SOURCE: Pennichuck Corporation

Pennichuck Corporation

March 02, 2009 15:33 ET

Pennichuck Corporation Schedules Investor Conference Call to Discuss Fourth Quarter and Full Year 2008 Results

MERRIMACK, NH--(Marketwire - March 2, 2009) - On Thursday, March 12, 2009 at 10:00 AM Eastern Daylight Time, Pennichuck Corporation (NASDAQ: PNNW) will host a conference call to discuss its financial results for the fourth quarter and full year ended December 31, 2008 and certain other matters. Pennichuck intends to release these financial results after the markets close on Wednesday, March 11, 2009.

The toll free dial-in number is 877-718-5104 (confirmation code 3141921). Interested parties can also listen to the call over the Internet by logging on to http://www.pennichuck.com/investor/webcasts.php. The Internet audio will be accessible for at least 14 days after the call.

Pennichuck Corporation is a holding company involved principally in the supply and distribution of potable water in New Hampshire through its three regulated water utilities. Its non-regulated, water-related activities include operations and maintenance contracts with municipalities and private entities in New Hampshire and Massachusetts. The Company's real estate operations are involved in the ownership, management and commercialization of real estate in southern New Hampshire.

Pennichuck Corporation's common stock trades on the Nasdaq Global Market under the symbol "PNNW." The Company's website is at www.pennichuck.com.

This news release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of Pennichuck Corporation. Forward-looking statements are based on current information and expectations available to management at the time the statements are made, and are subject to various factors, risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, the timing and results of possible eminent domain settlement discussions with the City of Nashua, New Hampshire; the timing and results of a rehearing before the New Hampshire Public Utilities Commission regarding its eminent domain order (the "Eminent Domain Order") in favor of Nashua; the timing and results of a possible appeal to the New Hampshire Supreme Court regarding the Eminent Domain Order; the impact of an eminent domain taking by Nashua on business operations and net assets; legislation and/or regulation and accounting factors affecting Pennichuck Corporation's financial condition and results of operations; the availability and cost of capital, including the impact on our borrowing costs of changes in interest rates; and, the impact of weather. Investors are encouraged to access Pennichuck Corporation's annual and quarterly periodic reports filed with the Securities and Exchange Commission for financial and business information regarding Pennichuck Corporation, including a more detailed discussion of these and other risks and uncertainties that could affect Pennichuck Corporation's forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statement.

Contact Information

  • For More Information, Contact:
    Thomas C. Leonard
    Senior Vice President and Chief Financial Officer
    Phone: 603-913-2300
    Fax: 603-913-2305