SASKATOON, SASKATCHEWAN--(Marketwired - May 9, 2014) - The following matters were voted upon at the Annual Meeting of Shareholders ("Annual Meeting") for International Road Dynamics Inc. (the "Corporation") (IRD.TO) held on May 8th, 2014 in Saskatoon, SK. Each of the matters voted upon at the Annual Meeting is discussed in detail in the Corporation's management Proxy and Information Circular dated April 3, 2014.
The voting results for each matter presented at the annual meeting are provided below:
- Election of Directors. The seven director nominees proposed by management were elected by a show of hands. Proxies were received as follows:
|Nominee||Votes For||Percent||Votes Withheld||Percent|
|Dr. A.T. Bergan||1,806,888||98.01%||36,755||1.99%|
|Dr. C. Michael Walton||1,810,247||98.19%||33,396||1.81%|
- Appointment of Auditors. The appointment of KPMG LLP, Chartered Accountants, to serve as the auditors of the Corporation until the next annual meeting of shareholders or until their successors are appointed was approved by a show of hands. Proxies representing 1,847,502 (99.17%) votes for and 15,541 (0.83%) votes withheld were received.
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 Canada 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