INFICON Holding AG Reports on Successful AGM
- Shareholders approve all proposals of the Board of Directors
- Threshold for the tabling of agenda items lowered to CHF 500,000
- Adoption of a one-year term of office for members of the Board of Directors
- Re-election of board members
- Payment of cash dividend of CHF 6.00 per share
Bad Ragaz/Switzerland, May 5, 2009. INFICON Holding AG's (SIX Swiss Exchange: IFCN) shareholders approved today all resolutions proposed by the Board of Directors at the company's Annual General Meeting held in Bad Ragaz, Switzerland. This included the approval of a lower and more shareholder-friendly threshold to add agenda items and the adoption of a one-year term of office for members of the Board of Directors. INFICON will pay a cash dividend of CHF 6.00 per share for the financial year 2008 with a payment and ex-dividend date of May 12, 2009.
Shareholders of INFICON, a leading provider of instrumentation and process control software for advanced industrial vacuum processes, approved all proposals put forward by the Board of Directors at today's Annual General Meeting.
Strengthening shareholder rights
INFICON's shareholders approved to lower the threshold of represented shares to add agenda items to CHF 500,000, which lies below the minimum of CHF 1 million set forth by the law. In addition, shareholders agreed to adopt the one-year term of office for Board members, down from previously three years. The proposal underscores INFICON's commitment to transparency and shareholder rights.
Re-election of Board members
The members of the Board of Directors Richard Fischer, Mario Fontana, and Paul Otth, were re-elected for a term of office of one year. Messrs. Gustav Wirz and Thomas Staehelin remain elected until their term of office ends at the Ordinary General Meeting for fiscal year 2009, which will take place in 2010. Gustav Wirz will continue to serve as Chairman of the Board.
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ABOUT INFICON
INFICON is a leading provider of innovative instrumentation, critical sensor technologies, and advanced process control software that enhance the productivity and quality of sophisticated vacuum processes in highly specialized markets. These analysis, measurement and control products are essential for gas leak detection in air conditioning/refrigeration/automotive manufacturing. They are vital to original equipment manufacturers (OEMs) and end-users in the complex fabrication of semiconductors and thin film coatings for flat panel displays, solar cells, magnetic and optical storage media, scientific and consumer optics, and architectural glass coatings. Other industrial users of our vacuum technology include the life sciences, research, aerospace, food packaging, heat treating, sterilization, and laser cutting. We also leverage our expertise in vacuum technology to provide unique, toxic chemical analysis products for emergency response, security, and environmental monitoring. INFICON has world-class manufacturing facilities in Europe, the United States, and China and subsidiaries in China, France, Germany, Japan, Korea, Liechtenstein, Singapore, Switzerland, Taiwan, the United Kingdom and the United States. INFICON registered shares (IFCN) are listed on the SIX Swiss Exchange. For more information about INFICON and its products, please visit www.inficon.com.
This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.