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Computer Modelling Group Announces Voting Results of Election of Directors


/EINPresswire.com/ -- CALGARY, ALBERTA -- (Marketwired) -- 07/14/16 -- Computer Modelling Group Ltd. ("CMG" or the "Company") (TSX: CMG) announces that, at its annual meeting of shareholders held earlier today, all of the nominees listed in its Management Information Circular dated May 19, 2016 were elected as directors of CMG. The detailed results of the votes are set out below.


                                                          Votes
                               Votes For     % For     Withheld   % Withheld
                            ------------------------------------------------
Kenneth M. Dedeluk            57,284,086    99.96%       22,894        0.04%
Christopher L. Fong           57,285,665    99.96%       21,315        0.04%
Patrick R. Jamieson           56,993,804    99.45%      313,176        0.55%
Peter H. Kinash               56,999,804    99.46%      307,176        0.54%
Frank L. Meyer                56,236,340    98.13%    1,070,640        1.87%
Robert F. M. Smith            57,163,373    99.75%      143,607        0.25%
John B. Zaozirny              55,993,409    97.71%    1,313,571        2.29%

Additionally, all other resolutions put to shareholders were duly passed at the meeting. For additional details on the voting results with respect to other resolutions, please refer to the Report on Voting Results which is filed on SEDAR at www.sedar.com.

Computer Modelling Group Ltd. is a computer software technology and consulting company serving the oil and gas industry. CMG, recognized by oil and gas companies worldwide as a leading developer of reservoir modelling software, has sales and technical support services based in Calgary, Houston, London, Dubai, Bogota and Kuala Lumpur. CMG is the leading supplier of advanced processes reservoir modelling software in the world with a blue chip client base of international oil companies and technology centers in approximately 60 countries. The Company's shares are listed on the Toronto Stock Exchange under the trading symbol "CMG."

Contacts:
Kenneth M. Dedeluk
President & CEO
(403) 531-1300
ken.dedeluk@cmgl.ca

Sandra Balic
Vice President, Finance & CFO
(403) 531-1300
sandra.balic@cmgl.ca


Distribution channels: Energy Industry, IT Industry, Technology


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