ALERT B&C changes the date of the Special and Annual General Meeting of Shareholders and fixes the record date

    LAVAL, QC, Jan. 21 /CNW Telbec/ - ALERT B&C Corporation (the
"Corporation") (TSX Venture Exchange: ACB) announced today that its Board of
Directors has rescheduled the Special and Annual General Meeting of
Shareholders to be held in Montreal to Wednesday, March 19, 2008 and has fixed
the record date for this meeting to be February 14, 2008. By press release
dated December 20, 2007, the Corporation had previously announced that the
Special and General Meeting had been called for March 21, 2008.
    In addition, the Board of Directors of the Corporation has addressed the
scheduling of the Special Meeting of the Shareholders requisitioned and called
by ABIONIX Sarl represented by Mr. Claude Beaugrand and Mr. Frédéric Esplat (a
director of the Corporation) and Mr. Andrew McKinnon, President and CEO of
BlastGard International Inc., and President of Phoenix International (the
"Dissident Shareholders").
    Mr. Frederic Esplat, a director of the Corporation and a Dissident
Shareholder, prevented the Board of the Corporation from calling the
requisitioned Special Meeting of Shareholders within the prescribed 21 days,
by disputing the appropriateness of the notice of the Board meeting scheduled
to permit the Board to call the Special Meeting of Shareholders in response to
the requisition. This allowed the above mentioned Dissident Shareholders to
call on December 18, 2007, a Special Meeting of Shareholders for February 6,
2008. On December 20, 2007, the Corporation's Board was able to meet and
called the Special and Annual General Meeting of Shareholders for March 21,
2008. The business to be considered at this meeting included the matters
requisitioned by the Dissident Shareholders. At a later date, the Dissident
Shareholders postponed the Dissident Shareholder-called Special Meeting of
Shareholders from February 6, 2008, to February 13, 2008.
    For the reasons given below, the Board of Directors of the Corporation
has postponed the February 13, 2008 Special Meeting of the Shareholders. That
meeting will be held at the same date and place as the Corporation's Special
and Annual General Meeting of the Shareholders which is scheduled for
March 19, 2008.
    The Corporation is preparing its audited annual financial statements for
fiscal year 2007, ended September 30, 2007. At the time the Dissident
Shareholder-called Special Meeting of Shareholders, the shareholders would
receive the proxy, they will not have had access to the financial statements.
The Board of the Corporation has decided to hold the Special Meeting called by
the Dissident Shareholders at the same time as the Special and Annual General
Meeting in order for the shareholders to benefit in their decision making
process from complete and the most recent financial information, and to avoid
duplicate shareholders meetings which would result in undue cost for the
    This will also provide time for the Corporation to investigate all
related issues with respect to the requisition. In all events, shareholders
will receive formal notice of the Special and Annual General Meeting and an
information circular with all necessary documentation in sufficient time to
consider their decision.

    About the Corporation

    Founded in 1995, the Corporation is a BioDefence company dedicated to
supplying the BioDefence market with high quality technologies, products and
solutions, in order to improve and maintain the safety and the security of
individuals worldwide. For more information about the Corporation visit our
new website at

    This press release contains forward-looking statements, which reflect the
Corporation's current expectations regarding future events. The
forward-looking statements involve risks and uncertainties. Actual events
could differ materially from those projected herein. Investors should consult
the Corporation's quarterly filings and annual reports for additional
information on risks and uncertainties relating to these forward-looking
statements. The reader is cautioned not to rely on these forward-looking
statements. The Corporation disclaims any obligation to update these
forward-looking statements

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this press release.
    %SEDAR: 00012523E

For further information:

For further information: Investor relations: Dr. Suzanne L. Lebel,
Chairman, President & CEO, ALERT B&C Corporation, (450) 688-4499, Fax: (450)
688-9100,; Media relations: Jean-Pierre Trudel, President,
Jean-Pierre Trudel & Associates Inc., (514) 347-6111, Fax: (514) 693-1253,

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890