TurboSonic logo
 

TurboSonic Technologies, Inc. -
Fair Disclosure Policy Synopsis

Overview. It is the policy of TurboSonic Technologies, Inc. ("TurboSonic") to fully comply with the SEC’s Regulation FD. This is a synopsis of our Fair Disclosure policy, which can be read by clicking here. In brief, our corporate policy is to provide equal access to information about TurboSonic for all investors.

Authorized spokespersons. Three persons are authorized to speak to the financial community on behalf of TurboSonic. They are our Chairman of the Board and CEO,  our President, and our Audit Committee Chairman. From time to time, TurboSonic may make available other company officers or representatives to address specific topics and, under such circumstances, it will be stated that these individuals are speaking on behalf of TurboSonic and are covered by Regulation FD. Otherwise, no other person is authorized to speak for TurboSonic, and any communication between an investor and such person or persons is specifically disclaimed by TurboSonic and should not be relied upon by the investor.

Communications with TurboSonic. Any investor may contact TurboSonic at any time and all queries will be dealt with equally. TurboSonic attempts to respond promptly to telephone and email inquiries. TurboSonic will not disclose material information in private conversations; it will not affirm estimates or otherwise provide guidance. Commencing approximately a week prior to the close of each quarter until the release of earnings, TurboSonic will maintain a "quiet period" during which it will restrict comments to information already in the public domain.

Analyst reports. TurboSonic will comment on analyst reports prior to publication to the extent that information contained in the report and assumptions about future financial performance match statements previously made by TurboSonic. Once analyst reports are published, TurboSonic disclaims responsibility for or association with them. Except for changes in guidance given in public forums, TurboSonic will not attempt to influence analyst estimates. We will not mail or fax analyst reports to investors.

News dissemination. Material news announcements will be disseminated via press release on a North American distribution network, and such press releases may be accompanied by a conference call. We will endeavor to issue all press releases outside of regular market hours. TurboSonic will make every effort to ensure that such releases are directed to and reported by the news media and newswire outlets. An archive of press releases dating back to 1999 is maintained on our corporate web site. We maintain a list of individuals and firms to which we either fax or e-mail all press releases, and will add the name of anyone who desires to receive news releases from TurboSonic in this manner.

We will issue press releases during the quarter when there are material changes to our business.

We may also issue press releases under the following circumstances:

  • A new product or service is introduced, or a first sale is made of a new product
  • An order is received for an unusually large dollar amount.
  • An order is received or a shipment made which represents a milestone that we think is of interest to the investing public.

Conference calls. Once each quarter we may conduct a conference call in conjunction with the release of our earnings. The conference call will be open, in real time, to all investors either by telephone or by live webcast. During this conference call, we will endeavor to provide as much information as possible about the results of our just completed quarter, and about the near-term expectations for TurboSonic. This conference call will include a question and answer period, although we reserve the right to restrict the opportunity to ask questions to analysts and institutional investors. Telephone replays of conference calls will be available for at least one week; archived webcasts will be available for at least two weeks.

Advance notice of conference calls. We will endeavor to provide advance notice of conference calls. However, in the event of the need to disclose material information apart from regularly scheduled earnings, such notice may be substantially less than one day.

Investment conferences. TurboSonic accepts invitations to attend investment conferences and meets with attendees at such conferences both in group and individual sessions. TurboSonic does not disclose material information at such conferences except as such information is being simultaneously disclosed to the broader financial community. TurboSonic will endeavor to publish a list of forthcoming conferences on its web site, and time and date of such conferences will be made available to anyone who requests such information. Some of these conferences may include a live or archived webcast of our presentation.

Published financial documents. On request, TurboSonic makes available printed copies of its Annual Report, Annual Report on Form 10-K, Quarterly Report on Form 10-Q, Proxy, and certain other SEC documents.

Safe harbor. TurboSonic speaks to investors about forward-looking subjects under terms of the SEC’s safe harbor provisions. In communications with investors, TurboSonic may invoke safe harbor language and detail specific risk factors. In communicating with TurboSonic, investors should acquaint themselves with these risk factors in advance.

For our complete Fair Disclosure Policy, click here

 
 
 © 1998- TurboSonic Technologies, Inc. Legal.