BCT International, Inc. Announces Adjournment of Shareholders Meeting.Business Editors FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov. 26, 2003 BCT BCT Brigade Combat Team BCT Basic Combat Training BCT Best Conventional Pollutant Control Technology (EPA) BCT Business Cards Tomorrow BCT Banque Centrale de Tunisie (Central Bank of Tunisia) International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BCTI BCTI Business Computer Training Institute BCTI Battlefield Control Terminal Interface ) announced today that it has adjourned until December 5, 2003, its November 26, 2003 shareholders meeting, scheduled to vote on the Company's proposed merger with Phoenix Acquisition Corp., a corporation owned by the Company's Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , William A. Wilkerson. The adjournment is for the purpose of soliciting additional proxies in order to satisfy the requirement that the merger be approved by shareholders holding a majority of the shares not owned by Phoenix Acquisition Corp. and its affiliates (the "Minority Shares"). As of November 26, 2003, 51% of the Minority Shares were voted, with 93% in favor of the merger and 7% opposed. BCT International, Inc. is a holding company which, through its paper products division and its Business Cards Tomorrow franchises, operates a wholesale printing chain. The Company is headquartered in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. and its common stock is traded on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol "BCTI." This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, regulatory approvals of the merger and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. |
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