VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2013) - Matrix Asset Management Inc. (the "Company" or "Matrix") (TSX:MTA) reports that its shareholders have approved the resolutions presented at its annual meeting of shareholders (the "Meeting") held on June 25, 2013, including the re-election of the proposed nominees to the Board of Directors of Matrix.
The six director nominees proposed by management were elected by a show of hands. If a ballot vote had been taken, based on the proxies received by the Company, the voting results for the election of directors would have been as follows:
| Nominees | Votes For | % | Votes Withheld | % |
| David K. Balsdon | 27,073,772 | 99.73 | 73,422 | 0.27 |
| Lawrence I. Bell | 27,071,202 | 99.72 | 75,992 | 0.28 |
| David R. Levi | 27,068,684 | 99.71 | 78,510 | 0.29 |
| Dale G. Parker | 27,073,772 | 99.73 | 73,422 | 0.27 |
| D. Stephen Rankin | 27,073,772 | 99.73 | 73,422 | 0.27 |
| John T. Shields | 27,073,772 | 99.73 | 73,422 | 0.27 |
In addition, at the Meeting, shareholders approved the re-appointment of Deloitte & Touche LLP as the auditor of the Company for the ensuing year.
Contact Information:
David Levi
President & CEO
(604) 895-7274 and (416) 934-7700
david.levi@matrixasset.ca