Board Elects R. Preston Roberts Chairman of the Board
Additionally, at the regularly scheduled meeting of the Board of Directors held in conjunction with the Annual Meeting, the Board elected
Mr. Roberts told those attending at the meeting that "I am honored to lead Veltex into the next phase and shareholders should expect to see developments in the near future as we are exploring all options available to us to augment shareholder worth. I am excited about working with this highly experienced and talented board of directors. This is a team long overdue at Veltex."
Veltex recently moved its corporate operations to 123 West Madison Avenue in
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Veltex or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
SOURCE Veltex Corporation