Hartco Inc.

Hartco Inc.

November 22, 2011 16:19 ET

Hartco Announces Resignation of CFO

MONTREAL, QUEBEC--(Marketwire - Nov. 22, 2011) - Hartco Inc. (TSX:HCI) today announced that Mr. Carl Gauvreau has resigned as Vice President and Chief Financial Officer, effective January 6, 2012.

"Carl has decided to leave Hartco for personal reasons, although he will continue to serve as CFO until his departure," said Patrick Waid, Hartco's President and COO. "We sincerely appreciate Carl's professionalism, leadership and contributions to the company's financial well-being during his six-year tenure at Hartco, and we wish him the very best in his future endeavours."

Hartco will immediately initiate a search for a new Chief Financial Officer.

About Hartco Inc.

Hartco Inc. (TSX:HCI) has been a leader in the Canadian information technology business for more than thirty years. Through its operating divisions, which together include 50 locations across Canada, Hartco Inc. delivers information technology solutions to private and public sector organizations of every size. For more information, please visit www.hartco.com.

Forward-Looking Statements

This news release contains forward-looking information. Except for historical information contained herein, the statements in this document are forward-looking. Forward-looking statements involve known and unknown risks and uncertainties, which may cause actual results in future periods to differ materially from forecasted results. Those risks include, among others, changes in customer demand for information technology products or services, changes in supplier pricing actions or terms, customer orders, pricing actions by competitors, changes in laws and regulations and general changes in economic conditions. Risks that could cause our results to differ materially from our expectations are discussed in our Annual Management's Discussion & Analysis.

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