Empire Industries Ltd.

Empire Industries Ltd.

January 04, 2007 06:00 ET

Empire Industries Ltd. Announces Hiring of Allan Francis

TORONTO, ONTARIO--(CCNMatthews - Jan. 4, 2007) - Empire Industries Ltd.,(TSX VENTURE:EIL)("Empire"), one of Western Canada's fastest growing steel fabrication and construction service providers, today announced that it has hired Mr. Allan Francis, as Director of Corporate Affairs.

He will be working in the general areas of: risk management, commercial management, marketing and branding, acquisition due diligence and corporate governance. He will be working out of the Winnipeg office of Empire and providing services to all of the subsidiary companies in the corporate family.

He joins Empire after ten years in the steel fabrication business initially with Dominion Bridge and most recently with Canron in Toronto, where he provided his expertise and developed a reputation for excellence in all of the above areas. Mr. Francis holds a law degree from the University of Manitoba and an M.B.A. from the Ivey School of Business in London.

"To be a part of such a dynamic and rapidly expanding company like Empire is a most exciting opportunity", stated Mr. Francis. "We welcome Allan to the executive management team at Empire. His experience and academic credentials provide an excellent combination that Empire can draw on in as it executes its growth strategy," commented Mr. Guy Nelson, CEO.

About Empire Industries Ltd.

Empire Industries Ltd. is a public company that was formed in July 2006. Empire Industries Ltd. is one of Western Canada's fastest growing steel fabrication and construction service providers. It operates its business through four wholly owned subsidiaries; Empire Iron Works Ltd., George Third and Son Ltd., Ward Industrial Equipment Ltd. and Hopkins Steel Works Ltd. Empire's mandate is to increase shareholder value by growing profits organically, by targeting acquisitions and by expanding its market share in the burgeoning industrial, commercial and institutional construction marketplace of Western Canada. The Corporation trades on the TSX Venture Exchange under the trading symbol EIL.

This press release may contain forward-looking statements that are subject to risk factors associated with capital spending in Western Canada and the overall Canadian economy. The Corporation believes that the expectations reflected in this press release are reasonable but results may be affected by a variety of variables. Forward-looking statements are based upon the beliefs, estimates and opinions of management on the date the statements are made. The Corporation undertakes no obligation to update these forward-looking statements if management's beliefs, estimates and opinions, or other factors, should change.

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

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