Data I/O Corporation Announces Update to Delivery Method for Annual Meeting Proxy Materials Due to COVID-19 Pandemic
April 14 2020 - 04:15PM
Business Wire
Data I/O Corporation (NASDAQ: DAIO), the leading global provider
of advanced data and security deployment solutions for flash,
flash-memory based intelligent devices and microcontrollers,
announced an update to the delivery method for proxy materials to
registered shareholders relating to the Company’s upcoming 2020
Annual Meeting of Shareholders (the “Annual Meeting”). Due to the
COVID-19 pandemic, the third-party service provider retained to
handle distribution of copies of the Company’s Annual Meeting proxy
materials to registered shareholders is unable to mail copies of
the proxy materials to those shareholders. As a result, the Company
has sent a Notice of Internet Availability to its registered
shareholders entitled to participate in the Annual Meeting in order
to provide those shareholders with notice sufficiently in advance
of the meeting to allow registered shareholders time to review the
proxy materials and exercise their voting rights. This change will
not impact the delivery of materials to beneficial shareholders who
hold their shares in street name with their broker. The Company’s
proxy materials are available at www.envisionreports.com/daio.
As announced in the Company’s proxy statement filed with the SEC
on April 4, 2020, the Company is scheduled to hold its Annual
Meeting on Monday, May 18, 2020, at 10:00 a.m. Pacific Time at Data
I/O’s principal offices at 6645 185th Ave NE, Suite 100, Redmond,
Washington 98052. Shareholders of record on March 19, 2020 are
entitled to participate in the Annual Meeting.
The Company is not holding a virtual or hybrid Annual Meeting.
However, due to ongoing concerns related to the spread of COVID-19,
and in order to mitigate potential risks to the health and safety
of our shareholders, employees, and other stakeholders, the Company
encourages shareholders to vote on the matters before the meeting
by proxy, and if shareholders wish to listen to the annual meeting
matters and voting results by way of a conference call, the Company
encourages shareholders to use the conference call rather than
attend the meeting in person. There is no other business
presentation planned for the meeting. The conference call
information will be available on the Company’s website at
https://www.dataio.com/Company/Investor-Relations/Annual-Meeting or
contact the corporate Secretary.
About Data I/O Corporation
Since 1972 Data I/O has developed innovative solutions to enable
the design and manufacture of electronic products for automotive,
Internet-of-Things, medical, wireless, consumer electronics,
industrial controls and other electronic devices. Today, our
customers use Data I/O security deployment and programming
solutions to reliably, securely, and cost-effectively bring
innovative new products to life. These solutions are backed by a
global network of Data I/O support and service professionals,
ensuring success for our customers.
Learn more at dataio.com
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version on businesswire.com: https://www.businesswire.com/news/home/20200414005969/en/
Joel Hatlen Chief Operating and Financial Officer Data I/O
Corporation (425) 881-6444
Darrow Associates, Inc. Jordan Darrow (512) 551-9296
jdarrow@darrowir.com
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