Perk.com Inc. Reports Voting Results from Annual and Special Meeting of Shareholders

AUSTIN, Texas--()--Perk Inc. (TSX: PER) (“Perk” or “the Company”), announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its annual and special meeting of shareholders held June 8, 2016 in Toronto, Ontario (the “Meeting”).

A total of 14,350,540 common shares were represented at the Meeting, representing approximately 61.58% of the issued and outstanding common shares of the Company. Shareholders voted in favor of all items of business put forward at the Meeting as set out in the Company’s management information circulate dated April 25, 2016 (the “Circular”), including (i) the appointment of Deloitte LLP as auditors, (ii) the change of the municipality of the Company’s registered office from Toronto, Ontario to Waterloo, Ontario, (iii) the approval of the Company’s First Amended and Restated Stock Option Plan; (iv) the approval of the Company’s Second Amended and Restated Stock Option Plan and the ratification of certain options granted thereunder; (iv) the approval of the Company’s 2016 Employee Share Purchase Plan (US); (v) the change of the Company’s name from “Perk.com Inc.” to “Perk Inc.”; and (vi) the election of director nominees. The votes in respect of the election of the director nominees were as follows:

           
NAME OF NOMINEE FOR WITHHELD
Jordan Kupinsky 11,903,066

(99.96%)

5,000

(0.04%)

Ted Hastings 11,903,066

(99.96%)

5,000

(0.04%)

Surojit Niyogi 11,903,066

(99.96%)

5,000

(0.04%)

Adam Salamon 11,903,066

(99.96%)

5,000

(0.04%)

Ben Colabrese 11,903,066

(99.96%)

5,000

(0.04%)

James Brown 11,903,066

(99.96%)

5,000

(0.04%)

Eytan Elbaz 11,903,066

(99.96%)

5,000

(0.04%)

 

See the Company’s Report on Voting Results, which is available on SEDAR at www.sedar.com, for additional details on the voting results on the other resolutions considered at the Meeting. Further details of the matters considered and approved at the Meeting are contained in the Circular, which is available on SEDAR at www.sedar.com.

About Perk Inc.

As a leading mobile rewards platform, Perk brings together the interests of consumers, advertisers, and publishers by offering consumers rewards such as Perk Points and other digital goods. Perk Points can be redeemed for gift cards, cash, or loaded on to Perk Plastik, a re-loadable branded debit card. Perk works with brands and publishers to reach consumers through truly engaging and innovative formats using rewards as a way to achieve maximum engagement of their brands and products.

Perk currently owns and operates mobile applications and websites that allow members to earn rewards such as Perk Points and digital goods. In addition to offering rewards to members through its own mobile applications and websites, Perk launched its Perk Rewards Platform, powered by Corona Labs, which allows mobile and desktop publishers to utilize rewards to engage and entice users through the publisher’s own applications and websites.

Additional information about Perk Inc. can be found at the Company’s corporate website: http://www.ir.perk.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements, including which may relate to, but which may not be limited to, Perk’s business; Perk’s strategy, operations and financial performance; Perk’s user and advertiser engagement; Perk’s ability to establish new marketing partnerships; Perk’s ability to expand into new markets; and Perk’s ability to acquire and integrate new businesses and technologies. Such forward-looking statements reflect Perk’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words “anticipate”, “believe”, “estimate”, “upcoming”, “plan”, “target”, “intend” and “expect” and similar expressions, as they relate to Perk or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to Perk and are subject to a number of risks, uncertainties, and other factors that could cause Perk’s actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements, including, but not limited to: maintenance by Perk of relationships with advertising network providers and partners; successful development of the “Perk” brand; Perk’s ability to keep up with rapid technology developments in Perk’s markets; Perk’s ability to avoid defects in products and services delivered by Perk; Perk’s ability to attract app and website developers to its SDK’s; Perk’s ability to successfully enter new business areas and geographic markets; and the success of new products developed by Perk; Perk’s ability to retain key members of its management team. Perk does not undertake to update any forward-looking statement, except as required by law.

Contacts

Perk.com Inc.
Ted Hastings, 519-827-1999
Chief Executive Officer
ted@perk.com
or
Jeff Collins, 519-827-1999
Chief Financial Officer
jeff@perk.com
or
Investor Relations:
The Equity Group Inc.
Adam Prior, 212-836-9606
Senior Vice President
aprior@equityny.com
or
Terry Downs, 212-836-9615
Associate
tdowns@equityny.com

Contacts

Perk.com Inc.
Ted Hastings, 519-827-1999
Chief Executive Officer
ted@perk.com
or
Jeff Collins, 519-827-1999
Chief Financial Officer
jeff@perk.com
or
Investor Relations:
The Equity Group Inc.
Adam Prior, 212-836-9606
Senior Vice President
aprior@equityny.com
or
Terry Downs, 212-836-9615
Associate
tdowns@equityny.com