IPL Inc.
TSX : IPI.A

IPL Inc.

May 14, 2009 16:30 ET

New Appointment to IPL's Board of Directors

SAINT-DAMIEN, QUEBEC--(Marketwire - May 14, 2009) - IPL Inc. (TSX:IPI.A), one of North America's leading manufacturers of plastic products, announces the appointment of Mr. Michel Labadie as Director of the Company. Mr. Labadie will also become a member of the Company's Human Resources, Remuneration and Governance Committee. His nomination is effective immediately. Michel Labadie is presently President and Chief Executive Officer of Les Pros de la photo (Quebec) Inc., the largest photo finishing company in Canada, and is also a member of the Board of Directors of various publicly-listed and privately-owned companies.

"We are pleased that Michel Labadie has accepted to join IPL's Board of Directors as we extend him a warm welcome," mentioned Julien Metivier, Chairman of the Board of Directors of IPL. "He will be a valuable contributor given his extensive business skills and experience as corporate Director."

About IPL

IPL Inc. is one of the leading North American producers of moulded plastic products through injection and extrusion for different industrial manufacturing sectors. IPL employs close to 900 people in its four plants located in Saint-Damien, Saint-Lazare and Lawrenceville (Quebec), and Edmundston (New Brunswick). The Company manufactures and markets over 400 products for the packaging, materials handling and environment sectors. IPL also provides highly technical value-added custom moulding services for the automotive and transport industries, as well as for various industrial uses. Further information about IPL is available at www.ipl-plastics.com.

Forward Looking Statements

With the exception of historical information, this press release may contain declarations of a speculative nature with regard to the Company's future performance. These are made based on assumptions, uncertainties and management's best estimates with regard to future events, and are subject to certain risks factors. Such factors might include, but are not limited to, fluctuations in quarterly results, changes in customer demand for the Company's services and the impact of competitive price pressures, as well as general market trends and changing economics. Consequently, readers are advised that actual results may be different than expected results.

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