TECSYS Inc.
TSX : TCS

TECSYS Inc.

September 16, 2014 16:43 ET

TECSYS Announces Election of Directors and Appointment of Auditors

MONTREAL, QUEBEC--(Marketwired - Sept. 16, 2014) - TECSYS Inc. (TSX:TCS), (the "Corporation"), announces the results of the matters voted upon at the annual meeting (the "Meeting") of shareholders of the Corporation (the "Shareholders") held on September 11, 2014.

According to the scrutineers' report, shareholders holding 8,624,688 common shares (the "Common Shares") were represented at the Meeting in person or by proxy, representing 74.74% of the issued and outstanding Common Shares as of the record date on July 25, 2014.

The following matters were put to a vote by a show of hands:

Election of Directors

The Shareholders elected the seven nominees listed in the management information circular dated July 28, 2014 (the "Circular") to be the directors of the Corporation (the "Directors"). Each nominee was an incumbent Director and was re-elected by a majority of the votes cast. Each Director will hold office until the next annual meeting of Shareholders or until the election of his successor, unless the Director resigns or the Director's office becomes vacant. The report on proxies provided by the scrutineers at the Meeting was as follows:

Director Nominee Number
of Votes
FOR
Number
of Votes
WITHHELD
Percentage
of Total
Votes FOR
Percentage
of Total
Votes WITHHELD
Frank J. Bergandi 8,237,515 2,000 99.98% 0.02%
David Brereton 7,208,615 1,030,900 87.49% 12.51%
Peter Brereton 7,208,615 1,030,900 87.49% 12.51%
André Duquenne 7,953,267 286,248 96.53% 3.47%
Vernon Lobo 8,237,515 2,000 99.98% 0.02%
Steve Sasser 8,237,515 2,000 99.98% 0.02%
David Wayland 8,237,515 2,000 99.98% 0.02%

Additional information concerning the Directors is available in the Circular, which was mailed to Shareholders in connection with the Meeting and is available on SEDAR (www.sedar.com).

Appointment of Auditors

KPMG LLP, Chartered Professional Accountants, were appointed auditors of the Corporation to hold office until the next annual meeting of Shareholders or until their successors are appointed. The Directors were authorized to fix their remuneration. The report on proxies provided by the scrutineers at the Meeting was as follows:

Number of Votes FOR Number of
Votes
WITHHELD
Percentage of
Total Votes FOR
Percentage of
Total Votes WITHHELD
8,466,652 0 100.00% 0.00%

About TECSYS

TECSYS is a leading supply chain management software provider that delivers powerful enterprise distribution, warehouse and transportation logistics software solutions. The company's customers include more than 600 mid-size and Fortune 1000 corporations in healthcare, heavy equipment, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.

The statements in this news release relating to matters that are not historical fact are forward looking statements that are based on management's beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that TECSYS Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of TECSYS Inc., which could cause actual results to differ materially from such statements. More information about the risks and uncertainties associated with TECSYS Inc.'s business can be found in the MD&A section of the Company's annual report and annual information form for the fiscal year ended April 30th, 2014. These documents have been filed with the Canadian securities commissions and are available on our website (www.tecsys.com) and on SEDAR (www.sedar.com).

Copyright © TECSYS Inc. 2014. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.

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