Tioga Technologies Announces 2003 Annual General Meeting.Business Editors/High-Tech Writers TEL AVIV, Israel--(BUSINESS WIRE)--Aug. 5, 2003 Tioga Technologies Ltd. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: TIGA (Texas Instruments Graphics Architecture) An earlier graphics standard from TI that provided a resolution-independent interface between the application and graphics processor. See 34010. ) today announced that its 2003 Annual General Meeting of Shareholders will be held on Thursday, August 28, 2003 at 2:00 p.m. (Israel time), at the offices of the Company, 126 Yigal Allon Street, Tel Aviv, Israel. The record date for the meeting is July 21, 2003. Tioga has sent to its shareholders of record a proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. describing the various matters to be voted upon at the meeting, along with a proxy card enabling them to indicate their vote on each matter. The agenda of the meeting is as follows: (1) election of Eric Paneth and Izhak Tamir to the board of directors; (2) election of Harel Kodesh and Irit Gal as outside directors; (3) approval of the compensation of the outside directors; (4) approval of D&O liability insurance covering directors; (5) approval for Izhak Tamir to serve as both Chairman of the Board and Chief Executive Officer for a period of up to three years; (6) amendment of the Memorandum and Articles of Association changing the name of the Company; (7) reappointment reappointment Hospital practice The renewal of medical staff membership and privileges of a practitioner whose previous service on the medical staff has met the staff's standard of Pt care. See Appointment. of Kost Forer & Gabbay, a member of Ernst & Young, as the Company's independent auditors; and (8) consideration of the Company's 2002 audited financial statements. The Company proposes to change its name to "Tikcro Ltd.", subject to applicable approvals, and will announce its new name and trading symbol Trading symbol See: Ticker symbol once they are final. About Tioga Technologies: Until April 2003 with the closing of the Assets Transaction with STMicroelectronics, Tioga Technologies Ltd. developed standard integrated circuits (ICs) for broadband communications applications. Substantially all of its assets and related liabilities were sold to STMicroelectronics. Tioga is headquartered in Tel Aviv, Israel. 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 Certain of the statements contained herein may be considered forward-looking statements that involve risks and uncertainties including, but not limited to, risks related to the asset purchase agreement with STM (Scanning Tunneling Microscope) A microscope that can image down to the atomic level. An STM uses a piezoelectric tube with a tiny sharp tip at the end that is moved within nanometers of the object being sampled. and risks of operations in Israel. Such risks and uncertainties are set forth in the Company's SEC reports including the Company's Form 20-F. Results of operations in any past period should not be considered indicative of the results to be expected for future periods. |
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