NEWS
RELEASE
FOR IMMEDIATE
RELEASE
CONTACT:
Stephen
D. Axelrod, CFA (Investors)
Wolfe Axelrod
Weinberger Associates, LLC
212-370-4500
steve@wolfeaxelrod.com
SECURITIES
AND EXCHANGE COMMISSION (SEC) CLEARS PROXY STATEMENT FILED BY
ACTIVIST
SHAREHOLDER OF ARTES MEDICAL, INC.
-
Proxy Seeking to Replace Five Board Directors -
-
Proxy Solicitation Firm to Contact Shareholders to Solicit Votes Ahead of Next
Annual Shareholders’ Meeting to Be Held on October 30, 2008 –
New York, NY – October 6, 2008 – Dr.
H. Michael Shack, Proxy Organizer and shareholder of Artes Medical, Inc.
(NASDAQ: ARTE), announced today that his proxy statement has been cleared
by the U.S. Securities and Exchange Commission and he can now commence
soliciting proxies from shareholders for the election of five new candidates to
join the Board of Directors of Artes Medical, Inc. (the “Company”) at the 2008
annual meeting to be held on October 30, 2008 at 10:00am PT at the San Diego
Marriott Del Mar located at 11966 El Camino Real, San Diego,
California. All shareholders will receive Dr. Shack’s proxy
statement, along with a BLUE proxy card, shortly.
Dr. Shack
stated, “I am excited that my team can now proceed with our proxy solicitation
and, with the help of my fellow Artes shareholders, implement positive changes
to the Artes Medical Board of Directors. I urge all shareholders to return the
BLUE proxy card immediately – make your voice heard.”
Dr. Shack
has engaged MacKenzie Partners, Inc. to conduct the proxy solicitation.
MacKenzie Partners will solicit the votes of all shareholders on behalf of Dr.
Shack and be available to answer their questions. A website has
been created to provide shareholders with updates on Dr. Shack’s solicitation
campaign – www.artesproxy.com –
all documents on the website will also be available in German
language.
A BLUE
proxy card will be mailed to all shareholders who are encouraged to immediately
sign, date and return it to MacKenzie Partners in order to vote their shares in
favor of Dr. Shack’s proposals.
Dr. Shack
is seeking to replace two current board members whose terms have expired and
remove three current Board Members ‘for cause’ and elect the following as new
Board Members: Charles A. Schliebs, Terry Knapp, M.D., Robert Binkele, Eric
Donsky and Dr. Michael Shack, among other items as listed in the proxy
statement.
If you
have any questions or need assistance voting your shares, you can reach
MacKenzie Partners, Inc. at (212) 929-5500 or via e-mail at proxy@mackenziepartners.com.
Forward-Looking
Statements
This
letter to stockholders contains forward-looking statements that are based on the
Proxy Organizer’s current beliefs and assumptions and on information currently
available to the Proxy Organizer. Forward-looking statements involve
known and unknown risks, uncertainties and other factors that may cause the
Company’s actual results, performance or achievements to be materially different
from any future results, performance or achievements expressed or implied by the
forward-looking statements. As a result of these risks, uncertainties
and other factors, readers are cautioned not to place undue reliance on any
forward-looking statements included in this letter to
stockholders. These forward-looking statements represent beliefs and
assumptions only as of the date of this letter, and the Company assumes no
obligation to update these forward-looking statements publicly, even if new
information becomes available in the future.
Important
Additional Information
On
October 6, 2008, the Proxy Organizer filed a definitive proxy statement with the
Securities and Exchange Commission (the “SEC”) in connection with the
solicitation of proxies for the Company’s 2008 annual meeting of stockholders
(the “Proxy Statement”). The Proxy Organizer will mail the Proxy Statement to
stockholders prior to the annual meeting. The Proxy Statement contains important
information about the Company and the annual meeting. The Company’s stockholders
are urged to read the Proxy Statement carefully. Stockholders will be
able to obtain copies of the Proxy Organizer’s 2008 Proxy Statement and other
documents filed by the Company with the SEC in connection with the Company’s
2008 annual meeting of stockholders for free at the SEC’s website at
www.sec.gov. The Proxy Organizer is deemed a participant in the
solicitation of proxies from stockholders in connection with the Company’s 2008
annual meeting of stockholders.
The
contents of the websites referenced above are not deemed to be incorporated by
reference into the Proxy Organizer’s Proxy Statement.
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