WALL, N.J., Nov. 19 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (OTC Bulletin Board: BKYI), a leader in wireless public safety and finger-based biometric identification solutions, announced that the Special Shareholder Meeting held today was adjourned without any action being taken because a quorum was not present.
While an impressive 99.3% of the 35 million votes cast voted in favor of the Board of Directors proposal to sell the Company's Law Enforcement Division, the total votes cast were 3.5% or about 3 million shares less than the quorum required to pass the motion.
As a result, the Special Shareholder Meeting was adjourned and a new date of December 3, 2009 has been set for a new Special Shareholder Meeting.
Tom Colatosti, BIO-key's Chairman said, "Your vote is very important. If you have not already done so, we urge you to date, sign and promptly return the proxy card whether or not you plan to attend the special meeting in person on December 3, 2009."
Additional proxy card or copies of the proxy statement are available and can be obtained, without charge, by directing a request to BIO-key International, Inc., 300 Nickerson Road, Marlborough, MA 01752, Attn: Karen Hicks, or by calling Karen Hicks at 508-460-4012 or via email to Karen.firstname.lastname@example.org. Copies of the proxy statement are also available for review at http://www.stocktrans.com/eproxy/biokeyinternationalsp2009
BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions and information services to law enforcement departments, public safety agencies, government and private sector customers.
|SOURCE BIO-key International, Inc.|
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