– USA, CA – Qualstar Corporation, a manufacturer of data security and archive storage solutions and high efficiency power supplies, today announced the results for its 2014 Annual Meeting of Shareholders held Friday, June 27, 2014. Based on information provided by the independent inspector of election, Computer Stock Transfer, Inc., shareholders have voted to re-elect Steven N. Bronson, Sean M. Leder, Dale E. Wallis and David J. Wolenski and to elect Nick Yarymovych as members of the Qualstar Board of Directors.
“We are grateful for the strong support of our shareholders in determining to elect Qualstar’s nominees for the Board,” said Steven N. Bronson, CEO of Qualstar. “I believe the shareholder vote demonstrates a clear endorsement of strategy on product expansion, cost cutting efforts, and other results of operations the Board has been able to carry out in this past year.”
Qualstar announces further that at a meeting of the Board, held immediately following the Annual Meeting, the Board unanimously approved the appointment of David J. Wolenski as the Company independent Chairman of the Board.
“As a NASDAQ listed company, Qualstar has determined to appoint an independent Chairman of the Board in accordance with best practices,” stated Mr. Bronson, “and I believe David Wolenski, with his knowledge and experience will be a great benefit to the Company and its shareholders.”
About Qualstar Corporation
Qualstar, founded in 1984, is a diversified electronics manufacturer specializing in data storage and power supplies. Qualstar’s products are known throughout the world for high quality and Simply Reliable™ designs that provide years of trouble-free service.
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