California Micro Devices announces results of annual shareholders' meeting.MILPITAS, Calif.--(BUSINESS WIRE)--Sept. 15, 1995--California Micro Devices Corporation, (NASDAQ/NMS: CAMD CAMD Center for Advanced Microstructures and Devices CAMD Clean Air Markets Division (US EPA) CAMD Computer-Assisted Molecular Design CAMD Chemical Agent and Munitions Disposal CAMD Carl Asmis Memorial Dressage Association ) headquartered here, announced results of the votes conducted at the Company's Annual Meeting of Shareholders held on September 15. Five of the directors nominated for Board of Directors, Dr. Angel Jordan, Jeffrey Kalb, Wade Meyercord, Dr. C was a fictional scientist from the TV series Cro. She and her companion, Mike, went to the Arctic and thawed out a mammoth, who could talk. That mammoth now tells stories of life in the stone age with his friend, Cro, and his fellow mammoths. .K.N. Patel and Stuart Schube, were elected. David Schoon, nominee of Chan Desalgoudar who owns 22% of outstanding shares of the Company was also elected through implementation of cumulative voting A method of election of the board of directors used by corporations whereby a stockholder may cast as many votes for directors as he or she has shares of stock, multiplied by the number of directors to be elected. . Shareholders also approved the Company's 1995 Employee Stock Purchase Plan, 1995 Stock Option Plan and 1995 Non-Employee Director Stock Option Plan and ratified the appointment of Ernst & Young, LLP LLP - Lower Layer Protocol as the independent auditors of the Company. Wade Meyercord, Chairman, stated that he was gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. by the fact that more than 99% of the shareholders were present at the meeting or represented by proxy. At the meeting, Meyercord also announced that in the class action suits filed in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden against the Company, the court recently issued an order allowing a survey of the largest shareholders of the reported case to determine if there is support for the settlement and fee proposal submitted to the court. If the survey is favorable, the court could preliminarily approve the proposal settlement and fee proposal, but there can be no assurance that the court will agree to the proposed settlement and fee proposal even if the survey is favorable. California Micro Devices is a designer, manufacturer and marketer of integrated passive electronic components, which it calls IPEC IPEC International Programme on the Elimination of Child Labour IPEC International Pharmaceutical Excipients Council IPEC International Power Electronics Conference IPEC International Power Engineering Conference IPEC Integrated Petroleum Environmental Consortium (TM). CMD's silicon-based, thin film products are smaller, faster and integrate well into the major electronic industry trends toward smaller, portable equipment, higher frequencies and greater functionality. CONTACT: California Micro Devices, Milpitas Jeffrey C. Kalb, 408/263-3214 or Equity Communications Ira Weingarten, 805/897-1880 |
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