DXP Enterprises, Inc. (NASDAQ:DXPE) today announced that Mac
McConnell, Senior Vice President and Chief Financial Officer of DXP,
will present at the Singular Research “Best of
the Uncovereds” Conference. The conference
will be held September 4, 2008 at The Westin New York at Times Square in
New York City. Mr. McConnell is scheduled to present at 10:30 a.m. and
will be available for one-on-one meetings following his presentation.
Singular Research recently initiated coverage of DXP.
The presentation will be webcast and will be available at www.singularresearch.com/webcast/
for approximately 90 days.
DXP’s innovative pumping solutions provide
engineering, fabrication and technical design to meet the capital
equipment needs of its global customer base. DXP provides solutions by
utilizing manufacturer authorized equipment and certified personnel.
Pump packages require MRO and OEM equipment such as pumps, motors and
valves, and consumable products. DXP leverages its MROP inventories and
technical knowledge to lower the total cost and maintain the quality of
the pump package.
SmartSource, a DXP integrated supply program, allows a more efficient
way to manage the customer’s supply chain
needs for MROP products. The program allows the customer to transfer all
or part of its supply chain needs to DXP, so the customer can focus on
its core business. SmartSource effectively lowers costs by outsourcing
purchasing, accounting, and on-site supply management to DXP, which
reduces the duplication of effort by the customer and supplier. DXP’s
broad range of first-tier products provides an efficient measurable
solution to reduce cost and streamline procurement and sourcing
operations.
The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor”
for forward-looking statements. Certain information included in
this press release (as well as information included in oral statements
or other written statements made by or to be made by the Company)
contains statements that are forward-looking. Such
forward-looking information involves important risks and uncertainties
that could significantly affect anticipated results in the future; and
accordingly, such results may differ from those expressed in any
forward-looking statement made by or on behalf of the Company. These
risks and uncertainties include, but are not limited to; ability to
obtain needed capital, dependence on existing management, leverage and
debt service, domestic or global economic conditions, and changes in
customer preferences and attitudes. For more information, review the
Company's filings with the Securities and Exchange Commission.
DXP Enterprises, Inc., Houston
Mac McConnell, 713-996-4700
Senior
Vice President, Finance
www.dxpe.com
