M E M O R A N D U M
TO: All Employees
FROM: W. G. Henry
DATE: May 26, 1999
SUBJECT: Special Stockholders' Meeting on June 18, 1999
- -----------------------------------------------------------------------------
The Board of Directors of GDC has called for a special stockholders' meeting on
June 18, 1999 for the purpose of authorizing additional shares of common stock.
Since many employees of GDC are also shareholders, I am writing to you to
encourage you to vote in favor of the proposal to authorize the additional
common shares. Proxy cards are now being mailed to all shareholders.
The additional shares are needed for a number of reasons, not the least of which
is to assure that we can continue the employee stock purchase plan and the stock
option program for employees.
In addition, the Company needs to know that, if necessary, it can look to
issuing common stock to provide working capital to fund the new product
developments and to support the new business unit initiatives necessary to make
GDC successful.
As chief financial officer, I need the maximum flexibility to meet the Company's
financial requirements in the best interests of all stockholders as well as
employees. Your vote in favor of the proposal would help me achieve this.
Please sign, date and return your proxy card as soon as possible.
Sincerely,
/S/ William G. Henry