ATLANTA, March 13, 2008 (PRIME NEWSWIRE) -- Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced today that it will reschedule the release of its fourth quarter 2007 earnings and the related conference call previously scheduled for later today in order to provide additional time for the company to finish closing its financial records for the fourth quarter of 2007 and for the company's independent auditors to complete the audit of the company's financial statements for the year ended December 31, 2007. The company will now hold its conference call on March 27, 2008, at 5:00 p.m. Eastern Time. The call-in numbers and codes have not changed.
Investors are invited to participate by calling 888.428.4480 (Domestic) or 1.651.291.5254 (International) at the scheduled time and using the access code 912326. Investors may also listen to a live webcast of the call which can be accessed through the investor section of the Verso website, www.verso.com. To listen to the call via the web, please go to the Verso website at least 15 minutes early to download and install any necessary audio software. For those who are unable to listen to the live broadcast, the webcast will be archived on the investor section of Verso's website for 15 days. A telephonic replay of the call will be available from 7:30 p.m. ET on March 27, 2008, through 11:59 p.m. on April 10, 2008, at 800.475.6701 for domestic callers and 320.365.3844 for international callers; the access code is 912326.
About Verso Technologies
Verso is a global provider of next generation network solutions offering a core-to-edge product portfolio primarily for telecommunications service providers. The company's products enable its customers to secure and optimize network bandwidth, generate additional revenue and reduce costs. Verso's applications and services are cost effective, deploy quickly and provide a superior return on investment. For more information, contact Verso at www.verso.com or call 678.589.3500.
Forward Looking Statements
Certain statements contained in this release that are not statements of historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words -- "believe," "expect," "anticipate," "intend," "will," and similar expressions are examples of words that identify forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future financial position, timing of future orders, business strategy and expected cost savings. These forward-looking statements are based on our current beliefs, as well as assumptions we have made based upon information currently available to us. These forward-looking statements may be affected by the risks and uncertainties in our business and are qualified in their entirety by the cautionary statements and risk factor disclosure contained in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2006 and our quarterly reports on Form 10-Q filed subsequent thereto. We do not assume, and expressly disclaim, any obligation to update these forward-looking statements.