CL King Best Ideas Conference - September 20, 2005
Thomas Weisel Partners Consumer Conference 2005 - September 27, 2005
Sidoti & Company 4th Annual West Coast Emerging Growth Forum -
September 30, 2005
LAS VEGAS, Sept. 19, 2005 (PRIMEZONE) -- Sunterra Corporation (Nasdaq:SNRR), one of the world's largest developers and managers of vacation ownership resorts, today announced that it will participate in three conferences in September 2005.
The CL King Best Ideas Conference will be held on September 20, 2005, at the Omni Berkshire Place Hotel in New York City. Bryan Coy, Vice President of Finance, will be presenting at 4:30 p.m. (EDT), followed by a breakout session. The investor presentation will be webcast live. Interested parties are encouraged to access the live webcast at the Investor Relations section of the "Sunterra Corp." tab at www.sunterra.com, fifteen minutes early to register, download, and install any necessary audio software.
At 9:45 a.m. (EDT) on September 27, 2005, Sunterra's President and CEO, Nicholas Benson, and Steve West, Executive Vice President and CFO, will present at the Thomas Weisel Partners Consumer Conference 2005. The conference is held on September 26 and 27, 2005, at the Mandarin Oriental New York. The investor presentation will be webcast live. Interested parties are encouraged to access the live webcast at the Investor Relations section of the "Sunterra Corp." tab at www.sunterra.com, fifteen minutes early to register, download, and install any necessary audio software.
On Friday, September 30, 2005, Steve West and Bryan Coy will represent Sunterra at Sidoti & Company's 4th Annual West Coast Emerging Growth Institutional Investor Forum, held at the Ritz-Carlton San Francisco. Sunterra's 9:40 a.m. (PDT) presentation will not be webcast. A copy of the presentation will be made available at the Investor Relations section of the "Sunterra Corp." tab at www.sunterra.com at the time of the presentation.
ABOUT SUNTERRA
Sunterra is one of the world's largest vacation ownership companies with more than 300,000 owner families and nearly 100 branded or affiliated vacation ownership resorts throughout the continental United States and Hawaii, Canada, Europe, the Caribbean and Mexico.
An online investor kit, including Sunterra news releases, Securities and Exchange Commission (SEC) filings and reports, an events calendar, stock charts and governance information, can be found at www.sunterra.com.
SAFE HARBOR STATEMENT
Investors and readers are cautioned that certain statements contained in this document, as well as some statements in periodic news releases and some oral statements of Sunterra officials during presentations, along with the company's filings with the SEC, including quarterly reports on Form 10-Q, annual reports on Form 10-K and current reports on Form 8-K, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act").
Forward-looking statements include statements that are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects," "anticipates," "intends," "plans," "could," "might," "believes," "seeks," "estimates" or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by Sunterra's management, are also forward-looking statements as defined by the Act.
The company cautions that these statements are not guarantees of future performance, and involve risks and uncertainties and other factors that may cause results to differ materially from those anticipated at the time such statements are made. Future results, performance and achievements may be affected by the company's ability to successfully implement the cost reduction and marketing plans of Sunterra's European operations, general economic conditions, including a global economic downturn, the impact of war and terrorist activity, business and financing conditions, foreign exchange fluctuations, governmental and regulatory actions, the cyclicality of the vacation ownership industry, relationships with key employees, domestic and international political and geopolitical conditions, competition, downturns in leisure travel patterns, risk associated with the level and structure of our indebtedness, risk associated with potential acquisitions and dispositions, and other circumstances and uncertainties. These risks and uncertainties are presented in detail in Sunterra's filings with the SEC, including the most recent annual report on Form 10-K. Although the company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that such expectations will be attained or that results will not materially differ.
Sunterra undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.