Winalta Inc.

Winalta Inc.

March 28, 2005 11:27 ET

Winalta Inc. Announces Senior Management Changes


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: WINALTA INC.

TSX VENTURE SYMBOL: WTA.A

MARCH 28, 2005 - 11:27 ET

Winalta Inc. Announces Senior Management Changes

EDMONTON, ALBERTA--(CCNMatthews - March 28, 2005) - Winalta Inc. (TSX
VENTURE:WTA.A) announced today that, Blair Halliday, formerly President
and Chief Operating Officer, will no longer be with the Company after
April 8th, 2005. James A. Sapara, Chairman and CEO will be stepping into
the role of President and Chief Operating Officer for the time being.

Winalta also announced that Kevin Peterson, C.M.A., Controller has been
promoted to the position of Chief Financial Officer and Vice President
of Finance. The position of General Manager will continue to be held by
Tony Kremzar, with an increase in his duties to include full
responsibility of all production operations.

Blair Bondar, Vice President and Chief Operating Officer of subsidiary
Vanguard Inc., has also been promoted to the position of President of
that subsidiary.

Winalta is a producer of manufactured CSA certified homes, modular
homes, site-built homes, industrial projects, and recreational homes. In
addition, through its subsidiary, Vanguard Inc., the Corporation
designs, manufactures, distributes, and wholesales motorized and
non-motorized recreational vehicles.

Winalta Inc. shares trade on the TSX Venture Exchange under the symbol
"WTA.A"

THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT OF THE CORPORATION AND THEY
ACCEPT FULL RESPONSIBILITY FOR ITS ACCURACY.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Winalta Inc.
    James A. Sapara
    Chairman and CEO
    (780) 960-6900
    or
    Winalta Inc.
    Kevin Peterson
    CFO and Vice President of Finance
    (780) 960-6900
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news
    release.