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TrueContext Mobile Solutions Corporation Announces Results of Annual Meeting of Shareholders

Jun 11 2013 12:00AM

Marketwire

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OTTAWA, ONTARIO -- (Marketwired) -- 06/11/13 -- TrueContext Mobile Solutions Corporation (TSX VENTURE: TMN), maker of the ProntoForms® mobile form solution, has announced the results of its annual and special meeting of shareholders held in Ottawa, Ontario on June 11, 2013.

At the meeting, the shareholders elected the following individuals to the TrueContext board of directors: Amar Bhalla, Jim Davies, Terence Matthews, Edward Ogonek, Alvaro Pombo and Jon Shantz. Prior board members Ravi Sood and Peter Charbonneau did not stand for re-election.

"On behalf of the board of directors, I thank Ravi Sood and Peter Charbonneau for their valuable contributions to the company during their tenure," said Terence Matthews, Chairman of the Board.

At the meeting, the shareholders also approved the appointment of Deloitte & Touche LLP as auditors for the current fiscal year, and provided annual approval of TrueContext's stock option plan and approved a change in the name of the company to "ProntoForms Corporation".

The company has cited the desire to continue to focus on building the ProntoForms brand within the mobile solutions industry as chief motivation for the name change. To keep branding consistent, the name of the company's wholly owned subsidiary will also be changed to "ProntoForms Inc."

"As the leading worldwide mobile form solution creator with 2,500 business customers, we have begun to establish a great deal of brand credibility and equity in the ProntoForms name. As we look to continue on our path towards profitability, we believe that this name consolidation is the logical next marketing step," said Alvaro Pombo, Founder and CEO.

The company's name change is subject to approval of the TSX Venture Exchange and the company will be making the necessary filings with the exchange in the coming days. The effective date of the change in name will be separately announced.

For more on the ProntoForms mobile form solution, visit http://prontoforms.com.

About ProntoForms® and TrueContext Mobile Solutions Corporation

ProntoForms is a mobile workflow solution used by over 2,500 business customers to collect, receive and submit data in the field. Available for smartphones and tablets, the ProntoForms solution incorporates a mobile device App, a Web management portal to manage teams and data flow, and provides the ability to export or connect data to the back office or to popular cloud services.

TrueContext Mobile Solutions Corporation, traded on the TSXV under the symbol TMN, has a powerful and proprietary patent portfolio, from which the ProntoForms mobile App and Web reporting portal have been developed. ProntoForms is the registered trademark of TrueContext Corporation, a wholly-owned subsidiary of TrueContext Mobile Solutions Corporation.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
TrueContext Mobile Solutions Corporation
Dave Croucher
+1.877.668.6438
ir@prontoforms.com





Source: Marketwire


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