Cooper Cameron Shareholders Approve Change of Company's Name to Cameron
May 05 2006 - 12:26PM
PR Newswire (US)
HOUSTON, May 5 /PRNewswire-FirstCall/ -- At Cooper Cameron
Corporation's (NYSE:CAM) annual meeting today, shareholders
approved changing the Company's name to Cameron International
Corporation ("Cameron"). Shareholders also reelected three
directors, ratified the appointment of the Company's independent
registered public accountants and approved an increase in the
number of shares authorized for use in the Company's Equity
Incentive Plan. Chairman, President and CEO Sheldon R. Erikson said
the change acknowledges the strong quality reputation of the
Cameron name and allows the Company to market its many valuable
product brands under the Company-wide trade name of Cameron. "As
part of this rebranding process, the Cameron name will serve as a
common identity across the Company, and each of the Company's
business lines will be uniquely named and characterized based on
the customers and markets they supply," Erikson said. Erikson noted
that the Company's customer profile has changed as new businesses
have been acquired and customers have consolidated. "We believe
that offering our many product lines to this varied customer base
under the Cameron name will help those less familiar with our
corporate heritage appreciate the breadth of products and services
available under a single brand," Erikson said. Cameron is a leading
provider of flow equipment products, systems and services to
worldwide oil, gas and process industries. Website:
http://www.c-a-m.com/ DATASOURCE: Cameron CONTACT: R. Scott Amann,
Vice President, Investor Relations of Cameron, +1-713-513-3344 Web
site: http://www.c-a-m.com/
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