Evertz Technologies Limited

Evertz Technologies Limited

September 11, 2015 16:25 ET

Evertz Technologies Announces Results of Annual General Meeting

BURLINGTON, ONTARIO--(Marketwired - Sept. 11, 2015) -

Attention Business/Financial Editors:

Evertz Technologies Limited ("Evertz" or the "Company") (TSX:ET), the leader in Software Defined Video Network ("SDVN") technology, held its 2015 Annual Meeting of Shareholders on September 9, 2015 in Toronto, Ontario and the results of the voting are as follows:

Election of Directors

The five nominees listed in the management information circular for the meeting were elected as directors of the Company. Detailed results of the vote for the election of such nominees based on proxies received are set out below.

Nominee Votes For Votes Withheld
Douglas A. DeBruin 55,229,993 2,721,967
Romolo Magarelli 55,288,093 2,663,867
Dr. Thomas V. Pistor 57,610,106 341,854
Christopher M. Colclough 56,790,944 1,161,016
Dr. Ian L. McWalter 57,610,606 341,354

In addition to the nominees listed in the information circular, Messrs. Rakesh Patel and Brian Piccioni were nominated for election as directors at the meeting and were elected unanimously pursuant to a vote by show of hands. Accordingly, the Company now has seven directors. Mr. Patel is the Chief Technology Officer of the Company and Mr. Piccioni is an independent director.

Re-appointment of Auditor

The resolution re-appointing Deloitte LLP as the Company's auditors and authorizing the directors of the Company to determine the auditors' remuneration was unanimously carried pursuant to a vote by show of hands.

Re-approval of Stock Option Plan

The resolution to re-approve the Company's stock option plan and to approve all unallocated options thereunder was unanimously carried pursuant to a vote by show of hands.

About Evertz

Evertz Technologies Limited (TSX:ET) designs, manufactures and markets video and audio infrastructure solutions for the television, telecommunications and new-media industries. Evertz provides complete end- to-end solutions to content creators, broadcasters, specialty channels and television service providers to support their increasingly complex multi-channel digital and high definition television ("HDTV") and next generation high bandwidth low latency IP network environments and by telecommunications and new-media companies. Evertz' products allow its customers to generate additional revenue while reducing costs through the more efficient signal routing, distribution, monitoring and management of content as well as the automation of previously manual processes.

Contact Information

  • Evertz Technologies Limited
    Anthony Gridley
    Chief Financial Officer
    (905) 335 7580