TORONTO, ONTARIO–(Marketwired – May 26, 2016) – Tellza Communications Inc. (“Tellza” or the “Company”) (TSX:TEL) announced that the five nominees listed in its Management Proxy Circular dated April 15, 2016 were elected as directors of Tellza. Detailed results of the vote for the election of directors held on Thursday, May 26, 2016 in Toronto, Ontario at Tellza’s Annual and Special Meeting of Shareholders are as follows.
| NAME OF NOMINEE | FOR | WITHHELD |
| Gary Clifford | 118,729,547 | 130,110 |
| Jonathan Martin | 118,740,657 | 119,000 |
| Salil Munjal | 118,739,957 | 119,700 |
| Vedat Kalkuz | 118,664,354 | 195,303 |
| Ali Guven Kivilcim | 118,728,847 | 130,810 |
The Company also announced that its shareholders approved the appointment of Ernst & Young LLP as auditors of the Corporation, and passed a special resolution approving the consolidation of Tellza’s issued and outstanding common shares on a 15:1 basis. Tellza expects the consolidation to become effective prior to the end of June 2016, subject to approval of the Toronto Stock Exchange.
The Company’s financial statements and other disclosures are available on SEDAR.
About Tellza
Tellza is Technology Company operating in the Communication market. The business is organized into three business units: Tellza Communications, Tellza Technologies and Tellza Investments. Tellza Communications is a global communications company operating under several brands: Route Dynamix, Phonetime, Tel3, and MatchcoM. Tellza Technologies provides real time big data management tools for the telecommunications market. Tellza Investments seeks portfolio investment opportunities in various market places. Tellza is a public company listed on the Toronto Stock Exchange (TEL).
Caution Regarding Forward Looking Information:
This press release contains forward-looking statements, which may be identified by words like “expects”, “anticipates”, “plans”, “intends”, “indicates” or similar expressions. These statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. Tellza’s actual results could differ materially from those currently anticipated due to a number of factors set forth in reports and other documents filed by the Company with Canadian securities regulatory authorities from time to time. See www.sedar.com which contains all securities files.
