Contact Information: Investor Relations / Media: Nicolas Bornozis Capital Link, Inc. (New York) Tel. 212-661-7566 E-mail: dryships@capitallink.com
DryShips Inc. Announces Third Quarter and Nine Months 2009 Results Release Date, Conference Call and Webcast
Earnings Release: Monday, October 26, 2009, After Market Closes; Conference Call and Webcast: Tuesday, October 27, 2009, at 8:30 a.m. EDT
| Source: DryShips Inc.
ATHENS, GREECE--(Marketwire - October 16, 2009) - DryShips Inc. (NASDAQ : DRYS ), a global
provider of marine transportation services for drybulk cargoes and
off-shore contract drilling oil services, announced today that it will
release its results for the third quarter and nine months ended September
30, 2009 after the market closes in New York on Monday, October 26, 2009.
DryShips' management team will host a conference call the following day on
Tuesday, October 27, 2009, at 8:30 a.m. Eastern Daylight Time to discuss
the Company's financial results.
Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time
using the following numbers: 1(866) 819-7111 (from the US), 0(800) 953-0329
(from the UK) or +(44) (0) 1452 542 301 (from outside the US). Please quote
"DryShips."
A replay of the conference call will be available until October 29, 2009.
The United States replay number is 1(866) 247-4222; from the UK 0(800)
953-1533; the standard international replay number is (+44) (0) 1452 550
000 and the access code required for the replay is: 2133051#
Slides and audio webcast:
There will also be a simultaneous live webcast over the Internet, through
the DryShips Inc. website (www.dryships.com). Participants to the live
webcast should register on the website approximately 10 minutes prior to
the start of the webcast.
About DryShips Inc.
DryShips Inc., based in Greece, is an owner and operator of drybulk
carriers and offshore oil deep water drilling that operate worldwide. As of
the day of this release, DryShips owns a fleet of 41 drybulk carriers
comprising 7 Capesize, 30 Panamax, 2 Supramax and 2 newbuilding Drybulk
vessels with a combined deadweight tonnage of over 3.7 million tons, 2
ultra deep water semisubmersible drilling rigs and 4 ultra deep water
newbuilding drillships.
DryShips Inc.'s common stock is listed on the NASDAQ Global Market where
trades under the symbol "DRYS."
Visit our website at www.dryships.com
Forward-Looking Statements
Matters discussed in this release may constitute forward-looking
statements. Forward-looking statements reflect our current views with
respect to future events and financial performance and may include
statements concerning plans, objectives, goals, strategies, future events
or performance, and underlying assumptions and other statements, which are
other than statements of historical facts. The forward-looking statements
in this release are based upon various assumptions, many of which are
based, in turn, upon further assumptions, including without limitation,
management's examination of historical operating trends, data contained in
our records and other data available from third parties. Although DryShips
Inc. believes that these assumptions were reasonable when made, because
these assumptions are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are beyond
our control, DryShips Inc. cannot assure you that it will achieve or
accomplish these expectations, beliefs or projections. Important factors
that, in our view, could cause actual results to differ materially from
those discussed in the forward-looking statements include the strength of
world economies and currencies, general market conditions, including
changes in charterhire rates and vessel values, changes in demand that may
affect attitudes of time charterers to scheduled and unscheduled
drydocking, changes in DryShips Inc.'s operating expenses, including bunker
prices, drydocking and insurance costs, or actions taken by regulatory
authorities, potential liability from pending or future litigation,
domestic and international political conditions, potential disruption of
shipping routes due to accidents and political events or acts by
terrorists. Risks and uncertainties are further described in reports filed
by DryShips Inc. with the US Securities and Exchange Commission.