Novation Companies Announces Date of 2018 Annual Meeting of Shareholders


KANSAS CITY, Mo., Aug. 2, 2018 /PRNewswire/ -- Novation Companies, Inc. (OTC: NOVC) ("Novation" or the "Company"), which through its subsidiary Healthcare Staffing, Inc. provides outsourced health care staffing and related services in the State of Georgia, announced that its 2018 Annual Meeting of Shareholders (the "2018 Annual Meeting") will be held on October 4, 2018, at 2:00 p.m. Central Daylight Time in Kansas City. Shareholders of record of Novation common stock at the close of business on August 31, 2018, the record date for the 2018 Annual Meeting, will be entitled to notice of, and to vote at, the 2018 Annual Meeting.

Shareholder proposals intended to be presented at the 2018 Annual Meeting pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended, must be received by the Company not later than 5:00 p.m. Eastern Daylight Time on August 13, 2018, in order to be considered for inclusion in the Company's proxy statement for the 2018 Annual Meeting. For a shareholder to bring business before the 2018 Annual Meeting outside of Rule 14a-8 or to nominate a director, it must provide timely written notice to the Company in accordance with the advance notice provisions of the Company's Second Amended and Restated Bylaws.

About Novation Companies, Inc.

Novation Companies, Inc. and its subsidiaries, through its wholly-owned subsidiary Healthcare Staffing, Inc., provides outsourced health care staffing and related services in the State of Georgia. Novation also owns a portfolio of mortgage securities which generate earnings to support on-going financial obligations. Novation's common stock, par value $0.01 per share, is traded on the OTC Pink marketplace of the OTC Markets Group, Inc. under the symbol "NOVC".

For more information, please visit or contact Carolyn Campbell, Chief Financial Officer, at 816.237.7000 or

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SOURCE Novation Companies, Inc.

Company Codes: OTC-PINK:NOVC

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