Hurco Companies, Inc. announced that Mr. Niner is retiring at the end of his current term, and therefore, has not been nominated for re-election at the annual meeting. The Board of Hurco Companies, Inc. thanks Mr. Niner for his dedicated service on the Board. The Board of Directors, acting on the recommendation of its Nominating and Governance Committee, has approved a decrease in the size of the Board of Directors from ten members to nine members, to be effective as of the election of directors at company's 2020 Annual Meeting of Shareholders.