Platinum Research Sets New Meeting Date
DALLAS, TX -- (MARKET WIRE) -- 05/29/08 -- Platinum Research Organization, Inc. (OTCBB: PLRO) (the "Company") announced today that it has rescheduled its Annual Meeting of Stockholders for 10:00AM, local Dallas time, on Thursday June 19. On May 28, 2008, the Company adjourned the Annual Meeting shortly after calling the meeting to order and postponed the meeting, citing a lack of quorum and for the purpose providing sufficient notice to certain stockholders and allowing its stockholders additional time to consider and vote on the items proposed in the Company's Proxy Statement dated April 29, 2008. Neither the record date for determining stockholders entitled to vote at the rescheduled Annual Meeting of Stockholders nor the matters on which the Company's board of directors is asking stockholders to vote has changed. The record date remains April 2, 2008, and, accordingly, the stockholders entitled to vote at the rescheduled Annual Meeting of Stockholders remain the same. The rescheduled meeting location will remain at the Company's corporate headquarters.
About Platinum Research Organization Inc. (PRO) Platinum Research Organization Inc. (OTCBB: PLRO) (www.platinumresearch.com) designs, develops and commercializes patented, high-performance additives for lubricants and coatings. The company's proprietary additive, TechroBond(TM), offers substantial economic, performance and environmental advantages over those now used. In engine oils, TechroBond will extend the life of catalytic converters, thereby reducing harmful emissions; it increases the anti-wear and extreme pressure performance of industrial greases while reducing their cost; and in coatings and paints, TechroBond may replace environmentally hazardous materials. Platinum's formulations and processes are protected by a series of U.S. patents, patent applications, continuation-in-part applications and trade secrets. The company is located in Dallas.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Statements about the future performance of the company, economic trends, and other forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including and without limitation, continued acceptance of the company products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. The company provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Contact: Charles A. Moskowitz 617-633-2259
2008-05-29 16:56:24 0373360 MARKETWIRE
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