Water Pik Technologies Stockholders Elect Directors; Two Additional Proposals Passed
12 Mai 2005 - 11:00PM
Business Wire
Water Pik Technologies, Inc. (NYSE:PIK) today announced that its
stockholders elected Robert P. Bozzone, W. Craig McClelland and F.
Peter Cuneo to three-year terms expiring in 2008. Mr. Bozzone and
Mr. McClelland have served on the Board since 1999 and Mr. Cuneo
has served since 2001. Two additional proposals, both recommended
by the Company's Board of Directors, were passed by the
stockholders: a proposal to amend the Company's Restated
Certificate of Incorporation to declassify the Board of Directors
and a proposal to ratify the appointment of Ernst & Young LLP
as the Company's independent auditors for the fiscal year ending
September 30, 2005. As a result of the passage of the
declassification proposal, Company directors standing for election
in 2006 and later will be elected for one-year terms. Water Pik
Technologies, Inc. is a leading developer, manufacturer and
marketer of innovative personal health care products, pool products
and water-heating systems sold under the Water Pik(R), Jandy(R) and
Laars(R) brand names. The Company has developed and introduced many
products that are considered the first of their kind and have led
to the formation of new markets, including the automatic
toothbrush, end-of-faucet water filtration system, pool heater and
pulsating shower massage. The Company's products are sold through a
variety of channels, including home centers, mass-merchandisers,
drug store chains and specialty retailers, wholesalers and
contractors. Headquartered in Newport Beach, California, the
Company operates ten major facilities in the United States and
Canada. For more information, visit the Water Pik Technologies,
Inc. website at www.waterpik.com.
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