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ATS Shareholders Approve All Business at Annual and Special Meeting
ATS Automation Posted 11/03/2006
CAMBRIDGE, ON, - ATS Automation Tooling Systems Inc. announced that its shareholders have approved all business brought before the October 27th annual and special meeting, as outlined in the Company's management information circular.
The items approved by shareholders included:
- Approving the Company's IPO Reorganization for its solar business, Photowatt Technologies;
- Adopting the Company's 2006 Stock Option Plan, the amendments to the 1995 Stock Option Plan and employee share purchase plan; and
- Election of those nominated to serve as the Company's directors for the ensuing year: William Biggar, Gerald Hooper, Peter Janson, Ronald Jutras, Robert Luba, Nelson Sims and Lawrence Tapp.
ATS Automation Tooling Systems Inc. provides innovative, custom designed, built and installed manufacturing solutions to many of the world's most successful companies. Founded in 1978, ATS uses its industry-leading knowledge and global capabilities to serve the sophisticated automation systems' needs of multinational customers in healthcare, computer/electronics, automotive and consumer products. Through its solar business, ATS participates in the rapidly-growing solar energy industry. It also leverages its many years of
repetitive manufacturing experience and skills to produce, in high volume, precision components and subassemblies and to answer the specialized repetitive equipment manufacturing requirements of customers. ATS employs approximately 3,800 people at 26 manufacturing facilities in Canada, the United States, Europe, southeast Asia and China. The Company's shares are traded on the Toronto Stock Exchange under the symbol ATA. Visit the Company's website at www.atsautomation.com.