Savaria Corporation
TSX : SIS

Savaria Corporation

May 19, 2009 23:00 ET

Savaria Releases an Amended Management Information Circular

LAVAL, QUEBEC--(Marketwire - May 19, 2009) - Savaria Corporation (TSX:SIS), the second largest company in the accessibility industry in North America has released a new version of its Management Information Circular in order to conform itself to the new requirements of the Autorite des marches financiers as specified in Appendix 51-102F6 concerning Executive compensation. For this purpose, required information regarding stock option based compensation to directors, more precisely, the fair value of options granted during 2008 as well as details on unexercised options at the end of 2008 were added. The amended circular is available on SEDAR (www.sedar.com).

Savaria Corporation (www.savariaconcord.com) is Canada's leader and the second largest accessibility company in North America. The Corporation designs, manufactures and distributes products meeting the needs of people with mobility challenges, primarily stairlifts, vertical and inclined platform lifts, as well as elevators for residential and commercial use. Through its subsidiary Van-Action (2005) Inc., Savaria also converts and adapts automotive vehicles for the disabled. Its sales rely on a network of some 600 retailers in North America. Savaria records approximately 60% of its sales outside Canada and employs some 400 people.

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