Bennett Environmental Inc.
TSX : BEV

Bennett Environmental Inc.

September 04, 2007 17:01 ET

Bennet Environmental Inc.: Strong Order Book Leads to Cornwall Re-Opening

Reduction in Board Size

OAKVILLE, ONTARIO--(Marketwire - Sept. 4, 2007) - Bennett Environmental Inc. (TSX:BEV) (the "Company" or "BEI") today announced that based on the strength of several recent orders, including significant service requirements from a major utility, that it would resume full operations at its Cornwall operations following Labour Day. The Company had previously announced an extension of the summer shut down of this facility due to the seasonal nature of demand. This re-starting of operations is consistent with the Company's announced plans of operating all of its facilities on a campaign basis.

In other news the Company announced the resignation of two of its directors, Mr. Michael Fleischer and Mr. Bernd Christmas. Mr. Christmas joined the Board in May of 2006 and Mr. Fleischer joined in August of the same year. Subsequently they have been instrumental in ensuring that the Company is focused on ensuring strong cost control while continuing to pursue revenue opportunities aggressively. In announcing the resignations Mr. Christopher Wallace, Chairman of the Board said that the directors will not be replaced at this time. "A smaller, nimbler Board suits the needs of Bennett Environmental at this point in its history. While the cost savings of not replacing the directors is not significant it does send an important message that the Company is committed to reducing costs wherever possible in its operations."

Forward Looking Statements

Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and "confident" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. BEI believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. BEI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Bennett Environmental Inc.

Bennett Environmental Inc. is a North American leader in high temperature treatment services for the treatment of contaminated soil and has provided thermal solutions to contamination problems throughout Canada and the U.S. Bennett Environmental's technology provides for the safe, economical and permanent solution to contaminated soil. Independent testing has consistently proven that the technology operates well within the most stringent criteria in North America. For information, please visit the Bennett Environmental website at: www.bennettenv.com.

Contact Information

  • Bennett Environmental Inc.
    Jack Shaw
    President and C.E.O.
    (905) 339-1540
    Website: www.bennettenv.com