Absolute Software Reports Voting Results of Election of Directors
Vancouver, Canada: December 9, 2014 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, announced that, at its annual general and special meeting of shareholders held on December 8, 2014 (the “AGM”), each of the nine nominees listed below proposed as directors and listed in its management information circular dated November 7, 2014 were elected as directors. Mr. Terry Libin and Mr. Ian Reid did not put forward their names for nomination as directors at the AGM.
The detailed results of the voting by proxy for each nominee are as follows:
Mr. J. Ian Giffen
Mr. Geoff Haydon
Mr. Arthur Mesher
Mr. Gregory Monahan
Mr. Eric Rosenfeld
Mr. Daniel P. Ryan
Mr. Josef Vejvoda
Mr. Sal Visca
Mr. Gerhard Watzinger
The new directors are Mr. Gerhard Watzinger, Mr. Arthur Mesher and Mr. Josef Vejvoda. Shareholders also voted in favor of the Advance Notice Policy and the Phantom Share Unit Plan. The Company withdrew the proposed New Articles of Incorporation from consideration at the AGM. Detailed voting results will be available on SEDAR at www.sedar.com.
"I would like to welcome our new directors to the board,” said Geoff Haydon, Chief Executive Officer at Absolute Software. “Having such seasoned industry leaders join the board validates our position as an IT security leader as we define a new category which represents the nexus of mobility, security and cloud computing.”
“On behalf of the board I would like to thank Mr. Libin and Mr. Reid for their outstanding past contributions,” said Dan Ryan, Chairman at Absolute Software. “I would also like to welcome the new members of the board. The collective experience and talent represented by the new directors will help to drive the incredible growth and opportunity that is already underway at Absolute Software.”
Absolute empowers more than 12,000 customers worldwide to protect devices, data, applications, and users against theft or attack — both on and off the corporate network. With the industry’s only tamper-proof endpoint visibility and control solution, Absolute allows IT organizations to enforce asset management, security hygiene, and data compliance for today’s remote digital workforces. Absolute’s patented Persistence®technology is embedded in the firmware of Dell, HP, Lenovo, and 22 other leading manufacturers’ devices for vendor-agnostic coverage, tamper-proof resilience, and ease of deployment. See how it works atwww.absolute.comand follow us at@absolutecorp.
This press release contains forward-looking statements and financial outlook that involve risks and uncertainties. These forward-looking statements and financial outlook relate to, among other things, the expected performance, functionality and availability of the Company’s services and products, and other expectations, intentions and plans contained in this press release that are not historical facts. When used in this press release, the words “plan,” “expect,” “believe” and similar expressions generally identify forward-looking statements. These statements reflect the Company’s current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and general market conditions. In light of the many risks and uncertainties, readers of the press release should understand that Absolute cannot assure them that the forward-looking statements and financial outlook contained in this press release will be realized. Furthermore, the forward-looking statements and financial outlook contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements and financial outlook, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.