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NIAGARA FALLS, Ontario, July 16, 2010 (GLOBE NEWSWIRE) -- JBI,
Inc. (the "Company") (OTCBB:
JBIIE) announced today that Chief Executive Officer John
Bordynuik will host a conference
call to discuss the Company's financial results for the fiscal 2010
first quarter ended March 31, 2010.
The call information is as follows:
- Date: Wednesday, July 21, 2010
- Time: 4:30 p.m. Eastern Daylight Time
- Dial-in number for US/Canada:
1-877-407-8035
- Dial-In number for international callers: +1
201-689-8035
- Conference ID: 354160
The call will also be available in real time via webcast over
the Internet at:
http://www.investorcalendar.com/IC/CEPage.asp?ID=160560.
A recording of the call will be made available on the Company
website (
www.jbiglobal.com) for those who are unable to
participate.
The Company would like to address as many questions from the
investment community as possible during the call and therefore
inquiries may be submitted via email to
questions@jbi-ir.com by noon EDT on Tuesday, July 20, 2010. Any
questions that are not addressed during the call will be addressed
by JBI's Investor Relations personnel following the call.
About JBI, Inc.
JBI, Inc. is a technology company focused on injecting
intelligence into existing products and processes, making them
efficient and profitable. JBI seeks to innovate new solutions
to issues facing today's world, including environmental
concerns. JBI currently has four business lines including
JBI's tape data recovery, JAVACO, PAK-IT LLC and our planned
Plastic2Oil business. Information on our company and all of
our products and services can be found at
www.jbiglobal.com.
Forward Looking Statements
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act. The Private
Securities Litigation Reform Act of 1995 (PSLRA) implemented
several significant substantive changes affecting certain cases
brought under the federal securities laws, including changes
related to pleading, discovery, liability, class representation and
awards fees as of 1995. Those statements include statements
regarding the intent, belief or current expectations of JBI, Inc.,
and members of its management as well as the assumptions on which
such statements are based. Prospective investors are cautioned that
any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Such risks include, but are not limited
to: (1) JBI has a history of net losses, and may not be profitable
in the future; (2) JBI may not be able to obtain necessary
licenses, rights and permits required to develop or operate our
Plastic2Oil business, and may encounter environmental or
occupational, safety and health conditions or requirements that
would adversely affect its business; and (3) JBI may experience
delays in the commercial operations of its
Plastic2Oil machines and there is no assurance that they can
be operated profitably.For a more detailed discussion of such risks
and other factors, see the Company's amended Annual Report on Form
10-K, filed on July 9, 2010, with the Securities and Exchange
Commission, and its other SEC filings. The Company undertakes no
obligation to update or revise forward-looking statements to
reflect changed assumptions, the occurrence of unanticipated events
or changes to future operating results.
CONTACT: JBI, Inc.
Investor Relations
John Zervas
(877) 307-7067
jpz@jbi-ir.com
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