CARLYSS, La., March 3 /PRNewswire-FirstCall/ --
Global Industries, Ltd. (Nasdaq: GLBL) announced today that it will
participate in the Raymond James & Associates 24th Annual Institutional
Investors Conference March 2-5, 2003. The Conference is being held at the
Hyatt Grand Cypress in Orlando, Florida. Global Industries' Chief Operating
Officer Mike Pearson will make a presentation on Tuesday, March 4, 2003 at
2:40 p.m. which will be available live on the Raymond James website at
http://customer.nvglb.com/RaymondJames/Institutional/ . Please register by
visiting this website at least fifteen minutes prior to the presentation. A
copy of the presentation will be posted on the Global Industries website
following the event.
Global Industries provides pipeline construction, platform installation
and removal, diving services, and other marine support to the oil and gas
industry in the Gulf of Mexico, West Africa, Asia Pacific, Middle East/India,
South America, and Mexico's Bay of Campeche. The Company's shares are traded
on the Nasdaq National Market System under the symbol "GLBL".
This press release may contain forward-looking information based on
current information and expectations of the Company that involve a number of
risks, uncertainties, and assumptions. Among the factors that could cause the
actual results to differ materially are industry conditions, prices of crude
oil and natural gas, the Company's ability to obtain and the timing of new
projects, and changes in competitive factors. Should one or more of these
risks or uncertainties materialize, or should the underlying assumptions prove
incorrect, actual outcomes could vary materially from those indicated.
For more information, contact Investor Relations, Global Industries, Ltd.,
5151 San Felipe, Suite 900, Houston, Texas 77056. Tel. (713) 479-7979 or
http://www.globalind.com .
For additional news releases on Global Industries, Ltd., please visit
Global's web site at http://www.globalind.com .
SOURCE Global Industries, Ltd.
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Related links: http://customer.nvglb.com/RaymondJames/Institutional http://www.globalind.com
CONTACT: William J. Dore Jr. of Global Industries, Ltd., +1-713-479-7979
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