Groupworks Financial Corp.

Groupworks Financial Corp.

September 07, 2011 08:30 ET

Groupworks Financial Corp. Expands Its Benefit Consulting Team With the Addition of Elizabeth Leishman

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) - Groupworks Financial Corp. (TSX VENTURE:GWC) ("Groupworks" or the "Company") announces that Elizabeth Leishman has joined the Company in the capacity of Benefit Consultant with our Ontario HealthSource Plus office.

Ms. Leishman has considerable knowledge within Employee Benefits, Pension and Human Resources. Prior to joining the Company, Ms. Leishman held the role of Account Executive / Business Development with Hewitt Associates. Previous to that, she held the position of Compensation & Benefits Manager at Four Seasons Hotels and Resorts. As a result of working as an HR leader in a best in class organization together with her benefit consulting experience, Ms. Leishman brings a powerful combination of technical and practical application skills to client engagements.

"Ontario is the largest employment centre in Canada and is an important strategic growth market for Groupworks. We are pleased with our progress towards attracting experienced Employee Benefits professionals such as Elizabeth Leishman. This further enhances our ability to provide benefit, HR and pension advisory services to our clients on a national scale," said Bonnie Chwartacki, Executive Vice President of Groupworks.

About Groupworks Financial Corp.

Groupworks Financial Corp. is a leading employee benefits and pension consulting firm in Canada. With a growing national footprint and eleven offices across six provinces, Groupworks is bringing together the leading advisors in the industry, offering innovative and customized HR, benefit and pension solutions to its clients. Additional corporate information is available at

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws, such as information concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Use of words such as "may", "will", "expect", "believe", or other words of similar effect may indicate forward-looking information including the completion of the transaction, the impact of that transaction on our earnings and cash flow, and the anticipated benefits of the transaction. This information is not a guarantee of future performance and is subject to numerous risks and uncertainties, including those described in our publicly filed documents (which are available on SEDAR at Those risks and uncertainties include: our ability to maintain profitability and manage growth; strong competition from other advisors and changes in the current legislation could result in significant competition from the banking industry; failure of information systems and technology; dependence on key clients; seasonality of revenues and the resulting possible impairment on working capital; reliance on key professionals; additional financing may be required and may not be available under terms favourable to us; there can be no assurance that any suitable future acquisition will be available to us or that, if available, the terms of the acquisition will be favourable to us; and a change in general economic conditions. Many of these risks and uncertainties can affect our actual results and could cause our actual results to differ materially from those expressed or implied in any forward-looking information made by us or on our behalf. Given these risks and uncertainties, investors should not place undue reliance on forward looking information as a prediction of actual results. All forward-looking information in this news release is qualified by these cautionary statements. This information is made as of the date of this news release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward looking information, whether as a result of new information, future events or otherwise. Additionally, we undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities.

Investor Relations Inquiries:

All Groupworks investor relations inquiries should be directed to Brevan Canning at (204) 295-8860. Email:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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