HOUSTON--(BUSINESS WIRE)--May 14, 2007--Hanover Compressor Company
(NYSE:HC), a global market leader in full service natural gas
compression and a leading provider of service, fabrication and
equipment for oil and natural gas production, processing and
transportation applications, will be presenting at the Bank of America
2007 Smid Cap Conference on Thursday, May 17, 2007 in Boston.
John Jackson, President and Chief Executive Officer, will be
presenting on Thursday, May 17 at 8:50 a.m. Eastern.
A webcast of Hanover's presentation and the presentation slides
will be available by going to the Company website (www.hanover-co.com)
and clicking on the webcast link or by clicking on this URL:
http://www.veracast.com/webcasts/bas/smidcap07/id69204147.cfm. The
webcast will be available for replay through Friday, June 1, 2007.
About Hanover Compressor Company
Hanover Compressor Company (NYSE:HC) is a global market leader in
full service natural gas compression and a leading provider of
service, fabrication and equipment for oil and natural gas production,
processing and transportation applications. Hanover sells and rents
this equipment and provides complete operation and maintenance
services, including run-time guarantees for both customer-owned
equipment and its fleet of rental equipment. Founded in 1990 and a
public company since 1997, Hanover's customers include both major and
independent oil and gas producers and distributors as well as national
oil and gas companies. More information can be found on the Internet
(www.hanover-co.com).
Additional Information
In connection with the proposed merger of Universal Compression
Holdings and Hanover Compressor Company, a registration statement of
the new company, Iliad Holdings, Inc., which includes preliminary
proxy statements of Universal and Hanover, and other materials, has
been filed with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO
CAREFULLY READ THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, WHICH IS
AVAILABLE NOW, AND THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND OTHER
MATERIALS REGARDING THE PROPOSED MERGER WHEN THEY BECOME AVAILABLE,
BECAUSE THEY CONTAIN AND WILL CONTAIN IMPORTANT INFORMATION ABOUT
UNIVERSAL, HANOVER, ILIAD HOLDINGS AND THE PROPOSED TRANSACTION.
Investors and security holders may obtain a free copy of the
preliminary proxy statement/prospectus and the definitive proxy
statement/prospectus when it is available and other documents
containing information about Universal and Hanover, without charge, at
the SEC's web site at www.sec.gov, Universal's web site at
www.universalcompression.com, and Hanover's web site at
www.hanover-co.com. Copies of the preliminary proxy
statement/prospectus, the definitive proxy statement/prospectus and
the SEC filings that are and will be incorporated by reference therein
may also be obtained for free by directing a request to either
Investor Relations, Universal Compression Holdings, Inc., 713-335-7000
or to Investor Relations, Hanover Compressor Company, 832-554-4856.
Participants in Solicitation
Universal and Hanover and their respective directors, officers and
certain other members of management may be deemed to be participants
in the solicitation of proxies from their respective stockholders in
respect of the merger. Information about these persons can be found in
Universal's Annual Report on Form 10-K, as amended by Amendment No. 1,
as filed with the SEC on March 1, 2007 and April 30, 2007,
respectively, and in Hanover's Annual Report on Form 10-K, as amended
by Amendment No. 1, as filed with the SEC on February 28, 2007 and
April 30, 2007, respectively. Additional information about the
interests of such persons in the solicitation of proxies in respect of
the merger is included in the preliminary proxy statement/prospectus
that has been filed with the SEC and will be included in the
definitive proxy statement/prospectus to be filed with the SEC in
connection with the proposed transaction.
Forward-Looking Statements
All statements in this announcement other than historical facts
are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements rely on a number of assumptions concerning future events
and are subject to a number of uncertainties and factors, many of
which are outside Hanover's control, which could cause actual results
to differ materially from such statements. Forward-looking information
includes, but is not limited to, statements regarding whether and when
the transactions contemplated by the merger agreement will be
consummated, the timing of the determination and publication of
Iliad's new name and headquarters and the expected impact of the
merger on Hanover's employees and operating results. Among the factors
that could cause results to differ materially from those indicated by
those forward-looking statements are the result of the review of the
proposed merger by various regulatory agencies and any conditions
imposed on the new company in connection with consummation of the
merger; failure to receive the approval of the merger by the
stockholders of Hanover and Universal, the satisfaction of various
other conditions to the closing of the merger contemplated by the
merger agreement and the failure to realize anticipated synergies from
the proposed merger. These forward-looking statements are also
affected by the risk factors, forward-looking statements and
challenges and uncertainties described in Hanover's Annual Report on
Form 10-K for the year ended December 31, 2006 and those set forth
from time to time in Hanover's filings with the Securities and
Exchange Commission, which are available through Hanover's website
www.hanover-co.com. Hanover expressly disclaims any intention or
obligation to revise or update any forward-looking statements whether
as a result of new information, future events, or otherwise, except as
required by law.
CONTACT: Hanover Compressor Company, Houston
Investor Relations Inquiries:
Stephen York, 832-554-4856
Vice President, Investor Relations and Technology
syork@hanover-co.com
SOURCE: Hanover Compressor Company