DOYLESTOWN, Pa.—The Quigley Corp. held its annual shareholder meeting on May 5, where shareholders approved to change the name of the corporation to ProPhase Labs Inc.; the ticker symbol of the company will also change to PRPH (NASDAQ). The changes in the name and ticker were effective May 6 and May 7, respectively. The new corporate Web site is ProPhaseLabs.com.
In additional news, the shareholders also re-elected the seven members of the board of directors, ratified the 2010 Equity Compensation Plan and Directors’ Equity Compensation Plan, and approved the selection of Amper, Politziner & Mattia, LLP as the company’s independent registered public accounting firm for the fiscal year ending Dec. 31, 2010.
“The vote was a culmination and affirmation of more than a year of very hard work,” said CEO Ted Karkus. “The shareholder support for our team is very much appreciated. Our new identity sets the stage for a new growth phase for our company by improving our image with our important retailers as well as with investors.”
The roll-out of the corporate identity change to ProPhase Labs will occur over the next six to eight weeks. Other aspects of the new corporate name and identity will include a new corporate logo, and improved packaging for the Cold-EEZE® and Kids-EEZE® products.
