YuMe Announces Preliminary Results of 2016 Annual Meeting
OREANDA-NEWS. YuMe, Inc. (NYSE:YUME), the global audience technology company powered by data-driven insights and multi-platform expertise, today announced that preliminary voting results indicate that YuMe stockholders have elected Eric B. Singer and Elias N. Nader to YuMe’s Board of Directors. YuMe stockholders also voted in favor of the other proposals submitted for a vote at the Annual Meeting, including an advisory proposal to declassify YuMe’s Board of Directors.
YuMe issued the following statement regarding the preliminary voting results:
“We thank our stockholders for the opportunity to engage with them in a constructive dialogue throughout this process. We look forward to collaborating with our new directors, as well as our stockholders, as we continue to focus on driving long-term value.”
The Company expects to file a Form 8-K with the Securities and Exchange Commission (SEC) within four business days, reporting the preliminary results as tabulated by the Independent Inspector of Election, and will report the final results once they are certified by the Independent Inspector of Election. Such filings will be available at the SEC's web site at www.sec.gov and on YuMe’s Investor Relations corporate website at www.investors.yume.com.
About YuMe
YuMe, Inc. is a leading provider of global audience technologies, curating relationships between brand advertisers and consumers of premium video content across a growing range of connected devices. Combining data-driven technologies with deep insight into audience behavior, YuMe offers brand advertisers end-to-end marketing software that establishes greater brand resonance with engaged consumers. It is the evolution of brand advertising for an ever-expanding video ecosystem. YuMe is headquartered in Redwood City, California, United States with offices worldwide. For more information, visit YuMe.com/pr, follow @YuMeVideo and like YuMe on Facebook.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which involve risks and uncertainties. These forward-looking statements include but are not limited to statements regarding new directors and YuMe’s growth strategy and corporate governance. Actual results may differ materially from those anticipated in these forward-looking statements. Factors that might contribute to such differences include, among others, unpredictability of future growth rates and financial results; general economic developments; our ability to extend our solutions, expand our customer base and increase sales to existing customers; our ability to retain and hire necessary employees; the impact of seasonality on our business; unforeseen changes in expense levels; competition and the pricing strategies of our competitors; and the effect of governance changes on our relationships with stockholders and other constituencies and our ongoing business operations. For more information regarding the risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements, as well as risks relating to our business in general, we refer you to the “Risk Factors” section of YuMe’s most recent Quarterly Report on Form 10-Q and YuMe’s other filings, which are available on the Securities and Exchange Commission web site at www.sec.gov. These forward-looking statements are based on current expectations and YuMe assumes no obligation to update this information.
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