SOURCE: EnerCare Inc.

Enercare Inc.

April 18, 2016 08:00 ET

Leading Independent Proxy Advisors ISS and Glass Lewis Recommend Enercare Shareholders Vote FOR All Resolutions

Annual General Meeting of Shareholders Scheduled for Thursday, April 28, 2016

TORONTO, ON--(Marketwired - April 18, 2016) - Enercare Inc. ("Enercare", or the "Company") (TSX: ECI) is pleased to announce that Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co., LLC ("Glass Lewis"), leading independent proxy advisory firms, have recommended that shareholders of Enercare ("Shareholders") vote FOR all resolutions, including the re-election of proposed director nominees and the re-appointment of PricewaterhouseCoopers LLP as the Company's external auditor for the ensuing year at the Annual General Meeting of Shareholders to be held on April 28, 2016 at 10:00 a.m. (ET).

Welcoming the recommendations, John Macdonald, President and CEO of Enercare, said: "We are pleased with ISS and Glass Lewis' recommendation to vote for each of our resolutions and their support of our slate of director nominees. Our board has played a fundamental role in maximizing Enercare's total shareholder return, which for the last three consecutive years has outperformed our market benchmarks, the S&P/TSX Composite and the S&P/TSX SmallCap Indices. We look forward to continuing to create value for our shareholders." Enercare's management information circular for the meeting can be found on SEDAR at www.sedar.com.

Attention Enercare Shareholders:

Be sure to vote your proxy before Tuesday, April 26, 2016 at 10:00 a.m. (Toronto time).
For more information and assistance in voting your proxy, please contact Kingsdale Shareholder Services at 1-888-518-6813 toll-free in North America or call collect at 416-867-2272 outside of North America or by email at contactus@kingsdaleshareholder.com.

Enercare will hold its Annual General Meeting at the TMX Broadcast Centre, The Exchange Tower, 130 King Street West, Toronto, Ontario. 

Those wishing to listen to the teleconference may access the live webcast as follows:

Date: Thursday, April 28, 2016

Time: 10:00 a.m. - 11:00 a.m. (ET)

By telephone: 647.788.4922 or 1.877.223.4471

Please allow 10 minutes to be connected to the conference call.

Webcast:  www.gowebcasting.com/7094  Note: this is a listen-only audio webcast. Media Player or Real Player is required to listen to the broadcast.

Replay:  An archived audio webcast will be available at: www.enercareinc.com for one year following the original broadcast. 

Note:  A slide presentation intended for simultaneous viewing with the conference call will be available the morning of Thursday, April 28, 2016 at: www.enercareinc.com.

To automatically receive Enercare's news releases electronically, visit the investor relations section of Enercare's website at enercareinc.ca/alerts and subscribe to email alerts.

About Enercare Inc.

Enercare is headquartered in Toronto, Ontario and publicly traded on the Toronto Stock Exchange (TSX: ECI). As one of Canada's largest home and commercial services and energy solutions companies with approximately 1,000 employees, Enercare provides water heaters, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans and related services to more than 1.2 million customers. Enercare is also the largest non-utility sub-meter provider, with electricity, water, thermal and gas metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada, and through its Triacta division, a premier designer and manufacturer of advanced sub-meters and sub-metering solutions.

For more information on Enercare visit enercare.ca. Additional information regarding Enercare is available on SEDAR at www.sedar.com or through Enercare's investor relations website at www.enercareinc.com or www.enercare.ca

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