Empire Industries Ltd.
TSX VENTURE : EIL

Empire Industries Ltd.

June 16, 2010 17:39 ET

Empire Industries Announces Changes to Board of Directors

WINNIPEG, MANITOBA--(Marketwire - June 16, 2010) - Empire Industries Ltd. (TSX VENTURE:EIL) held its Annual Shareholders Meeting today. A copy of the Company's presentation is available on their website at www.empind.com.

At the meeting, two new independent directors were elected to the Board:

Ian MacDonald is the Managing Director of Tricapital Management Limited, a boutique merchant bank that raises capital for mid-sized private and public companies. A Chartered Accountant, Mr. MacDonald is a strong strategic thinker with a solid track record of driving profitability in mid-sized companies.

Terry Quinn is the Principal at Quinn Consulting, a mergers and acquisitions consulting practise focusing on industrial service and construction businesses in the western Canada oil and gas basin.

These new independent directors replace Joe Robertson and Peter Kozicz, who did not stand for re-election to the Board. As independent directors, Mr. MacDonald and Mr. Quinn will join Bruce Jackson, who was appointed as an independent director on May 3, 2010, and Robert Marshall, who has been an independent director of Empire since November 30, 2007.

"We are very happy to have Ian and Terry join the board," said Guy Nelson, Chief Executive Officer of Empire. "Their skills and experience will be invaluable to the company in our drive to return to profitability and growth."

About Empire Industries Ltd.

Empire Industries Ltd. is based primarily in western Canada, and operates in two market segments: Specialized Engineered Product Manufacturing and Steel Fabrication. It also participates in a strategic partnership in the industrial maintenance services sector through its equity stake in ACE Industrial Services, based in Fort McMurray. The Company's business operations are focused on the infrastructure, commercial and industrial construction marketplace of western Canada and select niche markets internationally. Empire's common shares are listed on the TSX Venture Exchange under the symbol EIL.

For more information about the Company, visit www.empind.com.

Caution Concerning Forward-Looking Statements

This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Empire's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as ''plans'', ''expects'' or ''does not expect'', ''budget'', ''scheduled'', ''estimates'', "forecasts'', ''intends'', ''anticipates'' or variations of such words and phrases or state that certain actions, events or results ''may'', ''could'', ''would'', ''might'' or ''will be taken'', ''occur'' or ''be achieved''. These forward looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking information is provided as of the date of this press release, and Empire assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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