Ct Healthmarket via BizWire
07-16-2003, 02:01 PM
LAWRENCEVILLE, N.J.--(BUSINESS WIRE)--July 16, 2003--The MIIX
Group, Inc. (OTC:MIIX) announced it will release its second quarter
2003 results on Wednesday, July 30, 2003 after the market closes. The
press release can be found at our website at www.miix.com, investor
information, investor news. A conference call open to all interested
participants will take place on Friday, August 1, 2003 at 8:30a.m.
EST. The call will be hosted by Patricia A. Costante, Chairman and
Chief Executive Officer, and will include an overview of second
quarter results provided by Allen G. Sugerman, Interim Chief Financial
Officer.
The teleconference dial in number is 800-406-5356. The public is
invited to participate in a listen-only mode. A replay of the call
will be available from August 1, 2003 at 11:30a.m. until August 8,
2003 at 11:59p.m. The replay of the call can be accessed by dialing,
888-203-1112 access code 787843.
Forward Looking Statement
This news release contains forward-looking statements that are
based on the Company's estimates and expectations concerning future
events and anticipated results and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those reflected in the forward-looking statements. These
forward-looking statements are subject to uncertainties and other
factors that could cause actual results to differ materially from such
statements. In particular, the implementation of the Company's
business plan is subject to completion of financial analyses and other
contingencies. These uncertainties and other factors are detailed from
time to time in the Company's filings with the appropriate securities
commissions, and include, without limitation, the Company having
sufficient liquidity and working capital, the Company's ability to
manage the run-off of its insurance business, the Company's ability to
settle claims effectively, the Company's ability to manage its
investment portfolio, the Company's ability to service MIIX Advantage
under the management contract and other arrangements, the Company's
ability to sell additional management and consulting services to
additional providers of medical malpractice insurance, the Company's
ability to avoid mandatory control by the regulators in states where
it does business, the continued adequacy of the Company's loss and
loss adjustment expense reserves, the Company's avoidance of any
material loss on collection of reinsurance recoverables, general
economic conditions, including changing interest rates, rates of
inflation and the performance of the financial markets, judicial
decisions and rulings, changes in domestic and foreign laws,
regulations and taxes, effects of acquisitions and divestitures, and
various other factors. The words "believe," "expect," "anticipate,"
"project," and similar expressions identify forward-looking
statements. The Company's expectations regarding future earnings,
growth initiatives, underwriting, cost controls, adequacy of loss and
loss adjustment expense reserves, and enhancing shareholder value
depend on a variety of factors, including economic, competitive and
market conditions which may be beyond the Company's control and are
thus difficult or impossible to predict. In light of the significant
uncertainties inherent in the forward-looking information herein, the
inclusion of such information should not be regarded as representation
by the company or any other person that the Company's objectives or
plans will be realized. Readers are cautioned not to place undue
reliance in these forward-looking statements which speak only as of
their dates. The Company undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
Group, Inc. (OTC:MIIX) announced it will release its second quarter
2003 results on Wednesday, July 30, 2003 after the market closes. The
press release can be found at our website at www.miix.com, investor
information, investor news. A conference call open to all interested
participants will take place on Friday, August 1, 2003 at 8:30a.m.
EST. The call will be hosted by Patricia A. Costante, Chairman and
Chief Executive Officer, and will include an overview of second
quarter results provided by Allen G. Sugerman, Interim Chief Financial
Officer.
The teleconference dial in number is 800-406-5356. The public is
invited to participate in a listen-only mode. A replay of the call
will be available from August 1, 2003 at 11:30a.m. until August 8,
2003 at 11:59p.m. The replay of the call can be accessed by dialing,
888-203-1112 access code 787843.
Forward Looking Statement
This news release contains forward-looking statements that are
based on the Company's estimates and expectations concerning future
events and anticipated results and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those reflected in the forward-looking statements. These
forward-looking statements are subject to uncertainties and other
factors that could cause actual results to differ materially from such
statements. In particular, the implementation of the Company's
business plan is subject to completion of financial analyses and other
contingencies. These uncertainties and other factors are detailed from
time to time in the Company's filings with the appropriate securities
commissions, and include, without limitation, the Company having
sufficient liquidity and working capital, the Company's ability to
manage the run-off of its insurance business, the Company's ability to
settle claims effectively, the Company's ability to manage its
investment portfolio, the Company's ability to service MIIX Advantage
under the management contract and other arrangements, the Company's
ability to sell additional management and consulting services to
additional providers of medical malpractice insurance, the Company's
ability to avoid mandatory control by the regulators in states where
it does business, the continued adequacy of the Company's loss and
loss adjustment expense reserves, the Company's avoidance of any
material loss on collection of reinsurance recoverables, general
economic conditions, including changing interest rates, rates of
inflation and the performance of the financial markets, judicial
decisions and rulings, changes in domestic and foreign laws,
regulations and taxes, effects of acquisitions and divestitures, and
various other factors. The words "believe," "expect," "anticipate,"
"project," and similar expressions identify forward-looking
statements. The Company's expectations regarding future earnings,
growth initiatives, underwriting, cost controls, adequacy of loss and
loss adjustment expense reserves, and enhancing shareholder value
depend on a variety of factors, including economic, competitive and
market conditions which may be beyond the Company's control and are
thus difficult or impossible to predict. In light of the significant
uncertainties inherent in the forward-looking information herein, the
inclusion of such information should not be regarded as representation
by the company or any other person that the Company's objectives or
plans will be realized. Readers are cautioned not to place undue
reliance in these forward-looking statements which speak only as of
their dates. The Company undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
