Charles & Colvard to Host First Quarter Investor Conference Call on Thursday, April 25, 2013
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
first quarter of 2013 at 11:15 a.m. EDT on Thursday, April 25, 2013. 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, April 25, 2013. The call will
also be broadcast live on the Internet at www.visualwebcaster.com/event.asp?id=91617.
A replay of the conference call will be available one hour after the
call until 9:00 a.m. EDT on Friday, May 3, 2013 by dialing 877-344-7529
(U.S.) or 412-317-0088 (international) and entering the conference ID
number 10023605.
The conference call will also be archived for review on the Internet at www.visualwebcaster.com/event.asp?id=91617
and on the Company’s website at www.charlesandcolvard.com
until Friday, May 3, 2013.
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®
and Forever Brilliant® are 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 ability to fulfill
orders on a timely basis; the financial condition of our major
customers; dependence on Cree, Inc. as the sole current supplier of the
raw material; our current wholesale customers’ potential perception of
us as a competitor in the finished jewelry business; intense competition
in the worldwide jewelry industry; general economic and market
conditions, including the current economic environment; 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; possible
adverse effects of governmental regulation and oversight; and the
failure to evaluate and integrate strategic opportunities, 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, 2012 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.