NORTON, Mass., May 08, 2017 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or “the Company”), a global leader in the production of metal-matrix composite components, today announced that, at the Company’s 2017 Annual Meeting of Stockholders, stockholders of CPS voted to elect all of CPS’s director nominees: Grant C. Bennett, Francis J. Hughes, Jr., Daniel C. Snow and Thomas M. Culligan. Based on the results reported by an independent inspector of elections, in excess of 87% of votes cast at the Annual Meeting were in support of each of the Company’s four nominees.
Grant C. Bennett, Chief Executive Officer of CPS, said “CPS’s Board of Directors and management team thank our stockholders for their overwhelming support of our director nominees at the 2017 Annual Meeting. We believe the voting results and the positive feedback received throughout the Annual Meeting process underscore our stockholders’ confidence in the Board and management team in overseeing our strategy and vision of CPS. We look forward to achieving the significant opportunities that we expect are possible for CPS and to creating value for all stockholders.”
The certified election results will be made available on Form 8-K and filed with the U.S. Securities and Exchange Commission.
About CPS Technologies Corporation
CPS Technologies Corporation is a global leader in producing metal-matrix composite components used to improve the reliability and performance of various electrical systems. CPS products are used in motor controllers for hybrid and electric vehicles, high-speed trains, subway cars and wind turbines. They are also used as heatspreaders in internet switches, routers and high-performance microprocessors. CPS also develops and produces metal-matrix composite armor.
Safe Harbor
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