JBI, Inc. to Hold Earnings Conference Call

Posted Jul 16th, 2010 in 2010 News Releases

NIAGARA FALLS, Ontario, July 16, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB: JBIIE) announced today that Chief Executive Officer John Bordynuik  will host a conference call to discuss the Company's financial results for the fiscal 2010 first quarter ended March 31, 2010.

The call information is as follows:
  • Date: Wednesday, July 21, 2010
  • Time: 4:30 p.m. Eastern Daylight Time
  • Dial-in number for US/Canada: 1-877-407-8035      
  • Dial-In number for international callers: +1 201-689-8035
  • Conference ID: 354160
The call will also be available in real time via webcast over the Internet at: http://www.investorcalendar.com/IC/CEPage.asp?ID=160560.

A recording of the call will be made available on the Company website ( www.jbiglobal.com) for those who are unable to participate.

The Company would like to address as many questions from the investment community as possible during the call and therefore inquiries may be submitted via email to questions@jbi-ir.com by noon EDT on Tuesday, July 20, 2010. Any questions that are not addressed during the call will be addressed by JBI's Investor Relations personnel following the call. 

About JBI, Inc.

JBI, Inc. is a technology company focused on injecting intelligence into existing products and processes, making them efficient and profitable. JBI seeks to innovate new solutions to issues facing today's world, including environmental concerns. JBI currently has four business lines including JBI's tape data recovery, JAVACO, PAK-IT LLC and our planned Plastic2Oil business. Information on our company and all of our products and services can be found at www.jbiglobal.com. 

Forward Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, but are not limited to: (1) JBI has a history of net losses, and may not be profitable in the future; (2) JBI may not be able to obtain necessary licenses, rights and permits required to develop or operate our Plastic2Oil business, and may encounter environmental or occupational, safety and health conditions or requirements that would adversely affect its business; and (3) JBI may experience delays in the commercial operations of its Plastic2Oil machines and there is no assurance that they can be operated profitably.For a more detailed discussion of such risks and other factors, see the Company's amended Annual Report on Form 10-K, filed on July 9, 2010, with the Securities and Exchange Commission, and its other SEC filings. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

CONTACT:  JBI, Inc.
          Investor Relations
          John Zervas
          (877) 307-7067      
          jpz@jbi-ir.com