CVTECH GROUP INC. IS AWARDED TWO CONTRACTS TOTALLING APPROXIMATELY $14.0 MILLION

DRUMMONDVILLE, QC, June 15, 2011 /CNW Telbec/ - CVTech Group Inc. ("CVTech" or the "Corporation") (TSX: CVT) today announced that its Energy segment subsidiaries have been awarded two contracts with a total value of approximately $14.0 million. Work related to both contracts is scheduled to begin over the next few days.

First, National Grid awarded Thirau LLC a contract valued at nearly US$8.0 million for the construction of a 69-kV, 32-kilometre electricity transmission line in the state of Vermont. Work is expected to be carried out over a period of more than ten months. Approximately 32 employees are expected to be assigned to the project.

Second, Thirau ltée was awarded by Hydro-Québec a contract valued at more than $6.0 million for work on the vast Romaine hydroelectric complex on Quebec's North Shore. This contract is the second obtained by Thirau ltée in connection with this project. Under the terms of the agreement, Thirau ltée will build a 34.5-kV, 36-kilometre overhead distribution network to supply electricity to the Romaine III camp. Work will be carried out over a four-and-a-half-month period. Approximately 45 employees are expected to be assigned to the project.

"CVTech has developed a solid business relationship with National Grid and we are pleased to undertake another important mandate for this strategic partner. Meanwhile, the Romaine hydroelectric complex presently constitutes the largest construction project in Canada and, as evidenced by this second contract, CVTech is well positioned to benefit from the numerous business opportunities related to its realization," said André Laramée, President and Chief Executive Officer of CVTech.

OVERVIEW OF THE CORPORATION
CVTech is a management corporation that operates in two major sectors. Through Thirau ltée, and its subsidiary, Thirau LLC, the Corporation services the electrical utility industry with the construction and maintenance of transmission and distribution lines primarily in Quebec and the eastern United States. Thirau ltee's subsidiary, J.J.L. Déboisement inc., specializes in vegetation control surrounding the lines and clearing the lines' rights of way. Thirau LLC also possesses a wholly-owned subsidiary, Riggs Distler & Company, Inc., an important provider of maintenance and construction services to the utility and heavy industrial markets. Through CVTech-IBC Inc., the Corporation services the vehicle industry through the design, manufacture and sale of continuously variable power transmission systems, or CVTs. CVTech-AAB specializes in rebuilding crankshafts and cylinders, as well as distributing engine parts.

FORWARD-LOOKING STATEMENTS
This document may contain forward-looking statements that reflect management's current beliefs regarding future events. Forward-looking statements are based on a number of factors and include risks and uncertainties. Actual results may differ from forecast results. Management has no obligation beyond what is required under the law to update or revise forward-looking statements pursuant to new information or future events.

For further information regarding CVTech, the reader may consult the SEDAR database as well as the Corporation's web site at: www.cvtech.ca.

SOURCE CVTECH GROUP INC.

For further information:

Source: CVTech Group Inc.
Contacts:
André Laramée, MBA   
President and Chief Executive Officer 
(819) 479-7771    
a.laramee@cvtech.ca
Mario Trahan, CMA   
Chief Financial Officer   
(819) 479-7771    
m.trahan@cvtech.ca
MaisonBrison
Martin Goulet, CFA
(514) 731-0000 
martin@maisonbrison.com

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CVTECH GROUP INC.

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