Pason Issues Notice of Annual and special Meeting of Shareholders and management Information Circular

 Pason Issues Notice of Annual and special Meeting of Shareholders and  management Information Circular  CALGARY, March 20, 2014 /CNW/ - Pason Systems Inc. (TSX: PSI) (the  "Corporation") announces that it has filed a notice of its upcoming Annual and  Special Meeting of Shareholders scheduled for May 7, 2014, along with  management's information circular, on SEDAR and Pason's website, copies of  which are available on www.sedar.com and www.pason.com and will be distributed  to shareholders of record on March 19, 2014.  The Corporation also announces certain amendments to the Corporation's by-law  in connection with its Annual and Special Meeting of Shareholders. The board  of directors has adopted these by-law amendments, including amendments to the  advance notice requirement, which were first adopted and disclosed on November  8, 2013. The by-law amendments are effective as of March 19, 2014. At the May  7, 2014 meeting of shareholders, shareholders will be asked to confirm the  amended and restated by-law, a copy of which has been filed is and is  available under the Corporation's profile at www.sedar.com.  Pason Systems Inc.  Pason Systems Inc. is a leading global provider of specialized data management  systems for drilling rigs. Our solutions, which include data acquisition,  wellsite reporting, remote communications, and web-based information  management, enable collaboration between the rig and the office. Pason's  common shares trade on the Toronto Stock Exchange under the symbol PSI.  Certain information regarding Pason contained herein may constitute  forward-looking information under applicable securities law.  The words  "anticipate", "expect", "believe", "may", "should", "will", "estimate",  "project", "outlook", "forecast" or other similar words are used to identify  such forward-looking information and statements.  Forward-looking statements  in this document may include statements, express or implied regarding the  anticipated business prospects and financial performance of Pason;  expectations or projections about future strategies and goals for growth and  expansion; expected and future cash flows and revenues; and expected impact of  future commitments.  These forward-looking statements are based upon various  underlying factors and assumptions, including the state of the economy and the  oil and gas exploration and production business, in particular; the  Corporation's business prospects and opportunities; and estimates of the  financial and operational performance of Pason.  Forward-looking information and statements are subject to known or unknown  risks and uncertainties that may cause actual results to differ materially  from those anticipated or implied in the forward-looking information and  statements.  Risk factors that could cause actual results or events to differ  materially from current expectations include, among others, the ability of  Pason to successfully implement its strategic initiatives and whether such  strategic initiatives will yield the expected benefits, the operating  performance of Pason's assets and businesses, the price of energy commodities,  competitive factors in the energy industry, changes in laws and regulations  affecting Pason's businesses, technological developments, and general economic  conditions. Unpredictable or unknown factors not discussed in this cautionary  disclaimer could also have material adverse effects on forward-looking  statements.  Readers are cautioned not to place undue reliance on forward-looking  statements as there can be no assurance that the plans, intentions or  expectations upon which they are placed will occur.  Such forward looking  statements, although considered reasonable by management as of the date  hereof, may prove to be incorrect and actual results may differ materially  from those anticipated.  Forward-looking statements contained in this press  release are expressly qualified by this cautionary statement. Furthermore, any  forward looking statements contained in this news release are made as of the  date of this news release, and Pason does not undertake any obligation to  update publicly or to revise any of the included forward-looking statements,  whether as a result of new information, future events or otherwise, except as  expressly required by securities law.  Additional information on risks and uncertainties and other factors that could  affect Pason's operations or financial results are included in Pason's reports  on file with the Canadian securities regulatory authorities and may be  accessed through the SEDAR website (www.sedar.com or through Pason's website  www.pason.com).    SOURCE  Pason Systems Inc.  about Pason Systems Inc., visit the company's website atwww.pason.com or  contact:  Marcel Kessler President and CEO 403-301-3400 marcel.kessler@pason.com  Jon Faber Chief Financial Officer 403-301-3400 jon.faber@pason.com  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/March2014/20/c6389.html  CO: Pason Systems Inc. ST: Alberta NI: OIL  
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