Bestar Inc.
TSX : BES

Bestar Inc.

November 13, 2006 15:47 ET

Bestar Inc. Announces the Resignation of Mr. Jacques Hetu as President and Chief Executive Officer of Bestar Inc.

LAC MEGANTIC, QUEBEC--(CCNMatthews - Nov. 13, 2006) - Bestar Inc. (TSX:BES) announced today that Jacques Hetu, President and Chief Executive Officer of Bestar Inc. ("Bestar") is resigning for personal reasons. His resignation will take effect immediately. Mr. Hetu's position as President and Chief Executive Officer will be filled on an interim basis by Mr. Paulin Tardif the present Chairman of the Board of Directors of Bestar. Before the arrival of Mr. Hetu, Mr. Tardif held the position of Chairman of the Board, President and Chief Executive Officer.

"Jacques has made a great contribution to Bestar and we are sad to see him leave for personal reasons. The Board of Directors and myself express our sincere gratitude to Mr. Hetu for his contribution to the company during his tenure" said Mr. Paulin Tardif, Chairman of the Board of Directors of Bestar.

About Bestar Inc.

Founded in 1948, Bestar Inc. designs, manufactures and distributes a vast array of furniture and ready-to-assemble furnishing that meet customer needs in terms of quality, design, and functionality. Moreover, in the past months, Bestar has developed its new business plan which includes the manufacturing of components.

The company was incorporated in 1986 and operates from its plant in Lac-Megantic, Quebec, Canada.

Shareholder Information

Shareholders may find this press release under the CCN news file at www.ccnmatthews.com or on SEDAR at www.sedar.com .

Contact Information

  • Bestar Inc.
    Paulin Tardif, Chairman of the Board and President
    President and Chief Executive Officer
    819-583-1017
    819-583-5370 (FAX)
    ptardif@bestar.ca