Coming to a mailbox near you.
This Proxy Statement, which was first mailed to shareholders of Advanced Digital Information Corporation ("ADIC" or the "Company") on or about January 19, 2000, is furnished to shareholders of the Company in connection with the solicitation of proxies by the Board of Directors of the Company for the Annual Meeting of Shareholders to be held
February 16, 2000, and any adjournments or postponements thereof. A proxy may be revoked in writing at any time before it is exercised by filing with the Secretary of the Company a written revocation or a duly executed proxy bearing a later date. A proxy may also be revoked by attending the Annual Meeting and voting in person. If the enclosed form of proxy is properly executed and returned, it will be voted in accordance with the instructions given, unless revoked. There were 25,683,648 shares of the Company's common stock, the only security of the Company
entitled to vote at the Annual Meeting, outstanding at January 3, 2000. Holders of a majority of those shares, present in person or represented by proxy, will constitute a quorum. Shareholders are entitled to one vote for each share of Common Stock held of record at the close of business on January 3, 2000, the record date for the Annual Meeting.
New 1999 Stock option plan in the works. Also, vote for your favorite directors. This company continues to look strong. OEM biz is up. New storage s/w will be "out in late 200".
I will not attend the meeting.
Jim |
