Matrix Asset Management Inc. : Reports the Resignation of David Balsdon From Its Board of Directors

TORONTO, ONTARIO--(Marketwired - Sept. 26, 2013) - Matrix Asset Management Inc. (the "Company" or "Matrix") (TSX:MTA) announced that David Balsdon has resigned from the Company's Board of Directors in connection with Matrix concluding the mutual funds asset sale previously announced on September 17, 2013