To ALL:
Finally got that press release we were waiting for... yes Mr. Copeland, just ANNOUNCE the meeting this time and plenty of us will even FLY to be there next time...
Tuesday April 21, 9:30 am Eastern Time
Company Press Release
SC&T International Postpones Shareholder Meeting
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 21, 1998--SC&T International Inc. (NASDAQ:SCTI - news) held a special meeting of shareholders at its headquarters in Scottsdale, on April 16, 1998.
James Copland, chairman and chief executive officer, announced that the company did not achieve a quorum, and permanently adjourned the meeting. Copland stated that the company would announce a meeting in the near future and that all shareholders will be notified.
Dick Elwood, SC&T's director of finance and operations, has been receiving a large volume of phone calls from parties seeking information on the company.
Elwood stated, ''We appreciate the interest, but the number of calls is becoming disruptive to the company's ability to focus its energies on daily operations. SC&T would like to assure its shareholders and investors that all material information will be announced to the market in an appropriate manner.''
SC&T International Inc., is a rapidly growing company that develops and markets innovative products for the computer and video game industries under its Platinum Sound(R) and ULTIMATE Per4mer(TM) brand names. The line includes subwoofer and speaker enhancement systems and a variety of video arcade racing wheels and game controller products.
SC&T has its headquarters in Scottsdale, with offices in Canada, Asia, Europe and the United Kingdom. For more information, visit the company's website at www.platinumsound.com.
Contact:
SC&T International Inc., Scottsdale Cathy Copland, 602/368-9490 ext. 320
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