press release 2009-07
FOR IMMEDIATE RELEASE
Toronto Stock Exchange
Symbol "TSX: CSA"
Commercial Solutions Announces Second Quarter 2009 Sales
Edmonton, Alberta, May1, 2009 - COMMERCIAL SOLUTIONS INC. ("Commercial" or the "Company") (TSX:CSA) today reported its quarterly revenues for the three-month period ended March 31, 2009 of $29.3 million versus $37.5 million during the same three-month period the year prior, representing a 21.9 percent decrease versus the comparable quarter.
For the six-month period ended March 31, 2009, the Company reported revenues of $65.1 million versus $71.2 million during the same six-month period the year prior, representing a year-over-year decrease of 8.6 percent.
The Company also announced that it will report its second quarter 2009 financial results for the period ended March 31, 2009 at 8:00 a.m. eastern standard time (EST) on Friday, May 15, 2009.
About Commercial
Headquartered in Edmonton, Alberta, Commercial is one of Canada's leading independent industrial distributors with 30 Services Centres and approximately 300 employees located across Canada. Commercial offers more than 160,000 items critical to maintenance repair and operations (MRO) and original equipment manufacturer (OEM) customers. The Company represents 450 leading manufacturers and serves over 11,000 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. Commercial trades under the symbol "CSA" on the Toronto Stock Exchange. For further information on the Company, please visit www.commercialsolutions.ca and for detailed financial information visit www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Commercial Solutions Inc.
Rozina Kassam CA
Chief Financial Officer
(780) 577-4360
rkassam@csinet.ca
or
Eric Sauze CA
Chief Operating Officer
(780) 577-2215
esauze@csinet.ca
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