Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the
“Company”), an IoT intelligent edge products and services company,
today announced that it will host its 2020 annual meeting of
shareholders (“Annual Meeting”) virtually due to public health
concerns resulting from the COVID-19 pandemic and
government-recommended and required limits on public gatherings.
Holding the Annual Meeting online will also protect the health and
safety of the Company’s shareholders, directors and employees.
The Annual Meeting will begin at 10:00 AM (CDT) on Wednesday,
June 17, 2020, and will be conducted in a virtual format only.
Shareholders will not be able to attend the Annual Meeting in
person; however, shareholders of record as of the close of business
on April 20, 2020 will be able to vote through the online
platform.
Investors can access the virtual Annual Meeting and participate
in the following ways:
- Visit www.virtualshareholdermeeting.com/JCS2020 and enter the
16-digit control number included on your Important Notice Regarding
the Availability of Proxy Materials.
- Log into the meeting platform beginning at 9:45 a.m. CDT on
June 17, 2020.
- Vote during the Annual Meeting by following the instructions
available on the meeting website during the Annual Meeting.
If you encounter any technical difficulties with the virtual
meeting platform on the meeting day, a phone number for technical
support will be provided on the meeting page at
www.virtualshareholdermeeting.com/JCS2020. Technical support will
be available beginning at 9:45 a.m. CDT on June 17, 2020 and will
remain available until the meeting has ended.
Whether or not shareholders plan to attend the virtual Annual
Meeting, Communications Systems urges shareholders to select one of
the methods described in the proxy materials to vote and submit
their proxies in advance of the Annual Meeting.
About Communications Systems Communications Systems, Inc.
(Nasdaq: JCS), an IoT intelligent edge products and services
company, provides connectivity infrastructure and services for
global deployments of broadband networks. Focusing on innovative,
cost-effective solutions, CSI provides customers the ability to
deliver, manage, and optimize their broadband network services and
architecture. From the integration of fiber optics in any
application and environment to efficient home voice and data
deployments to optimization of data and application access, CSI
provides tools for maximum utilization of the network from the edge
to the user. With partners and customers in over 50 countries, CSI
has built a reputation as a reliable global innovator focusing on
quality and customer service. CSI operates three business units:
Transition Networks, Net2Edge and JDL Technologies. For more
information visit: commsysinc.com.
Forward Looking Statement This press release includes
certain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including
statements regarding future financial performance, future growth
and future acquisitions or partnerships. These statements are based
on Communications Systems’ current expectations or beliefs and are
subject to uncertainty and changes in circumstances. Actual results
may vary materially from those expressed or implied by the
statements here due to changes in economic, business, competitive
or regulatory factors, and other risks and uncertainties affecting
the operation of Communications Systems’ business. These risks,
uncertainties and contingencies are presented in the Company’s
Annual Report on Form 10-K and, from time to time, in the Company’s
other filings with the Securities and Exchange Commission. The
information set forth herein should be read in light of these
risks. Further, investors should keep in mind that the Company’s
financial results in any particular period may not be indicative of
future results. Communications Systems is under no obligation to,
and expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, changes in assumptions or otherwise.
COMMUNICATIONS SYSTEMS, INC. NOTICE OF
CHANGE OF LOCATION OF ANNUAL MEETING OF SHAREHOLDERS WEDNESDAY,
JUNE 17, 2020 AT 10:00 A.M. CDT VIRTUAL MEETING - NO PHYSICAL
MEETING LOCATION
To the Shareholders of Communications Systems, Inc.
In light of the continued COVID-19 pandemic, public health
concerns, and government-recommended and required limits on public
gatherings, and to prioritize the health and well-being of our
shareholders, directors, employees and other meeting participants,
NOTICE IS HEREBY GIVEN that the location of our 2020 Annual Meeting
of Shareholders (the “Annual Meeting”) has been changed and will be
conducted in virtual format only.
The meeting will be held at 10:00 AM
CDT on June 17, 2020. As described in the proxy
materials for the Annual Meeting previously distributed,
shareholders of record as of the close of business on April 20,
2020 will be able to vote and ask questions during the meeting by
remote participation.
www.virtualshareholdermeeting.com/JCS2020.
To participate in the Annual Meeting, visit
www.virtualshareholdermeeting.com/JCS2020 and enter the 16-digit
control number included on your Important Notice Regarding the
Availability of Proxy Materials, on your proxy card, or on the
instructions that accompanied your proxy materials. You may log
into the meeting platform beginning at 9.45 CDT on June 17, 2020.
The proxy card included with the proxy materials previously
distributed will not be updated to reflect the change in location
and may continue to be used to vote your shares in connection with
the Annual Meeting. If you have already voted, no additional action
is required.
You may vote during the Annual Meeting by following the
instructions available on the meeting website during the
meeting.
If you encounter any technical difficulties with the virtual
meeting platform on the meeting day, a phone number for technical
support will be provided on the meeting page at www.virtualshareholdermeeting.com/JCS2020.
Technical support will be available beginning at 9:45 AM CDT on
June 17, 2020 and will remain available until the meeting has
ended.
We thank you for your interest in our Company and look forward
to your participation at our virtual Annual Meeting.
By Order of the Board of Directors,
Roger H.D. Lacey, Chairman
Minnetonka, Minnesota
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version on businesswire.com: https://www.businesswire.com/news/home/20200603005199/en/
Communications Systems, Inc. Mark D. Fandrich Chief
Financial Officer 952-582-6416 mark.fandrich@commsysinc.com
Roger H. D. Lacey Chief Executive Officer 952-996-1674
The Equity Group Inc. Lena Cati Vice President
212-836-9611 lcati@equityny.com
Devin Sullivan Senior Vice President 212-836-9608
dsullivan@equityny.com
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