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Gerber Scientific, Inc. Provides Historical Financial
Results Excluding Discontinued Operations
SOUTH WINDSOR, CT -
December 15, 2009 - Gerber Scientific, Inc. (NYSE: GRB),
said that it filed a Form 8-K with the Securities and Exchange Commission today in which the Company provided historical financial information for fiscal 2009 and fiscal 2010 excluding the results of operations for FOBA Technology + Services GmbH (“FOBA”), ND Graphics (both sold in September 2009) and Spandex Poland (closed in October 2009) from its continuing operations. More information about these transactions is provided in the Company’s fiscal 2010 second quarter 10-Q filed with the Securities and Exchange Commission on December 8, 2009.
“We thought it would be helpful to provide historical financial information in accordance with U.S. GAAP and excluding discontinued operations to aid investors in the analysis of the Company’s performance,” said Mike Elia, Gerber Scientific Executive Vice President and Chief Financial Officer.
About Gerber Scientific, Inc.
Gerber Scientific, Inc. (www.gerberscientific.com) is a leading international supplier of sophisticated automated manufacturing systems for sign making, specialty graphics, and packaging, apparel and flexible materials, and ophthalmic lens processing industries. Headquartered in South Windsor, Connecticut, the Company operates through four businesses: Gerber Scientific Products and Spandex Ltd., Gerber Technology, and Gerber Coburn.
Forward-looking Statements:
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements contained in this news release involve risks and uncertainties regarding the Company's expected financial condition, results of operations and cash flows. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, readers are referred to the Company’s filings with the Securities and Exchange Commission, including but not limited to, the information included in Gerber Scientific’s Annual Report on Form 10-K for the fiscal year ended April 30, 2009, which outlines certain important risks regarding the Company’s forward-looking statements, as well as information included in subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Actual future results or events may differ materially from these forward-looking statements. The forward-looking statements contained in this release are made as of the date of this release and the Company expressly disclaims any obligation to update any of these forward-looking statements, except as required by law.
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