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Digi International Announces Availability of Replay of Annual Shareholder Meeting.


MINNEAPOLIS Minneapolis (mĭn'ēăp`əlĭs), city (1990 pop. 368,383), seat of Hennepin co., E Minn., at the head of navigation on the Mississippi River, at St. Anthony Falls; inc. 1856.  -- Digi International Digi International was founded in 1985 as DigiBoard and is headquartered in Minnetonka, Minnesota, USA. The company went public as Digi International in 1989 and is traded on the NASDAQ National Market under the symbol DGII. [R] Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: DGII DGII Dirección General de Impuestos Internos
DGII Directorate General of Human Rights (EU)
DGII Deutschsprachige Gesellschaft für Intraokularlinsen-Implantation und refraktive Chirurgie (German) 
, www.digi.com), a leader in device networking Using an Ethernet LAN to interconnect sensors, instruments, machine tools, medical monitors, restaurant appliances, POS terminals and other devices. In the mid-1990s, Comtrol Corporation created the first "device server," which converts serial transmission to Ethernet, enabling  for business, announces that a replay of its 2009 annual meeting of shareholders, held on January 26, 2009, is now available and can be accessed through the investor relations Investor relations

The process by which the corporation communicates with its investors.
 section of Digi's website at www.digi.com or http://phx.corporate-ir.net/phoenix.zhtml?c=108535&p=irol-audioarchives.

In addition to the replay of the audio web cast, Digi has posted the shareholder meeting presentation and supplemental material, under the heading Supporting Materials at the same web page noted above. The web cast, shareholder presentation and supplemental material will be archived for 90 days following the date of the meeting.

About Digi International

Digi International, based in Minneapolis, is the leader in device networking for business. Digi develops reliable products and technologies that enable companies to connect and securely manage local or remote electronic devices over the network or via the web.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

The web cast and shareholder meeting presentation contain forward-looking statements that involve risks and uncertainties. These forward-looking statements are not a guarantee of the Company's financial performance. The Company's actual results could differ materially from those projected in any such forward-looking statement. Additional information concerning important factors that could cause results to differ materially from those in any such forward-looking statement is contained in the Company's reports on file with the Securities and Exchange Commission, including the risk factors described in the Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the fiscal year ended September 30, 2008 and in the Company's earnings press release for the first quarter of fiscal 2009.

The web cast and shareholder meeting presentation include a non-GAAP measure, earnings before taxes, in process research and development and non-cash acquisition related expenses, depreciation and amortization, as a percent of revenue.

We believe that earnings before taxes, in process research and development and non-cash acquisition related expenses, depreciation and amortization (EBTDA EBTDA Earnings Before Taxes, Depreciation and Amortization ), as a percent of revenue, provides a reliable and consistent approach to measuring our performance from year to year and in assessing our performance against other companies. We use EBTDA as a key performance indicator of how we are performing compared to prior periods and compared to our operating plan. In addition, our incentive compensation plans use EBTDA to measure operating performance. We also believe this non-GAAP measure helps investors compare operating results and corporate performance exclusive of the impact of our capital structure and the method by which assets were acquired. The use of EBTDA does not reflect the Company's cash expenditures, the cash requirements for the replacement of depreciated Depreciated may refer to:
  • Depreciation, in finance, a reference to the fact that assets with finite lives lose value over time
  • Depreciated is often confused or used as a stand-in for "deprecated"; see deprecation for the use of depreciation in computer software
 and amortized assets, or changes in cash requirements for the Company's working capital needs.

Please refer to the supplemental material which reconciles income before income taxes to earnings before taxes, in process research and development and non-cash acquisition related expenses, depreciation and amortization, in dollars and as a percent of revenue, for the previous nine quarters.

For more information, visit Digi's Web site at www.digi.com, or call 877-912-3444 (U.S.) or 952-912-3444 (International).
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Publication:Business Wire
Date:Jan 27, 2009
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