RURAL/METRO CP
			Symbol			RURL

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Rural/Metro Releases Preliminary FY 2010 First-Quarter Results in Conjunction With Commencement of Refinancing Transaction

2009-10-26 07:00 ET - News Release

SCOTTSDALE, AZ -- (MARKET WIRE) -- 10/26/09

Rural/Metro Corporation (NASDAQ: RURL), a leading provider of ambulance and private fire protection services, announced preliminary, unaudited results today for its fiscal 2010 first quarter.

As previously announced, the Company has commenced a refinancing of its credit facility, a tender offer and consent solicitation for its 12.75% Senior Discount Notes due 2016 and a consent solicitation for its 9.875% Senior Subordinated Notes due 2015.

In connection with the pending refinancing transaction, the Company released certain expected results for its quarter ended September 30, 2009 as follows:

--  Net revenue for the quarter of $132.0 million, a 6.8% increase over
    the same quarter in the prior year;
--  Income from continuing operations for the first quarter of $3.5
    million
--  Earnings Before Interest, Taxes, Depreciation and Amortization
    (EBITDA) from continuing operations for the first quarter of $17.8 million;
--  Cash position at quarter end of $42.0 million; and,
--  Days Sales Outstanding (DSO), a key metric used to measure billing and
    collections efficiency, declined three days to 49 days at the close of the
    quarter.
    

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