NAPEC Inc. Announces the Appointment of Guy Pelletier as Director of the Corporation


DRUMMONDVILLE, QUEBEC--(Marketwired - May 6, 2015) - NAPEC Inc. ("NAPEC" or the "Corporation") (TSX:NPC) is pleased to announce the appointment of Mr. Guy Pelletier as Director of the Corporation. The appointment takes effect immediately and fills a vacancy.

Mr. Pelletier brings to NAPEC almost 35 years of experience with the Deloitte accounting firm, from which he recently retired. In the course of his career, he has had management responsibility for a wide range of complex audit projects for many large corporations. In addition to his in-depth knowledge of the preparation and disclosure of financial information, Mr. Pelletier has developed particular expertise in capital markets and their regulatory environment. Among other responsibilities, he has advised numerous companies and boards on matters of corporate governance and on the effectiveness and efficiency of audit committees.

From 2012 to 2015, Mr. Pelletier headed Deloitte's integrated Merger and Acquisition services group for Quebec. In this capacity, he has participated in many acquisition transactions and under his leadership, the group has earned a high profile for its numerous successes. In addition, Mr. Pelletier led the manufacturing-sector group for the Montreal office from 2007 to 2010. During this time, he was a member of the national committee for the sector and was responsible for the implementation of various initiatives to ensure its growth and eminence.

"Guy Pelletier is highly esteemed as a business advisor to a broad range of companies and NAPEC is pleased to be able to count on his rich expertise and experience. On behalf of all members of the Board of Directors, I congratulate Mr. Pelletier on his appointment and extend to him a most cordial welcome", said Luc Reny, Chairman of the Board of Directors of NAPEC.

FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements that reflect management's current expectations regarding future events. Forward-looking statements are based on a number of factors and include risks and uncertainties. Actual results may differ from forecast results. Management assumes no obligation beyond what is required under the law to update or revise forward-looking statements pursuant to new information or future events.

OVERVIEW OF THE CORPORATION

NAPEC is a corporation operating in the energy sector. The Corporation is a leading service provider to the public utility and heavy industrial markets mainly in Quebec, Ontario, and the eastern United States. NAPEC and its subsidiaries build and maintain electrical transmission and distribution grids, as well as networks for gas utilities. In addition, the Corporation installs gas-powered and electric-powered heavy equipment for utilities, industrial gas power plants, and petrochemical facilities in North America.

Further information regarding NAPEC is available in the SEDAR database (www.sedar.com) and on the Corporation's website at www.napec.ca.

Source: NAPEC Inc.

Contact Information:

Pierre L. Gauthier
President and Chief Executive Officer
819-479-7771
p.gauthier@napec.ca

Mario Trahan, CPA, CMA
Chief Financial Officer
819-479-7771
m.trahan@napec.ca

MaisonBrison
Martin Goulet, CFA
514-731-0000
martin@maisonbrison.com