Adaptec Cancels Annual Meeting of Stockholders

This is a Press Release edited by StorageNewsletter.com on Fri, November 6th, 2009

As a result of the consent solicitation initiated by Steel Partners

Adaptec, Inc. announced that its 2009 Annual Meeting of Stockholders originally scheduled to be held on Tuesday, November 10, 2009 at 1:00 p.m., Pacific Time, has been canceled as a result of certain developments relating to the Consent Solicitation commenced by Steel Partners II, L.P.

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