HOUSTON, Jan. 3, 2013 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. AETI, a leading global provider of power delivery solutions for the energy industry, announced today that Chief Executive Officer, Charles Dauber, will present at Sidoti & Company's annual Micro-Cap Conference at the Grand Hyatt New York Hotel in New York City on Monday, January 7, 2013. Mr. Dauber is scheduled to speak from 8:40 a.m. to 9:15 a.m. ET in the Estate 6 (Uris) room. AETI's meeting materials will be posted to www.aeti.com the morning of the presentation at approximately 8:40 a.m. ET.
In a research report recently issued by Sidoti on October 23, 2012, AETI received a BUY rating after receiving a total sum of 21 (Earnings = 4, Balance Sheet = 5, Cash Flow = 4, Corporate Governance = 3, and PEG Valuation = 5).
Mr. Dauber will be available after his presentation for one-on-one meetings. To schedule a meeting, please contact your Sidoti representative.
About Sidoti & Company, LLC
Sidoti & Company, LLC, founded in 1999, continues to set the Wall Street standard for independent small-cap equity research. Its analysts mine dozens of industries to provide unbiased, institutional-quality research focusing on the investment merits of profitable companies at a sub-$3 billion market cap. For more information or to register for the conference, please visit http://microcap.sidoti.com.
American Electric Technologies, Inc. AETI is a leading global provider of power delivery solutions to the energy industry. AETI offers M&I Electric™ power distribution and control products, electrical services, and E&I Construction services, as well as American Access Technologies zone enclosures, and Omega Metals custom fabrication services. South Coast Electric Systems L.L.C., a subsidiary, services Gulf Coast marine and vessel customers
AETI is headquartered in Houston and has global sales, support and manufacturing operations in Beaumont, Texas, Keystone Heights, Florida and Bay St. Louis, Mississippi. In addition, AETI has minority interests in three joint ventures in Xian, China, Singapore and Macae, Brazil. AETI's SEC filings, news and product/service information are available at www.aeti.com.
Forward Looking Statements
This press release contains forward-looking statements, as defined in Section 27A of the Securities Exchange Act of 1934, concerning anticipated future demand for our products, international expansion, and other future plans and objectives. While the Company believes that such forward-looking statements are based on reasonable assumptions, there can be no assurance that such future revenues, profits, plans and objectives will be achieved on the schedule or in the amounts indicated. Investors are cautioned that these forward-looking statements are not guarantees of future performance. Actual events or results may differ from the Company's expectations, and are subject to various risks and uncertainties, including those listed in Item 1A of the Form 10-K filed with the Securities and Exchange Commission on March 30, 2012. The Company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future events make it clear that any of the projected results expressed or implied herein will not be realized.
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