|By Marketwired .||
|June 26, 2014 06:23 PM EDT||
LONDON, ONTARIO -- (Marketwired) -- 06/26/14 -- iLOOKABOUT Corp. (TSX VENTURE:ILA) (the "Company") is pleased to announce the results of the Annual & Special Meeting of Shareholders (the "Meeting") held in London, Ontario on June 26, 2014. The shareholders approved the following motions put forth at the Meeting:
-- Election of Allan Bezanson, John C. Drake, Jeff Hack, Peter Hyde, Gerald C. Quinn, Gary Yeoman, and Jeff Young as Directors, each for a term of one year; -- Re-appointment of KPMG LLP as the Company's auditor and authorization for the directors to fix the auditors' remuneration; -- Approval of the amendments to the Company's Stock Option Plan set out in Exhibit A of the Management Information Circular dated May 22, 2014; and -- Approval of the Directors Deferred Share Unit Plan set out in Exhibit C of the Management Information Circular dated May 22, 2014.
As the proposed amendments to the Company's current Stock Option Plan were approved, Management withdrew the proposed re-approval of the Company's 2013 Stock Option Plan without amendment.
iLOOKABOUT is a visual and data intelligence company serving commercial enterprise in the real estate, insurance, municipal, utility, assessment and appraisal sectors in North America and Europe. iLOOKABOUT is a pioneer in visual and data intelligence with its StreetScape(TM) and Virtual Tour products. StreetScape is a visual and data intelligence product for the geo-spatial market, providing panoramic, comprehensive, street level perspective visual data, geo-coded with latitude and longitude coordinates for accuracy and supported by patented software processes and proprietary security and storage systems. The Company has also launched GeoViewPort(TM), a web-based Geographic Information System ("GIS") application that enables the federation of additional value added data such as validated addresses, aerial imagery, property values, property attributes, etc. with StreetScape imagery. Headquartered in London, Ontario, Canada, iLOOKABOUT's common shares are traded on the TSX Venture Exchange under the symbol ILA.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.