PORTLAND, Ore., Nov. 23, 2020
/PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the
"Company" or "Schmitt") reminds its shareholders that Schmitt's
2020 annual meeting (the "Annual Meeting") will be held on
December 10, 2020, at 8:30 a.m. Pacific Time, at Schmitt's offices at
2765 N.W. Nicolai Street,
Portland, Oregon 97210. Following
the Annual Meeting, the Company will host a virtual video
conference for all shareholders at 9:30 a.m.
Pacific Time, during which Schmitt management will provide
an update regarding Schmitt's business.
To attend the virtual video conference, attendees should
virtually join the zoom meeting at:
https://us02web.zoom.us/j/89298749486?pwd=bm5odjdLVXdVZS91UW1la3g5WEVtdz09
Meeting ID: 892 9874 9486
Passcode: 122020
The Company will post a transcript of the videoconference on
Schmitt's website after the conclusion of the call.
There is no requirement to attend the virtual shareholder
update. To attend the in-person Annual Meeting, shareholders will
be required to adhere to strict COVID-19 procedures which may
include temperature checks and COVID-19 checklists, and each
attendee will be required to wear a face mask. As described in the
proxy materials for the Annual Meeting that were previously
distributed, shareholders are entitled to attend the Annual Meeting
if they were a shareholder of the Company as of the close of
business on November 2, 2020, the
record date. Whether or not a shareholder plans to attend the
Annual Meeting, Schmitt urges all shareholders to vote and submit
their proxy in advance of the Annual Meeting by one of the methods
described in the proxy materials for the Annual Meeting that were
previously provided.
About Schmitt Industries
Schmitt Industries, Inc., founded in 1987, designs, manufactures
and sells high precision test and measurement products, solutions
and services through its Acuity® and Xact® product lines. Acuity
provides laser and white light sensor distance measurement and
dimensional sizing products, and our Xact line provides
ultrasonic-based remote tank monitoring products and related
monitoring revenues for markets in the Internet of Things
environment. The Company also owns and operates Ample Hills
Creamery, a beloved ice cream manufacturer and retailer based in
Brooklyn, NY.
Safe Harbor Statement
This document may contain forward-looking statements made
pursuant to the Private Securities Litigation Reform Act of 1995.
These statements are not guarantees of future performance and
involve risks and uncertainties that are difficult to predict.
Actual outcomes and results may differ materially from what is
expressed or forecasted in such forward-looking statements due to
numerous factors. A complete discussion of the risks and
uncertainties that may affect Schmitt's business, including the
business of its subsidiary, is included in "Risk Factors" in the
Company's most recent Annual Report on Form 10-K as filed by the
Company with the Securities and Exchange Commission.
For more information
contact:
|
Michael R. Zapata,
President and CEO
Phillip Bosco, CFO
and Treasurer
(503)
227-7908
|
|
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SOURCE Schmitt Industries, Inc.