EXHIBIT 99.1 - Press release
For Immediate Release
PEOPLES EDUCATIONAL HOLDINGS, INC. SCHEDULES THIRD QUARTER EARNINGS RELEASE AND
CONFERENCE CALL FOR NOVEMBER 14.
(Saddle Brook, NJ) - October 28, 2005 - Peoples Educational Holdings, Inc.
(NASDAQ: PEDH) today announced it will issue results for the third quarter of
2005 on Monday, November 14, 2005. A conference call will be held at 11 a.m.
Eastern time with Brian Beckwith, President and Chief Executive Officer and
Michael DeMarco, Chief Financial Officer to discuss the third quarter and year
to date results.
Conference Call and Webcast Details:
Live Conference Call
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Monday, November 14, 2005, 11 a.m. Eastern
US: 800-638-4930
International: 617-614-3944
Live Audio Webcast: http://phx.corporate-ir.net/playerlink.zhtml?c=184416&s=wm&e=1155859
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Webcast Replay (available approximately two hours after conference call ends
through, November 14, 2006.)
http://phx.corporate-ir.net/playerlink.zhtml?c=184416&s=wm&e=1155859
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Peoples Publishing Group, Inc., Saddle Brook, NJ
Investor Contact: Michael DeMarco
Press Contact: Michael DeMarco
Phone: 201-712-0090
investorrelations@peoplespublishing.com
About Peoples Educational Holdings, Inc.
Peoples Educational Holdings, Inc., is a publisher and marketer of print and
electronic educational materials for the K-12 school market. The Company focuses
its efforts in three market areas:
Test Preparation and Prescriptive Assessment materials targeted to
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state-specific standardized tests
College Preparation materials for academically rigorous high school programs
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Instruction products are customized standards-based materials for the
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supplemental K-12 market
The Company's proprietary products are supplemental in nature. They are
predominately soft-cover, high gross profit margin titles that can be sold
efficiently through the Company's direct sales force, as well as through
catalogs, direct mail, telemarketing, and independent commission sales
representatives. Distributed products are both basal and supplemental in nature.
This press release contains forward-looking statements regarding the Company and
its markets as defined in section 21E of the Securities Exchange Act of 1934.
These forward-looking statements involve a number of risks and uncertainties,
including (1) demand from major customers, (2) effects of competition, (3)
changes in product or customer mix or revenues and in the level of operating
expenses, (4) rapidly changing technologies and the Company's ability to respond
thereto, (5) the impact of competitive products and pricing, (6) local and state
levels of educational spending, (7) ability to retain qualified personnel, (8)
ability to retain its distribution agreements in the College Preparation market,
(9) the sufficiency of the Company's copyright protection, and (10) ability to
continue to rely on the services of a third party warehouse, and other factors
as discussed in the Company's filings with the SEC. The actual results that the
Company achieves may differ materially from any forward-looking statements due
to such risks and uncertainties. The Company undertakes no obligation to revise
any forward-looking statements in order to reflect events or circumstances that
may arise after the date of this report. Readers are urged to carefully review
and consider the various disclosures made by the Company in this press release
and the reports the Company files with the Securities and Exchange Commission
that attempt to advise interested parties of the risks and factors that may
affect the Company's business and results of operations.
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