NEW YORK, May 30 /PRNewswire-FirstCall/ -- Astrata Group, Inc., is hosting a conference call Thursday, May 31, 2007 to discuss the company's financial results reported for the fiscal year 2007, ended February 28, 2007.
Astrata CEO Martin Euler will also report on the company's progress under several previously announced contracts, including the $93 million contract.
The conference call will start at 10:00 a.m. EDT / 7:00 a.m. PDT and may be accessed by dialing 712-580-8020 and using the code number 5588809.
About Astrata Group, Inc.
Astrata Group, Inc., is a US publicly listed company headquartered in Houston. Astrata is focused on advanced location- based IT services and solutions (telematics) that combine GPS positioning, wireless communications (satellite or terrestrial) and geographical information technology, which together enable businesses and institutions to monitor, trace as well as control the movement and status of machinery, vehicles, personnel or other assets. Astrata has designed, developed, manufactured and currently supports seven generations of telematics systems with units deployed worldwide.
Astrata has offices throughout the world including the United States, Europe and Asia. For further information please visit www.astratagroup.com.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate, "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Astrata Group Incorporated (the "Company") to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to: (i) the Company's ability to obtain sufficient capital or a strategic business arrangement to fund its current operational or expansion plans; (ii) the Company's ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings.
PR/Media Relations Contact:
Richard Stern
Stern & Co.
richstern@sternco.com
Tel: 212-888-0044
Stephanie Stern
Stern & Co.
sstern@sternco.com
Tel: 212-888-0044
Financial Advisors:
Todd M. DeMatteo
DOMINICK AND DOMINICK LLC
Tel: 212-558-8809
tdematteo@dominickanddominick.com
Robert J. Onesti
DOMINICK AND DOMINICK LLC
Tel: 212-558-8810
ronesti@dominickanddominick.com