Exhibit 99.01
DEL GLOBAL TECHNOLOGIES CORP.
FOR IMMEDIATE RELEASE
DEL GLOBAL TECHNOLOGIES TO ANNOUNCE FISCAL 2004 SECOND
QUARTER FINANCIAL RESULTS ON MONDAY, MARCH 15, 2004 AND
CONDUCT CONFERENCE CALL ON TUESDAY, MARCH 16, 2004
VALHALLA, NY - March 11, 2004 -- Del Global Technologies Corp.
(DGTC) ("Del Global") today announced plans to issue financial results for its
fiscal 2004 second quarter and six-month period ended January 31, 2004 on
Monday, March 15, 2004. Suzanne M. Hopgood, Walter F. Schneider and Thomas V.
Gilboy will host a conference call scheduled for 4:00 P.M. Eastern Time on
Tuesday, March 16, 2004 to discuss the financial results. In addition, Del
Global expects to file its Form 10-Q for its fiscal 2004 second quarter on
Monday, March 15, 2004.
The telephone number to join this conference call is (800) 915 -
4836. A taped replay of the call will be available through 5:00 P.M. Eastern
Time on March 19, 2004. Please dial (800) 428 - 6051 (Domestic) or (973) 709 -
2089 (International) and enter the number 343276 to listen to the replay. In
addition, the conference call will be broadcast live over the Internet via the
Webcast section of Del Global's web site at www.delglobal.com. To listen to the
live call on the Internet, go to the web site at least 15 minutes early to
register, download and install any necessary audio software. If you are unable
to participate in the live call, the conference call will be archived and can be
accessed on Del Global's website for approximately five business days.
Del Global Technologies Corp. is primarily engaged in the design,
manufacture and marketing of cost-effective medical imaging and diagnostic
systems consisting of stationary and portable x-ray systems,
radiographic/fluoroscopic systems, dental imaging systems and proprietary
high-voltage power conversion subsystems for medical and other critical
industrial applications. Industrial applications for which Del Global supplies
power subsystems include airport explosives detection, analytical
instrumentation, semiconductor capital equipment and energy exploration.
Statements about future results made in this release may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on current
expectations and the current economic environment. Del Global cautions that
these statements are not guarantees of future performance. They involve a number
of risks and uncertainties that are difficult to predict including, but not
limited to, the ability of Del Global to implement its business plan, retention
of management, changing industry and competitive conditions, obtaining
anticipated operating efficiencies, securing necessary capital facilities,
favorable determinations in various legal and regulatory matters, including a
settlement of the Department of Defense investigation on terms that Del Global
can afford and that does not include a debarment from doing business with the US
Government, and favorable general economic conditions. Actual results could
differ materially from those expressed or implied in the forward-looking
statements. Important assumptions and other important factors that could cause
actual results to differ materially from those in the forward-looking statements
are specified in Del Global's filings with the Securities and Exchange
Commission.
CONTACT: INVESTOR RELATIONS:
Del Global Technologies Corp. The Equity Group Inc.
Walter F. Schneider or Devin Sullivan (212) 836-9608
Thomas V. Gilboy Adam Prior (212) 836-9606
(914) 686-3600
