Aftermarket Technology Corp. to Present at Barclay's Conference
4 December 2000
Aftermarket Technology Corp. to Present at Barclay's ConferenceWESTMONT, Ill., Dec. 4 Aftermarket Technology Corp. , today announced that its Chief Financial Officer, Barry Kohn, will participate as a presenter at Barclay's Third Annual New York Global High Yield Debt Research Conference on Wednesday, December 6, 2000. Mr. Kohn will reconfirm 2000 earnings per share of $1.25 for continuing operations and full year revenue from continuing operations of $340 million. Drive train remanufacturing is expected to contribute 74% of the Company's 2000 revenue and value added logistics services is expected to contribute 26%. The Company also announced that during mid-December it will host a conference call for investors to discuss plans and earnings guidance for 2001. Details to follow. ATC is headquartered in Westmont, Illinois. The Company's continuing operations include drive train remanufacturing, value added logistics and reverse logistics services. ATC also remanufactures electronic control modules, instrument and display clusters and radios. ATC posted 1999 revenues from continuing operations of $328 million. The preceding paragraphs contain statements that are not related to historical results and are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those that are predictive or express expectations, that depend upon or refer to future events or conditions, or that concern future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, or possible future Company actions. Forward-looking statements involve risks and uncertainties because such statements are based on current expectations, projections and assumptions regarding future events that may not prove to be accurate. Actual results may differ materially from those projected or implied in the forward-looking statements. The factors that could cause actual results to differ are discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 1999 and other filings made by the Company with the Securities and Exchange Commission.