Schmitt Industries Announces Annual Meeting Date
July 23 2014 - 12:27PM
Schmitt Industries (Nasdaq:SMIT) announced today that its Annual
Meeting of Shareholders will be held on Friday, October 3, 2014 at
3:00 p.m. local time, at the Company's headquarters at 2765 NW
Nicolai St., Portland, Oregon.
At the meeting, shareholders will be asked to elect one Director
for a three year term and to transact such other business as may
properly come before the meeting. Shareholders of record as of the
close of business on August 18, 2014 are entitled to receive notice
of, attend and vote at the Annual Meeting of Shareholders.
About Schmitt Industries
Schmitt Industries, Inc. (the Company) designs, manufactures and
sells high precision test and measurement products for two main
business segments: the Balancer Segment and the Measurement
Segment. For the Balancer Segment, the Company designs,
manufactures and sells computer-controlled vibration detection,
balancing and process control systems for the worldwide machine
tool industry, particularly for grinding machines. For the
Measurement Segment, the Company designs, manufactures and sells
laser and white light sensors for distance, dimensional and area
measurement for a wide variety of commercial applications,
laser-based microroughness measurement products for the
semiconductor wafer and hard disk drive industries and for other
industrial applications, laser-based surface analysis and
measurement products for a variety of scientific applications, and
ultrasonic measurement products that accurately measure the liquid
levels of propane tanks and transmit that data via satellite to a
secure web site for display. The Company also provides sales
and service for Europe and parts of Asia through its wholly owned
subsidiary, Schmitt Europe Limited (SEL), located in Coventry,
England and through its sales representative office located in
Shanghai, China.
CONTACT: Ann M Ferguson, CFO and Treasurer: 503-227-7908
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