ClickSoftware Announces Results of 2013 Annual Shareholders Meeting
BURLINGTON, Massachusetts, July 9, 2013
BURLINGTON, Massachusetts, July 9, 2013 /PRNewswire/ --
ClickSoftware Technologies Ltd. (NasdaqGS: CKSW) (the "Company") the leading
provider of automated mobile workforce management and optimization solutions
for the service industry, announced today that its Annual General Meeting of
Shareholders (the "Meeting") was held as planned on July 8, 2013.
At the Meeting the shareholders approved by the required majority: the
appointment of Brightman Almagor Zohar & Co., a member of Deloitte Touche
Tohmatsu, as the Company's independent registered public accounting firm; the
compensation policy for the Company's directors and officers; the re-election
of Mr. Menahem Shalgi as an "External Director" of the Company; and the grant
of options to Dr. Moshe BenBassat.
The resolution regarding appointment of Dr. Moshe BenBassat as both Chairman
of the Board of Directors and Chief Executive Officer of the Company was not
approved by the required majority. Although the resolution received a
majority of the votes present at the meeting in person or by proxy, it did not
receive the required majority under Israeli law which requires at least a
two-thirds majority of the total votes of shareholders who are not controlling
shareholders of the Company and who do not have a personal interest in the
The Company's Board of Directors will appoint a new Chairman at its upcoming
ClickSoftware (NasdaqGS: CKSW) is the leading provider of automated mobile
workforce management and service optimization solutions for the enterprise,
both for mobile and in-house resources. As pioneers of the "Service chain
optimization" and "The real-time service enterprise" concepts, our solutions
provide organizations with end-to-end visibility and control of the entire
service management chain by optimizing forecasting, planning, shift and task
scheduling, mobility and real-time management of resource and customer
Available via the cloud or on-premise, our products incorporate best business
practices and advanced decision-making algorithms to manage service operations
more efficiently, in a scalable, integrated manner. Our solutions have become
the backbone for many leading organizations worldwide by addressing the
fundamental question of job fulfillment: Who does What, for Whom, With what,
Where and When.
ClickSoftware is the premier choice for delivering superb business performance
to service sector organizations of all sizes. The Company is headquartered in
the United States and Israel, with offices across Europe, and Asia Pacific.
For more information, please visit http://www.clicksoftware.com and follow us
on Twitter, the content of which is not a part of this press release.
To download ClickSoftware's investor relations app, which offers access to SEC
documents, press releases, videos, audiocasts and more, please visit
https://itunes.apple.com/us/app/cksw-ir/id530880886?mt=8 to download on your
iPhone and iPad, or
your Android mobile device.
SOURCE ClickSoftware Technologies Ltd
Press spacebar to pause and continue. Press esc to stop.