Gemini Corporation
TSX VENTURE : GKX

Gemini Corporation

June 29, 2009 11:00 ET

Gemini Corporation Appoints New CEO

CALGARY, ALBERTA--(Marketwire - June 29, 2009) - Gemini Corporation (TSX VENTURE:GKX) is pleased to announce the appointment of Mr. Doug Lautermilch as President and CEO.

Mr. Lautermilch is a professional engineer with an MBA and thirty years of increasing responsibility in a number of organizations within the energy industry. He has held a variety of executive management positions over the past 10 years giving him the experience necessary to successfully lead an entrepreneurial organization such as Gemini. His most recent position was as President and CEO of a mid-size oil sands service provider. Prior to that, he participated at the executive level in the growth of two multi-billion dollar organizations involved in oil and gas services and power generation. His knowledge of the service industry from both an engineering and field service perspective aligns well with our organization and will be of significant benefit as Gemini seeks to execute its strategic growth plans.

Mr. Carl Johnson, Gemini's founder and CEO for the past 27 years, will be assuming the position of Executive Chairman to assist in the organization's leadership transition. His background and experience in the industry will provide support to Mr. Lautermilch and the senior management team as they continue to expand the capabilities of the Corporation.

"This is an important step in Gemini's development and I am confident that Doug will guide the organization to new levels of profitability, activity and growth. I am looking forward to working with him through this transition", said Carl Johnson, Gemini's President and CEO. "His technical and business leadership combined with our existing management strength will provide the foundation for successfully growing all of our operations over the coming years."

About Gemini Corporation

Gemini Corporation offers a wide range of interrelated services including project management, engineering, fabrication, construction, and maintenance of oil & gas and industrial facilities within Canada and internationally. The Corporation is a leading provider of engineered solutions and field services through either stand-alone or integrated service approaches to a broadening client base in an array of industry sectors. The Corporation's principal target markets are conventional oil and gas, unconventional gas, heavy oil, industrial, and renewable energy.

Shares of Gemini trade on the TSX Venture Exchange under the symbol "GKX". For more information about the Corporation and its services, go to www.gemini-corp.ca.

Disclaimer

This news release contains forward looking information that represents Gemini's internal projections, expectations, estimates or beliefs concerning, among other things, future operating results and various components thereof or Gemini's future economic performance. All statements other than the statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expects", "projects", "plans", "anticipates", and similar expressions. The projections, estimates and beliefs contained in such forward-looking statements are based on management's assumptions relating to Gemini's performance and competition within the sectors in which it competes, the continuation of the current regulatory and tax regimes in the jurisdictions in which Gemini operates, and necessarily involve known and unknown risks and uncertainties, including risks and assumptions relating to client service demand, field service costs, labour rates, and other factors that may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted or suggested. The Corporation does not undertake to update any forward-looking information in this document whether as to new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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