HERNDON, VA, April 26, 2013 /CNW/ - Wireless Matrix
Corporation (TSX: WRX) ("Wireless Matrix" or the "Company"), the
leading provider of software and communications to improve service
fleet performance metrics, announced today that, as part of the
previously announced wind down and dissolution of the Company
following the sale to CalAmp Corp. Arve
Johansen, Ingelin Dropping, Kirsten
Morbeck and Bernie Maskerine
have resigned from the Board of Directors, effective
immediately.
About Wireless Matrix
Wireless Matrix Corporation (TSX: WRX) provides
fleet solutions to improve delivery metrics. The Company's software
and wireless data solutions provide intelligence for managing,
measuring and monitoring service execution. Users consistently
report greater on-time arrivals, increased productivity and lower
total operating expenses. The Wireless Matrix solution suite
includes FleetOutlook®, a web-based platform providing
fleet operators complete visibility of their operations and vehicle
mounted cellular and satellite wireless data communication
services. Wireless Matrix is headquartered in Herndon, Va. For more information visit
www.wirelessmatrix.com.
Forward Looking Statements
General information regarding the Company set
forth in this document, including management's assessment of the
Company's future plans and operations, of the closing of the Sale
Transaction and of the proceeds to be available for shareholders
upon the Winding Up, contains forward-looking statements that
involve substantial known and unknown risks and uncertainties, some
of which are beyond the Company's and management's control,
including, but not limited to, the ability of the conditions to the
conclusion of the Sale Transaction to be satisfied and the ability
of the Company to subsequently proceed on a timely basis with the
settlement of its obligations and liabilities. The Company's actual
results, performance or achievement could differ materially from
those expressed in or implied by these forward-looking statements
and, accordingly, no assurance can be given that any of the events
anticipated to occur or transpire from the forward-looking
statements will provide any benefits to the Company. All data
presented herein should be read in conjunction with the Company's
regulatory filings with the appropriate Securities Commission and
on SEDAR, which also disclose further risks and uncertainties
pertaining to the operations of the Company. These filings,
including the Company's Annual Information Form and the Proxy
Circular, are located under the Company's profile at
www.sedar.com.
.
SOURCE Wireless Matrix Corporation