Attached files
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| 8-K - PEOPLES EDUCATIONAL HOLDINGS | v205043_8k.htm |
EXHIBIT
99.1 – Press release
For
Immediate Release
Peoples
Educational Holdings, Inc. to Report Second Quarter Fiscal 2011 Results
on
January 7, 2011
(Saddle
Brook, NJ) — December 9, 2010 — Peoples Educational Holdings, Inc. (NASDAQ:
PEDH) will announce its financial results for the second quarter ended November
30, 2010 on Friday, January 7, 2011 before the market opens. The
Company will hold a conference call the same day at 11:00am Eastern Time to
discuss its results. Participating in the call will be Brian
Beckwith, President and Chief Executive Officer, and Michael DeMarco, Executive
Vice President and Chief Financial Officer.
Conference
Call and Webcast Details:
Live
Conference Call
Friday,
January 7, 2011 at 11:00am Eastern Time
US: 800-638-4930
International: 617-614-3944
Participant
Passcode: 69862178
Live
Audio Webcast:
http://phx.corporate-ir.net/playerlink.zhtml?c=184416&s=wm&e=3583966
Webcast Replay
(available approximately two hours after conference call ends through
January
6, 2012) http://phx.corporate-ir.net/playerlink.zhtml?c=184416&s=wm&e=3583966
Dial-in Audio Replay
(available approximately two hours after conference call ends through
January 14, 2011)
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Dial
In:
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888-286-8010
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International:
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617-801-6888
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Passcode:
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15587216
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About
Peoples Educational Holdings, Inc.
Peoples
Educational Holdings, Inc. is a publisher and marketer of print and digital
educational materials for the K-12 school market. We focus our efforts in three
market areas:
Test Preparation,
Assessment, and Instruction
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Test
Preparation and Assessment: We create and sell state-customized, print and
digital, test preparation and assessment materials that help teachers
prepare students for success in school and for required state proficiency
tests, grades 1-12.
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Instruction:
We produce and sell proprietary state-customized print worktexts and print
and web-based delivered assessments for grades 1-8. These
products provide students with in-depth instruction and practice in
reading, language arts, and mathematics. In addition, our
backlist remedial and multicultural products are included in this
group.
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Literacy
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We
distribute for three publishers, on an exclusive basis in the United
States, supplemental literacy materials for grades K-8. These
materials include an extensive selection of leveled reading materials,
high interest engaging resources for striving readers, series that
integrate reading, science and social studies, and selections and
strategies for students who are in the process of learning
English.
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College
Preparation
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We
distribute and publish instructional materials that meet the required
academic standards for high schools honors, college preparation, and
Advanced Placement courses. We are the exclusive high school distributor
for two major college publishers. We also publish our own
proprietary college preparation supplements and ancillary
materials.
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This
press release contains forward-looking statements regarding the Company and its
markets as defined in section 21E of the Securities Exchange Act of 1934. These
forward-looking statements involve a number of risks and uncertainties,
including (1) demand from major customers, (2) effects of competition, (3)
changes in product or customer mix or revenues and in the level of operating
expenses, (4) rapidly changing technologies and the Company's ability to respond
thereto, (5) the impact of competitive products and pricing, (6) local and state
levels of educational spending, (7) ability to retain qualified personnel, (8)
ability to retain its distribution agreements in the College Preparation and
Literacy markets, (9) the sufficiency of the Company’s copyright protection, and
(10) ability to continue to rely on the services of a third party warehouse, and
other factors as discussed in the Company’s filings with the SEC. The actual
results that the Company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties. The Company undertakes no
obligation to revise any forward-looking statements in order to reflect events
or circumstances that may arise after the date of this report. Readers are urged
to carefully review and consider the various disclosures made by the Company in
this press release and the reports the Company files with the Securities and
Exchange Commission that attempt to advise interested parties of the risks and
factors that may affect the Company's business and results of
operations.
Peoples
Education, Inc., Saddle Brook, NJ
Investor
Contact: James Kautz
Phone:
888-654-5318
Press
Contact: Victoria Kiely
Phone:
201-712-0090
investorrelations@peoplesed.com