Ms. Marina Geronazzo reports

SMART CLOSES TRANSACTION TO SELL AND LEASE BACK CALGARY HEADQUARTERS

SMART Technologies Inc. has closed its transaction to sell and lease back the company's headquarters located in Calgary, Canada. The transaction generated proceeds of approximately $77-million in cash, net of all fees, which will be reflected in the company's first quarter 2014 financial statements when reported in August of 2013. As part of the transaction, the company entered into a 20-year lease with the purchaser, HOOPP Realty Inc., a real estate company related to the Healthcare of Ontario Pension Plan (HOOPP).