Electronics For Imaging, Inc. (Nasdaq:EFII), the world leader in
customer-focused digital printing innovation, today reported that at the
Company's annual meeting of stockholders held on Friday, June 19th
at its headquarters in Foster City, California, stockholders voted to
re-elect all of EFI’s nominees to the Board of Directors.
In addition, stockholders approved the Company’s Amended and Restated
Employee Stock Purchase Program, the 2009 Equity Incentive Award Plan, a
one-time fair value option exchange program for employees other than
named executive officers and the ratification of the appointment of
PricewaterhouseCoopers LLP as the Company's independent registered
public accounting firm.
Guy Gecht CEO of EFI said, "We are pleased with this result and thank
our shareholders for their support. Our entire company continues to
focus on executing on our strategy and increasing EFI shareholders’
value through product innovation, market share gain and cost control."
Approximately 97% of outstanding shares entitled to vote were
represented at the meeting.
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The voting results of the shares cast at the meeting on the
election of Directors are as follows:
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Director
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Votes For
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% For
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Guy Gecht
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46,917,441
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98%
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Fred Rosenzweig
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46,224,052
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97%
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Gil Cogan
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41,757,077
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87%
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Thomas Georgens
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46,984,654
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98%
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James Greene
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46,934,351
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98%
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Richard Kashnow
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46,985,526
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98%
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Dan Maydan
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41,833,590
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88%
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The voting results on the proposals were: 99% in favor of the Company’s
Amended and Restated 2000 Employee Stock Purchase Program, 61% in favor
of the 2009 Equity Incentive Award Plan, 57% in favor of a one-time fair
value, stock option exchange program, and 99% in favor of the
ratification of appointment of the PricewaterhouseCoopers LLP for the
fiscal year ending December 31, 2009.
The complete results of the voting will be included in the next
quarterly report on Form 10-Q to be filed by the Company with the
Securities and Exchange Commission.
Safe Harbor for Forward Looking Statements
Certain statements in this press release are forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. Statements other than statements of historical fact including
words such as "anticipate”, "believe”, "estimate”, "expect”, "consider”
and "plan” and statements in the future tense are forward looking
statements. The statements in this press release that could be deemed
forward-looking statements include statements regarding our focus on
executing our strategy and increasing EFI stockholders’ value, and any
statements or assumptions underlying any of the foregoing.
Forward-looking statements are subject to certain risks and
uncertainties that could cause our actual future results to differ
materially, or cause a material adverse impact on our results, which
include, but are not necessarily limited to current world-wide
financial, economic and political difficulties and downturns, including
the ongoing contraction in credit, and adverse variations in foreign
exchange rates, that could affect demand for our products, as well as
the risk of bank failures, insolvency or illiquidity of other financial
institutions and other adverse conditions in financial markets that
could cause a loss of our cash deposits and invested cash and cash
equivalents; and any other risk factors that may be included from time
to time in the Company’s SEC reports.
The statements in this press release are made as of the date of this
press release. EFI undertakes no obligation to update information
contained in this press release. For further information regarding risks
and uncertainties associated with EFI’s businesses, please refer to the
section entitled "Factors That Could Adversely Affect Performance” in
the Company’s SEC filings, including, but not limited to, its annual
report on Form 10-K and its quarterly reports on Form 10-Q, copies of
which may be obtained by contacting EFI’s Investor Relations Department
by phone at 650-357-3828 or by email at investor.relations@efi.com
or EFI’s Investor Relations website at http://www.efi.com.
About EFI
EFI (www.efi.com)
is the world leader in customer-focused digital printing innovation.
EFI's award-winning solutions, integrated from creation to print,
deliver increased performance, cost savings and productivity. The
company's robust product portfolio includes Fiery® digital color print
servers; VUTEk® superwide digital inkjet printers, UV and solvent inks;
Rastek™ UV wide-format inkjet printers; Jetrion® industrial inkjet
printing systems; print production workflow and management information
software; and corporate printing solutions. EFI maintains 23 offices
worldwide.
NOTE TO EDITORS: EFI, Fiery, VUTEk, and Jetrion are registered
trademarks of Electronics For Imaging, Inc. in the U.S. Patent and
Trademark Office and/or certain other foreign jurisdictions. Rastek is a
trademark of Electronics For Imaging, Inc. All other trademarks
mentioned in this document are the property of their respective owners.