SUN VALLEY, Calif., Jan. 7, 2010 (GLOBE NEWSWIRE) -- Emergent Group Inc. (NYSE Amex Equities:LZR), a leading provider of mobile medical lasers and surgical equipment, today announced that it will present from 9:00-9:30 a.m. ET, Tuesday, January 19, 2010 at "Global Investor Day 2010," a virtual investor conference sponsored by NYSE Euronext and multiple other financial and investing organizations.
During the pre-recorded presentation, Emergent Group Chairman and CEO Bruce J. Haber will discuss the company's successful growth strategy, record financial results, strong annual dividend, industry and market trends, and other topics.
Investors and other interested parties may access the presentation on January 19 by visiting http://www.globalinvestorday.com/, opening the "Healthcare & Pharmaceuticals" sector and following the registration instructions to attend the conference. Attendees will be able to ask questions via e-mail and these will be forwarded to the company for a later response. The Emergent Group presentation will be archived on the site for 30 days.
"Given our strategies for continued growth and our outstanding financial results through the third quarter of 2009," Haber said, "Emergent Group is pleased and proud to be part of the conference. We look forward to highlighting the elements that make our company a standout in our field and an attractive investment."
In November, Emergent Group announced record third quarter revenues and net income, including nine consecutive quarters of revenue growth. Last month, the company's Board of Directors declared a record annual dividend of $0.40 per share, payable January 13, 2010 to shareholders of record December 23, 2009. Since 2005, the Board has declared cumulative cash dividends of $1.30 per share.
About Emergent Group Inc.
Emergent Group Inc., through its wholly owned subsidiary, PRI Medical Technologies, Inc. ("PRI Medical"), provides mobile medical laser and surgical equipment in 16 states on a per-procedure basis to hospitals, outpatient surgery centers and physicians' offices. Surgical equipment is provided to customers along with technical support personnel to ensure that such equipment is operating correctly. PRI Medical currently offers its services in five states in the western United States and 11 states along the eastern seaboard. Emergent Group, Inc. is a member of the Russell Microcap(R) Index. For investor and product information, visit Emergent Group's website, www.emergentgroupinc.com.
Forward-Looking Statements
Statements in this news release may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934. Such statements may involve various risks and uncertainties, some of which may be discussed in the Company's most recent report on Form 10-K and subsequently filed SEC reports. There is no assurance any forward-looking statements will prove accurate, as actual results and future events could differ materially from those presently anticipated.