EMS Technologies, Inc. (NASDAQ: ELMG) has announced it has received inquiries from potentially interested acquirers and that the Company's Board of Directors has determined to initiate a formal process to explore strategic alternatives. The Board will evaluate the existing inquiries and seek proposals from other potentially interested parties. "As we've previously stated, our Board of Directors is committed to enhancing value for our shareholders and regularly reviews EMS’s strategic position and alternatives available to the Company. While we continue to believe that the successful execution of EMS’s strategic plan is creating significant value for our shareholders, given the level of interest recently shown in the Company, the Board believes it should establish a process to evaluate proposals from potentially interested parties." said Jack Mowell, the Company's Chairman.
In light of the decision to initiate this process, the Board of Directors also announced the postponement of the 2011 Annual Meeting of Shareholders from May 12, 2011 until June 30, 2011. BofA Merrill Lynch is acting as the Company's financial advisor and King & Spalding LLP and Kirkland & Ellis LLP are acting as the Company's legal advisors. The Company does not expect to disclose further information regarding the status of the process unless required by law. The Company emphasizes that there can be no assurance that the process will result in any transaction.

