WSP Global Inc.

WSP Global Inc.

December 19, 2011 04:00 ET

GENIVAR establishes its architecture and engineering expertise in Newfoundland and Labrador and now has a presence in all Canadian provinces

MONTREAL, Dec. 19, 2011 - GENIVAR Inc. (TSX: GNV) ("GENIVAR" or the "Company") is pleased to announce that AE Consultants Ltd. ("AE Consultants"), a professional services firm specialized in architecture and engineering has joined the GENIVAR family. Located in St. John's, Newfoundland and Labrador, AE Consultants has 16 employees. As part of the transaction, the firm has sold its shares to GENIVAR's current partner in architecture, PBK Architects Inc., and will continue to operate under the name AE Consultants.

AE Consultants is a full service architecture and engineering firm with outstanding design and technical expertise which has been recognized with an honorable mention in the "City of Mount Pearl Urban Design Awards" for their design of the Eastern Edge Credit Union building (2010). The firm also received a nomination for an "Atlantic Canada Architectural Award" for its work at Memorial University's Ocean Sciences Centre at Logy Bay (2005). AE Consultants' broad range of work includes projects in residential, education, healthcare, recreation, cultural, retail and commercial buildings.

"We are very pleased to welcome AE Consultants within GENIVAR as it fits very well in our development strategy and enables us to establish a presence in both architecture and engineering in Newfoundland and Labrador," said Stephen Wallace, Senior Vice-President, Atlantic Canada of GENIVAR. "Through this alliance, we are delivering on our growth strategy of expanding across Canada, thus being a global player with a strong local presence as we now are established in all ten Canadian provinces," he added.

"GENIVAR is the perfect alliance for us. Our culture and values are completely aligned and our strong entrepreneurial spirit is matched by that of GENIVAR, enabling us to continue to offer practical and innovative solutions to our clients in the manner that they have come to expect," said Glenn D. Barnes, President of AE Consultants.

Established in 1970, AE Consultants is a full service architecture and engineering firm specializing in prime consulting, architecture, structural and civil/municipal engineering, sustainable green design and project management. The firm's expertise, coupled with partnerships with a broad range of specialists, resulted in project teams that offer a unique array of services tailored to meet the specific needs of each client.

GENIVAR is a leading Canadian consulting services firm providing private and public-sector clients with a full range of professional consulting services through all project phases, including planning, design, construction and maintenance. Ranging in size, its clients operate in various market segments, including the building, industrial and energy, municipal infrastructure, transportation and environmental sectors. GENIVAR is one of the largest engineering services companies in Canada by number of employees, with more than 5,000 managers, professionals, technicians, technologists and support staff in over 100 cities in Canada and internationally.

Forward-Looking Statements
Certain information regarding GENIVAR contained herein may constitute forward-looking statements. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although GENIVAR believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. GENIVAR's forward-looking statements are expressly qualified in their entirety by this cautionary statement.

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