MECHANICAL TECHNOLOGY, INCORPORATED (OTCMKTS:MKTY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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MECHANICAL TECHNOLOGY, INCORPORATED (OTCMKTS:MKTY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 30, 2017, Kevin G. Lynch resigned from the Boards of Directors of Mechanical Technology, Incorporated and its affiliates, effective the close of business on May 31, 2017.

 


About MECHANICAL TECHNOLOGY, INCORPORATED (OTCMKTS:MKTY)

Mechanical Technology, Incorporated conducts operations through its subsidiary, MTI Instruments, Inc. (MTI Instruments). MTI Instruments supplies precision linear displacement solutions, vibration measurement and system balancing solutions, and wafer inspection tools. The Company’s product offerings include Accumeasure Series, Microtrak 4, Microtrak PRO-2D, MTI-2100 Fotonic Sensor Series, Accumeasure D Series, Microtrak TGS, PBS-4100+ Portable Balancing System, PBS-4100R+ Test Cell Vibration Analysis & Trim Balancing System, TSC-4800A Tachometer Signal Conditioner and 1510A Calibrator, Accumeasure Digital Series, Accumeasure Analog Series, Semtester Tensile Stages and Proforma 300i, PV 1000. MTI Instruments serves markets that require precise measurements and control of products and processes in automated manufacturing, assembly and operation of machinery, and metrology tools for semiconductor and solar wafer characterization, among others.

MECHANICAL TECHNOLOGY, INCORPORATED (OTCMKTS:MKTY) Recent Trading Information

MECHANICAL TECHNOLOGY, INCORPORATED (OTCMKTS:MKTY) closed its last trading session up +0.060 at 0.940 with 2,664 shares trading hands.