SOURCE: EVS BROADCAST EQUIPMENT

May 18, 2010 12:53 ET

EVS shareholders approve a total gross dividend of EUR 2.48 and the appointment of Christian Raskin and Jean-Pierre Pironnet as new directors

OUGREE, BELGIUM--(Marketwire - May 18, 2010) -


Liège - Belgium, May 18, 2010, EVS Broadcast Equipment S.A. (Euronext Bruxelles: EVS.BR, Bloomberg: EVS BB, Reuters: EVS.BR), (Pinksheets: EVBEF), the leader in Professional Digital Video applications for live and studio TV production, held today its Annual Ordinary Meeting of Shareholders.

48 shareholders representing 3.177.622 shares, or 23.3% of the company shares, attended physically or by proxy the shareholders meeting at EVS Head Office. All Board propositions have been approved and in particular the following points:

100% of the represented shareholders approved a total gross dividend of EUR 2.48 for fiscal year 2009 which implies the payment of a final gross dividend of EUR 1.48 (EUR 1.11 after payment of withholding tax of 25%, ex-date May 27, 2010, and payment date June 1, 2010).

The shareholders also approved all proposed Board mandates renewals or first elections: Pierre L'Hoest, Founder, Managing Director, CEO, 6 years (approved by 96.2% of the votes), Michel Counson, Founder, Managing Director, CTO, 6 years (81.0%), Christian Raskin, independent, 1 year (100%), Acces Direct S.A., independent, 4 years, repr. by Pierre Rion (97.8%), Francis Bodson, 1 year (91.3%), Laurent Minguet, Founder, 1 year (82.5%), Jean-Pierre Pironnet, 1 year (79.9%).

Thereby, two new Directors are joining the Board:

-- Christian Raskin (1947) has been a member of the Board of Management of Draka Holding, a major European cable company with leading positions in Belgium, the Netherlands and France. He holds a Master in Economics from the UCL in Belgium. In 1984, he cofounded Zetes Electronics (today Zetes Industries, listed on Euronext Brussels). He joined Draka in 1991 and was successively Managing Director of Plasma Optical Fiber BV in Eindhoven (Netherlands), Draka France, Draka Nederland BV, before joining the corporate office and the Board of Management of Draka in 2001. He will serve as independent Director on the Board of EVS.

-- Jean-Pierre Pironnet (1951) is Director of different non listed companies, and is managing private assets. He was an active shareholder of EVS from the foundation of the company until its listing in 1998, during which he played an important role. He is a Doctor in Medicine from the University of Liège.

Cytindus SA, represented by Michel Delloye, saw its mandate expire after 13 years in the Board of EVS, of which he served 3 years as Chairman. According to the Corporate Governance rules, his independence qualification does expire at the end of 3 successive mandates. Cytindus's involvement as a shareholder and director started prior to the IPO back in 1997 and Michel Delloye has, since then, been key in the professionalization of EVS Board and Committees. He helped institutionalizing the company and his wise advices have always been helpful in the different development stages of EVS Group.

The Extraordinary General Meeting did not meet the minimum required 50% legal attendance quorum. As a consequence, a new meeting is invited for June 7, 2010, with the same agenda:

1. Renewal Authorized capital
2. Issuance of 250,000 new warrants
3. Cancellation of article 32 of the statutes


The documents relating to these different shareholders' meetings are available on www.evs-global.com.

Corporate Calendar:
Thursday May 27, 2010                Ex-date strip #10
Tuesday June 1, 2010                 Payment date strip #10
Monday   June  7, 2010               Postponed  Extraordinary  General
                                      Meeting
Thursday August 26, 2010             2Q10 revenue and results

For more information, please contact:
Jacques GALLOY, Director & CFO
Geoffroy d'OULTREMONT, Investor Relations & Corporate Communications
Manager
EVS  Broadcast Equipment  S.A., Liege  Science Park,  16 rue du Bois Saint-
Jean,
B-4102 Ougrée (Liège), Belgium
Tel:    +32    4 361 70 14.  E-mail: corpcom@evs.tv; www.evs-global.com


About EVS Group

EVS Broadcast Equipment designs, develops and markets professional digital equipment for Television. The company employs over 275 persons in 14 countries and sells its products to professionals of the video and audio sectors in more than 90 countries. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371. For more information, refer to www.evs-global.com

EVS Broadcast is the world leader for Live TV Production Digital Disk Recorders and Related Software Applications, especially in the field of sports. The company's dedicated hardware and software suite offer a complete production platform: live slow motion (LSM), high speed slow motion, replay only, clips generation, quick clips editing, real-time SD/HD video files transfer, time delay, multi-camera recording, metadata association, graphics storage and play-out, digital transmission, multi-format ingest and play-back, audio record & edit, webcasting, mobile phone clipping. Main software applications like the "IP Director®" are running on the dedicated robust and flexible hardware the "XT[2]® Platform". The world's leading broadcasters, such as NBC, BSkyB, FOX, RTBF, RTL, NHK, CANAL+, ABC, ESPN, TF1, CCTV, PBS, CBS, BBC, ZDF, Channel One, Channel7, RAI, TVE, NEP, MEDIAPRO, EUROMEDIA, BEXEL, ALFACAM and many others use EVS' solutions. EVS 41,3% affiliate XDC is the European leader for Digital Cinema technology and services in Europe with more than 1,350 committed digital screens in 11 European countries (Germany, Switzerland, Spain, Austria, Portugal, Belgium, The Netherlands, Hungary, Czech Republic, Slovakia and Poland) out of which 50% have already been deployed


[HUG#1416953]

Press release: http://hugin.info/133958/R/1416953/367470.pdf

Contact Information