Logistec Corporation

Logistec Corporation

April 19, 2007 07:30 ET

Media Advisory/REMINDER/Logistec Corporation: Annual General Meeting

MONTREAL, QUEBEC--(CCNMatthews - April 19, 2007) - Logistec Corporation Inc. (TSX:LGT.A)(TSX:LGT.B) will hold its General Annual Meeting of Shareholders on:

Thursday, April 19, 2007 at 11:30 a.m.
Auditorium of the Montreal Exchange
800, Place Victoria, 4th Floor

Logistec achieved a record financial performance during fiscal 2006, when its revenue and net income increased by 15% and 58%, respectively, to $217.1 million and $10.7 million. At the Annual Meeting, Madeleine Paquin, President and Chief Executive Officer, will outline the strategies that Logistec will implement to achieve its business and financial objectives in 2007.

A press meeting will be held right after the Annual Meeting.

Logistec Corporation is based in Montreal (QC) and provides specialized services to the marine community and industrial companies in the areas of container, break-bulk and bulk cargo handling at 22 ports in Eastern Canada, the Great Lakes and the U.S. East Coast; agency services to foreign shipowners and operators serving the Canadian market; marine transportation services geared primarily to the Arctic coastal trade; and management of toxic waste, site remediation, risk assessment, and rehabilitation of underground water pipes and aqueducts. The Company has been profitable each year since 1969 and has more than doubled its revenue since 1995 through internal growth and strategic acquisitions. The Company has paid regular dividends since 1969 and payments have grown steadily over the years.

A public company since 1969, Logistec's shares are listed on the Toronto Stock Exchange under the ticker symbols LGT.A and LGT.B. More information can be obtained at the Company's website at www.logistec.com.

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