Document Capture Technologies, Inc. Announces Results of Annual Meeting Held on October 3, 2008
08 Octubre 2008 - 7:30AM
PR Newswire (US)
SAN JOSE, Calif., Oct. 8 /PRNewswire-FirstCall/ -- On October 3,
2008, Document Capture Technologies, Inc. (OTC:DCMT) (BULLETIN
BOARD: DCMT) , a leading provider of secure document capture
solutions, held its annual meeting of stockholders, whereby its
stockholders were asked to vote on the following proposals: 1. To
elect each of Edward Straw, David Clark, William Hawkins, Darwin Hu
and Frank Musso to serve as directors of the Company until the next
annual meeting of stockholders or until their successors have been
duly elected or appointed and qualified. 2. To vote to approve an
increase in the number of shares of common stock authorized for
issuance under the Company's 2006 Stock Option Plan from 1,500,000
to 2,500,000. 3. To vote to ratify the appointment by the Company's
Board of Directors of Clancy and Co., P.L.L.C., to serve as the
Company's independent auditors for the year ended December 31,
2008. Each of the proposals set forth above were approved by the
stockholders and received the requisite number of votes to approve
the proposed actions. Edward Straw, Chairman of the Board of
Directors, said "In these challenging times, our responsibilities
to our shareholders are greater than ever and we greatly appreciate
the strong confidence they have shown in our Company. We are
dedicated to fulfilling our responsibilities to our shareholders
and we look forward to the coming year." About Document Capture
Technologies, Inc. Document Capture Technologies, Inc. (OTCBB:
DCMT.OB), headquartered in San Jose, Calif., designs and
manufactures document capture solutions for OEM customers
worldwide. The Company currently manufactures over 30 proprietary
document capture products and has become one of the world's largest
private-label manufacturers of USB-powered mobile document scanning
devices. The Company's growing intellectual property portfolio in
document capture includes key patents with additional patents
pending. Forward-Looking Statements Statements contained in this
press release, which are not historical facts, are forward-looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based largely on current expectations and are subject to a number
of known and unknown risks, uncertainties and other factors beyond
the Company's control that could cause actual events and results to
differ materially from these statements. These risks include,
without limitation, that there can be no assurance that any
strategic opportunities will be available to the Company and that
any strategic opportunities may only be available on terms not
acceptable to the Company. These statements are not guarantees of
future performance, and readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this release. Document Capture Technologies, Inc.
undertakes no obligation to update publicly any forward-looking
statements. Company Contact: Document Capture Technologies, Inc.
David P. Clark (408) 213-3701 Investor Contact: Hayden
Communications, Inc. Peter Seltzberg (212) 946-2849 DATASOURCE:
Document Capture Technologies, Inc. CONTACT: David P. Clark of
Document Capture Technologies, Inc., +1-408-213-3701, ; or Peter
Seltzberg of Hayden Communications, Inc., +1-212-946-2849, , for
Document Capture Technologies, Inc.
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