ATS shareholders approve all business at today's annual and special meeting
CAMBRIDGE, ON, Oct. 27 /CNW/ - ATS Automation Tooling Systems Inc.announced that its shareholders have approved all business brought beforetoday's annual and special meeting, as outlined in the Company's managementinformation circular.
The items approved by shareholders included:
- Approving the Company's IPO Reorganization for its solar business, Photowatt Technologies;
- Adopting the Company's 2006 Stock Option Plan, the amendments to the 1995 Stock Option Plan and employee share purchase plan; and
- Election of those nominated to serve as the Company's directors for the ensuing year: William Biggar, Gerald Hooper, Peter Janson, Ronald Jutras, Robert Luba, Nelson Sims and Lawrence Tapp.
ATS Automation Tooling Systems Inc. provides innovative, custom designed,built and installed manufacturing solutions to many of the world's mostsuccessful companies. Founded in 1978, ATS uses its industry-leading knowledgeand global capabilities to serve the sophisticated automation systems' needsof multinational customers in healthcare, computer/electronics, automotive andconsumer products. Through its solar business, ATS participates in therapidly-growing solar energy industry. It also leverages its many years ofrepetitive manufacturing experience and skills to produce, in high volume,precision components and subassemblies and to answer the specializedrepetitive equipment manufacturing requirements of customers. ATS employs approximately 3,800 people at 26 manufacturing facilities in Canada, theUnited States, Europe, southeast Asia and China. The Company's shares aretraded on the Toronto Stock Exchange under the symbol ATA. Visit the Company'swebsite at www.atsautomation.com.
For further information:
Carl Galloway, Vice President and Treasurer
Gerry Beard, Vice President and Chief Financial Officer