Miller Industries, Inc. Announces Annual Shareholder Meeting
Miller Industries, Inc. Announces Annual Shareholder Meeting
CHATTANOOGA, Tenn., Aug. 20 Miller Industries, Inc. today announced that it has commenced distribution of its proxy statement for the upcoming annual meeting of shareholders to be held on September 24, 2001. The shareholders will be asked to vote on the election of Directors and to consider a reverse stock split pursuant to which each 5 shares of the Company's common stock will be converted into 1 share. The 1 for 5 exchange ratio is revised from the preliminary 1 for 10 ratio that was previously announced. Miller Industries is the world's leading integrated provider of vehicle towing and recovery equipment and services. The Company markets its towing services under the national brand name RoadOne(R) and its towing equipment under a number of well-recognized brands. Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. The Company noted that forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed under the caption ``Risk Factors'' in the Company's Form 10-K for fiscal 2001, which discussion is incorporated herein by this reference. WHERE YOU CAN FIND ADDITIONAL INFORMATION: Investors and security holders of Miller Industries, Inc. are advised to read the proxy statement regarding the reverse stock split, when it becomes available, because it will contain important information. The Company expects to mail a proxy statement about the reverse stock split to its shareholders. The Company will file such proxy statement with the Securities and Exchange Commission. Investors and security holders may obtain a free copy of the proxy statement (when available) as well as the annual report, quarterly reports, current reports and other documents filed by the company at the Securities and Exchange Commission's web site at http://www.sec.gov. The proxy statement and such other documents may also be obtained free of charge from the Company. The Company and its officers and directors may be deemed to be participants in the solicitation of proxies from shareholders of the Company with respect to the reverse stock split. Information regarding such officers and directors is included in the Company's Annual Report on Form 10-K for fiscal 2001 filed with the Securities and Exchange Commission, as amended from time to time thereafter. The Form 10-K is, and the proxy statement will be, available free of charge at the Securities and Exchange Commission's web site at http://www.sec.gov and from the Company.