in the name of Neograph, Inc. and Delta Capital, Inc., I would like to inform you about changes to the Neograph company. By the end of 2013, Delta Capital, which I manage, increased its share capital in Neograph. As a result, the shareholder structure has changed and Delta Capital now holds shares of over 90 %.
The board of directors will change at the beginning of April and I will be the sole representative of Neograph. At the same time, the name of the company will change from Neograph, Inc. to SPM - Security Paper Mill, Inc.
Over the last 2 years and under my management, I have worked very hard to improve Neograph’s position in the security paper market. We have started cooperation with new partners and increased production of security paper by 30 %. My goal as a new shareholder of Neograph is to continue these trends and expand the portfolio of products and services made available to our customers.
I would like to assure you that this change does not have any impact on current contracts or agreements. Indeed, I would like to restate SPM’s guarantee of providing the highest quality products and services.
I fully believe that this change will be helpful and will continue to enhance our partnership for the future. If you have any questions please do not hesitate to contact me.