Nocopi annual meeting elects director, ratifies auditor; activist settlement reached

NOCOPI TECHNOLOGIES INC/MD/

Philip B. White elected to board (27.6M for, 644k against, 7.5M broker non-votes).
Morison Cogen LLP ratified as independent auditor (35.9M for, 42k against).
Say-on-pay passed (27.7M for); one-year frequency for future votes approved (26.6M for).
Eriksen Group withdrew director nomination after selling shares to Liebowitz; entered 5-year standstill.
Company agreed to reimburse Eriksen Group $75,000 for expenses incurred in proxy solicitation.

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