Veltex Corporation Announces the 2018 Annual Meeting of Shareholders

CHICAGO, May 15, 2018 /PRNewswire/ -- Veltex Corporation-- OTC Markets symbol (VLXC) Veltex Corporation ("Veltex") announces the 2018 Annual Meeting of Shareholders will be held on Friday, June 29, 2018 at The Wynn Hotel and Resort in Las Vegas, Nevada. The property is located at 3131 South Las Vegas Boulevard, Las Vegas, Nevada 89109, USA Telephone 1-702-770-7000. This will be the 32^nd straight Annual Meeting for Veltex.

The meeting will begin at 10:00 AM Local Time. Only shareholders of record may attend the Annual Meeting.

Shareholders who attend the meeting will be asked to present valid picture identification, such as a passport, a state drivers license, or other government issued identification. Furthermore, to be admitted to the annual meeting, you must present proof of Veltex Corporation   common share ownership as of the record date. You may prove ownership with any of the following: (1) a Veltex Corporation account statement; (2) a brokerage account statement; or (3) a letter from the bank or broker holding your shares. If you are a beneficial owner and plan to vote at the meeting, then you must bring the legal proxy provided by the institution holding your shares. If you are an authorized proxy, then you must also present the proper documentation. Ultimately, in all cases, valid photo identification will be required.

Cameras, cell phones, recording devices, and other electronic devices will not be permitted at the meeting. Rules of the meeting will be printed on the back of the agenda and distributed at the meeting.

Shareholders may receive proxy materials via the internet if your broker provides such services. Additionally, your broker can inform shareholders how to access and review the information contained in the proxy materials and how to vote via the Internet, by mail, or in person. By utilizing this method of delivery, Veltex Corporation avoids the cost and environmental effect of printing proxy materials.

The Notice will contain the items that follow:

• (1) A Notice of the Annual Meeting of Shareholders;
• (2) A Proxy Statement containing a description of the items to be voted on at the Annual Meeting of Shareholders; and
• (3) The recommendation of Veltex Corporation's Board of Directors with regard to each item, if applicable.

The Notice of Meeting and Proxy Materials will be made available to shareholders on or about June 6, 2018, and mailed on that date to those shareholders who previously requested written materials.

Any shareholders who owned Veltex Corporation common stock at the close of business on Friday, May 25, 2018 may vote. This will be the record date for the meeting. If you are a shareholder of record, you may vote your shares in person at the Annual Meeting.  If you are a beneficial owner of shares held in street name (i.e., your shares are held in a stock brokerage account or by a bank or other holder of record), you must present a valid picture identification, as provided supra; and in order to vote in person at the Annual Meeting, you must include a legal proxy provided by the institution holding your shares. If your shares are held under one of the company's Employee Savings Plans, only the Trustee for the Plans can vote said shares, even if you attend the meeting in person. To allow sufficient time for the Trustee to vote your shares, your voting instructions must be received by 6:00 AM Pacific Standard Time, June 29, 2018.

If you have additional questions regarding the 2018 Annual Meeting of Shareholders, please contact Shareholder Services at Macklem@Veltex.Com or 1-312-235-4014.

Veltex Corporation maintains its corporate headquarters in Chicago, Illinois.

Forward Looking and Safe Harbor Statement

Certain of the above statements contained in this press release are forward-looking statements which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors. This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Veltex or its management "believes," "expects," "anticipates," "foresees," "seeks," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe Veltex's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Any statements made in this press release, which are not historical facts, contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition or conditions and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements.

Although such statements are based upon the best judgments of management of the company, Veltex, as of the date of this release, significant deviations in magnitude, timing, and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, and receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

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SOURCE Veltex Corporation