TeraGo Inc.

TeraGo Inc.

June 05, 2012 14:08 ET

TeraGo Announces Results of Annual Meeting of Shareholders

TORONTO, ONTARIO--(Marketwire - June 5, 2012) - 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 Meeting of Shareholders held today in Toronto.

Charles Allen, Grant Ballantyne, Bryan Boyd, Hon. Jerry Grafstein and Jim McDonald were re-elected to the Company's Board of Directors for the ensuing year and KPMG LLP, Chartered Accountants, were re-appointed as the Company's auditors for the 2012 fiscal year.

Richard Brekka and Dennis O'Connell, the two directors previously elected by the Company's Class B shareholder, did not stand for re-election. The Company wishes to thank Mr. Brekka and O'Connell for their contributions while serving on the Company Board and for the continuing support of this shareholder.

About TeraGo Networks

TeraGo Networks Inc. provides small and medium sized businesses with carrier-grade wireless broadband, data and voice communications services. The national network service provider owns and manages its wireless IP network servicing more than 6,300 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.

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