AirBoss of America Corp. Appoints New Chief Financial Officer

NEWMARKET, ON--(Marketwired - June 17, 2016) - Mr. Gren Schoch, Chairman and CEO of AirBoss of America Corp. (TSX: BOS) (the "Company"), is pleased to announce on behalf of the Board of Directors the appointment of Daniel A. Gagnon to the position of Chief Financial Officer (CFO), effective June 20, 2016.

Mr. Gagnon is a seasoned financial executive with over 30 years of progressive financial experience in a variety of industries, including 10 years in manufacturing. He has a solid track record as a CFO building effective teams, improving processes and driving profitable growth. Mr. Gagnon received his bachelor's degree in business commerce (with honours) from Concordia University and is a Certified Public Accountant and Chartered Accountant.

Mr. Gagnon will succeed Wendy Ford, who served as AirBoss' CFO since 2014, during a period of substantial transition and growth at the Company, having previously served as Director of Finance of the Company since 2011. Mrs. Ford has agreed to remain with AirBoss for the next few months and will work closely with Mr. Gagnon to ensure a seamless transition.

Mrs. Ford has been an important member of the AirBoss senior team during a period of significant change both within our company and in our industries, and we would like to express our appreciation for her dedication and contributions during that period and wish her much success in her future endeavours.

We welcome Mr. Gagnon and look forward to his contribution to the senior leadership team as we enter an important growth phase for the Company.

AirBoss of America Corp. is a group of complementary businesses using compounding technology and engineering expertise to create value for its customers. With a capacity to supply over 250 million pounds of rubber annually, AirBoss Rubber Compounding is one of North America's largest custom rubber compounding companies. AirBoss Engineered Products is a world leader in the supply of life saving products for the military and essential calendered, extruded and moulded products for a broad range of applications. AirBoss Flexible Products is a leading supplier of innovative anti-vibration solutions to the North American automotive market. The Corporation's shares trade on the TSX under the symbol BOS. Visit www.airbossofamerica.com.