TORONTO, ONTARIO--(Marketwired - June 25, 2014) - TeraGo Inc. (TSX:TGO) (www.terago.ca) today announced that its shareholders voted in favour of all resolutions brought before them at the Company's Annual and Special Meeting of Shareholders held yesterday in Toronto.
A total of 8,470,695 common shares representing 73.26% of the Company's issued and outstanding common shares were voted in connection with the meeting. Shareholders voted in favour of the appointment of KPMG LLP, Chartered Accountants, as its auditors with 99.89% of shares voted for and 0.11% of shares withheld. Shares voted at the meeting in respect of the election of all director nominees was as follows:
| Director | % of Votes For | % of Votes Withheld |
| Charles Allen | 100.00 | 0.00 |
| Stewart Lyons | 100.00 | 0.00 |
| Grant Ballantyne | 100.00 | 0.00 |
| Jerry Grafstein | 97.41 | 2.59 |
| Michael Martin | 100.00 | 0.00 |
| Jim Nikopoulos | 100.00 | 0.00 |
| Nicole German | 100.00 | 0.00 |
The updated directors share compensation program was approved with 95.43% of shares voted for by disinterested shareholders and 4.57% of shares voted against.
About TeraGo Networks:
TeraGo Networks Inc. provides businesses across Canada with carrier-grade broadband, data and voice communications services. Colocation and disaster recovery solutions are also provided by Data Centers Canada, a division of TeraGo Networks. The national service provider owns and manages its IP network servicing over 6,400 customer locations in 46 major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg. TeraGo Networks is a Competitive Local Exchange Carrier (CLEC) and is a wholly owned subsidiary of TeraGo Inc. (TSX:TGO). More information about TeraGo is available at www.terago.ca.
Contact Information:
Stewart Lyons
President and CEO
1-877-982-3688
TeraGo Inc.
Joe Prodan
Chief Financial Officer
1-877-982-3688
IR@terago.ca
www.terago.ca