Business Services Industry

EFI Reports Results of 2009 Annual Shareholder Meeting

Business Wire, June 24, 2009

FOSTER CITY, Calif. -- 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.

[Table Omitted]

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.

Copyright Business Wire 2009
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Business Wire