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Alere Announces Preliminary Results Of Voting At Annual Meeting

WALTHAM, Mass., Aug. 7, 2013 /PRNewswire/ -- Alere Inc. (NYSE: ALR) (the "Company" or "Alere") today announced that, based on a preliminary count of votes cast at the Company's 2013 Annual Meeting of Stockholders held today, stockholders have elected all four of the Company's director nominees, Hakan Bjorklund, Stephen MacMillan, Brian Markison and Sir Thomas McKillop.

Alere issued the following statement:

"Alere's Board and management team appreciate the feedback we have received from our stockholders, and we extend our gratitude for their support of our independent director nominees. Our plan to improve organic revenue growth, drive higher operating margins and reduce leverage has been recognized. While we are pleased with our progress to date, this process has only further sharpened our commitment to delivering strong results.

"We look forward to benefitting from the unique operational experience and fresh perspectives of our new board members and building on our positive momentum as we continue to work to enhance stockholder value. We also look forward to our Board acting on the recommendation to appoint Gregg Powers, who our nominating committee believes can help guide our strategy and serve as another independent voice for stockholders on the Board."

The preliminary voting also indicated that stockholders approved all of the other proposals submitted for a vote at the Annual Meeting.

The meeting was adjourned to 12:30 p.m. on August 19, 2013 at The Emerging Enterprise Center at Foley Hoag LLP located at 1000 Winter Street, Suite 4000, Waltham, Massachusetts 02451, solely to receive the final report of IVS Associates, Inc., the independent inspector of elections. 

About Alere

By developing new capabilities in near-patient diagnosis, monitoring and health information technology, Alere enables individuals to take charge of improving their health and quality of life at home.  Alere's global leading products and services, as well as its new product development efforts, focus on cardiology, infectious disease, toxicology and diabetes.  Alere is headquartered in Waltham, Massachusetts. For more information regarding Alere please visit www.alere.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the outcome of the vote on each matter. These statements reflect our current views with respect to future events and are based on management's current assumptions and information currently available. Actual results may differ materially due to numerous factors including, without limitation, the independent inspector's final tabulation of voting results. We undertake no obligation to update any forward-looking statements contained herein.

Stock quotes in this article: ALR 

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