Savaria Corporation

Savaria Corporation

November 01, 2005 09:00 ET

Savaria Doubles its Sales & Installation Team in the Toronto Area

LAVAL, QUEBEC--(CCNMatthews - Nov. 1, 2005) - Savaria Corporation (TSX:SIS), the second largest company in the accessibility industry in North America announced today that Mr. Bill Richardson and his team of six representatives and installers will join Robertson Custom Elevators, which was purchased by Savaria in April 2004. Robertson sells and installs accessibility equipment in the metropolitan Toronto area.

"We are very proud that Mr. Richardson and his team will join the Savaria Group. Mr. Richardson possesses 17 years of experience in the field of distribution, sales and the installation of accessibility equipment. Formerly, Savaria was under-represented in the Toronto area, but we can now count 14 highly experienced individuals," said Marcel Bourassa, President and CEO.

"Savaria and Concord together have merged to become a formidable organization in Canada," adds Mr. Richardson. "My team and I are excited to join the Savaria team and will now be in position to respond to our clients' every accessibility need with the combined product offering of Savaria and Concord rather than look to European product lines. Be it standard or custom-made products, real estate developers and architects alike will find the solution to their customers' every need at Savaria."

"The expansion of our corporate dealer network has proven very profitable and it remains an important strategic priority. This agreement perfectly integrates with our development program. In addition, due to Mr. Richardson's vast expertise, he will head our Research & Development for the conception of our new straight run and curved stair lift program," concludes the President of Savaria.

Savaria Corporation ( is Canada's leader and the second largest accessibility company in North America. The Company designs, manufactures and distributes products, meeting the needs of people with mobility challenges, including stairlifts, vertical and inclined platform lifts and elevators for residential use. Savaria's products, sold through a network of over 400 retailers in North America, generate sales exceeding $60 million. The Company records over 50% of its sales outside Canada and employs close to 400 people.

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