KMA Kmg Amer Corp

KMG America Reports Net Income for First-Quarter 2005 MINNEAPOLIS, May 12 /PRNewswire-FirstCall/ -- KMG America Corporation (NYSE:KMA) will hold its quarterly conference call to discuss first quarter results for 2005. The conference call will be held on Monday, May 16, 2005 at 10:00 a.m. EDT. KMG America is a holding company which acquired Kanawha Insurance Company and its operating subsidiaries in December 2004. KMG America provides group and voluntary benefits and administrative solutions to employees nationwide. This call is being webcast by Thomson/CCBN and can be accessed from KMG America's website, http://www.kmgamerica.com/ . Please click on "Analyst/Investor" and there will be a link on the top right for the "Q1 2005 KMG AMER CORP Earnings Conference Call". Please register approximately 5 minutes prior to the call. A rebroadcast will be available after noon on May 16 and may be accessed using the same instructions. The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com/ , Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents ( http://www.streetevents.com/ ). This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions that may cause KMG America Corporation's actual results to differ materially from those expressed in the forward- looking statements including, but not limited to: implementation of our business strategy; hiring and retaining key employees; predicting and managing claims and other costs; fluctuations in our investment portfolio; financial strength ratings of our insurance subsidiary; government regulations, policies and investigations affecting the insurance industry; competitive insurance products and pricing; reinsurance costs; fluctuations in demand for insurance products; possible recessionary trends in the U.S. economy; and other risks that are detailed from time to time in reports filed by the company with the Securities and Exchange Commission. DATASOURCE: KMG America Corporation CONTACT: Sylvia Knight of KMG America Corporation, +1-888-313-4534, ext. 5956, Web site: http://www.kmgamerica.com/

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