easyhome Ltd.

easyhome Ltd.

November 03, 2005 16:40 ET

easyhome Ltd. Announces Consolidation of Executive Committee Functions in its Mississauga Office

EDMONTON, ALBERTA--(CCNMatthews - Nov. 3, 2005) - easyhome Ltd. (TSX:EH), Canada's leading merchandise rental company, today announced it is consolidating all executive committee functions in its Mississauga office effective March 31, 2006. In consultation with the Company, Executive Vice-President and Chief Financial Officer, Bill Johnson, the only executive committee member not located in Mississauga, has elected to retire effective the date of the consolidation. Mr. Johnson will be working with the Company to search for a new Chief Financial Officer to take over his responsibilities effective on the date of Mr. Johnson's retirement.

David Ingram, President and Chief Executive Officer stated: "I would like to extend my personal thanks to Bill for his 10 years of great service and his support to the executive team, particularly through the last 5 years that coincided with the Company's improving performance. On behalf of all our staff at easyhome, we wish Bill and his family many happy times in their future endeavours."

Donald K. Johnson, Chairman of the Board stated: "I also would like to thank Bill for his contribution to the Company's excellent performance during the last few years. Our board members wish Bill and his family continued success going forward."

easyhome Ltd., with 161 stores, is Canada's largest merchandise rental company and the fourth largest in North America, offering top quality, brand-name household furnishings, appliances and home electronic products to consumers under weekly or monthly rental agreements. easyhome Ltd. is listed on the TSX under the symbol 'EH'.

Certain information included in this news release may constitute forward-looking statements. Forward-looking statements are based on current expectations and entail various risks and uncertainties. These risks and uncertainties could cause or contribute to actual results that are materially different from those expressed or implied. The Company disclaims any obligation or intention to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact Information

  • easyhome Ltd.
    Donald K. Johnson
    Chairman of the Board
    (416) 359-4119
    easyhome Ltd.
    David Ingram
    President & Chief Executive Officer
    (905) 272-2788