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The Board of Directors believes that adherence to sound corporate governance policies and practices is important in ensuring that PLC Systems Inc. is governed and managed with the highest standards of responsibility, ethics and integrity and in the best interests of its stockholders. The Board has adopted Principles of Corporate Governance, which provide an effective corporate governance framework for PLC, intended to reflect a set of core values that provide the foundation for PLC's governance and management systems and its interactions with others.
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