HERNDON, Va.--()--Wireless Matrix Corporation (TSX: WRX) (the “Corporation”), the leading provider of software and communications to improve service fleet performance metrics, today announced the results of its Annual Shareholder Meeting held on Sept. 6, 2012.
“On behalf of the Board of Directors, I would like to express sincere appreciation for the significant contributions made by Mr. Bonner over the years”
Wireless Matrix’s elected Board of Directors shall consists of seven directors, namely: Alex Washburn (Chairman), Ingelin Dropping, Arve Johansen, Bernard Maskerine, Richard Meyers, Kirsten Morbeck and Paul Nimigon. They shall each serve as a director of the Corporation until the close of the next annual meeting of shareholders of the Corporation or until his or her office is earlier vacated in accordance with the by-laws of the Corporation. Mr. Ian Bonner did not stand for re-election as a director of the Corporation.
Wireless Matrix also announces that its Board of Directors has appointed Richard Myers to the newly created position of Executive Chairman. In his new role, Mr. Myers, with his over 20 years of operational, technical, and mergers and acquisitions experience spanning technology start-ups to Fortune 500 companies, will assist the Corporation in assessing its strategic alternatives, including the development of its next generation high speed satellite solution.
“On behalf of the Board of Directors, I would like to express sincere appreciation for the significant contributions made by Mr. Bonner over the years,” said Alex Washburn. “He has been instrumental in helping to transform Wireless Matrix into a leading fleet management applications provider.” Mr. Washburn further added, “The diverse expertise and leadership of the elected board, along with Mr. Myers’ vast strategic experience, is committed to delivering value to all stakeholders.”
In addition to the election of the Board of Directors at the Annual Shareholder Meeting, Ernst and Young LLP, Chartered Accountants, were re-appointed as the auditors of the Corporation.
About Wireless Matrix
Wireless Matrix Corporation (TSX: WRX) provides fleet solutions to improve delivery metrics. The company’s software and wireless data solutions provide intelligence for managing, measuring and monitoring service execution. Users consistently report greater on-time arrivals, increased productivity and lower total operating expenses. The Wireless Matrix solution suite includes FleetOutlook®, a web-based platform providing fleet operators complete visibility of their operations, and vehicle mounted cellular and satellite wireless data communication services. Wireless Matrix is headquartered in Herndon, Va. For more information visit www.wirelessmatrix.com.