United Rentals to Present at the ISI Industrial Conference on Tuesday, March 8, 2011
Greenwich, CT - Mar 1, 2011
United Rentals, Inc. (NYSE: URI) today announced that it will participate in the ISI Industrial Conference on Tuesday, March 8, 2011. The conference will include a presentation by Michael Kneeland, chief executive officer and William Plummer, chief financial officer.
The presentation, which is scheduled to begin at 11:25 a.m. (EST), will be available via the following link: http://www.veracast.com/webcasts/isi/industrial2011/45105295.cfm.
The presentation may also be accessed on www.ur.com, where it will be archived for ninety days.
About United Rentals
United Rentals, Inc. is the largest equipment rental company in the world, with an integrated network of 531 rental locations in 48 states and 10 Canadian provinces. The company’s approximately 7,300 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers for rent approximately 2,900 classes of equipment with a total original cost of $3.79 billion. United Rentals is a member of the Standard & Poor’s MidCap 400 Index and the Russell 2000 Index® and is headquartered in Greenwich, Conn. Additional information is available at unitedrentals.com.
Senior Vice President of Investor Relations
and Corporate Communications
Office: (203) 618-7318
Cell: (917) 847-4507
Steve Lipin / Stan Neve
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the use of forward-looking terminology such as “believe,” “expect,” “may,” “will,” “should,” “seek,” “on-track,” “plan,” “project,” “forecast,” “intend” or “anticipate,” or the negative thereof or comparable terminology, or by discussions of vision, strategy or outlook. You are cautioned that our business and operations are subject to a variety of risks and uncertainties, many of which are beyond our control, and, consequently, our actual results may differ materially from those projected. Factors that could cause actual results to differ materially from those projected include, but are not limited to, the following: (1) the possibility that RSC or other companies that we have acquired or may acquire could have undiscovered liabilities or other unexpected costs, may strain out management capabilities, may be difficult to integrate or achieve synergies; (2) our our highly leveraged capital structure, which will increase as a result of the combination with RSC, requires us to use a substantial portion of our cash flow for debt service and can constrain our flexibility in responding to unanticipated or adverse business conditions; (3) a change in the pace of the recovery in our end markets which began late in the first quarter of 2010, particularly because our business is cyclical and highly sensitive to North American construction and industrial activities, and if the pace of the recovery slows or construction activity declines, our revenues and, because many of our costs are fixed, our profitability, may be adversely affected; (4) restrictive covenants in our debt agreements, which can limit our financial and operation flexibility; (5) noncompliance with financial or other covenants in our debt agreements, which could result in our lenders terminating our credit facilities and requiring us to repay outstanding borrowings; (6) inability to access the capital that our business or growth plans may require; (7) inability to manage credit risk adequately or to collect on contracts with a large number of customers; (8) the outcome or other potential consequences of regulatory matters and commercial litigation; (9) incurrence of additional expenses (including indemnification obligations) and other costs in connection with litigation, regulatory and investigatory matters; (10) turnover in our management team and inability to attract and retain key personnel; (11) rates we can charge and time utilization we can achieve being less than anticipated; (12) costs we incur being more than anticipated, and the inability to realize expected savings in the amounts or time frames planned; (13) competition from existing and new competitors; and (14) adverse developments in our existing claims or significant increases in new claims. For a more complete description of these and other possible risks and uncertainties, please refer to our Annual Report on Form 10-K for the year ended December 31, 2011, as well as to our subsequent filings with the SEC. Our forward-looking statements contained herein speak only as of the date hereof, and we make no commitment to update or publicly release any revisions to forward-looking statements in order to reflect new information or subsequent events, circumstances or changes in expectations.