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8-K - FORM 8-K - PORTEC RAIL PRODUCTS INC | l41391e8vk.htm |
Exhibit 99.1
For Immediate Release
December 16, 2010
December 16, 2010
Portec Rail Products, Inc. Announces Postponement of 2010 Annual Meeting of Shareholders
PITTSBURGH, PA December 16, 2010 Portec Rail Products, Inc. (NASDAQ Global Market PRPX)
today announced a postponement of its 2010 Annual Meeting of Shareholders (the Annual Meeting)
due to inclement weather in the mid-Atlantic region of the United States. The Annual Meeting was
originally scheduled for 10:00 A.M. on Friday, December 17, 2010 in Huntington, West Virginia, and
has been rescheduled for Thursday, December 23, 2010. Further details pertaining to the time and
place of the rescheduled Annual Meeting will be provided as soon as they become available.
About Portec Rail Products, Inc.
Established in 1906, Portec serves both domestic and international rail markets by manufacturing,
supplying and distributing a broad range of rail products, rail anchors, rail spikes, railway
friction management products and systems, rail joints, railway wayside data collection and data
management systems and freight car securement systems. Portec also manufactures material handling
equipment for industries outside the rail transportation sector through its United Kingdom
operation. Portec operates through its four global business segments: Railway Maintenance Products
(Salient Systems), Shipping Systems, Portec Rail Nova Scotia Company in Canada (Kelsan friction
management, rail anchor and spike products), and Portec Rail Products, Ltd. in the UK (material
handling and Coronet Rail products). Portec Rail Products is headquartered in Pittsburgh, PA.
Important Additional Information
Portec shareholders can obtain copies of the proxy statement relating to the Annual Meeting of
Shareholders (and all other related documents filed with the SEC), when available, at no charge on
the SECs website at www.sec.gov. In addition, shareholders may obtain free copies of such
materials by mailing a request to: John N. Pesarsick, Chief Financial Officer, Portec Rail
Products, Inc., 900 Old Freeport Road, Pittsburgh, PA 15238, or by email to:
jpesarsick@portecrail.com. Portec shareholders may also read and copy any reports, statements and
other information filed by Portec with the SEC, at the SEC public reference room at 100 F Street,
N.E., Washington, DC 20549. Please call the SEC at 1-800-SEC-0330 or visit the SECs website for
further information on its public reference room.
Contact information: | John Pesarsick (412) 782-6000 jpesarsick@portecrail.com |