Peartrack Security Systems, Inc. announced that Mr. Edward W. Withrow III resigned as Chairman and member of the board of directors. This resignation did not involve any disagreement with the company. Mr. E. William Withrow Jr., currently President and Chief Executive Officer and a board member, succeeds him to serve as Interim Executive Chairman until the next annual meeting of the shareholders and/or until his successor is duly appointed.

The company has accepted the resignation of Arran de Moubray as a member of the board of directors. This resignation did not involve any disagreement with the company.