Contact Information: Investor Relations / Media: Nicolas Bornozis Capital Link, Inc. (New York) Tel. 212-661-7566 E-mail: nbornozis@capitallink.com
DryShips - Presentation Material to Be Used at Today's Conference Call on Third Quarter and Nine Months 2007 Results
| Source: DryShips Inc.
ATHENS, GREECE--(Marketwire - November 7, 2007) - DryShips (NASDAQ : DRYS ) management team will
host a conference call today, Wednesday, November 7, 2007, at 10 a.m.
Eastern Time to discuss the Company's financial results for the third
quarter and nine months ended September 30, 2007, which were released
yesterday after the close of the market in New York.
The material to be used at this conference call and webcast can be accessed
on the company's website at www.dryships.com, at the Investor Relations
section under "Presentations," or by clicking on the link below or copying
and pasting this link in your computer's browser:
http://www.irwebpage.com/dryships/files/3q07_Presentation.pdf
Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time
using the following numbers: 1(866) 819- 7111 (from the US), 0(800) 953 953-
0329 (from the UK) or +(44) 1452 542 301 (from outside the US). Please
quote "DryShips."
In case of any problem with the above numbers, please dial 1(866) 223 0615
(from the US), 0(800) 694- 1503 (from the UK) or +(44) 1452 586 -513 (from
outside the US). Quote "DryShips."
A replay of the conference call will be available until November 14, 2007.
The United States replay number is 1(866) 247 4222; the international
replay number is (0(800) 953 -1533; from the UK or (+44) 1452- 550 000 and
the access code required for the replay is: 2133051#.
Slides and audio webcast:
There will also be a simultaneous live webcast over the Internet, through
the DryShips Inc. website (www.dryships.com). Participants to the live
webcast should register on the website approximately 10 minutes prior to
the start of the webcast.
About DryShips Inc.
DryShips Inc. is an international provider of drybulk cargo marine
transportation services. Headquartered in Athens, Greece, DryShips owns and
operates a fleet of 44 drybulk carriers comprising 5 Capesize, 29 Panamax,
1 Supramax, 1 Handymax and 8 newbuilding drybulk vessels, with a combined
capacity of approximately 4.0 million deadweight tons.
DryShips Inc.'s common stock is listed on NASDAQ Global Market where it
trades under the symbol "DRYS."
Visit our website at www.dryships.com
Forward-Looking Statement
Matters discussed in this release may constitute forward-looking
statements. Forward-looking statements reflect our current views with
respect to future events and financial performance and may include
statements concerning plans, objectives, goals, strategies, future events
or performance, and underlying assumptions and other statements, which are
other than statements of historical facts.
The forward-looking statements in this release are based upon various
assumptions, many of which are based, in turn, upon further assumptions,
including without limitation, management's examination of historical
operating trends, data contained in our records and other data available
from third parties. Although DryShips Inc. believes that these assumptions
were reasonable when made, because these assumptions are inherently subject
to significant uncertainties and contingencies which are difficult or
impossible to predict and are beyond our control, DryShips Inc. cannot
assure you that it will achieve or accomplish these expectations, beliefs
or projections.
Important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements include
the strength of world economies and currencies, general market conditions,
including changes in charterhire rates and vessel values, changes in demand
that may affect attitudes of time charterers to scheduled and unscheduled
drydocking, changes in DryShips Inc.'s operating expenses, including bunker
prices, dry-docking and insurance costs, or actions taken by regulatory
authorities, potential liability from pending or future litigation,
domestic and international political conditions, potential disruption of
shipping routes due to accidents and political events or acts by
terrorists.
Risks and uncertainties are further described in reports filed by DryShips
Inc. with the US Securities and Exchange Commission.