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LIGATT Security International Postpones First Annual Shareholders Meeting

  //business-finance.news-articles.net/content/200 .. postpones-first-annual-shareholders-meeting.html
  Published in Business and Finance on Tuesday, November 3rd 2009 at 9:11 GMT by Market Wire
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ATLANTA, GA--(Marketwire - November 3, 2009) - LIGATT Security International (LSI) (PINKSHEETS: [ LGTT ]) CEO Gregory Evans announces the postponement of the first annual shareholders meeting to review the company's vision plan and additional corporate business. The meeting will take place in Atlanta, GA on Saturday, Dec. 12th from 10 a.m.-12 p.m. at the Embassy Suites Atlanta in Buckhead. Shareholders will have the opportunity to mix and mingle amongst LSI staff members, Board of Directors and CEO Gregory Evans. To register visit [ www.ligattsecurity.com ].

Originally scheduled to take place in Nassau, Bahamas and postponed due to a small number of shareholder attendees, those in attendance decided it would be in the best interest of all shareholders to defer the meeting until November 2009. The registration for the Nov. 7th shareholders meeting had less than 15 people out of the 2200 LSI shareholders. However, LSI has decided to postpone the meeting to a definite date of Dec. 12, 2009.

"Although annual shareholders meetings for pink sheet companies are not required, LSI still wants to give the shareholders the opportunity to share their thoughts, ideas and visions as well as cast their votes," says Evans. "LIGATT Security is making key moves and decisions in this upcoming year. Although not required to hold a shareholders meeting, I would like all shareholders to have the ability to vote and have their voices heard," says Evans.

In order to provide the shareholders with a lucid understanding of all the changes that have been made, Evans will host a video webcast on Nov. 10th for all shareholders and potential investors to meet the new team, including marketing, PR, IT, development, HR and the board of directors. This video webcast is interactive so that shareholders will be able to ask questions.

LSI has hired Broadridge to help with distributing proxies 30 days prior to the meeting in order for shareholders to have a sufficient amount of time to cast their votes for those unable to attend.

For travel arrangements please contact your local travel agency. To register for the shareholders meeting, or for more information about LIGATT Security International visit [ www.ligattsecurity.com ].

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.