On August 17, 2011, before commencement of trading on the New York Stock
Exchange, Magnetek, Inc. ("Magnetek” or "the Company”) (NYSE: MAG) will
announce the results of its 2011 fourth quarter and fiscal year, which
ended on July 3, 2011. A conference call with Magnetek management will
follow at 11:00 a.m. Eastern Time.
The conference call will be webcast on the Investor Relations page of
Magnetek’s Web site at www.magnetek.com.
Management’s presentations will be supplemented by slides appearing on
the Company’s Web site. Listeners are encouraged to view these materials
in conjunction with the call. Replays of the call will be available on
the Web site for a limited period of time.
The webcast is also being distributed through the Thomson Reuters
StreetEvents Network. Individual investors can listen to the call at www.earnings.com,
Thomson Reuters’ individual investor portal. Institutional investors can
access the call at www.streetevents.com,
Thomson Reuters’ password-protected event management site.
About Magnetek, Inc.
Magnetek, Inc. provides digital power and motion control systems used in
overhead material handling, elevator, and energy delivery applications.
The Company is North America’s largest supplier of digital drive systems
for industrial cranes, hoists, and monorails. Magnetek provides Energy
Engineered® drives, radio remote controls, motors, and
braking and collision avoidance subsystems to North America’s foremost
overhead material handling crane builders. The Company is also the
world’s largest independent builder of highly integrated digital motion
control systems for high-rise, high-speed elevators.
In energy
delivery, Magnetek develops and markets digital power inverters that
connect renewable energy sources to the utility grid, and is a leading
independent supplier of digital motion control systems for underground
coal mining applications. Magnetek is headquartered in Menomonee Falls,
Wis., in the greater Milwaukee area and operates manufacturing
facilities in Pittsburgh, Pa., and Canonsburg, Pa., as well as Menomonee
Falls.
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including the timing of the Company’s announcement of 2011 fourth
quarter and fiscal year results.
These forward-looking statements
are based on the Company's expectations and are subject to risks and
uncertainties that cannot be predicted or quantified and are beyond the
Company's control. Future events and actual results could differ
materially from those set forth in, contemplated by, or underlying these
forward-looking statements. Other factors that could cause actual events
and results to differ materially from expectations are described in the
Company's reports filed with the Securities and Exchange Commission
pursuant to the Securities Exchange Act of 1934.
