MRO Magazine

IRD Report on Voting Results From 2015 Annual and Special Meeting of Shareholders


May 6, 2015
By Marketwired News

SASKATOON, SASKATCHEWAN–(Marketwired – May 6, 2015) – The following matters were voted upon at the Annual and Special Meeting of Shareholders (“Annual and Special Meeting”) for International Road Dynamics Inc. (the “Corporation”) (TSX:IRD) held on May 5, 2015 in Saskatoon, Saskatchewan. Each of the matters voted upon at the Annual and Special Meeting is discussed in detail in the Corporation’s management Proxy and Information Circular dated April 1, 2015.

The voting results for each matter presented at the annual meeting are provided below:

  1. Election of Directors. The seven director nominees proposed by management were elected as directors. The results are as follows:
NomineeVotes For Percent Votes Withheld Percent 
Dr. A.T. Bergan5,673,397 94.89%244,487 4.09%
Terry Bergan5,776,356 96.61%141,528 2.37%
Sharon Parker4,141,256 69.26%1,776,628 29.72%
Ray Harris5,785,219 96.76%132,665 2.22%
Harvey Alton5,789,474 96.83%128,410 2.15%
Dr. C. Michael Walton5,798,743 96.99%119,141 1.99%
Ray Kolla4,137,787 69.20%1,780,097 29.77%
  1. Appointment of Auditors. KPMG LLP, Chartered Accountants, was appointed to serve as the auditors of the Corporation for the ensuing year.
  1. Shareholder Rights Plan. The shareholders approved the Corporation’s new Shareholder Rights Plan.
  1. Approval of Stock Option Plan. The shareholders did not approve the Corporation’s amended and restated Stock Option Plan.

IRD is a highway traffic management technology company specializing in supplying products and systems to the global Intelligent Transportation Systems (ITS) industry. IRD is a North American company based in Saskatoon, Saskatchewan with sales and service offices throughout the United States and overseas. Private corporations, transportation agencies and highway authorities around the world use IRD’s products and advanced systems to manage and protect their highway infrastructures.

The Company’s shares trade on the Toronto Stock Exchange under the symbol IRD.

IRD is listed on the TSX – trading symbol – IRD

www.irdinc.com

International Road Dynamics Inc.
Terry Bergan
President & CEO
(306) 653-6600

International Road Dynamics Inc.
Francine Senecal-Lepage
Investor Relations
(306) 653-1454
(306) 653-6603
irdir@irdinc.com
www.irdinc.com