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VANCOUVER, Wash.--([ BUSINESS WIRE ])--[ Nautilus, Inc ]. (NYSE:NLS), today announced that it has rescheduled its previously announced conference call to discuss results for its fourth quarter and fiscal 2008 results. The Conference call will be held on Tuesday, March 10, 2009.
The rescheduled conference call date is necessary to allow additional time to complete the few remaining items in connection with the 2008 audit, the most significant of which is a review of the carrying value of the Company's goodwill and other intangible assets. During the call the Company will also discuss the strategy for its direct to consumer business.
The rescheduled conference call is set for 4:30 p.m. EST (1:30 p.m. PST), March 10, 2009. It will be broadcast live over the Internet hosted at [ www.nautilusinc.com/events ] and will be archived online within one hour after completion of the call. In addition, listeners may call (866) 394-6821 in North America and (706) 645-0458 from outside North America. Participants from the Company will be Edward Bramson, Chairman and Chief Executive Officer and Kenneth Fish, Chief Financial Officer.
A telephonic playback will be available from 3:30 p.m. PST, March 10, 2009, through 3:30 p.m. PST, March 24, 2009. North American callers can dial (800) 633-8284, and international callers can dial (402) 977-9140 to hear the playback. The passcode is 21414884.
About Nautilus, Inc.
Headquartered in Vancouver, Wash., Nautilus, Inc. is a global fitness products company providing innovative, quality solutions to help people achieve a healthy lifestyle. With a brand portfolio including Nautilus(R), Bowflex(R), Schwinn(R)Fitness, StairMaster(R), and Universal(R), Nautilus manufactures and markets innovative fitness products through global direct, commercial and retail channels. Formed in 1986, the company had 2007 sales of $502 million. It has 900 employees and operations in Washington, Oregon, Oklahoma, Virginia, Canada, Switzerland, Germany, United Kingdom, Italy, China, and other locations around the world. Website: [ www.nautilusinc.com ].
Safe Harbor Statement:
This press release includes forward-looking statements. Factors that could cause Nautilus, Inc. actual results to differ materially from these forward-looking statements include availability of media time and fluctuating advertising rates, its ability to successfully transfer products to alternative manufacturing facilities, manufacturing quality issues resulting in increased warranty costs, its ability to effectively restructure the business and reduce costs, a decline in consumer spending due to unfavorable economic conditions, a change in the availability of credit for its customers who finance their purchases, its ability to effectively develop, market, and sell future products, its ability to get foreign-sourced product through customs in a timely manner, its ability to effectively identify, negotiate and integrate any future strategic acquisitions, its ability to protect its intellectual property, introduction of lower-priced competing products, unpredictable events and circumstances relating to international operations including its use of foreign manufacturers, government regulatory action, and general economic conditions. Please refer to our reports and filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, for a further discussion of these risks and uncertainties. We also caution you not to place undue reliance on forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made or to reflect the occurrence of unanticipated events.