MTI Global Inc.

MTI Global Inc.

March 23, 2010 17:39 ET

MTI Global Inc. Announces Special Meeting of Shareholders and Record Date

MISSISSAUGA, ONTARIO--(Marketwire - March 23, 2010) - MTI Global Inc. ("MTI") (TSX:MTI) announces that the Company has scheduled a special meeting of shareholders to seek approval for the proposed sale of MTI PolyFab Inc. and other aerospace-related assets to 3M Canada Company.

The meeting will begin at 2:00 p.m. and will be held on April 23, 2010 at The Toronto Board of Trade. The record date for the purpose of determining shareholders entitled to receive notice of and to vote at the meeting is March 22, 2010.

A management information circular prepared in respect of the meeting will be mailed to shareholders of record later this month and will also be available at and The management information circular will provide important information about the proposed sale as well as information related to voting procedures.

About MTI

MTI Global Inc. (TSX:MTI) designs, develops and manufactures custom-engineered products using silicone and other cellular materials. The Company serves a variety of specialty markets focused on three main product categories: Silicone, Aerospace and Fabricated Products. MTI's manufacturing divisions develop and produce silicone foam using patented technology. The Company designs and fabricates energy management systems from a variety of flexible, cellular materials. MTI also produces and distributes specialty silicone elastomer products. MTI's primary markets are aerospace and mass transit. Secondary markets include sporting goods, automotive, industrial, institutional, electronics. MTI's head office and Canadian manufacturing operations are located in Mississauga, Ontario, with manufacturing operations located in Pensacola, Florida; and a contract manufacturer venture in Ensenada, Mexico. The Company's website is

Contact Information

  • Fleishman-Hillard Canada
    Alison Ford
    Investor Relations
    (416) 214-0701