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Statement From DATATRAK's Board Regarding Annual Meeting and the Call to Work Constructively Going Forward
Statement From DATATRAK's Board Regarding Annual Meeting and the Call to Work Constructively Going Forward.
About this update from Datatrak International, Inc.
[{"type":"text","content":"\nStatement From DATATRAK's Board Regarding Annual Meeting and the Call to Work Constructively Going Forward \n\nStatement From DATATRAK's Board Regarding Annual Meeting and the Call to Work Constructively Going Forward\n\n\nThe Results for Tomorrow's Election Are Not Final -- but Regardless of the Result, the DATATRAK Board Is Committed to Working Cooperatively and Constructively for the Benefit of All Shareholders; Board Calls on Arosa to Honor Its Commitment to Do the Same and Immediately Cease Its Attacks on the Company, Management and the Board, and Work Together to Repair the Damage to the Company Done by This Proxy Contest; in That Light, the Board Calls on Arosa to Join With the Company in Resolving the Litigation Between the Parties \n\n\n CLEVELAND, OH--(Marketwired - January 07, 2016) - \n DATATRAK International, Inc. (OTCQX: DTRK), the leader in developing cloud-based, unified dClinical™\ntechnologies and delivering related services for the clinical trials industry, today released a statement from its three Class II Directors who will remain in office regardless of the results of tomorrow's Annual Meeting of Shareholders. Dr. Jerry Kaiser, currently the Company's Lead Independent Director, said, \"We have made our case to the shareholders about why we believe the Company's management team and Board is best positioned to see the Company's strategic plan through to fruition. We do not yet know the final results for tomorrow's Annual Meeting, but regardless of whether the Company's slate or Arosa's prevails and despite our concerns about the tactics used by Arosa and its allies in this contest and the damage it has done to the Company's business and stakeholders, we are all completely committed to cooperating and working constructively with Arosa for the benefit of all shareholders.\" The Class II Directors made the following additional commentary on working constructively with Arosa going forward, if Arosa and their candidates prevail in tomorrow's election:\n We are committed to collaborating with Arosa, listening to their detailed plans for the business, and working together to repair the damage to the business caused by this proxy contest in order to reignite the positive momentum that has been in many ways interrupted by this fight.\n \n We call on Arosa and its allies to honor its commitment to wor...