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Clarus Corporation Schedules Conference Call to Discuss Second Quarter Financial Results

^{Published on 2010-07-30 06:56:58 - Market Wire}
 

SALT LAKE CITY--([ BUSINESS WIRE ])--Clarus Corporation (NASDAQ: BDE) (the aCompanya), a leading provider of outdoor equipment and lifestyle products, announced today that it would announce financial results for the quarter ended June 30, 2010 after the market closes on Wednesday, August 4, 2010.

Investor/Analyst Conference Call

The Company will broadcast a listen-only conference call at 4:30 p.m. EDT on Wednesday, August 4, 2010. The call can be accessed by dialing 1-877-407-0789 (U.S. participants) or 1-201-689-8562 (International participants). Callers should ask to be connected to Clarus Corporation's second quarter 2010 teleconference and provide the conference ID number: 354785. To listen to a telephonic replay of the conference call, dial toll-free 1-877-660-6853 or 1-201-612-7415 (international) and enter account number 3055 and conference ID number 354785. The replay will be available beginning at 7:30 PM ET on August 4, 2010 and will last through August 18, 2010.

Annual Meeting Details

The Company also noted that it will hold its 2010 Annual Meeting of Stockholders and Analyst/Investor Day on August, 5, 2010, beginning at 8:00 a.m. Mountain Daylight Time. The Annual Meeting will take place at Black Diamonda™s headquarters located at 2084 East 3900 South Salt Lake City, Utah 84124. The record date for determining eligibility to vote at the Annual Meeting is June 24, 2010.

Following the conclusion of the Annual Meeting of Stockholders, the Company will sponsor a series of presentations and meetings and a tour of the Black Diamond facilities for the institutional investment community. Space is limited. Interested analysts and portfolio managers should contact Sam Gibbons of ICR, Inc. to RSVP and for details at (203) 682-8351 or [ samuel.gibbons@icrinc.com ].

About The Company

Clarus Corporation is a leading provider of outdoor equipment and lifestyle products. The Companya™s principal brands are Black Diamond Equipment® and Gregory Mountain Products®. The Company develops, manufactures and distributes a broad range of products including carabiners, protection devices, belay and rappel equipment, helmets, ropes, ice-climbing gear, backcountry gear, technical backpacks, high-end day packs, tents, trekking poles, gloves, skis, ski bindings and ski boots. Headquartered in Salt Lake City, Utah, the Company has more than 475 employees worldwide, with ISO 9001 manufacturing facilities in Salt Lake City and southeast China, a distribution center in Germany and a sales and marketing office located outside Basel, Switzerland. For more information about us and our brands, please visit [ www.claruscorp.com ], [ www.blackdiamondequipment.com ], and [ www.gregorypacks.com ].

Forward Looking Statements

This press release includes aforward-looking statementsa within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may use words such as aanticipates,a abelieves,a aplans,a aexpects,a aintends,a afuture,a awill,a and similar expressions to identify forward-looking statements. These forward-looking statements involve a number of risks, uncertainties and assumptions which are difficult to predict. The Company cautions you that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Examples of forward-looking statements include, but are not limited to: (i) statements about the benefits of the Companya™s acquisitions of Black Diamond and Gregory, including future financial and operating results that may be realized from the acquisitions; (ii) statements of plans, objectives and expectations of the Company or its management or Board of Directors; (iii) statements of future economic performance; and (iv) statements of assumptions underlying such statements and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to: (i) our ability to successfully integrate Black Diamond and Gregory; (ii) our ability to realize financial or operating results as expected; (iii) material differences in the actual financial results of the mergers compared with expectations, including the impact of the mergers on the Companya™s future earnings per share; (iv) economic conditions and the impact they may have on Black Diamond and Gregory and their respective customers or demand for products; (v) our ability to implement our acquisition growth strategy or obtain financing to support such strategy; (vi) the loss of any member of our senior management or certain other key executives; (vii) our ability to utilize our net operating loss carry forward; and (viii) our ability to adequately protect our intellectual property rights. Additional factors that could cause the Companya™s results to differ materially from those described in the forward-looking statements can be found in the aRisk Factorsa section of the Companya™s filings with the Securities and Exchange Commission, including its latest annual report on Form 10-K and most recently filed Forms 8-K and 10-Q, which may be obtained at our web site at [ www.claruscorp.com ] or the Securities and Exchange Commissiona™s web site at [ www.sec.gov ]. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release, and speak only as the date hereof. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.