QUEBEC
CITY,
Dec. 3
/CNW Telbec/ - WANTED Technologies Corporation (TSX-V: WAN), the leading source of insight and analysis based on hiring demand, announces the election of the Board of directors of the Company. The shareholders of WANTED approved, at the annual shareholders' meeting held on
December 3rd, 2009
, to increase the number of directors to seven by re-electing
Tim Baskerville
, Jean Énault,
Guy Girard
, André Forest,
Bruce Murray
and Jan Oosterwaal as well as by approving the nomination of Meredith Amdur as new Board member.
Ms. Amdur
is currently head of Strategy/Strategic Planning for Microsoft Corporation's Entertainment & Devices division, a portfolio of businesses of approximately
$8 billion
that includes Xbox, Windows Mobile, PC Hardware, Windows Embedded Software and MSTV. Amdur joined Microsoft in 2007 as director of Strategy for the Xbox business.
Prior to her role with Microsoft,
Ms. Amdur
was a management consultant with Deloitte Consulting LLP, managing a range of strategy development, financial and operations improvement projects for client companies in the media, publishing, telecommunications and Internet space globally. She also served as director of the Media & Content practice for Paris-based satellite industry consultancy, Vista Advisers, providing international strategic planning and market appraisal and valuation services. Prior to her career in corporate strategy and planning, Amdur spent 15 years in business information publishing in both the U.S. and
Europe
.
Ms. Amdur
holds an MBA from
Cornell University
, an MSc from the
London
School of Economics and a BA from the University of North Carolina at Chapel Hill.
WANTED also announces the issuance of a total of 150,000 stock options to three members of its executive team and 50,000 stock options to Meredith Amdur, for a total issuance of 200,000 stock options, all in accordance with the stock option plan of the Company. Each option is subject to a 90 day hold period and entitles its holder to purchase 1 common share of WANTED at a price of
$0.40
per share for a five-year period, up to 20% per year, on a cumulative basis.
About WANTED Technologies Corporation
WANTED is the leading source of insight and analysis based on hiring demand. Clients in the media, HR/staffing, financial services and government sectors use WANTED's online data and SaaS-based analytical solutions to identify economic trends, analyze competitive and market activities and prioritize sales opportunities.
WANTED is also the exclusive data provider for The Conference Board's Help-Wanted OnLine Data Series(TM), the monthly economic indicator of hiring demand in the
United States
.
WANTED Technologies (TSX-V:WAN) was founded in 1999. The company's headquarters are in
Quebec
City,
Canada
, and it maintains a US-based subsidiary with primary offices in
New York City
. The company began collecting detailed hiring demand data in 2002, and currently maintains a database of hundreds of millions of unique job listings. Visit www.wantedtech.com for more information about how WANTED helps organizations make better decisions and improve sales results.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Note to editors: Trademarks and registered trademarks referenced herein remain the property of their respective owners.
%SEDAR: 00022769EF
For further information: Mr. Bruce Murray, President and CEO, (418) 523-6663, ext. 222; Mr. Martin Auclair, VP Finance and CFO, (418) 523-6663, ext. 337; Source: WANTED Technologies Corp.
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