|[November 07, 2012]
CrowdGather, Inc. Announces Results of 2012 Annual Shareholder Meeting
WOODLAND HILLS, Calif. --(Business Wire)--
One of the leading networks of forum communities on the Internet,
CrowdGather, Inc. (OTCQB:CRWG), is pleased to announce the results of
its 2012 Annual Shareholder Meeting held on November 7, 2012 at
CrowdGather's corporate office in Woodland Hills, CA (News - Alert). During
CrowdGather's Annual Shareholder Meeting, CrowdGather Chairman and CEO
Sanjay Sabnani, Director Chuck Timpe, Director Jonathan R. Dariyanani
and Director James A. Sacks were re-elected to serve on the Company's
Board of Directors until the next shareholder meeting in November 2013.
The shareholders also ratified the selection of Q Accountancy
Corporation as the Company's independent registered public accounting
firm for the 2013 fiscal year.
"2012 has been a year of tremendous progress for our company and we are
truly grateful for the continued support of our shareholders," said
Sanjay Sabnani, CrowdGather's Chairman and CEO. "We will continue to
advance our business strategy as we endeavor to build a great company."
About CrowdGather, Inc.
With its growing portfolio of special interest forums and enthusiast
message board communities, CrowdGather (www.crowdgather.com)
has created a centralized network to benefit forum members, forum owners
and forum advertisers. CrowdGather provides a highly interactive and
informational social network for members, a management and
revenue-sharing resource for third-party forum owners, and a largely
untapped advertising network for marketers worldwide.
This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended) concerning future
events and the Company's growth and business strategy. Words such
as "expects", "will", "intends", "plans", "believes", "anticipates",
"hopes", "estimates", and variations on such words and similar
expressions are intended to identify forward-looking statements.
Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be given
that such expectations will prove to have been correct. These statements
involve known and unknown risks and are based upon a number of
assumptions and estimates that are inherently subject to significant
uncertainties and contingencies, many of which are beyond the control of
the Company. Actual results may differ materially from those expressed
or implied by such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not limited
to, changes in the Company's business; general economic, industry and
market sector conditions; the ability to generate increases revenues
from the Company's forums; the ability to obtain additional financing to
implement the Company's long-term growth strategy; the ability to manage
the Company's growth; the ability to develop and market new technologies
to respond to rapid technological changes; competitive
factors in the market(s) in which the Company operates; and other
factors listed from time to time in the Company's filings with the
Securities and Exchange Commission. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or revisions
to any forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is based.
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