Zoomd Technologies Announces Results of Annual and Special Meeting of Shareholders, Re-Electing All Members of the Board of Directors

Rhea-AI Summary

Zoomd Technologies Ltd. (TSXV: ZOMD, OTC: ZMDTF) held its annual and special meeting on December 7, 2022, where shareholders re-elected all board members: Amit Bohensky, Amnon Argaman, Darryl Cardey, Ofer Eitan, and Avigur Zmora, with approval percentages exceeding 96%. An ordinary resolution was passed for the re-appointment of Brightman Almagor Zohar & Co as auditors, receiving 98.310% approval. Additionally, a Continuance Resolution was passed with 96.580% support. The company aims to enhance its advertising platform, which integrates over 600 media sources.

Positive

• All board members re-elected with high approval percentages (over 96%).
• Strong support for auditor re-appointment (98.310%).
• Continuance Resolution passed (96.580%) indicating shareholder confidence.

Negative

• None.

VANCOUVER, BC, Dec. 13, 2022 /PRNewswire/ -- Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, "Zoomd" or the "Company"), the online advertising management platform, announced today the results of its annual and special meeting of shareholders (the "Meeting") that was held via teleconference on December 7, 2022. At the Meeting, shareholders re-elected Amit Bohensky, Amnon Argaman, Darryl Cardey, Ofer Eitan and Avigur Zmora as directors. Based on proxies received by Zoomd prior to the Meeting, votes were cast as follows:

Nominee	% of Votes For
Amit Bohensky	96.577 %
Ofer Eitan	96.577 %
Amnon Argaman	96.581 %
Darryl Cardey	96.581 %
Avigur Zmora	96.581 %

In addition, the Company reports that:

1. An ordinary resolution approving the re-appointment of  Brightman Almagor Zohar & Co as the auditors of Zoomd and to authorize the directors to fix the auditor's remuneration was passed by 98.310% of the votes represented at the Meeting; and
2. The Continuance Resolution (as defined in the Company's management information circular dated November 3, 2022) was passed by 96.580% of the votes represented at the Meeting.

The Company's full report of voting results on matters presented at the Meeting can be found at www.sedar.com.

ABOUT ZOOMD:

Zoomd (TSXV: ZOMD) (OTC: ZMDTF), founded in 2012 and began trading on the TSX Venture Exchange in September 2019, offers a site search  engine to publishers, and a mobile  app  user-acquisition platform, integrated with a majority of global digital media, to advertisers. The platform unifies more than 600 media sources into one unified dashboard offering advertisers a user acquisition control center for managing all new customer acquisition campaigns using a single platform. By unifying all these media sources onto a single platform, Zoomd saves advertisers significant   resources that would otherwise be spent consolidating data sources, thereby maximizing data collection and data insights while minimizing the resources spent on the exercise. Further, Zoomd is a performance-based platform that allows advertisers to advertise to the relevant target  audiences using a key performance indicator-algorithm that is focused on achieving the advertisers' goals and targets.

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

Logo - https://mma.prnewswire.com/media/1039696/Zoomd_Logo.jpg

For further information please contact:

Company Media Contacts: Amit Bohensky
Chairman
Zoomd
ir@zoomd.com
Website: www.zoomd.com

Investor Relations:
Lytham Partners, LLC
Ben Shamsian
New York | Phoenix
ZOMD@lythampartners.com

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SOURCE Zoomd Technologies Ltd.

FAQ

What were the results of Zoomd Technologies' shareholder meeting on December 7, 2022?

At the meeting, all board members were re-elected with over 96% approval, and the re-appointment of auditors was supported by 98.310% of shareholders.

How did shareholders vote on the Continuance Resolution at Zoomd's annual meeting?

The Continuance Resolution was passed with 96.580% of the votes represented at the meeting.

What is the significance of the board re-elections for Zoomd Technologies investors?

The unanimous re-election of the board members suggests strong shareholder confidence and stability in leadership, which can positively influence the company's direction.

What is Zoomd Technologies' core business model?

Zoomd provides an online advertising management platform that integrates over 600 media sources, facilitating user acquisition for advertisers.