Major Stockholder Requests TSR to Pursue Sale of Company
TSR, Inc. (Nasdaq:TSRI) (“TSR” or the “Company”) announced today that on June 25, 2018, the Company received a letter from James
Hughes on behalf of Joseph F. Hughes and Winifred M. Hughes, in which Joseph F. Hughes and Winifred M. Hughes requested that the
Company’s Board of Directors pursue a sale of the Company. Joseph F. Hughes is the former Chairman and Chief Executive Officer of
the Company, and he and Mrs. Hughes together own a total of 819,000 shares of the Company’s common stock, which represents
approximately 41.8% of the Company’s issued and outstanding common stock. The Company has provided a copy of the letter to the
members of its Board of Directors for review.
TSR, Inc.
John Sharkey, 631-231-0333
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