CHICAGO, April 16 /PRNewswire-FirstCall/ -- Cobra Electronics Corporation , a leading global designer and marketer of mobile communications and navigation products, announced today that it will host a webcast of its first quarter 2009 earnings conference call. The details of the webcast are as follows:
DATE: Friday, May 1, 2009 TIME: 11:00 a.m. Eastern Time WHERE: http://www.cobra.com/
To listen to the live call, please go to Cobra's website at least 15 minutes prior to the conference call and click on the Investor Relations tab to register, download, and install any necessary audio software. For those who cannot listen to the live webcast, a replay will be available shortly after the call.
About Cobra Electronics
Cobra Electronics is a leading global designer and marketer of communication and navigation products, with a track record of delivering innovative and award-winning products. Building upon its leadership position in the GMRS/FRS two-way radio, radar detector and Citizens Band radio industries, Cobra identified new growth opportunities and has aggressively expanded into the marine market and has expanded its European operations. The Consumer Electronics Association, Forbes and Deloitte & Touche have all recently recognized Cobra for the company's innovation and industry leadership. To learn more about Cobra Electronics, please visit the Cobra site at http://www.cobra.com/.
Safe Harbor
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks and uncertainties. Actual results may differ materially from these expectations due to factors such as the acceptance of Cobra's new and existing products by customers, the continued success of Cobra's cost containment efforts and the continuation of key distribution channel relationships. Please refer to Cobra's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, for a more detailed discussion of factors that may affect Cobra's performance. This press release includes adjusted pretax income and adjusted gross margin, amounts that are considered non-GAAP financial measures under Securities and Exchange Commission rules. As required, a reconciliation of these measures is included herein. These adjusted, non-GAAP financial measures are included to provide investors with the means to compare financial performance between periods absent certain events that do not directly pertain to the ongoing operations of the company. These non-GAAP financial measures should be considered in addition to, and not as a substitute or superior to, the other measures of financial performance prepared in accordance with GAAP.
Cobra Electronics Corporation
CONTACT: Michael Smith, Senior Vice President and CFO of Cobra
Electronics Corporation, +1-773-804-6281, msmith@cobra.com; or Media,
Elizabeth Dolezal of Financial Relations Board, +1-312-640-6771,
edolezal@mww.com, for Cobra Electronics Corporation
Web Site: http://www.cobra.com/
