AltiGen Postpones Special Meeting of Stockholders; Announces New Location for Headquarters and Special Meeting
| Source: AltiGen Communications
FREMONT, CA--(Marketwire - May 22, 2009) - AltiGen Communications, Inc. (NASDAQ : ATGN ), a
leading provider of 100 percent Microsoft-based VoIP business phone systems
and Unified Communications solutions, announced today that it has postponed
its previously scheduled special meeting of stockholders from May 26, 2009
to June 18, 2009, at 10 a.m., local time. The location of such meeting has
also been changed to 410 East Plumeria Drive, San Jose, CA 95134, which
will be the company's new headquarters effective June 1, 2009. The
postponement was made to provide adequate time for AltiGen to present
additional information to its stockholders in light of certain recent
public comments made by one of the company's existing stockholders and to
provide AltiGen stockholders sufficient time to consider all relevant
information and vote accordingly. Additionally, it has become apparent
that additional votes would be required in order to attain a necessary
quorum of stockholders at the originally scheduled meeting date.
AltiGen filed its definitive proxy materials for the special meeting of
stockholders on April 27, 2009, which set forth proposals to (i) adopt a
new 2009 Equity Incentive Plan and (ii) adopt a new 2009 Employee Stock
Purchase Plan. If you have previously submitted your proxy card and do not
wish to change your vote, no further action is required by you at this
time. If you would like to change your vote, please refer to the
instructions provided in the proxy materials which are available at
http://www.sec.gov. The record date for stockholders entitled to vote at
the special meeting remains April 23, 2009.
About AltiGen Communications
AltiGen Communications, Inc. (NASDAQ : ATGN ) is a leading provider of 100%
Microsoft-based VoIP business phone systems and Unified Communications
solutions. Having more than 10,000 customers around the world, AltiGen
solutions are designed for high reliability, ease of use, seamless
integration to Microsoft infrastructure technologies, and are built on a
scalable, open standards platform. AltiGen's worldwide headquarters is in
Silicon Valley, California, with international operations based in
Shanghai, China. Local sales, service and support are provided by AltiGen's
worldwide network of over 300 certified partners. For more information,
call 1-888-ALTIGEN or visit the web site at www.altigen.com.