Redline Communications Announces Election of Directors
TORONTO, June 28, 2014 /CNW/ - Redline Communications (www.rdlcom.com) Group Inc.(TSX: RDL), a leading provider of mission critical wireless networks for the oil and gas industry, today announced that all of management's nominees listed in the management proxy circular of Redline Communications dated May 27, 2014, 2014 were elected as directors of Redline to hold office until the next annual meeting of shareholders of Redline or until their successors are elected or appointed.
The detailed results of the vote for the election of directors held at Redline's Annual General and Special Meeting of Shareholders on June 25, 2014 are set out below.
|Name of Nominee||Votes For||Percentage||Votes Withheld||Percentage|
|Philippe de Gaspe Beaubien||6,516,737||67.36%||3,157,983||32.64%|
|Nizar Jaffer Somji||9,673,795||99.99%||925||00.01%|
Final voting results on all matters voted at the Annual General and Special Meeting have been filed with Canadian securities regulators.
About Redline Communications
Redline Communications (www.rdlcom.com) is the creator of powerful wide-area wireless networks for the most challenging applications and locations. Used by oil and gas companies to manage their assets, militaries for secure battlefield communications, municipalities to remotely monitor highways, utilities and other infrastructures, and telecom service providers to deliver premium services, Redline's powerful and versatile networks reliably and securely deliver voice, data, M2M and video communications for mission-critical applications.
Forward Looking Statements
Certain statements in this release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws. In some cases, forward-looking statements can be identified by terms such as "could", "expect", "may", "will", "anticipate", "believe", "intend", "estimate", "plan", "potential", "project" or other expressions concerning matters that are not historical facts. Readers are cautioned not to place undue reliance upon any such forward-looking statements.
Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management's current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the "Assumptions"). While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.
SOURCE Redline Communications Group Inc.For further information:
Chief Communications Officer