Rutter Releases Results of Annual and Special Meeting

ST. JOHN'S, NL, Feb. 28, 2013 /CNW/ - Today, Rutter Inc. (TSX: RUT) announced that all resolutions put to the annual and special meeting of shareholders held on February 5, 2013 were passed on a show of hands. The following votes were received in respect of each director nominee:

  Number of Shares For   Number of Shares Withheld
Gary Bruce 37,850,437   64,749
Donald I. Clarke 37,835,437   79,749
Fraser H. Edison 37,837,104   78,082
Ryan Hinz 37,883,986   31,200
David Slager 37,834,604   80,582
James White 37,852,104   63,082

About Rutter Inc. - Rutter is an enterprise focused on providing innovative technologies and engineering solutions. Rutter's global network supplies technologies to improve efficiency and safety in the marine, defense, transportation, oil and gas sectors from its headquarters in the Province of Newfoundland and Labrador. For more information see www.rutter.ca

About OceanWaveS GmbH - OceanWaveS is an enterprise focused on technology development for the real time measurement of directional ocean wave spectra.  OceanWaveS' customer base includes operators in offshore oil development interested in operational safety and efficiency, navies pursuing greater understanding of ship stability and motion prediction, and coastal monitoring stations concerned with vessel traffic management and coastline erosion monitoring.   For more information see www.oceanwaves.org

Forward-Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements reflect current expectations and are subject to a number of risks and uncertainties including but not limited to, change in technology and general market conditions. Due to the many risks and uncertainties, Rutter Inc. cannot assure that forward-looking statements that may be contained in this press release will be realized.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: RUTTER INC.

For further information:

Fraser Edison, President and Chief Executive Officer, Rutter Inc. +1 709 576 6666

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RUTTER INC.

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