Distinction Group Inc.
TSX : GD

Distinction Group Inc.

August 03, 2011 06:00 ET

GDI Acquires CLEANMAX-Calgary

MONTREAL, QUEBEC, CANADA--(Marketwire - Aug. 3, 2011) - Distinction Group Inc. ("GDI" or the "Company") (TSX:GD), a trusted leader in the Canadian facility services industry, is pleased to welcome Cleanmax Inc. ("CLEANMAX") to the GDI group. Acquired through its subsidiary Omni Facility Services Canada Limited ("Omni"), CLEANMAX will strengthen GDI's service platform in Alberta and generate approximately $8.5 million in additional annual revenues for the Company. The transaction closed on August 1, 2011.

"The acquisition of CLEANMAX enables us to consolidate GDI's position in Alberta, especially in the greater Calgary area," said Claude Bigras, President and Chief Executive Officer of GDI. "We are also very pleased to announce the appointment of William (Bill) Todd, formerly CLEANMAX's majority shareholder, as Vice President Operations – Western Canada for GDI-Omni. I am very honoured to partner with Bill and his team to further consolidate our lead position in the Calgary marketplace and build the depth of our management team in Western Canada. This transaction is also in line with our strategic growth plan for the Canadian market and our commitment to creating shareholder value."

"I am very excited about my new role as VP Western Canada within the GDI-Omni family, and I look forward to growing and expanding our efficient integrated facility services platform within GDI," said Mr. Todd.

About GDI (Distinction Group Inc.)

GDI is a Canadian leader in the facility services industry. Through its subsidiaries, GDI provides a range of industrial janitorial, mechanical maintenance and other related services to various segments of the real estate industry across Canada.

Additional information on the Company can be found on the GDI website at www.gdiservices.ca and on the SEDAR website at www.sedar.com.

Forward-Looking Statements

This press release may contain certain "forward-looking statements". Forward-looking statements are subject to certain risks and uncertainties, many of which are beyond the Company's control. There can be no assurance that such statements will prove to be accurate. Consequently, actual results and future events may differ materially from those anticipated by such statements. Readers should not rely unduly on such forward-looking statements.

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