CARLSBAD, Calif., June 11, 2018 /PRNewswire/ -- NTN Buzztime, Inc.
(NYSE American: NTN), reported, based on final voting results,
during the June 8, 2018 Annual
Meeting of Stockholders all six directors were re-elected with a
majority of the votes cast, ranging from 74% to 96% in favor.
NTN Buzztime CEO Ram Krishnan made the following statement:
"The NTN Buzztime stockholders sent a clear message of approval
with the board of director nominees receiving FOR votes from an
average of 85% of the votes cast with 10% greater voting turnout
than last year. These are positive affirmations of both our board
composition and company direction.
"In 2017, two new directors were appointed, creating new energy
and bringing different and new relevant industry experience.
Changing the profile of the board, these directors have
complemented our composition from a market and from a governance
perspective. We have sought out, and will continuously seek
out, opportunities to improve both the makeup and impact of our
board.
"The Board is steadfast in our commitment to continuously
strengthen oversight and accountability while working closely with
management to keep improving NTN Buzztime. We appreciate all of the
engagement with stockholders and their feedback over the year and
leading up to the annual meeting. We thank those who supported us,
and we will continue our engagement with stockholders and other
stakeholders in the months and years ahead."
The company's other proposal, the appointment of Squar Milner
LLP as the company's independent registered public accounting firm
for the year ended December 31, 2018,
was ratified.
Forward-looking Statements
This release
contains forward-looking statements that reflect management's
current views of future events and operations, including statements
regarding the composition and performance of the Company's board of
directors. Please see NTN Buzztime, Inc.'s recent filings
with the Securities and Exchange Commission for information about
risks that may affect the Company. All forward-looking statements
included in this release are based on information available to us
on the date hereof. These statements speak only as of the date
hereof and NTN Buzztime, Inc. does not undertake to publicly update
or revise any of its forward-looking statements, even if experience
or future changes show that the indicated results or events will
not be realized.
About Buzztime:
Buzztime (NYSE American: NTN) delivers
interactive entertainment and innovative technology, including
performance analytics and secure payment with Europay, MasterCard®
and Visa® (EMV) chip card readers or with near-field communication
(NFC) technology to accept Apple, Android and Samsung Pay.
Most frequently used in bars and restaurants in North America, the Buzztime tablets and
technology offer engaging solutions to establishments that have
guests who experience dwell time, such as casinos, senior living,
car dealerships and more. Casual dining venues license Buzztime's
customizable solution to differentiate themselves via competitive
fun by offering guests trivia, card, sports and arcade games,
personalized menus and self-service dining features. Buzztime's
platform improves operating efficiencies, creates connections among
the players and venues, and amplifies guests' positive
experiences. The Buzztime platform has also been recently
resold and the content licensed for other businesses serving other
markets. For more information, please visit
http://www.buzztime.com/home or follow us on Facebook or Twitter
@buzztime.
IR AGENCY CONTACT:
Kirsten
Chapman/Becky Herrick, LHA
Investor Relations
buzztime@lhai.com
415-433-3777
View original content with
multimedia:http://www.prnewswire.com/news-releases/ntn-buzztime-inc-announces-2018-annual-meeting-of-stockholders-preliminary-results-300664407.html
SOURCE NTN Buzztime, Inc.