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EDMONTON and CALGARY, June 13 /CNW/ - Sylogist Ltd. (TSX-V:SYZ)
("Sylogist" or the "Company") is pleased to announce that at its Annual
General Meeting held on June 12, 2008 the shareholders appointed the following
Directors to its Board:
- Mr. James Wilson, Chairman (audit).
- Mr. Ron Cherkas (audit, compensation);
- Mr. Fraser Elliott (audit, compensation); and
- Mr. David Elder.
At the Board meeting following the AGM the Board appointed Mr. Wilson as
Chair and the directors to the above noted committees.
The Company expresses its appreciation to Mr. Bill Hews, who did not seek
re-election at the AGM, for his efforts and dedication to Company since
joining the Board in 2002.
On June 12, 2008, the Board granted an aggregate of 550,000 options at
the current market price to directors and officers of the Company pursuant to
its Stock Option Plan. Each such option entitles the holder to acquire a
common share of the Company, subject to certain conditions.
Sylogist provides leading enterprise information management and
collaboration software applications to municipal, education and private sector
customers. We provide an integrated suite of business applications to
municipalities that serve their needs for revenue, finance and operations
management capabilities. Our education applications provide financial, student
information and collaborative web-based systems for the K-12 market. Our
industry leading collaborative web solutions enhance teacher, parent and
student on-line collaboration driving improved student achievement.
The Company's stock is traded on the TSX Venture Exchange under the
symbol SYZ. Information about Sylogist can be found at http://www.sylogist.com
or on the Corporation's profile on SEDAR.
- The TSX-Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release -
For further information:
For further information: James D. Wilson, President and CEO, Sylogist
Ltd., (403) 705-2506