Jun 25, 2020   SOURCE: PR NewsWire

Pivot Technology Solutions, Inc. Announces Election of Board of Directors

TORONTO, June 25, 2020 /CNW/ - Pivot Technology Solutions, Inc. (TSX: PTG), ("Pivot", "Company"), a full-service information technology provider, is pleased to announce the Company's shareholders voted to approve all business brought before the Company's annual and special meeting held on June 24, 2020.

Election of Directors
All of the nominees listed in Pivot's Management Information Circular dated May 14, 2020 were elected as Directors of the Corporation. The votes for and the votes withheld, as well as the respective percentages, based on proxies submitted, are set out below:

                  
     Total Votes 
       Percentage of  
     Total Votes   
      Percentage of
                            For   Votes In Favour       Withheld     Votes Withheld




     Vic
      Bhagat         11,115,770              99.70          33,212                0.30


     Wade K.
      Dawe            8,823,292              79.14       2,325,690               20.86


     Steve
      DiGregorio     11,115,820              99.70          33,162                0.30


      Christopher
      Formant        11,121,332              99.75          27,650                0.25


     Stephen
      T. Moore       10,803,051              96.90         345,931                3.10


     Kevin
      Shank          11,118,132              99.72          30,850                0.28


     M. Lazane
      Smith          11,118,570              99.73          30,412                0.27

Appointment of Auditor
Ernst & Young LLP was re-appointed as auditor of the Company with total votes cast in favour of 11,846,796 (or 99.92% of all votes cast).

By-Law Amendments
The shareholders also approved the amendments to the by-laws of the Company (the "By-Laws") to permit shareholders to participate in a meeting of shareholders by electronic means and other housekeeping amendments. On the proposal to amend the By-Laws, votes cast in favour amounted to 11,123,295 (or 99.77% of all votes cast).

"As the world recovers from COVID 19 and begins to operate in the new norm, Pivot continues to see solid business opportunity. The primary effects of the virus continue to be constraints on providing services that require on-site access to perform and manufacturing supply delays that impact the timing of product deliveries," said Kevin Shank, CEO. "On behalf of the Board of Directors, I would like to thank our fellow shareholders for their support as we continue building our core products and services portfolio while enhancing our services and solutions capabilities from the Edge to the Cloud. In addition, I would also like to take this opportunity to congratulate Steve DiGregorio on his appointment to the Board. Steve brings a wealth of experience and we believe his contributions will enhance our efforts to create value for our shareholders, customers, and business partners."

ABOUT PIVOT TECHNOLOGY SOLUTIONS

Pivot is an industry-leading information technology services and solutions provider to many of the world's most successful companies, including members of the Fortune 1000, as well as governments and educational institutions. By leveraging its extensive original equipment manufacturer (OEM) partnerships and its own fulfillment, professional, deployment, workforce, and managed services, Pivot supports the IT infrastructure needs of its clients. For more information, visit www.pivotts.com.

SOURCE Pivot Technology Solutions, Inc