Arabian American to Present at the 12th Annual B. Riley & Co. Investor Conference
-- Petrochemical Provider to Present on May 25, 2011 --
SUGAR LAND, Texas, May 13, 2011 /PRNewswire/ -- Arabian American Development Co. (Nasdaq: ARSD) today announced that Nick Carter, President and CEO of the Company, will be presenting at the 12th Annual B. Riley & Co. Investor Conference, which is being held May 23 – 25, 2011 at Loews Santa Monica Beach Hotel, 1700 Ocean Avenue, Santa Monica, Calif. The Company will be presenting on Wednesday, May 25 at 2 p.m. PDT in Arcadia D. Arabian American management will be available throughout the day for one-on-one meetings. To schedule a one-on-one meeting, please contact your B. Riley representative.
Arabian American's group presentation will be available for the public to access via the Investor Relations section of the Company's corporate website, www.arabianamericandev.com or at http://www.webcastregister.com/brileyco2011/briley-2011-annual-investor-conference-arsd-arabian-american-development-corp-p-8.html. This webcast will be archived for 90 days following the live presentation.
About the 12th Annual B. Riley & Co. Investor Conference
This prestigious two-day, invitation-only annual event brings together a targeted audience of leading institutional investors, financial services professionals and other qualified investors. The conference will feature presentations by over 140 companies in a broad range of sectors, including: technology, consumer, retail, and financial. One-on-one meetings with company management teams will be available for all client investors.
About Arabian American Development Company (ARSD)
ARSD owns and operates a petrochemical facility located in southeast Texas just north of Beaumont which specializes in high purity petrochemical solvents and other solvent type manufacturing. The Company is also the original developer and now a 41% investor in a Saudi Arabian joint stock company involving a mining project which is currently under construction in the Najran Province area of southwest Saudi Arabia. The mine is scheduled to be in production late in 2011 or early in 2012 and will produce economic quantities of zinc, copper, gold, and silver.
Statements in this release that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon management's belief as well as assumptions made by and information currently available to management. Because such statements are based upon expectations as to future economic performance and are not statements of fact, actual results may differ from those projected. These risks, as well as others, are discussed in greater detail in Arabian American's filings with the Securities and Exchange Commission, including Arabian American's Annual Report on Form 10-K for the year ended December 31, 2010, and the Company's subsequent Quarterly Reports on Form 10-Q.
Company Contact: Nick Carter, President and Chief Executive Officer (409) 385-8300 firstname.lastname@example.org Investor Contact: Cameron Donahue Hayden IR (651) 653-1854 Cameron@haydenir.com
SOURCE Arabian American Development Co.