NEW YORK, May 22, 2013 (GLOBE NEWSWIRE) -- Ahead of next week's annual meeting of shareholders of Mac-Gray Corporation (NYSE:TUC), Glass, Lewis & Co LLC ("Glass Lewis"), another leading independent proxy advisory firm, has echoed Institutional Shareholder Services, Inc. ("ISS") in support of both Mr. Hyman and Mr. Rothenberg for election to the Board of Directors. Both preeminent proxy advisory firms now support the slate of directors put forth by Moab Capital Partners on the BLUE proxy cards.
In its report released today, Glass Lewis writes "we believe shareholders would benefit from a cleansing of the board. Though the board claims its directors are 'highly attuned to change and fresh ideas,' management's inability to create shareholder value over the past three years as well as the board's repeated willingness to ignore important governance changes favored by shareholders are troubling."
Please discard your white proxy card and vote for Mr. Hyman and Mr. Rothenberg on your BLUE proxy card today. If you have already submitted your white proxy card, it is not too late to change your mind. Simply vote for Mr. Hyman and Mr. Rothenberg on the BLUE proxy card today by following the instructions on your BLUE proxy card to vote by Internet, telephone or mail.
YOUR VOTE IS IMPORTANT. No matter how many shares you own, we encourage you to make them count by making an informed vote. If you have any questions or need any assistance voting your shares, please contact Alliance Advisors, which is assisting Moab in this matter, toll-free at (888) 991-1298.