Company Website:
http://www.charlesandcolvard.com
MORRISVILLE, N.C. -- (Business Wire)
Charles
& Colvard, Ltd. (NASDAQ Global Select Market: CTHR), the sole
manufacturer of created moissanite gemstones, The Most Brilliant
Jewel in the World®, today announced it will host
an investor conference call to discuss its financial results for the
third quarter and first nine months of 2012 at 11:15 a.m. EDT on
Thursday, October 25, 2012. The Company will release its financial
results earlier the same day.
Investor Conference Call
Shareholders and other interested parties may participate in the
upcoming investor conference call by dialing 877-317-6789
(international/local participants dial 412-317-6789) and asking to be
connected to the “Charles & Colvard, Ltd. Conference Call” a few minutes
before 11:15 a.m. EDT on Thursday, October 25, 2012.The call
will also be broadcast live on the Internet at www.visualwebcaster.com/event.asp?id=89847.
A replay of the conference call will be available one hour after the
call until 9:00 a.m. EDT on Friday, November 2, 2012 by dialing
877-344-7529 (U.S.) or 412-317-0088 (international) and entering the
conference ID number 10018810.
The conference call will also be archived for review on the Internet at www.visualwebcaster.com/event.asp?id=89847
and on the Company’s website at www.charlesandcolvard.com
until Friday, November 2, 2012.
About Charles & Colvard, Ltd.
Charles & Colvard, Ltd., based in the Research Triangle Park area of
North Carolina, is the global sole source of moissanite, a unique,
near-colorless created gemstone that is distinct from other gemstones
and jewels based on its exceptional fire, brilliance, luster,
durability, and rarity. Charles & Colvard Created Moissanite®
is currently incorporated into fine jewelry sold through domestic and
international retailers and other sales channels. Charles & Colvard,
Ltd. is headquartered in Morrisville, North Carolina, and its common
stock is listed on the NASDAQ Global Select Market under the symbol
“CTHR.” For more information, please visit www.charlesandcolvard.com.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Statements expressing expectations regarding our future and projections
relating to products, sales, revenues, and earnings are typical of such
statements and are made under the Private Securities Litigation Reform
Act of 1995. These forward-looking statements include, but are not
limited to, statements about our plans, objectives, representations, and
contentions and are not historical facts and typically are identified by
use of terms such as “may,” “will,” “should,” “could,” “expect,” “plan,”
“anticipate,” “believe,” “estimate,” “predict,” “continue,” and similar
words, although some forward-looking statements are expressed
differently.
All forward-looking statements are subject to the risks and
uncertainties inherent in predicting the future. You should be aware
that although the forward-looking statements included herein represent
management’s current judgment and expectations, our actual results may
differ materially from those projected, stated, or implied in these
forward-looking statements as a result of many factors including, but
not limited to, our dependence on consumer acceptance and growth of
sales of our products resulting from our strategic initiatives;
dependence on a limited number of customers; our current wholesale
customers’ potential perception of us as a competitor in the finished
jewelry business; general economic and market conditions, including the
current economic environment; dependence on Cree, Inc. as the current
supplier of the raw material; intense competition in the worldwide
jewelry industry; the financial condition of our major customers; risks
of conducting business in foreign countries; the pricing of precious
metals, which is beyond our control; the potential impact of seasonality
on our business; our ability to protect our intellectual property; the
risk of a failure of our information technology infrastructure to
protect confidential information and prevent security breaches; and
possible adverse effects of governmental regulation and oversight, in
addition to the other risks and uncertainties described in our filings
with the Securities and Exchange Commission, or the SEC, including our
Annual Report on Form 10-K for the fiscal year ended December 31, 2011
and subsequent reports filed with the SEC. Forward-looking statements
speak only as of the date they are made. We undertake no obligation to
update or revise such statements to reflect new circumstances or
unanticipated events as they occur except as required by the federal
securities laws, and you are urged to review and consider disclosures
that we make in the reports that we file with the SEC that discuss other
factors relevant to our business.
Contacts:
Charles & Colvard, Ltd.
Timothy Krist, 919-468-0399,
ext. 295
Chief Financial Officer
tkrist@charlesandcolvard.com
or
Investor
Relations:
Taglich Brothers, Inc.
Christopher Schreiber,
800-383-8464
Investor Relations Counsel
cs@taglichbrothers.com
Source: Charles & Colvard, Ltd.