Syntroleum's 2012 Annual Stockholders Meeting Scheduled for June 28, 2012
TULSA, Okla., March 19, 2012 (GLOBE NEWSWIRE) -- Syntroleum Corporation (SYNM) today announced the Company will hold their annual stockholders meeting on June 28, 2012, at 2:00 p.m. Central time. The annual meeting will be held at Fox Plaza, 5416 S Yale, 4th Floor, Tulsa, Oklahoma 74135, at 2:00 p.m. local time.
If a stockholder desires to bring a matter before an annual meeting and the proposal is submitted outside the process of SEC Rule 14a-8, the stockholder must follow the procedures set forth in our bylaws. Our bylaws provide generally that stockholder proposal for an annual meeting may be made by a stockholder only if (1) the stockholder is a stockholder of record and is entitled to vote at the meeting, and (2) the stockholder gives timely written notice of the proposal to our corporate secretary. Such a proposal should be received by our corporate secretary no later than the tenth day following the date of this announcement.
Syntroleum Corporation owns the Syntroleum® Process for Fischer-Tropsch (FT) conversion of synthesis gas derived from biomass, coal, natural gas and other carbon-based feedstocks into liquid hydrocarbons, the Synfining® Process for upgrading FT liquid hydrocarbons into middle distillate products such as synthetic diesel and jet fuels, and the Bio-Synfining® technology for converting animal fat and vegetable oil feedstocks into middle distillate products such as renewable diesel and jet fuel using inedible fats and greases as feedstock. The 50/50 venture known as Dynamic Fuels was formed to construct and operate multiple renewable synthetic fuels facilities, with production on the first site beginning in 2010. The Company plans to use its portfolio of technologies to develop and participate in synthetic and renewable fuel projects. For additional information, visit the Company's web site at www.syntroleum.com .
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This document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as well as historical facts. These forwardlooking statements may include statements relating to the Syntroleum® Process, the Synfining® Process, our renewable fuels Bio-Synfining" technology, plans to use the Company's various technologies, operational activities of the Company, commercialization of the Company's technologies, certification of Fischer-Tropsch and renewable fuels, performance and use of Syntroleum's cobalt catalyst, and performance and use of fuels derived from the Syntroleum® Process and technology test results. When used in this document, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and similar expressions are intended to be among the statements that identify forwardlooking statements. Although we believe that the expectations reflected in these forwardlooking statements are reasonable, these kinds of statements involve risks and uncertainties. Actual results may not be consistent with these forwardlooking statements. Syntroleum undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. Important factors that could cause actual results to differ from these forward-looking statements include the potential that debt or equity financing for anticipated plants may not be available, the schedule for development, construction and operation of proposed plants may not be met, anticipated appropriation and expenditure of federal monies does not occur, commercial-scale plants do not achieve the same results as those demonstrated on a laboratory or pilot basis or that such plants experience technological and mechanical problems, the potential that improvements to Syntroleum's various technologies currently under development may not be successful, the impact on plant economics of operating conditions (including energy prices), construction risks, risks associated with investments and operations in foreign countries, our dependence on strategic relationships with manufacturing and engineering companies, volatility of energy prices, the ability to implement corporate strategies, including the continued availability of adequate working capital, competition, intellectual property risks, our ability to obtain financing and other risks described in the Company's filings with the Securities and Exchange Commission.
®"Syntroleum" is registered as a trademark and service mark in the U.S. Patent and Trademark Office.
CONTACT: Amanda Burns Syntroleum Corporation (918) 764-3480 www.syntroleum.com
Source: Syntroleum Corporation 2012 GlobeNewswire, Inc.