ASTROTECH CORPORATION ANNOUNCES RESULTS OF SPECIAL MEETING

Austin, TX (July 1, 2014) - 

Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial aerospace services, today announced the results of the Company's Annual Meeting of Shareholders held on June 26, 2014.

 

The shareholders of the Company’s common stock re-elected six directors to the Company’s Board of Directors. The Board of Directors now consists of Thomas B. Pickens III, Mark Adams, John A. Oliva, Sha-Chelle Manning, William F. Readdy, and Daniel T. Russler, Jr.

 

In addition to electing the board of directors, Astrotech shareholders ratified the appointment of Ernst & Young, LLP as independent auditors for the Company and approved the amendment to the Astrotech Corporation 2011 Stock Incentive Plan to increase the number of authorized shares.

 

Tabular presentation of the voting results from the Annual Meeting of Shareholders [PDF 25KB]

 

About Astrotech Corporation

Astrotech is a leader in identifying and commercializing space technology for terrestrial use. 1st Detect Corporation is developing what we believe is a breakthrough miniaturized mass spectrometer, the MMS-1000™, while Astrogenetix, Inc. is a biotechnology company utilizing microgravity as a research platform for drug discovery and development. Astral Images provides an advanced film scanning and digital defect removal solution. All are wholly owned subsidiaries of the parent.

 

This press release contains forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, continued government support and funding for key space programs, product performance and market acceptance of products and services, as well as other risk factors and business considerations described in the Company’s Securities and Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.

 

FOR MORE INFORMATION: 

 

Eric Stober
Chief Financial Officer
Astrotech Corporation
512.485.9530