HAIFA, Israel, April 1, 2015 /PRNewswire/ --
Elbit Systems Ltd. (NASDAQ and TASE:
ESLT) (the "Company") announced today that at its Extraordinary
General Meeting of Shareholders (the "Meeting") held on
March 31, 2015 at the Company's
offices in Haifa, the proposed
resolution was approved by the required majority, as described in
the Proxy Statement to the Shareholders dated February 23, 2015 (the "Proxy"), to re-approve
the granting by the Company to Mr. M.
Federmann and Mr. D.
Federmann, who serve as directors of the company and may be
considered direct or indirect controlling shareholders of the
Company, of the indemnification letters which were granted by the
Company to Mr. M. Federmann and Mr.
D. Federmann, in November 2011, for a period of three years
commencing as of December 1, 2014.
About Elbit Systems
Elbit Systems Ltd. is an international
high technology company engaged in a wide range of defense,
homeland security and commercial 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, advanced electro-optics, electro-optic space systems, EW
suites, signal intelligence systems, data links and communications
systems and radios. The Company also focuses on the upgrading
of existing platforms, developing new technologies for defense,
homeland security and commercial aviation applications and
providing a range of support services, including training and
simulation systems.
For additional information, visit: http://www.elbitsystems.com
or follow us on Twitter
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.
Elbit Systems Ltd., its logo, brand, product, service and
process names appearing in this Press Release are the trademarks or
service marks of Elbit Systems Ltd. or its affiliated
companies. All other brand, product, service and process names
appearing are the trademarks of their respective
holders. Reference to or use of a product, service or process
other than those of Elbit Systems Ltd. does not imply
recommendation, approval, affiliation or sponsorship of that
product, service or process by Elbit Systems Ltd. Nothing contained
herein shall be construed as conferring by implication, estoppel or
otherwise any license or right under any patent, copyright,
trademark or other intellectual property right of Elbit Systems
Ltd. or any third party, except as expressly granted herein.
Contacts:
Company Contact:
Joseph Gaspar,
Executive VP & CFO
Tel: +972-4-8316663
j.gaspar@elbitsystems.com
Dalia Rosen, VP, Head
of Corporate Communications
Tel: +972-4-8316784
dalia.rosen@elbitsystems.com
Elbit Systems Ltd.
IR Contact:
Ehud Helft
Kenny Green
GK Investor Relations
Tel: +1-646-201-9246
elbitsystems@gkir.com
SOURCE Elbit Systems Ltd