Acorn International Announces Shareholder Resolutions Adopted at 2012 Annual General Meeting
SHANGHAI, Oct. 26, 2012 /PRNewswire/ -- Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution networks, today announced the resolutions that were adopted at its annual general meeting of shareholders held in Shanghai on October 26, 2012.
At the meeting, Acorn shareholders approved the re-election of Mr. Robert W. Roche and Mr. William Liang to serve on the board of directors. Acorn's shareholders also appointed Deloitte Touche Tohmatsu CPA Ltd. as independent auditor of the Company for fiscal year 2012.
About Acorn International, Inc.
Acorn is a media and branding company in China, operating one of China's largest TV direct sales businesses in terms of revenues and TV airtime, and other direct sales platforms and a nationwide distribution network. Acorn's TV direct sales platform consists of airtime purchased from both national and local channels. Acorn's other direct sales platforms include catalogs, third-party bank channels, outbound telemarketing center and e-commerce websites. Acorn has built a proven track record of developing, promoting and selling proprietary-branded products, as well as products from established third parties. For more information, please visit http://ir.chinadrtv.com.
SOURCE Acorn International, Inc.