Celerity Systems Announces Adjournment of Stockholder Meeting.Business Editors KNOXVILLE, Tenn.--(BUSINESS WIRE)--Sept. 19, 2000 Celerity ce·ler·i·ty n. Swiftness of action or motion; speed. See Synonyms at haste. [French célérité, from Old French, from Latin celerit Systems, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLRT CLRT Continuous Lateral Rotation Therapy CLRT Command Logistics Review Team CLRT Cranial Laser Release Technique ) today announced that at the Company's Annual Shareholder Meeting held on September 18, 2000, its stockholders voted to adjourn the meeting until Tuesday, October 17, 2000 at 10:00 a.m. in order to allow for further solicitation of proxy votes, which concerns the election of directors, changes to the Company's Certificate of Incorporation certificate of incorporation n. some states issue a certificate to prove a corporation's existence upon the filing of Articles of Incorporation. In most states the Articles are sufficient proof. , and ratification of auditors. The meeting was adjourned to give additional stockholders an opportunity to vote on these matters. Celerity Systems is a provider of advanced digital set top boxes and video servers for the interactive television and high speed Internet markets. Celerity can also provide end-to-end systems through strategic relationships with leading companies including Nortel, Cisco, Battelle Laboratories, Innovacom, Marconi, nCube, and Minerva Systems. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under 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: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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