Héroux-Devtek Inc. announces the election of its directors

LONGUEUIL, QC, Aug. 7, 2014 /CNW Telbec/ - Héroux-Devtek Inc. (TSX: HRX), ("Héroux-Devtek" or the "Corporation"), a leading Canadian manufacturer of aerospace products, announces that, at the annual meeting of shareholders of the Corporation held on August 7, 2014, each of the 8 nominees listed in the management proxy circular dated June 20, 2014 were elected as directors of the Corporation.

Based on the proxies received and the votes on a show of hands, the following individuals were elected as directors of the Corporation until the next annual shareholders' meeting or until their successors are elected or appointed. Accordingly, the voting results are set out below:

RESOLUTION No.1 Votes cast
FOR
% of votes cast
FOR
Votes cast
WITHHELD
% of votes cast
WITHHELD
Name of Nominee
Paule Doré 25,139,071 99.99% 3,349 0.01%
Jean-Louis Fontaine 25,109,392 99.87% 33,028 0.13%
Gilles Labbé 25,109,992 99.87% 32,428 0.13%
Louis Morin 25,139,371 99.99% 3,049 0.01%
James J. Morris 25,138,471 99.98% 3,949 0.02%
Réal Raymond 25,139,421 99.99% 2,999 0.01%
Brian A. Robbins 25,069,592 99.71% 72,828 0.29%
Andrew John Stevens 25,138,105 99.98% 4,315 0.02%


Furthermore, Ernst & Young LLP, Chartered Professional Accountants, were appointed as independent auditors of the Corporation for the ensuing year. As such, a report on the voting results was filed today with the Canadian securities regulatory authorities at www.sedar.com.

ABOUT HÉROUX-DEVTEK INC.
Héroux-Devtek Inc. (TSX: HRX) is a Canadian company specializing in the design, development, manufacture and repair and overhaul of landing gear systems and components for the Aerospace market. The Corporation is the third largest landing gear company worldwide, supplying both the commercial and military sectors of the Aerospace market with new landing gear systems and components, as well as aftermarket products and services. The Corporation also manufactures electronic enclosures, heat exchangers and cabinets for suppliers of airborne radar, electro-optic systems and aircraft controls through its Magtron operations.  On a pro forma basis, approximately 75% of the Corporation's sales are outside Canada, including 50% in the United States. The Corporation's head office is located in Longueuil, Québec with facilities in the Greater Montreal area (Longueuil, Laval and St-Hubert); Kitchener and Toronto, Ontario; Springfield and Cleveland, Ohio; Wichita, Kansas; and Runcorn, Nottingham and Bolton, United Kingdom.

FORWARD-LOOKING STATEMENTS
Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.

SOURCE Héroux-Devtek Inc.

For further information:

From:

Héroux-Devtek Inc.
Gilles Labbé
President and Chief Executive Officer
Tel.: (450) 679-3330

Contact:

MaisonBrison
Martin Goulet, CFA
Tel.: (514) 731-0000