Fuel Tech Adjourns Annual Meeting of Stockholders to June 16, 2020
May 05 2020 - 3:10PM
Business Wire
Fuel Tech, Inc. (NASDAQ: FTEK) (or “the Company”), a
technology company providing advanced engineering solutions for the
optimization of combustion systems, emissions control and water
treatment in utility and industrial applications, today announced
that it would adjourn its annual meeting of stockholders (“annual
meeting”) to June 16, 2020 at 10:00 a.m. (Warrenville, Illinois
time) at the Company’s corporate headquarters in Warrenville,
Illinois. The annual meeting was originally scheduled for May 20,
2020, but in light of current public health concerns related to
COVID-19 and related public health measures, the Company considers
it prudent to delay the annual meeting. Stockholders should not
travel to the Company’s offices on the original date.
At the annual meeting on June 16, the Company expects that
in-person attendance will be possible consistent with social
distancing requirements. In order to facilitate stockholder
participation, the Company will host a conference call for those
wishing to listen in. Interested parties may call into the annual
meeting by using the dial-in information shown below. However, the
Company expects that the meeting will be briefer than normal and be
limited to the items to be voted on at the annual meeting. The
Company does not intend to have management make a presentation.
Stockholders of record on March 23, 2020, the original record date,
may continue to vote in person or by proxy until June 16, 2020.
Consistent with guidance by the State of Delaware and the U.S.
Securities and Exchange Commission, the Company will not be mailing
additional proxy materials with respect to the new annual
meeting.
Additional information regarding the annual meeting including
the proposals to be voted on can be found in the Company’s proxy
statement on Schedule 14A, which was filed with the Securities and
Exchange Commission on March 25, 2020. A copy may be obtained free
of charge at www.sec.gov
The Company continues to monitor current public health measures
and if it considers it prudent, the Company may further adjourn the
annual meeting to a different time or place. If so, the Company
will issue a further press release announcing any such additional
changes.
Whether or not you plan to attend the annual meeting, we urge
you to vote and submit your proxy in advance of the meeting by one
of the methods described in the proxy materials previously
distributed to you in connection with the annual meeting. Any proxy
card included with the proxy materials previously distributed will
not be updated to reflect the change in date and may continue to be
used to vote your shares in connection with the annual meeting. If
you have already voted, no additional action is required.
Dial-In Information
for Fuel Tech, Inc. Annual Meeting of Stockholders:
US Toll Dial-In: 1.888.839.0965
Participant Passcode: 33892030 then #
Int’l Dial-In: +1.617.597.4110
Country toll or toll-free numbers for
international callers:
http://www.btconferencing.com/globalaccess/?bid=268_public
About Fuel Tech
Fuel Tech develops and commercializes state-of-the-art
proprietary technologies for air pollution control, process
optimization, water treatment, and advanced engineering services.
These technologies enable customers to operate in a cost-effective
and environmentally sustainable manner. Fuel Tech is a leader in
nitrogen oxide (NOx) reduction and particulate control technologies
and its solutions have been in installed on over 1,200 utility,
industrial and municipal units worldwide. The Company’s FUEL CHEM®
technology improves the efficiency, reliability, fuel flexibility,
boiler heat rate, and environmental status of combustion units by
controlling slagging, fouling, corrosion and opacity. Water
treatment technologies include DGI™ Dissolved Gas Infusion Systems
which utilize a patented nozzle to deliver supersaturated oxygen
solutions and other gas-water combinations to target process
applications or environmental issues. This infusion process has a
variety of applications in the water and wastewater industries,
including remediation, aeration, biological treatment and
wastewater odor management. Many of Fuel Tech’s products and
services rely heavily on the Company’s exceptional Computational
Fluid Dynamics modeling capabilities, which are enhanced by
internally developed, high-end visualization software. For more
information, visit Fuel Tech’s web site at www.ftek.com.
NOTE REGARDING
FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” as
defined in Section 21E of the Securities Exchange Act of 1934, as
amended, which are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995 and reflect
Fuel Tech’s current expectations regarding future growth, results
of operations, cash flows, performance and business prospects, and
opportunities, as well as assumptions made by, and information
currently available to, our management. Fuel Tech has tried to
identify forward-looking statements by using words such as
“anticipate,” “believe,” “plan,” “expect,” “estimate,” “intend,”
“will,” and similar expressions, but these words are not the
exclusive means of identifying forward-looking statements. These
statements are based on information currently available to Fuel
Tech and are subject to various risks, uncertainties, and other
factors, including, but not limited to, those discussed in Fuel
Tech’s Annual Report on Form 10-K in Item 1A under the caption
“Risk Factors,” and subsequent filings under the Securities
Exchange Act of 1934, as amended, which could cause Fuel Tech’s
actual growth, results of operations, financial condition, cash
flows, performance and business prospects and opportunities to
differ materially from those expressed in, or implied by, these
statements. Fuel Tech undertakes no obligation to update such
factors or to publicly announce the results of any of the
forward-looking statements contained herein to reflect future
events, developments, or changed circumstances or for any other
reason. Investors are cautioned that all forward-looking statements
involve risks and uncertainties, including those detailed in Fuel
Tech’s filings with the Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20200505005910/en/
Ellen Albrecht Principal Financial Officer (630) 845-4500
Devin Sullivan Senior Vice President The Equity Group Inc. (212)
836-9608
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