HACKENSACK, N.J., June 26 NJ-GoAmerica-Meeting
HACKENSACK, N.J., June 26 /PRNewswire-FirstCall/ -- GoAmerica, Inc.
(Nasdaq: GOAM), a provider of relay and wireless communications and
professional interpreter services for deaf, hard-of-hearing, and
speech-disabled persons, today announced the results from its annual
stockholder meeting which was held on Wednesday, June 25, 2008 at 10AM Eastern
Time, for shareholders of record as of May 23, 2008.
All resolutions as proposed in the Notice of the Annual Shareholder
Meeting were approved by the requisite majority of shareholders.
Proposal 1(a) approved the election of six directors for a term of one
year by the holders of GoAmerica's common stock and Series A Preferred Stock,
voting together as a class. The directors elected include Aaron Dobrinsky,
Steven Eskenazi, Christopher Gibbons, Daniel R. Luis, William M. McDonagh and
Edmond Routhier.
Proposal 1(b) approved the election of two directors for a term of one
year by the holders of GoAmerica's Series A Preferred Stock, voting separately
as a class. The directors elected under this proposal included Steven C.
Chang and Behdad Eghbali.
Proposal 2 approved an amendment to GoAmerica's certificate of
incorporation to change the earliest date on which GoAmerica's Series A
Preferred Stock is subject to redemption.
Proposal 3 approved amendments to GoAmerica's certificate of incorporation
and to the bylaws to allow action by stockholder consent in lieu of a meeting.
Proposal 4 approved amendments to GoAmerica's 2005 Equity Incentive Plan
to increase the number of authorized shares under such plan from 2,000,000 to
3,000,000 shares, and to increase the maximum number of shares subject to
award to any individual during any calendar year.
Finally, Proposal 5 ratified the appointment of WithumSmith + Brown, P.C.
as GoAmerica's independent registered public accounting firm for the year
ending December 31, 2008.
About GoAmerica
As a result of its acquisitions, GoAmerica is the nation's largest and
second largest provider of text relay and video relay services, respectively,
and provides an array of communications and interpreting services tailored to
the needs of people who are deaf, hard-of-hearing, or speech-disabled. The
Company's vision is to improve the quality of life of its customers by being
their premier provider of high quality, innovative communication services that
break down communications barriers. For more information on the Company or
its services, visit http://www.goamerica.com or contact GoAmerica directly at
TTY 201-527-1520, voice 201-996-1717, Internet Relay by visiting
http://www.i711.com, or video phone by connecting to hovrs.tv.
Safe Harbor
The statements contained in this news release that are not based on
historical fact -- including statements regarding the anticipated results of
the transactions described in this press release -- constitute
"forward-looking statements" that are made in reliance upon the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the use of forward-looking
terminology such as "may", "will", "expect", "estimate", "anticipate",
"continue", or similar terms, variations of such terms or the negative of
those terms. Such forward-looking statements involve risks and uncertainties,
including, but not limited to: (i) our ability to integrate the businesses
and technologies we have acquired; (ii) our ability to respond to the rapid
technological change of the wireless data industry and offer new services;
(iii) our dependence on wireless carrier networks; (iv) our ability to respond
to increased competition in the wireless data industry; (v) our ability to
generate revenue growth; (vi) our ability to increase or maintain gross
margins, profitability, liquidity and capital resources; and (vii)
difficulties inherent in predicting the outcome of regulatory processes. Such
risks and others are more fully described in the Risk Factors set forth in our
filings with the Securities and Exchange Commission. Our actual results could
differ materially from the results expressed in, or implied by, such
forward-looking statements. GoAmerica is not obligated to update and does not
undertake to update any of its forward looking statements made in this press
release. Each reference in this news release to "GoAmerica", the "Company" or
"We", or any variation thereof, is a reference to GoAmerica, Inc. and its
subsidiaries.
"GoAmerica", the "GoAmerica" logo, "i711", and the "i711.com" logo, "Hands
On VRS" and "Relay and Beyond" are registered trademarks of GoAmerica.
"i711.com", "IP-Relay", and "i711 Wireless" are trademarks and service marks
of GoAmerica. Other names may be trademarks of their respective owners.
CONTACT:
GoAmerica
Laura Kowalcyk
CJP Communications
lkowalcyk@cjpcom.com
212-279-3115 x209
SOURCE GoAmerica, Inc.
