PowerDsine Ltd. (Farmingdale, NY), a leading provider of Power-over-Ethernet (PoE) technology, announced that it will hold a special general meeting of shareholders on September 8, 2004, at 1:00 p.m. (Israel time), at the company's offices located at 1 HaNagar Street, Neve Ne'eman Industrial Zone, Hod Hasharon 45421, Israel.
At the special general meeting, shareholders will consider whether to elect Michael Anghel and Dana Gross as external directors of the company; to approve the cash compensation of the external directors of the company; and to approve the grant to directors of the company of options to purchase the company's ordinary shares, par value NIS 0.01 per share.
Shareholders of record as of the close of business on August 4, 2004, shall be entitled to vote at the meeting. The company expects to mail the proxy statement to the shareholders on or about August 11, 2004.
