MEDINA, Ohio, Aug 13, 2002 /PRNewswire-FirstCall via COMTEX/ -- RPM, Inc.
(NYSE: RPM) today announced that, in accordance with the guidelines established
by the United States Securities and Exchange Commission (SEC), its Chairman and
Chief Executive Officer, Thomas C. Sullivan, and its Vice President, Chief
Financial Officer and Controller, Robert L. Matejka, will each sign sworn
statements for the SEC, pursuant to Commission Order No. 4-460, in the form
prescribed by the SEC and without qualification, on or before August 29, 2002,
when it files its latest annual report on Form 10-K.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010126/RPMLOGO )
"We have always taken our financial reporting responsibility seriously and stand
by the integrity of our public disclosures," said Sullivan.
On June 28, the SEC issued an order to the CEOs and CFOs of the 947 largest
public companies requiring certifications to be filed regarding the accuracy of
their company's financial statements and their consultations with the company's
audit committee. The certifications are required to be filed with the SEC by the
close of business on the first date a Form 10-Q or Form 10-K is required to be
filed on or after August 14, 2002. For calendar year- end companies, the
certifications are due August 14 with the second quarter Form 10-Q. For May 31
year-end companies, like RPM, the certifications are not due until August 29
with the Form 10-K filing. Copies of the sworn statements will be available on
RPM's web site, www.rpminc.com and at the SEC's web site,
www.sec.gov/rules/extra/ceocfo.htm , at the time of the filing.
RPM, Inc. is a world leader in specialty coatings serving both industrial and
consumer markets. RPM's industrial products including roofing systems, sealants,
corrosion control coatings, flooring coatings and specialty chemicals. Its
consumer products are used by professionals and do-it- yourselfers for home,
automotive and boat maintenance and by hobbyists. Leading industrial brands
include Stonhard, Tremco, Carboline, Day-Glo, Euco and Dryvit. Consumer brands
include Zinsser, Rust-Oleum, DAP, Varathane, Bondo and Testor.
This press release contains "forward-looking statements" relating to the
business of the Company. These forward-looking statements, or other statements
made by the Company, are made based on management's expectations and beliefs
concerning future events impacting the Company and are subject to uncertainties
and factors (including those specified below) which are difficult to predict
and, in many instances, are beyond the control of the Company. As a result,
actual results of the Company could differ materially from those expressed in or
implied by any such forward-looking statements. These uncertainties and factors
include (a) general economic conditions; (b) the price and supply of raw
materials, particularly titanium dioxide, certain resins, aerosols and solvents;
(c) continued growth in demand for the Company's products; (d) legal,
environmental and litigation risks inherent in the Company's construction and
chemicals businesses and risks related to insurance coverage inherent in the
Company's disclosed litigation; (e) the effect of changes in interest rates; (f)
the effect of fluctuations in currency exchange rates upon the Company's foreign
operations; (g) the potential impact of the euro currency conversion; (h) the
effect of non- currency risks of investing in and conducting operations in
foreign countries, including those relating to domestic and international
political, social, economic and regulatory factors; (i) risks and uncertainties
associated with the Company's ongoing acquisition and divestiture activities;
and other risks detailed in the Company's other reports and statements filed
with the Securities and Exchange Commission, including the risk factors set
forth in the Company's prospectus and prospectus supplement included as part of
the Company's Registration Statement on Form S-3 (File No. 333-77028), as the
same may be amended from time to time.
MAKE YOUR OPINION COUNT - Click Here
SOURCE RPM, Inc.
CONTACT: Glenn Hasman of RPM, Inc., +1-330-273-8820
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 212-782-2840
/Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/765075.html
Copyright (C) 2002 PR Newswire. All rights reserved.