Applied Materials Announces Results of Annual Meeting of Stockholders
SANTA CLARA, Calif.--(BUSINESS WIRE)--April 2, 1999--Applied Materials, Inc., the world's largest supplier of wafer fabrication systems and services to the global semiconductor industry, announced today the results of the voting at the Company's annual meeting of stockholders held March 31.
Stockholders elected the directors proposed by the Company -
James C. Morgan, Dan Maydan, Michael H. Armacost, Deborah A. Coleman,
Herbert M. Dwight, Jr., Philip V. Gerdine, Tsuyoshi Kawanishi, Paul R.
Low and Alfred J. Stein.
Stockholders also approved an amendment of the Company's Employee
Stock Purchase Plan to increase the number of shares issuable pursuant
to this plan by 8,000,000 shares.
In addition, stockholders defeated a proposal made by State of
Wisconsin Investment Board, a stockholder, to amend the bylaws of the
Company so as to require stockholder approval to adopt a new
stockholder rights plan or to renew its existing rights plan.
Applied Materials, Inc. is a Fortune 500 global growth company
and the world's largest supplier of wafer fabrication systems and
services to the global semiconductor industry. Applied Materials is
traded on the Nasdaq National Market under the symbol, "AMAT." Applied
Materials' website is http://www.appliedmaterials.com.
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CONTACT: Applied Materials, Inc.
Carolyn Schwartz, 408/748-5227 (investment community)
Jeffrey Lettes, 408/563-5161 (editorial/media)
KEYWORD: CALIFORNIA WISCONSIN
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED BANKING
MANAGEMENT CHANGES