StratoComm Corporation Shareholder Advisory
April 17 2009 - 4:20PM
PR Newswire (US)
ALBANY, N.Y., and EATONTOWN, N.J., April 17 /PRNewswire-FirstCall/
-- StratoComm Corporation (STCO) Chairman, Roger D. Shearer speaks
to rescheduling of planned shareholder meeting. (Logo:
http://www.newscom.com/cgi-bin/prnh/20071024/NYW094LOGO ) "With an
eye to keeping StratoComm on track for revenue and profitability
during 2009 I have decided to defer fixing a firm date for
StratoComm's initial shareholder meeting, previously postponed from
September of 2008" Roger D. Shearer, StratoComm CEO states. Shearer
continues, "To distract management and key personnel from focused
efforts to turn on initial services in Cameroon and continued
market development progress, would result with unacceptable
compromise to the company's move to revenue and profits for this
year. " "I clearly understand the importance and value of
conducting periodic shareholder meetings for the purpose of
addressing procedural matters and enabling shareholders to meet
with and interact with senior management," states, Shearer.
"However, foremost among my responsibilities as CEO is to guide
StratoComm in the manner that I determine to be in the best
interest of shareholders by prioritizing revenue, operating income
and continued market and technology development. Any shareholders
that care to make further inquiry or share views I welcome to
contact me directly or speak with Mr. Paul Cohen, Director of
Investor Relations," Shearer concludes. StratoComm Corporation is a
developer and provider of telecommunications infrastructure
technologies with a specific focus to the delivery of ubiquitous
and cost sensitive communication services to the developing world.
The company is further committed to the allocation of a portion of
each system's service capacity for the provision of low cost/no
cost social and economic outreach programs. Safe Harbor Disclosure
- This Press Release contains or incorporates by reference
"Forward-looking statements," including certain information with
respect to plans and strategies of StratoComm Corporation. For this
purpose, any statements regarding this announcement, which are not
purely historical, are forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995,
including StratoComm Corporation beliefs, expectations, hopes or
intentions regarding the future. All forward-looking statements are
made as of the date hereof and based on information available to
StratoComm Corporation as of such date. There are a number of
important factors that could cause actual events or actual results
of StratoComm Corporation and its subsidiaries to differ materially
from those indicated by such forward looking statements. Company
web site: http://www.stratocomm.net/
http://www.newscom.com/cgi-bin/prnh/20071024/NYW094LOGODATASOURCE:
StratoComm Corporation CONTACT: Roger D. Shearer, CEO,
+1-518-608-8940 ext. 15, Web Site: http://www.stratocomm.net/
Copyright