Stantec Inc.
TSX : STN
NYSE : SXC

Stantec Inc.

October 03, 2005 12:24 ET

Stantec Completes the Acquisition of Green Building Design Specialist Keen Engineering

EDMONTON, ALBERTA AND VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 3, 2005) - Stantec (TSX:STN) (NYSE:SXC) significantly increased its buildings engineering and sustainable design capabilities today by completing the acquisition of Keen Engineering (Keen). Keen-with approximately 275 employees and 12 offices (10 in Canada and two offices in the United States)-is considered to be one of the leading sustainable building systems design firms in North America.

"We're very pleased to have the talented and entrepreneurial group from Keen join the Stantec family," says Tony Franceschini, Stantec President & CEO. "The combination of Keen and Stantec makes up one of North America's largest sustainable design teams with over 280 LEED® Accredited professionals."

Keen is a progressive consulting engineering firm specializing in sustainable mechanical, electrical, and plumbing design for buildings and facilities. The company is one of the leaders and advocates of the green building design movement throughout North America. Keen has provided professional services for over 45 years and has offices in Vancouver, Victoria, Abbotsford, Kamloops, and Kelowna, British Columbia; Calgary and Edmonton, Alberta; Toronto and Ottawa, Ontario; Montreal, Quebec; Seattle, Washington; and San Francisco, California.

"By joining Stantec, we now have one of the largest integrated buildings design teams in North America," says Kevin Hydes, Keen President & CEO, who will continue with Stantec as Vice President. "With this group of experts and more robust financial and technical resources we will be able to promote sustainable building design to more clients across North America and make a positive impact on our environment by creating buildings that are environmentally responsible, profitable, and healthy places to live and work."

Stantec and Keen have worked together on a number of design projects including the Vancouver International Airport and the Winnipeg International Airport as well as University of Toronto's Scarborough Student Centre in Scarborough, Ontario, and the Vancouver General Hospital. Kevin Hydes is the current Chair of the US Green Building Council and founder of the Canadian Green Building Council.

About LEED®

The LEED (Leadership in Energy and Environmental Design) Green Building Rating System® is a voluntary, consensus-based national standard for developing high-performance, sustainable buildings. The LEED® system was developed by the US Green Building Council (USGBC) which is a coalition of leaders from across the building industry working to promote sustainable buildings. The Canadian Green Building Council (CaGBC) offers LEED® Accreditation for professionals and LEED® certification for buildings and facilities in Canada. LEED® Accredited professionals have passed a rigorous exam that tests their knowledge of green building design and sustainable building practices and are recognized by the USGBC and CaGBC.

For more information visit http://announcements.stantec.com/keen

Stantec, founded in 1954, provides professional design and consulting services in planning, engineering, architecture, surveying, and project management. We support public and private sector clients in a diverse range of markets, at every stage, from initial concept and financial feasibility to project completion and beyond. Our services are offered through more than 5,500 employees operating out of over 60 locations in North America and the Caribbean. Stantec trades on the Toronto Stock Exchange under the symbol STN and on the New York Stock Exchange under the symbol SXC.

Contact Information

  • Stantec
    Jay Averill
    Media Relations
    (780) 917-7441
    or
    Stantec
    Simon Stelfox
    Investor Relations
    (780) 917-7288
    Website: www.stantec.com
    or
    Keen Engineering
    Kevin Hydes
    President & CEO
    (877) 311-5336