GESTIPARK CANADA INC.

March 29, 2005 08:00 ET

Gestipark: European Company Emerging in Canadian Market


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: GESTIPARK CANADA INC.

MARCH 29, 2005 - 08:00 ET

Gestipark: European Company Emerging in Canadian Market

OTTAWA, ONTARIO--(CCNMatthews - March 29, 2005) - Consider this the next
time you use a Gestipark owned or managed parking facility: you're
renting that parking spot from a corporation that controls over 800,000
parking spots worldwide in over 12 countries.

Gestipark built on their strong presence in Eastern Ontario with their
recent acquisition of Centre Parking, a locally-owned company. This move
has not only caught attention,it has turned them into a major
competitor. A subsidiary of Vincipark of France, Gestipark now manages
24 parking facilities in the Ottawa Area, three in Gatineau and two in
Kingston.

Vincipark is part of Vinci Corporation with active holdings in
construction, highway construction, energy and transportation and are
now represented locally by Gestipark (Canada) Inc. Although the name may
not be well known in the area, Gestipark owns or manages a wide array of
parking facilities in the Montreal and Quebec City area including;
Aeroparc Dorval servicing the Pierre-Elliot Trudeau Airport, Cite
Internationale and Place Ville Marie in downtown Montreal as well as
McGill University and the Royal Victoria Hospital.

In a recent interview, Louis Jacob, the Executive Vice-President for
Gestipark, stated, "It's not the sort of thing that people are aware of,
but being able to park in a well run, well-lit, secure parking facility
involves the skills of a wide array of people who take pride in their
work. Appearance and courtesy of our employees is an integral part of
our company philosophy."

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Gestipark Canada Inc.
    Brent Robinson
    General Manager
    (613) 746-0075
    (613) 746-2110 (FAX)
    brobinson@gestipark.com