|By PR Newswire||
|April 1, 2014 06:00 AM EDT||
NORTHVILLE, Mich., April 1, 2014 /PRNewswire/ -- Gentherm Incorporated (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, announced that it plans to hold its Annual Meeting of Shareholders on Wednesday, May 7, 2014, at 9:30 a.m. Eastern Time. The meeting will be held at the Company's corporate offices in Northville, Michigan, and all shareholders are invited to attend.
Only holders of the Company's common stock at the close of business on the record date, April 1, 2014, are eligible to vote at the Annual Meeting or any adjournments that may take place. Shareholders will be asked to consider and act on the election of directors to the Board of Directors; ratification of the appointment of Grant Thornton LLP to act as the Company's registered independent accountants for the year ended December 31, 2014; and approval, on an advisory basis, of the compensation of the Company's named executive officers.
Gentherm (NASDAQ-GS:THRM) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products include actively heated and cooled seat systems and cup holders, heated and ventilated seat systems, thermal storage bins, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), cable systems and other electronic devices. The Company's advanced technology team is developing more efficient materials for thermoelectric and systems for waste heat recovery and electrical power generation for the automotive market that may have far-reaching applications for consumer products as well as industrial and technology markets. Gentherm has more than 7,500 employees in facilities in the U.S., Germany, Mexico, China, Canada, Japan, England, Korea, Malta, Hungary and the Ukraine. For more information, go to www.gentherm.com.
Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include statements regarding future products, future markets and future sales. Forward-looking statements involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, but are not limited to, risks associated with failure to develop new product, entry of new competition and failure to develop new sales. Those and other risks are described in the Company's annual report on Form 10-K for the year ended December 31, 2013 and subsequent reports filed with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained from the Company. Except as required by law, the Company assumes no obligation to update the forward-looking statements, which are made as of the date hereof, even if new information becomes available in the future.
Allen & Caron Inc
Jill Bertotti (investors)
SOURCE Gentherm Incorporated
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