News

12May, 16

IRD Reports on Voting Results From 2016 Annual and Special Meeting of Shareholders

Saskatoon, SK May 12, 2016 – The following matters were voted upon at the Annual and Special Meeting of Shareholders (“Annual and Special Meeting”) for International Road Dynamics Inc. (the “Corporation”) (TSX:IRD) held on May 11, 2016 in Saskatoon, SK. Each of the matters voted upon at the Annual and Special Meeting is discussed in detail in the Corporation’s management Proxy and Information Circular dated March 14, 2016.

The voting results for each matter presented at the annual meeting are provided below:

1. Election of Directors. The seven director nominees proposed by management were elected as directors.  The results are as follows:

Nominee

Votes For

Percent

Votes Withheld

Percent

Dr. A.T. Bergan

4,455,220

95.48%

210,900

4.52%

Terry Bergan

4,636,120

99.36%

30,000

0.64%

Sharon Parker

4,418,220

94.69%

247,900

5.31%

Ray Harris

3,244,013

69.52%

1,422,107

30.48%

Harvey Alton

4,564,620

97.82%

101,500

2.18%

Dr. C. Michael Walton

4,564,620

97.82%

101,500

2.18%

Ray Kolla

4,564,620

97.82%

101,500

2.18%

2. Appointment of Auditors.  KPMG LLP, Chartered Accountants, was appointed to serve as the auditors of the Corporation for the ensuing year.

3. Approval of Stock Option Plan.  The shareholders approved the Corporation’s amended and restated Stock Option Plan.

IRD is a highway traffic management technology company specializing in supplying products and systems to the global Intelligent Transportation Systems (ITS) industry.  IRD is a North American company based in Saskatoon, Saskatchewan with sales and service offices throughout the United States and overseas.  Private corporations, transportation agencies and highway authorities around the world use IRD's products and advanced systems to manage and protect their highway infrastructures

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