People Corporation

TSX VENTURE : PEO


People Corporation

November 26, 2012 09:00 ET

People Corporation Expands Its Benefit Consulting Team

TORONTO, ONTARIO--(Marketwire - Nov. 26, 2012) - People Corporation ("People" or the "Company") (TSX VENTURE:PEO) announced today that Donald Couture has joined the Company in the capacity of Benefits Consultant in our Québec based operations. Prior to joining the Company, Mr. Couture has held several positions in Group Benefit Consulting and Group Pension Consulting, including with firms like Manulife and Franklin Templeton Investments. He has consistently been a results orientated top performer. In addition to a bachelor's degree in actuarial sciences and business administration, Mr. Couture has the following professional designations: CEBS, ASA and CFA.

"I am extremely pleased with the continued expansion of our Québec based operations." said Bonnie Chwartacki, Executive Vice President of People Corporation. "Donald's proven track record in not only Group Benefit Consulting but also Group Pension Consulting combined with his actuarial background will allow the Company to further expand the services and solutions we provide to our clients."

About People Corporation

People Corporation is a leading employee benefits, group retirement and human resource consulting firm in Canada. With a growing national footprint across seven provinces, the Company is bringing together the leading consultants in the industry, offering innovative and customized human resource, benefit and pension solutions to its clients. Additional corporate information is available at www.peoplecorporation.com.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws, such as information concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Use of words such as "may", "will", "expect", "believe", or other words of similar effect may indicate forward-looking information including the completion of the transaction, the impact of that transaction on our earnings and cash flow, and the anticipated benefits of the transaction. This information is not a guarantee of future performance and is subject to numerous risks and uncertainties, including those described in our publicly filed documents (which are available on SEDAR at www.sedar.com). Those risks and uncertainties include: our ability to maintain profitability and manage growth; strong competition from other consultants and changes in the current legislation could result in significant competition from the banking industry; failure of information systems and technology; dependence on key clients; seasonality of revenues and the resulting possible impairment on working capital; reliance on key professionals; additional financing may be required and may not be available under terms favourable to us; there can be no assurance that any suitable future acquisition will be available to us or that, if available, the terms of the acquisition will be favourable to us; and a change in general economic conditions. Many of these risks and uncertainties can affect our actual results and could cause our actual results to differ materially from those expressed or implied in any forward-looking information made by us or on our behalf. Given these risks and uncertainties, investors should not place undue reliance on forward looking information as a prediction of actual results. All forward-looking information in this news release is qualified by these cautionary statements. This information is made as of the date of this news release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward looking information, whether as a result of new information, future events or otherwise. Additionally, we undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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