NEW YORK, Nov. 10, 2008 (GLOBE NEWSWIRE) -- MMC Energy, Inc. (Nasdaq:MMCE) today announced that it will host a Third Quarter 2008 earnings call that will be broadcast live on the Internet on Friday, November 14, 2008:
Title: MMC Energy Quarterly Earnings Call
Start Time: 11:00 am ET / 10:00 am CT / 9:00 am MT / 8:00 am PT
Length: 60 minutes
Phone #'s: 877-879-6201 (US/Canada) or
719-325-4833 (International)
Website: http://ir.mmcenergy.com/eventdetail.cfm?eventid=57808
The call will be available for replay on our website after 2:00 pm ET on November 14, 2008 until Midnight on November 21, 2008. In connection with the call, MMC expects to announce earnings for the quarter by Thursday, November 13, 2008. Please note that, while you may listen in to the entire call via the webcast, in order to ask questions you must dial by phone to the number provided above.
About MMC Energy, Inc.:
MMC, based in New York and San Diego, acquires and actively manages electricity generating and energy infrastructure-related assets in the United States. MMC is traded on the NASDAQ Global Market in the United States.
MMC's mission is to acquire, directly or through joint ventures, a portfolio of small to mid-size natural gas fueled electricity generating assets, generally below 250 megawatts or "MW."
MMC creates long-term value for its stockholders through disciplined asset acquisitions and hands-on post-acquisition asset management. MMC actively invests in electricity assets that provide essential services to key transmission-constrained markets such as California, where regulatory capacity requirements and a lack of local electricity supplies make peak electricity generation facilities valuable.
To date, MMC has acquired three electricity generating assets in California, totaling 110 MW of capacity. MMC is upgrading two of these assets, the 100 MW MMC Chula Vista Energy Upgrade Project and the 50 MW MMC Escondido Upgrade, both located in San Diego County, California, replacing the existing 44.5 MW facilities at each site.
Forward-Looking Statements:
This press release contains '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, including those statements regarding MMC's ability to expand existing generating facilities and exploit acquisition opportunities. Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements, including those risks described in MMC's Annual Report on Form 10-K, its most recent prospectus filed with the SEC on November 19, 2007 and in its other public filings. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. MMC undertakes no obligation to update these forward-looking statements.