Everbridge Announces the Results of the Annual Meeting of Shareholders
May 19 2022 - 12:57PM
Business Wire
Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical
event management (CEM) and national public warning solutions, today
announced that shareholders have voted to re-elect all of
Everbridge’s director nominees at the Company’s 2022 Annual Meeting
of Shareholders. Seven of our eight directors, including our Chair
Jaime Ellertson, received more than a majority of votes cast.
Everbridge issued the following statement:
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Everbridge Announces the Results of the
Annual Meeting of Shareholders
The Everbridge Board and executive team
appreciates the thoughtful feedback provided by shareholders
throughout our engagement leading up to the Annual Meeting. As we
conveyed in discussions with shareholders, the Board is committed
to acting in the best interests of all shareholders and is open to
all opportunities to enhance value. Everbridge will continue to
execute on our operational initiatives to drive attractive,
sustainable growth with improved profitability, which we believe
will generate significant value for our shareholders and increase
optionality. In addition, we are committed to ongoing engagement
with our shareholders and to being responsive to the feedback we
receive.
Shareholders also have approved the two other proposals
considered at the Annual Meeting, consisting of the advisory vote
on compensation of our named executive officers and the
ratification of the appointment of our independent auditors for the
fiscal year ending December 31, 2022.
The Company will file voting results with the Securities and
Exchange Commission in due course.
About Everbridge, Inc.
Everbridge, Inc. (NASDAQ: EVBG) is a global software company
that provides enterprise software applications that automate and
accelerate organizations’ operational response to critical events
in order to Keep People Safe and Organizations Running™. During
public safety threats such as active shooter situations, terrorist
attacks or severe weather conditions, as well as critical business
events including IT outages, cyber-attacks, product recalls or
supply-chain interruptions, over 6,200 customers in 76 countries
rely on the Company’s Critical Event Management Platform to quickly
and reliably aggregate and assess threat data, locate people at
risk and responders able to assist, automate the execution of
pre-defined communications processes through the secure delivery to
over 100 different communication modalities, and track progress on
executing response plans. For more information, visit
www.everbridge.com, read the company blog, and follow on Twitter
and Facebook.
Cautionary Language Concerning Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding our ability to execute on our operational
initiatives, drive sustainable growth and improved profitability,
generate significant value for shareholders and increase
optionality. These forward-looking statements are made as of the
date of this press release and were based on current expectations,
estimates, forecasts and projections as well as the beliefs and
assumptions of management. Words such as “expect,” “anticipate,”
“should,” “believe,” “target,” “project,” “goals,” “estimate,”
“potential,” “predict,” “may,” “will,” “could,” “intend,”
variations of these terms or the negative of these terms and
similar expressions are intended to identify these forward-looking
statements. Forward-looking statements are subject to a number of
risks and uncertainties, many of which involve factors or
circumstances that are beyond our control. These risks and
uncertainties include, but are not limited to, the implementation
of our 2022 strategic realignment or simplification strategies may
not be successful; the ability of our products and services to
perform as intended and meet our customers’ expectations; our
ability to successfully integrate businesses and assets that we may
acquire; our ability to attract new customers and retain and
increase sales to existing customers; our ability to increase sales
of our Mass Notification application and/or ability to increase
sales of our other applications; developments in the market for
targeted and contextually relevant critical communications or the
associated regulatory environment; our estimates of market
opportunity and forecasts of market growth may prove to be
inaccurate; we have not been profitable on a consistent basis
historically and may not achieve or maintain profitability in the
future; the lengthy and unpredictable sales cycles for new
customers; nature of our business exposes us to inherent liability
risks; our ability to attract, integrate and retain qualified
personnel; our ability to maintain successful relationships with
our channel partners and technology partners; our ability to manage
our growth effectively; our ability to respond to competitive
pressures; potential liability related to privacy and security of
personally identifiable information; our ability to protect our
intellectual property rights; activist investor actions threatened
or commenced against us could cause us to incur substantial costs,
and the other risks detailed in our risk factors discussed in
filings with the SEC, including but not limited to our Quarterly
Report on Form 10-Q for the quarter ended March 31, 2022 filed with
the SEC on May 9, 2022. The forward-looking statements included in
this press release represent our views as of the date of this press
release. We undertake no intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise. These forward-looking
statements should not be relied upon as representing our views as
of any date subsequent to the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220519005848/en/
Investor Contact: Nandan Amladi Everbridge
nandan.amladi@everbridge.com 617-665-7197
Media Contact: Jeff Young Everbridge
jeff.young@everbridge.com 781-859-4116
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