People Corporation Announces Changes to its Board of Directors

People Corporation Announces Changes to its Board of Directors 
TORONTO, ONTARIO -- (Marketwire) -- 03/04/13 -- People Corporation
(TSX VENTURE:PEO) (the "Company") announces that Ms. Susan Dabarno
has resigned her position as Director of the Company. Ms. Dabarno's
resignation is due to the potential for conflict of interest
resulting from her recent appointment as Director of Manulife
Financial Corporation, a leading Canada-based financial services
group. 
"While we are disappointed about Sue's departure, we remain thankful
for the contribution she has made to People Corporation during a
period of significant growth," said Laurie Goldberg, Chairman and
CEO. "Sue's recent appointment speaks to the high caliber of thought
leadership she has brought to our organization." 
The Company would like to extend its thanks to Ms. Dabarno for her
service to People Corporation. 
The Board of Directors is currently conducting a formal search for a
new Director. 
About People Corporation 
People Corporation helps organizations prosper by enabling their
employees to grow and succeed at every stage of their career. Our
experts carefully design employee services that work for our clients'
staff and business. These services include: 


 
--  Employee Benefits Consulting 
--  Third Party Administration Services 
--  Pension Consulting Services 
--  HR Consulting Services 
--  Executive and Staff Recruiting Services 
--  Career Transition and Career Management Services

 
Founded in 2006, People Corporation is a leading consolidator of
group benefits, group retirement and human resource services in
Canada. No matter where our clients are located, they can benefit
from a national partner delivering local service. We have offices
across the country, each backed by a team of experts and the
resources of a national company that is traded on the TSX-V. Our
diverse team of over 200 experienced benefit consultants, employees
and professionals have industry-specific expertise and can provide
your business with uniquely valuable insight as they customize our
innovative suite of services for your organization.  
Whatever your sector, whatever your scale, putting our expertise and
proven track record to work will make a difference to your people and
your bottom line. 
Further information is available at www.peoplecorporation.com.  
Forward-Looking Information 
This news release contains "forward-looking information" within the
meaning of applicable securities laws, such as information concerning
anticipated future events, results, circumstances, performance or
expectations that are not historical facts. Use of words such as
"may", "will", "expect", "believe", or other words of similar effect
may indicate forward-looking information including the completion of
the transaction, the impact of that transaction on our earnings and
cash flow, and the anticipated benefits of the transaction. This
information is not a guarantee of future performance and is subject
to numerous risks and uncertainties, including those described in our
publicly filed documents (which are available on SEDAR at
www.sedar.com). Those risks and uncertainties include: our ability to
maintain profitability and manage growth; strong competition from
other consultants and changes in the current legislation could result
in significant competition from the banking industry; failure of
information systems and technology; dependence on key clients;
seasonality of revenues and the resulting possible impairment on
working capital; reliance on key professionals; additional financing
may be required and may not be available under terms favourable to
us; there can be no assurance that any suitable future acquisition
will be available to us or that, if available, the terms of the
acquisition will be favourable to us; and a change in general
economic conditions. Many of these risks and uncertainties can affect
our actual results and could cause our actual results to differ
materially from those expressed or implied in any forward-looking
information made by us or on our behalf. Given these risks and
uncertainties, investors should not place undue reliance on forward
looking information as a prediction of actual results. All
forward-looking information in this news release is qualified by
these cautionary statements. This information is made as of the date
of this news release and, except as required by applicable law, we
undertake no obligation to publicly update or revise any forward
looking information, whether as a result of new information, future
events or otherwise. Additionally, we undertake no obligation to
comment on analyses, expectations or statements made by third parties
in respect of the Company, its financial or operating results or its
securities. 
Neither the 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 press
release. 
Contacts:
Investor Relations Inquiries: People Corporation
Brevan Canning
(204) 295-8860
brevan.canning@peoplecorporation.com
www.peoplecorporation.com