-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LmYla85wH0wS9I4bakB0GiTozn0xd+VFo5gi63fhBhy08pLnGHXpAlz+rS0Lgydz t9Tt/LRm/aVqJutj55WYtQ== 0000950152-05-008235.txt : 20051019 0000950152-05-008235.hdr.sgml : 20051019 20051019123324 ACCESSION NUMBER: 0000950152-05-008235 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20051019 DATE AS OF CHANGE: 20051019 EFFECTIVENESS DATE: 20051019 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MYLAN LABORATORIES INC CENTRAL INDEX KEY: 0000069499 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 251211621 STATE OF INCORPORATION: PA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-09114 FILM NUMBER: 051144641 BUSINESS ADDRESS: STREET 1: 1500 CORPORATE DRIVE STREET 2: SUITE 400 CITY: CANONSBURG STATE: PA ZIP: 15317 BUSINESS PHONE: 724-514-1800 MAIL ADDRESS: STREET 1: 1500 CORPORATE DRIVE STREET 2: SUITE 400 CITY: CANONSBURG STATE: PA ZIP: 15317 FORMER COMPANY: FORMER CONFORMED NAME: FRM CORP DATE OF NAME CHANGE: 19711003 DEFA14A 1 j1649901defa14a.htm MYLAN LABORATORIES DEFA14A Mylan Laboratories DEFA14A
 

SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934 (Amendment No. __)

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Mylan Laboratories Inc.


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For Immediate Release
  CONTACTS:   Patrick Fitzgerald (Public Relations)
Mylan Laboratories Inc.
724.514.1800

 
      Kris King (Investor Relations)
Mylan Laboratories Inc.
724.514.1800
ISS Recommends Vote for Mylan Laboratories Board Nominees
PITTSBURGH, Oct. 18, 2005 — Mylan Laboratories Inc. (NYSE: MYL) today announced that Institutional Shareholder Services (ISS) has recommended that shareholders vote in favor of both proposals being presented by Mylan’s Board of Directors at the Annual Meeting of Shareholders on October 28, 2005. Specifically, ISS has recommended a vote for the election of each of Mylan’s nine Board nominees and for the ratification of the selection of Mylan’s independent registered public accounting firm.
In its report, ISS stated: “A substantial majority of the board members are independent outsiders and the key board committees include no insiders or affiliated outsiders.” Based on ISS’s standards of independence, six of Mylan’s nine director nominees, or two-thirds of the Board, were designated as independent outsiders. The key board committees referred to by ISS are the Audit Committee, the Compensation Committee and the Governance and Nominating Committee.
Milan Puskar, Mylan’s Chairman, commented: “We are very pleased with ISS’s voting recommendations and with the fact that under ISS’s exacting standards two-thirds of our directors were designated as independent outsiders. Mylan continues to be committed to strong corporate governance practices.”
About Mylan Laboratories
Mylan Laboratories Inc. is a leading pharmaceutical company with three principal subsidiaries, Mylan Pharmaceuticals Inc., Mylan Technologies Inc. and UDL Laboratories, Inc. that develop, license, manufacture, market and distribute an extensive line of generic and proprietary products.

 

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