Contact Information: Contact: Investor Relations/Media Nicolas Bornozis Capital Link, Inc., New York Tel. 212 661 7566 E-mail: dryships@capitallink.com
DryShips -- Presentation Material to Be Used at Today's Conference Call on Strategic Expansion at 9:00 A.M. EDT
| Source: DryShips Inc.
ATHENS, GREECE--(Marketwire - October 6, 2008) - DryShips (NASDAQ : DRYS ) management
team will host a conference call today, Monday, October 6, 2008,
at 9:00 a.m. Eastern Daylight Time to discuss the Company's
strategic expansion with the addition of 9 Capesize drybulk
vessels and 2 Ultra Deep Water drillships, as announced this
morning.
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/drys100608.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) 953-0329 (from the UK) or +(44) 1452 542 301
(from outside the US). Please quote "DryShips."
A replay of the conference call will be available until October
13, 2008. 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 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.
The presentation material to be used for the conference call and
webcast will be available on the company's website in the
Investor Relations section under "Presentations."
About DryShips Inc.
DryShips Inc., based in Greece, is an owner and operator of
drybulk carriers that operate worldwide. As of the day of this
release, DryShips owns a fleet of 54 drybulk carriers comprising
7 Capesize, 30 Panamax, 2 Supramax, and 15 newbuilding drybulk
vessels with a combined deadweight tonnage of about 4.7 million
tons.
DryShips is also the owner of 6 UDW drilling units including 4
UDW drillships to be built at Samsung Heavy Industries (SHI),
scheduled for delivery between the fourth quarter of 2010 and the
third quarter 2011. 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 Statements
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.