DALLAS, Sept. 12, 2012 /PRNewswire/ -- U.S. Home
Systems, Inc. ("USHS") announced today that it has established a
record date and a meeting date for a special meeting of its
stockholders to consider and vote upon, among other things, a
proposal to adopt the previously announced Agreement and Plan of
Merger dated as of August 6, 2012
(the "Merger Agreement"), between USHS, THD At-Home Services, Inc.
("Parent"), which is a wholly-owned subsidiary of The Home Depot,
Inc., and Umpire Acquisition Corp., a wholly-owned subsidiary of
Parent.
USHS stockholders of record at the close of business on
Friday, September 14, 2012, will be
entitled to notice of the special meeting and to vote at the
special meeting. The meeting will be held on Friday, October 26, 2012, at 10:00 a.m. central daylight time, at USHS'
offices at 2951 Kinwest Parkway, Irving,
Texas 75063.
About U.S. Home Systems, Inc.
U.S. Home Systems, Inc. manufactures or procures, designs, sells
and installs custom quality specialty home improvement products.
The company's product lines include kitchen cabinet refacing
products utilized in kitchen remodeling, bathroom tub liners and
wall surround products utilized in bathroom remodeling, and storage
organization systems for closets and garages. The company
manufactures its own cabinet refacing products and bathroom
cabinetry. The company employs more than 1,000 associates and
operates a nationwide network of over 40 branch offices.
USHS' stock is traded on the NASDAQ Global Market (NASDAQ:
USHS).
Forward-Looking Statements
Certain statements contained in this document contain
forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All statements,
other than statements of historical facts, including, among others,
statements regarding the anticipated merger, are forward-looking
statements. Those statements include statements regarding the
intent, belief or current expectations of USHS and members of its
management team, as well as the assumptions on which such
statements are based, and generally are identified by the use of
words such as "may," "will," "seeks," "anticipates," "believes,"
"estimates," "expects," "plans," "intends," "should" or similar
expressions. Forward-looking statements are not guarantees of
future performance and involve risks and uncertainties that actual
results may differ materially from those contemplated by such
forward-looking statements. Many of these factors are beyond USHS'
ability to control or predict. Such factors include, but are not
limited to, any conditions imposed in connection with the merger,
approval of the Merger Agreement by USHS' stockholders, the
satisfaction of various other conditions to the closing of the
merger, and other factors discussed in USHS' Annual Report on Form
10-K for the fiscal year ended December 31,
2011 and USHS' Quarterly Report on Form 10-Q for the
quarterly period ended June 30, 2012,
and other USHS filings with the Securities and Exchange Commission
(the "SEC"). These risks and uncertainties should be considered in
evaluating any forward-looking statements contained herein.
Additional Information
In connection with the proposed merger and required stockholder
approval, USHS has filed a preliminary proxy statement with the
SEC. USHS will also file the definitive proxy statement and
other materials with the SEC. INVESTORS AND SECURITY HOLDERS
ARE ADVISED TO READ THE PROXY STATEMENT AND OTHER RELEVANT
MATERIALS WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION ABOUT USHS AND THE MERGER. Investors and
security holders may obtain free copies of these documents (when
they are available) and other documents filed with the SEC at the
SEC's web site at www.sec.gov. In addition, the documents filed by
USHS with the SEC may be obtained free of charge by contacting
Robert A. DeFronzo, at 2951 Kinwest
Parkway, Irving Texas 75063. USHS
filings with the SEC are also available on its website at
www.ushomesystems.com.
Participants in the Solicitation
USHS and its officers and directors may be deemed to be
participants in the solicitation of proxies from USHS stockholders
with respect to the merger. Information about USHS officers and
directors and their ownership of the USHS common stock is set forth
in USHS' preliminary proxy statement filed with the SEC on
August 31, 2012. Investors and
security holders may obtain more detailed information regarding the
direct and indirect interests of USHS and its officers and
directors in the merger by reading the definitive proxy statements
regarding the merger, which will be filed by USHS with the SEC.
For more information, contact:
Contacts:
|
|
U.S.
Home Systems, Inc.
|
|
Murray H.
Gross
|
Brett
Maas
|
Chairman
& CEO
|
Hayden
IR
|
Email:
mgross@ushomesystems.com
|
Email:
brett@haydenir.com
|
(214)
488-6300
|
(646)
536-7331
|
SOURCE U.S. Home Systems, Inc.