Contact Information: Email: management@dryships.com Investor Relations / Media: Nicolas Bornozis Capital Link, Inc., New York Tel. 212-661-7566 E-mail: nbornozis@capitallink.com
DryShips Inc., Announces Date for the Release of Second Quarter and Six Months 2007 Results, Conference Call and Webcast
Earnings Release: Tuesday, August 21, 2007, After 4:00 p.m. EDT; Conference Call and Webcast: Wednesday, August 22, 2007, at 10:00 a.m. EDT
| Source: DryShips Inc.
ATHENS, GREECE--(Marketwire - August 14, 2007) - DryShips Inc., (NASDAQ : DRYS ) announced
today that it will release its results for the second quarter and six
months ended June 30, 2007, after the market closes in New York on Tuesday
August 21, 2007.
DryShips' management team will host a conference call on Wednesday, August
22, 2007, at 10:00 a.m., Eastern Daylight Saving Time (EDT) to discuss the
Company's financial results.
Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time
using the following numbers: 1(866) 819-7111 (from the US), 0(800) 953-0329
(from the UK) or +(44) (0) 1452 542 301 (from outside the US). Please quote
"DryShips."
In case of any problem with the above numbers, please dial 1(866) 223-0615
(from the US), 0(800) 694-1503 (from the UK) or +(44) (0) 1452 586-513
(from outside the US). Quote "DryShips."
A replay of the conference call will be available until August 29th, 2007.
The United States replay number is 1(866) 247-4222; from the UK 0(800)
953-1533; the standard international replay number (+44) (0) 1452 55 00 00
and the access code required for the replay is: 2133051#.
Slides and audio webcast:
There will also be a simultaneous live webcast over the Internet, through
the DryShips, Inc. website (www.dryships.com). Participants to the live
webcast should register on the website approximately 10 minutes prior to
the start of the webcast.
About DryShips
DryShips Inc. is an international provider of drybulk cargo marine
transportation services. Headquartered in Athens, Greece, DryShips
currently owns and operates a fleet of 35 drybulk carriers comprising 5
Capesize, 27 Panamax, 1 Handymax and 2 newbuilding Panamax vessels, with a
combined deadweight tonnage of approximately 3 million tons.
DryShips Inc.'s common stock is listed on NASDAQ Global Market where it
trades under the symbol "DRYS."
Visit our website at www.dryships.com
Forward-Looking Statement
Matters discussed in this release may constitute forward-looking
statements. Forward-looking statements reflect our current views with
respect to future events and financial performance and may include
statements concerning plans, objectives, goals, strategies, future events
or performance, and underlying assumptions and other statements, which are
other than statements of historical facts.
The forward-looking statements in this release are based upon various
assumptions, many of which are based, in turn, upon further assumptions,
including without limitation, management's examination of historical
operating trends, data contained in our records and other data available
from third parties. Although DryShips Inc. believes that these assumptions
were reasonable when made, because these assumptions are inherently subject
to significant uncertainties and contingencies which are difficult or
impossible to predict and are beyond our control, DryShips Inc. cannot
assure you that it will achieve or accomplish these expectations, beliefs
or projections.
Important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements include
the strength of world economies and currencies, general market conditions,
including changes in charter hire rates and vessel values, changes in
demand that may affect attitudes of time charterers to scheduled and
unscheduled dry-docking, changes in DryShips Inc.'s operating expenses,
including bunker prices, dry-docking and insurance costs, or actions taken
by regulatory authorities, potential liability from pending or future
litigation, domestic and international political conditions, potential
disruption of shipping routes due to accidents and political events or acts
by terrorists.
Risks and uncertainties are further described in reports filed by DryShips
Inc., with the U.S. Securities and Exchange Commission.
Visit our website at www.dryships.com