HAIFA, Israel, November 18, 2010 /PRNewswire-FirstCall/ -- Elbit
Systems Ltd. (NASDAQ and TASE: ESLT) (the "Company") announced
today that at its Annual General Meeting of Shareholders (the
"Meeting") held on November 18, 2010
at the Company's offices in Haifa,
the proposed resolutions described in the Proxy Statement to the
Shareholders dated October 12, 2010
(the "Proxy") and detailed hereunder, were approved by the required
majority:
1. that Messrs. M. Federmann, Arad, Asheri, D. Federmann,
Ne'eman and Ninveh and Mrs. Baum are elected as directors of the
Company until the close of next Annual General Meeting of
Shareholder of the Company.
2. that Mrs. Dalia Rabin is
elected as an External Director of the Company for a three-year
term commencing on November 18, 2010
and ending on November 17, 2013.
3. that the Company's independent auditor, Kost, Forer, Gabbay
& Kasierer, a member of Ernst & Young Global, is appointed
as independent auditor of the Company for the fiscal year 2010 and
until the close of the next Annual General Meeting of Shareholders
of the Company.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics
company engaged in a wide range of programs throughout the world.
The Company, which includes Elbit Systems and its subsidiaries,
operates in the areas of aerospace, land and naval systems,
command, control, communications, computers, intelligence
surveillance and reconnaissance ("C4ISR"), unmanned aircraft
systems ("UAS"), advanced electro-optics, electro-optic space
systems, EW suites, airborne warning systems, SIGINT systems, data
links and military communications systems and radios. The Company
also focuses on the upgrading of existing military platforms,
developing new technologies for defense, homeland security and
commercial aviation applications and providing a range of support
services. For additional information, visit:
http://www.elbitsystems.com.
This press release contains forward looking statements (within
the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended) regarding Elbit Systems Ltd. and/or its subsidiaries
(collectively the Company), to the extent such statements do not
relate to historical or current fact. Forward Looking Statements
are based on management's expectations, estimates, projections and
assumptions. Forward looking statements are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995, as amended. These statements are not guarantees of
future performance and involve certain risks and uncertainties,
which are difficult to predict. Therefore, actual future results,
performance and trends may differ materially from these forward
looking statements due to a variety of factors, including, without
limitation: scope and length of customer contracts; governmental
regulations and approvals; changes in governmental budgeting
priorities; general market, political and economic conditions in
the countries in which the Company operates or sells, including
Israel and the United States among others; differences in
anticipated and actual program performance, including the ability
to perform under long-term fixed-price contracts; and the outcome
of legal and/or regulatory proceedings. The factors listed above
are not all-inclusive, and further information is contained in
Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on
file with the U.S. Securities and Exchange Commission. All forward
looking statements speak only as of the date of this release. The
Company does not undertake to update its forward-looking
statements.
Company Contact:
Joseph Gaspar, Executive VP & CFO
Dalia Rosen, VP, Head of Corporate Communications
Elbit Systems Ltd
Tel: +972-4-831-6663 / Fax: +972-4-831-6944
E-mail: j.gaspar@elbitsystems.com
dalia.rosen@elbitsystems.com
IR Contact:
Ehud Helft
Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
E-mail: elbitsystems@ccgisrael.com
SOURCE Elbit Systems Ltd