Emeritus Corporation (NYSE: ESC), a national provider of assisted living
and Alzheimer’s and related dementia care services to senior citizens,
today announced that it will host a conference call on Thursday, August
6, 2009, at 5:00 P.M. Eastern Time to discuss its financial results for
the second quarter of 2009. Hosting the call will be Mr. Daniel Baty,
Chairman and Co-Chief Executive Officer, Mr. Granger Cobb, President and
Co-Chief Executive Officer and Mr. Raymond Brandstrom, Chief Financial
Officer. A press release with the financial results for the second
quarter of 2009 will be issued after the market closes on Thursday,
August 6, 2009.
The conference call will be webcast live over the internet from the
Company’s web site at www.emeritus.com
under the “investors” section. The conference call can also be accessed
by dialing (800) 388-8975, or for international participants (913)
312-1454. A replay of the conference call will be available after 8:00
P.M. Eastern Time on Thursday, August 6, 2009, until midnight Eastern
Time, Thursday, August 13, 2009, and can be accessed by dialing (888)
203-1112, or for international participants (719) 457-0820 and entering
the passcode 2647058.
ABOUT THE COMPANY
Emeritus Corporation is a national provider of assisted living and
Alzheimer’s and related dementia care services to seniors. Emeritus is
one of the largest and most experienced operators of freestanding
assisted living communities located throughout the United States. These
communities provide a residential housing alternative for senior
citizens who need assistance with the activities of daily living, with
an emphasis on personal care services, which provides support to the
residents in the aging process. Emeritus currently operates 309
communities in 36 states representing capacity for approximately 27,200
units and approximately 32,400 residents. Our common stock is traded on
the New York Stock Exchange under the symbol ESC, and our home page can
be found on the Internet at www.emeritus.com.
“Safe Harbor” Statement under the Private Securities Litigation
Reform Act of 1995: A number of the matters and subject areas
discussed in this report that are not historical or current facts deal
with potential future circumstances, operations, and prospects. The
discussion of such matters and subject areas is qualified by the
inherent risks and uncertainties surrounding future expectations
generally, and also may materially differ from our actual future
experience as a result of such factors as: the effects of competition
and economic conditions on the occupancy levels in our communities; our
ability under current market conditions to maintain and increase our
resident charges in accordance with our rate enhancement programs
without adversely affecting occupancy levels; increases in interest
costs as a result of re-financings; our ability to control community
operation expenses, including insurance and utility costs, without
adversely affecting the level of occupancy and the level of resident
charges; our ability to generate cash flow sufficient to service our
debt and other fixed payment requirements; our ability to find sources
of financing and capital on satisfactory terms to meet our cash
requirements to the extent that they are not met by operation; and
uncertainties related to professional liability claims. We have
attempted to identify, in context, certain of the factors that we
currently believe may cause actual future experience and results to
differ from our current expectations regarding the relevant matter or
subject area. These and other risks and uncertainties are
detailed in our reports filed with the Securities and Exchange
Commission, including “Item 1A. Risk Factors” in our Annual Report on
Form 10-K for the year ended December 31, 2008.
Emeritus Corporation
Investor Relations
206-298-2909