press release 2005-1
FOR IMMEDIATE RELEASE
TSX Venture Exchange
Symbol “CSA”
Commercial Solutions Inc. Named One Of Canada’s 50 Best Managed Companies
Edmonton, Alberta, Canada, January 19, 2005 - COMMERCIAL SOLUTIONS INC. (the “Company”) (TSX-V:CSA), is proud to be recognized among Canada’s 50 Best Managed Companies. The Company will be honored at the awards gala, to be held in Toronto on January 24, 2005.
“This award is a testament to the efforts of all of our employees, our management team and our Directors,” stated Jim Barker, Commercial’s President and CEO. “We are extremely pleased to receive this type of recognition as it validates our values and accomplishments.”
“Commercial Solutions Inc. clearly demonstrates innovation, leadership and a focus on their employees and customers,” adds James McSherry, Executive Vice President and Managing Director of CIBC Commercial Banking, a national sponsor of the 50 Best Managed program. “Their example illustrates that focusing on the fundamentals while maintaining a clear vision yields outstanding results.”
“Over the past 12 years, Canada’s 50 Best Managed Companies program has recognized some of the most innovative and best managed companies in Canada, and we are delighted to celebrate the accomplishments of Commercial Solutions Inc.” said Tony Grnak, partner at Deloitte, a national sponsor of the 50 Best Managed program.
About Canada’s 50 Best Managed Companies
Canada’s 50 Best Managed Companies (50 Best Managed) is a national awards program recognizing the 50 Best Managed businesses from a wide range of industries that have implemented world-class best business practices. The program, established in 1993 and now entering its 12th year, recognizes 50 well-managed Canadian companies based on a rigorous and wide ranging interview process designed to assess and examine its management practices.
National sponsors of the program are Deloitte, CIBC Commercial Banking, National Post, and Queen’s School of Business. Information about Canada’s 50 Best Managed Companies 2004 is available online at www.canadas50best.com.
About Commercial
Headquartered in Edmonton, Alberta, the Company is one of Canada’s leading independent industrial distributors with 23 Services Centres and approximately 242 employees located across Canada. Commercial offers more than 150,000 items critical to maintenance repair and operations (MRO) and original equipment manufacturer (OEM) customers. The Company represents 400 leading manufacturers and serves over 10,000 customer accounts within a broad cross-section of industries, including oil and gas, forestry, food processing, chemical processing, mining and aggregate, utilities, agriculture and construction.
ON BEHALF OF THE BOARD OF DIRECTORS
By: “Jim Barker”
Jim Barker
Chairman
COMMERCIAL SOLUTIONS INC.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
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