MARLBORO, Mass., Feb. 18 /PRNewswire-FirstCall/ -- Evergreen Solar, Inc.
(Nasdaq: ESLR), a developer, marketer, and manufacturer of photovoltaic (solar
power) products for the worldwide market, today announced that the Company is
scheduled to release fourth quarter financial results for the period ended
December 31, 2003, before market Eastern Time on Wednesday, March 3, 2004. An
accompanying conference call will be held on the same day at 10:00 a.m. ET.
A live Webcast of the conference call will be available online at
http://www.evergreensolar.com. Web participants are encouraged to go to the Web site
at least 15 minutes prior to the start of the call to register, download, and
install any necessary audio software. Listening to the Webcast requires
speakers and RealPlayer(TM) software, downloadable free at http://www.real.com.
Those without Web access should access the call telephonically at least ten
minutes prior to the conference call. The dial-in numbers are (877) 234-1973
for domestic callers, and (973) 582-2732 for international. The reservation
number for both is 4513807.
After the live Webcast, the call will remain available on Evergreen
Solar's Web site, http://www.evergreensolar.com, through April 3, 2004. In addition,
a telephonic replay of the call will be available from March 3, 2004 - March
17, 2004. The replay dial-in numbers are (877) 519-4471 for domestic callers
and (973) 341-3080 for international callers. Please use reservation code
4513807.
During the call, management will provide an overview of the fourth quarter
financial performance, business highlights, and future expectations.
The information in this press release is subject to change.
About Evergreen Solar, Inc.
Evergreen Solar, Inc. (http://www.evergreensolar.com) develops, manufactures, and
markets solar power products utilizing the Company's patented solar power
technologies. The products provide reliable and environmentally clean
electric power in global markets. Solar power applications include wireless
power for remote homes, water pumping, lighting, and rural electrification, as
well as complete power systems for electric utility customers choosing to
generate their own environmentally benign power.
Evergreen Solar(R) is a registered trademark of Evergreen Solar, Inc.
This press release contains forward-looking statements made pursuant to
the safe harbor provisions of Section 21E of the Securities Exchange Act of
1934. The Company cautions you that any statements contained in this press
release, which are not strictly historical statements, constitute forward-
looking statements. Such statements include, but are not limited to,
statements reflecting management's expectations regarding the timing, cost,
and success of the Company's current and future manufacturing scale-up and
production; future financial performance; the Company's technology and product
development, cost, and performance; the Company's current and future strategic
relationships and future market opportunities; and the Company's other
business and technology strategies and objectives. These statements may be
identified with such words as "we expect," "we believe," "we anticipate," or
similar indications of future expectations. These statements are neither
promises nor guarantees, and involve risks and uncertainties that could cause
actual results to differ materially from such forward-looking statements.
Such risks and uncertainties include, among other things, the following
factors: the Company's business and results of operations could be materially
impaired as a result of poor manufacturing or product performance or higher
costs attributable to the expansion or operation of manufacturing facilities;
the Company may not be able to successfully deploy its R&D results at
commercial scale or at acceptable costs; the market for solar power products
is emerging and rapidly developing, and market demand for solar power products
such as the Company's products is uncertain; the Company has limited
experience manufacturing large volumes of solar power products on a commercial
basis at acceptable costs, which it will need to do in order to be successful;
the Company faces intense competition from other companies producing solar
power and other distributed energy generation products; the Company sells via
a small number of reseller partners, and the Company's relationships with
current or prospective marketing or strategic partners may be affected by
adverse developments in the Company's business, the partner's business,
competitive factors, solar power market conditions, or financial market
conditions; and the market for products such as the Company's solar power
products is heavily influenced by federal, state, local, and foreign
government regulations and policies, as well as the availability and size of
government subsidies and economic incentives, over which the Company has
little control. In addition to the foregoing factors, the other economic,
competitive, governmental, technological, and other risk factors identified in
the Company's filings with the Securities and Exchange Commission - including
the Company's Annual Report on Form 10-K for the fiscal year ended December
31, 2002, filed on March 27, 2003, and Quarterly Report on Form 10-Q for the
quarter ended September 30, 2003, filed on November 12, 2003 (a copy of which
may be obtained at the SEC's web site at: http://www.sec.gov) - could impact
the forward-looking statements contained in this press release. Readers
should not place undue reliance on any such forward-looking statements, which
speak only as of the date they are made. The Company disclaims any obligation
to publicly update or revise any such statements to reflect any change in
Company expectations, or in events, conditions, or circumstances on which any
such statements may be based, or that may affect the likelihood that actual
results will differ from those set forth in the forward-looking statements.
Contacts: Investors/Media:
Richard G. Chleboski Stephanie Carrington
Chief Financial Officer The Ruth Group
Evergreen Solar, Inc. 646-536-7017
508-357-2221 x708 scarrington@theruthgroup.com
investors@evergreensolar.com
SOURCE Evergreen Solar, Inc.
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Related links:
http://www.evergreensolar.com
CONTACT:
Richard G. Chleboski, Chief Financial Officer
of Evergreen Solar, Inc., +1-508-357-2221, ext. 708,
investors@evergreensolar.com; or Investors/Media - Stephanie
Carrington of The Ruth Group, +1-646-536-7017,
scarrington@theruthgroup.com, for Evergreen Solar, Inc.
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