Facility for the Purchase of Tax Lien Certificates
May 20, 2013 08:30AM Scientific Games to Provide Instant Tickets and Services to National Lottery of Panama
May 20, 2013 08:30AM Rhythm Announces Study Demonstrating High Prevalence of Diabetic Gastroparesis Symptoms in the U.S.
May 20, 2013 08:30AM Rhythm Announces Phase 1b Results for Ghrelin Prokinetic RM-131 for Gastroparesis in Patients with Type 1 Diabetes
May 20, 2013 08:30AM John Gray appointed president of Experian Automotive
May 20, 2013 08:30AM 12-Year-Old's Fraction Solving App Named Amazon's Free App of the Day
May 20, 2013 08:30AM Heritage & York Financial Group Proves Again That the Financial Sector Can Be Trustworthy
May 20, 2013 08:30AM Telkonet, Inc. to Present at the SeeThruEquity Second Annual Investor Conference on June 4, 2013
May 20, 2013 08:30AM NTP Software's Bruce Backa in Washington DC to lobby on technology policy
May 20, 2013 08:30AM Ventev Mobile Accessories Debuts Unique iPhone 5 Battery Cases and a Portable Power Source With Rapid Charging Capability at CTIA 2013
May 20, 2013 08:30AM Atlantic Pharmaceuticals President Named Health Care Hero Finalist in Atlanta Business Chronicle for Drug Abuse Deterrent Technology
May 20, 2013 08:30AM US Air Force selects Raytheon's transportable air traffic radar system
May 20, 2013 08:30AM Team, Inc. Lowers Fourth Quarter 2013 Earnings Guidance
May 20, 2013 08:30AM CytRx Issues Letter to Stockholders Providing Business Update
May 20, 2013 08:30AM Glu to Host Analyst and Investor Day
May 20, 2013 08:30AM Polycom® RealPresence® Video Solutions are Mission Critical for Jaypee Group, Reducing Travel by 40 Percent and Doubling Productivity
May 20, 2013 08:30AM Ecolab Event Raises More Than $130,000 for the National Restaurant Association Educational Foundation
May 20, 2013 08:30AM OvaScience Co-Founder Recognized in Boston Globe 100’s “The Innovators” Feature
May 20, 2013 08:30AM Gabelli Equity Income Fund Increases Its Monthly Distribution to $0.10 Per Share
May 20, 2013 08:30AM Green Energy Management Completes Successful Installation of Energy Efficient Lighting at Co-Op City
May 20, 2013 08:30AM First Potomac Realty Trust to Sell Industrial Portfolio for $259 Million
May 20, 2013 08:30AM ITT Exelis awarded follow-on U.S. Army contract option for production of enhanced night vision goggles
May 20, 2013 08:30AM SimpliVity Wins Gold for Best Data Center Solution in 8th Annual Network Products Guide Awards
May 20, 2013 08:30AM ORBCOMM Launches Diverse Portfolio of M2M Devices Targeted for Transportation Market
May 20, 2013 08:30AM Dealertrack Technologies to Present at Upcoming Investor Conferences in New York
May 20, 2013 08:30AM Silver Spring Networks Wins 2012 Product of the Year Award
May 20, 2013 08:30AM Coeur to Present at Barclays High Yield Conference in Chicago
May 20, 2013 08:30AM eMagin Enters Electronic Viewfinder Market with Ultra Compact, High-Resolution Color Microdisplay
View Older Stories