Automodular Annouces Contract Extensions
TORONTO - June 16, 2008:
Automodular Corporation ("Automodular") announces that certain contracts to subassemble
and sequence components for General Motors of Canada Limited's Oshawa
truck plant have been extended for the remainder of the existing truck program. This
program is scheduled to end production on a yet to be disclosed date in 2009.
Automodular had previously announced the expiry and non-renewal of these contracts at
the end of the existing contract period (June 30, 2008).
Automodular Corporation is a supplier of sub-assembly, sequencing, transportation and
logistics services to four OEM plants in Ontario and Ohio. The Company has seven
operating facilities and employs over 900 people.
For further information, contact:
Christopher S. Nutt
Vice President, Finance
Automodular Corporation
(416) 861 0662 x 223
invest@automodular.com
This press release contains forward-looking statements that may involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are market and general economic conditions and the risk factors detailed from time to time in the Company’s periodic reports filed with the Canadian securities regulatory authorities and on SEDAR at www.sedar.com The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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