FirstService Announces Election of Directors

TORONTO, April 8, 2014 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV); (Nasdaq:FSRV) ("FirstService") today announced that at its annual and special meeting of shareholders, held in Toronto earlier today, the 8 director nominees listed in its management information circular dated February 28, 2014 were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote for the election of directors of FirstService is set out below.

Nominee Votes For % Votes For Votes Withheld % Votes Withheld
David R. Beatty 49,699,338 91.31% 4,729,472 8.69%
Brendan Calder 53,809,756 98.86% 619,054 1.14%
Peter F. Cohen 53,879,965 98.99% 548,845 1.01%
Bernard I. Ghert 53,952,646 99.13% 476,164 0.87%
Michael D. Harris 50,512,832 92.80% 3,915,978 7.20%
Jay S. Hennick 53,970,802 99.16% 458,008 0.84%
Frederick F. Reichheld 53,956,620 99.13% 472,190 0.87%
Michael Stein 53,935,388 99.09% 493,422 0.91%

* As a vote for each motion was taken by a show of hands, the number of votes disclosed reflects only those proxies received by management in advance of the meeting.

About FirstService Corporation

FirstService Corporation is a global leader in the rapidly growing real estate services sector, one of the largest markets in the world. FirstService manages more than 2.5 billion square feet of residential and commercial properties through its three industry-leading service platforms: Colliers International, one of the largest global players in commercial real estate services; FirstService Residential, North America's largest manager of residential communities; and FirstService Brands, one of North America's largest providers of essential property services delivered through individually branded franchise systems and company-owned operations.

FirstService generates more than US$2.3 billion in annual revenues and has more than 24,000 employees world-wide. With significant insider ownership and an experienced management team, FirstService has a long-term track record of creating value and superior returns for shareholders since becoming a publically listed company in 1993. The common shares of FirstService trade on the NASDAQ under the symbol "FSRV" and on the Toronto Stock Exchange under the symbol "FSV". More information is available at

CONTACT: COMPANY CONTACTS: Jay S. Hennick Founder & CEO John B. Friedrichsen Senior Vice President & CFO (416) 960-9500Source:FirstService Corporation