ROCHESTER, N.Y., May 24, 2024 (GLOBE NEWSWIRE) — Syntec Optics Holdings, Inc. (Nasdaq: OPTX), a leading provider of mission-critical optics to scientific and technical equipment and defense and aerospace OEMs, today announced that it will hold a conference call on Tuesday, May 28, 2024 at 5:00 PM ET to discuss financial results and provide a business update.
Conference call details:
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date: Tuesday, May 28, 2024
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time: 5pm ET
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Dial-in number: +16469313860,,88062474752#,,,,*488772# (Please dial before calling)
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Webcast: A replay of the conference call will be available on the Events and Presentations page in the Investor section of Syntec Optics' website at www.syntecoptics.com.
Replay:
A replay of the webcast will be available approximately three hours after the conclusion of the conference call and will be accessible in the Investor Relations section of Syntec Optics' website until Monday, June 10, 2024. home page.
About Shintech Optics
Headquartered in Rochester, New York, Syntec Optics Holdings, Inc. (Nasdaq: OPTX) is one of the largest custom optics and photonics manufacturers in the United States. In business for over 20 years, Syntec Optics operates state-of-the-art facilities and is horizontally and vertically integrated with a wide range of core capabilities in various optical manufacturing processes to provide a competitive advantage to mission-critical OEMs. Syntec Optics recently launched new products including optics for low earth orbit (LEO) satellites, optics for lightweight night vision goggles, optics for biomedical instruments, and precision microlens arrays. For more information, please visit www.syntecoptics.com.
Forward-Looking Statements
The 2023 financial results included in this press release will be finalized in connection with the completion of the audit and preparation of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial projections and estimates. All statements other than statements of historical fact included in this press release, including statements regarding the transactions contemplated by the business combination and related agreements, future operating results and financial condition, revenue and other metrics, planned products and services, business strategy and plans, management's objectives for Syntec Optics' future operations, market size, growth opportunities, competitive position, technology and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking terminology, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “project,” “plan,” “target,” “project,” “potential,” “will,” “continue,” “project,” or the negative of these terms, variations thereof, or similar expressions. All forward-looking statements are subject to risks, uncertainties and other factors, some of which are beyond Syntec Optics' control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based on estimates, forecasts and assumptions that Syntec Optics and its management believe to be reasonable under the circumstances, but are inherently uncertain, and a number of factors could cause actual results to differ materially from current expectations, including, but not limited to, 1) the risks outlined in previous SEC filings; 2) Syntec Optics' ability to successfully expand market penetration into its target markets; and 3) the addressable markets that Syntec Optics intends to target do not grow as expected. 4) loss of key executives; 5) loss of relationships with key suppliers, including international suppliers; 6) loss of relationships with key customers; 7) inability to protect Syntec Optics' patents and other intellectual property; 8) inability to timely or at all manufacture announced products or to scale to mass production; 9) costs associated with further business integration; 10) changes in applicable laws or regulations; 11) possibility that Syntec Optics may be adversely affected by other economic, business and/or competitive factors; 12) estimates of Syntec Optics' future growth and expected financial results, and the achievement or satisfaction of underlying assumptions related thereto; 13) the impact of the pandemic (including any mutations or variants thereof) and the Russia/Ukraine conflict or the Israeli conflict, and the resulting impact on business and financial condition; 14) inability to complete investments or borrowings related to further business integration; 15) possible events or circumstances that result in Syntec Optics not achieving the anticipated benefits of customer agreements in a timely manner. 16) Other risks and uncertainties described in the sections entitled “Risk Factors” and “Caution Regarding Forward-Looking Statements” in previous SEC filings, including the registration statement on Form S-4 filed with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events or results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be deemed a representation by any person that the forward-looking statements contained herein will be achieved or that any of the results contemplated in such forward-looking statements will be achieved. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Syntec Optics gives no assurance that Syntec Optics will achieve the expected results. Syntec Optics assumes no obligation to update these forward-looking statements, except as required by law.
If any of these risks materialize or if any of our assumptions prove incorrect, actual results may vary materially from the results implied by these forward-looking statements. There are additional risks that we are not currently aware of or that we currently believe to be immaterial that may cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements contained in this press release speak only as of the date hereof. Except as required by law, we undertake no obligation to update these statements to reflect events occurring or circumstances existing after the date hereof.
For further information, please contact:
Investor Relations
InvestorRelations@syntecoptics.com
Source: Syntec Optics Holdings, Inc. (Nasdaq: OPTX)
