TORONTO, June 28 /CNW/ - Tri-Vision International Ltd. (TSX: TVL) is
pleased to announce that its shareholders overwhelmingly approved all
resolutions brought before them at the Company's Special Shareholder Meeting
held in Toronto today regarding the merger with Wi-LAN. Over 90% of the votes
in favor of the transaction.
Tri-Vision Chairman of the Board Tim Collings said: "As we previously
stated, we think this is an outstanding deal for our shareholders. We have
always been confident in the strength of our V-chip technology and we are
excited about the opportunities this partnership represents. We look forward
to working together with Wi-LAN to ensure a rapid and seamless transition."
"We are delighted that Tri-Vision's shareholders have shown such strong
support for combining our companies," added Jim Skippen, Wi-LAN President &
CEO. "We expect to complete the acquisition tomorrow and are very excited
about working with the Tri-Vision team as we create a technology licensing
About Tri-Vision International Ltd.
Tri-Vision International Ltd. was established 1986. The company is
committed to becoming a leading international supplier of V-chip technology,
multi-media and cable television technologies. Tri-Vision has been publicly
listed since 1993, first on the Alberta Stock Exchange and currently on the
Toronto Stock Exchange (TSX) trading under the symbol TVL.
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To find out more about Tri-Vision International Ltd. (TSX: TVL), visit
our website at www.tri-vision.ca.
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