D-BOX Technologies Inc.

TSX : DBO


D-BOX Technologies Inc.

August 14, 2014 17:14 ET

D-BOX Technologies Announces the Election of its Directors

LONGUEUIL, QUEBEC--(Marketwired - Aug. 14, 2014) - D-BOX Technologies inc. (TSX:DBO) ("DBO" or the "Corporation"), a leader in innovative motion technology, is pleased to welcome three new directors to its Board, namely Louis Bernier, Pierre-Gabriel Côté and Sylvain Lafrance.

Louis Bernier is lawyer and partner at Fasken Martineau and specializes in labor law. He represents companies in all sectors of the economy. Bernier is listed in The Best Lawyers in Canada as a leading expert in labor and employment law and is also recognized by Lexpert for employment law (repeatedly recommended) and labor law (consistently recommended).

Pierre Gabriel Côté was president and CEO of Fibrek from 2008 to 2012, when the company was the subject of a takeover bid. He has held senior management positions with Bombardier Business Aircraft, Kruger, Rogers Sugar Income Fund, Abitibi Consolidated and Donohue. Currently, he serves as a member of the Centre de Commercialisation en Innovation Manufacturière (Marketing Center for Innovation in Manufacturing).

Lastly, Sylvain Lafrance has held key positions with Société Radio-Canada where, in particular, he successfully integrated radio, television and Internet services to create one of the largest French-language broadcasting groups. He currently serves on the board of directors for the Société des Alcools du Québec and the Square Victoria Group, and is Chairman of the Board at the Québec Film and Television Council.

The Corporation also wishes to greatly thank outgoing director Jean Colbert for the important contributions he has made to the Board over the years. As a recognised operator of commercial theatres, D-BOX benefitted from his expertise and counsel allowing it to properly gain ground within this industry.

Moreover, all of the proposed nominees for the Board of Directors in the proxy circular dated July 16, 2014, were elected at the Corporation's annual meeting of the shareholders held last August 13 in Montreal.

The voting results are as follows:

Name of Nominee Votes For % For Votes Withheld % Withheld
Claude Mc Master 90,820,525 99.96% 35,010 0.04%
Élaine C. Phénix 85,820,525 94.46% 5,035,010 5.54%
Louis Brunel 85,800,525 94.44% 5,055,010 5.56%
Kit Dalaroy 85,840,525 94.48% 5,015,010 5.52%
Jean Lamarre 85,839,525 94.48% 5,016,010 5.52%
Louis P. Bernier 90,840,525 99.98% 15,010 0.02%
Pierre-Gabriel Côté 86,107,309 94.77% 4,748,226 5.23%
Sylvain Lafrance 90,820,525 99.96% 35,010 0.04%

Also, Mr. Jean Lamarre was named Chairman of the Board in replacement of Mr. Louis Brunel who will remain on the Board of Directors of the Corporation. Mr. Lamarre joins the other directors and members of the management team to thank Mr. Brunel for his precious contributions as Chairman of the Board

About D-BOX

D-BOX Technologies Inc. designs, manufactures and commercialize cutting-edge motion systems intended for the entertainment and industrial markets. This unique and patented technology uses motion effects specifically programmed for each visual content which are sent to a motion system integrated into either a platform, a seat or any other product. The resulting motion is perfectly synchronized with the on-screen action, thus creating an unparalleled realistic immersive experience.

D-BOX®, D-BOX Motion Code®, Motion Architects® and Architectes du Mouvement® are trademarks of D-BOX Technologies Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

Disclaimer in regards to forward-Looking Statements

Certain statements included herein, including those that express management's expectations or estimates of our future performance, constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. The Corporation disclaims any intent or obligation to update publicly these forward looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Luc Audet
    Vice-President and Chief Financial Officer
    D-BOX Technologies Inc.
    450-442-3003 ext 296
    laudet@d-box.com

    Investor Relations
    Marc Jasmin CPA, CMA, President
    PMJ Communications Inc.
    514-231-2360
    marc@comjasmin.com