Armtec Infrastructure Income Fund Unveils New Corporate Visual Identity



    Toronto Stock Exchange: ARF.UN

    GUELPH, ON, May 21 /CNW/ - Armtec Infrastructure Income Fund (the "Fund")
(TSX: ARF.UN) today unveiled a new corporate visual identity that is designed
to portray the company as a leading manufacturer and marketer of a
comprehensive range of infrastructure products and engineered solutions
serving diverse customer groups in different markets and to reflect its recent
significant growth as an organization.
    Drawing on infrastructure markets for inspiration, the new identity
portrays the Fund as an industry-leading brand of complementary infrastructure
products that is set apart from its competitors in the marketplace. Its solid
three-dimensional shape represents the Fund's unique combination of diverse
customer solutions provided by the organization, with the simplicity of design
and lines that show the stability of the Fund's business, its competitive
strength in the industry and the depth of its market diversity across all of
Canada's regions.
    "With the changes we have made, the Fund has grown into a new and
exciting infrastructure company that serves a broad base of customers in a
variety of markets across North America," said Charles Phillips, President and
Chief Executive Officer. "Our new brand identity marks our transformation into
a larger, more diverse organization that is more competitive in the markets we
serve and symbolizes the qualities that will define our business in the years
ahead."

    About Armtec Infrastructure Income Fund

    The Fund is a leading manufacturer and marketer of a comprehensive range
of infrastructure products and engineered construction solutions for customers
in a diverse cross-section of industries that are located in every region of
Canada, as well as in selected markets in North America and worldwide. These
markets include Canada's national and regional public infrastructure markets
and private sector markets in agricultural drainage, commercial building,
residential construction and natural resources. Operating through its three
divisions and with a network of offices and production facilities across the
country, the Fund is Canada's only national multi-material manufacturer. The
Armtec Division specializes in high density polyethylene and corrugated steel
pipe products for drainage and bridge applications, and water management
systems. The Con-Force Division offers a wide variety of precast and
pre-stressed concrete products and includes advanced construction components
and high-value engineered solutions to large project customers. The Durisol
Division provides a full suite of highway noise barriers and related
infrastructure products to the transportation sector. Armtec Infrastructure
Income Fund is listed on the TSX under the ARF.UN symbol. For more
information, please visit www.armtecincomefund.com.

    Forward-Looking Statements

    This news release contains certain statements that constitute
forward-looking information within the meaning of applicable securities laws
("forward-looking statements"). All statements other than statements of
historical fact contained herein are forward-looking statements, including,
without limitation, statements regarding the impact of the above noted
contract award and capacity expansion on the Fund's financial performance and
statements regarding the business strategy, plans and objectives of or
involving the Fund or the businesses in which it has invested. Prospective
investors can identify many of these statements by looking for words such as
"believe", "expects", "will", "intends", "plans", "projects", "anticipates",
"estimates", "continues" and similar words or the negative thereof. There can
be no assurance that the plans, intentions or expectations upon which these
forward-looking statements are based will occur. Although management believes
that the expectations represented in such forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be
correct.
    By their nature, forward-looking statements require assumptions and are
subject to inherent risks and uncertainties, including those discussed herein.
There is significant risk that forward-looking statements will not prove to be
accurate. You are cautioned not to place undue reliance on forward-looking
statements made herein because a number of factors could cause actual future
results, conditions, actions or events to differ materially from the targets,
expectations, estimates or intentions expressed in the forward-looking
statements.
    The future outcomes that relate to forward-looking statements may be
influenced by many factors, including but not limited to: industry
cyclicality; competition; reduction in demand for products; collection from
customers; relationships with suppliers; lack of long-term agreements;
expiration of rights under licence and distribution arrangements; raw material
price volatility; product liability; intellectual property; reliance on key
personnel; environmental; collective bargaining; interest rates; uninsured and
underinsured losses; operating hazards; risks of future legal proceedings;
dependence on other Fund subsidiaries; income tax matters; leverage and
restrictive covenants; credit facilities; nature of units; distribution of
securities on redemption or termination of Fund; restrictions on potential
growth; effect of market interest rates on price of Units; undiversified and
illiquid holdings in Armtec Operating Trust; and potential dilution. You are
cautioned that the foregoing list of factors is not exhaustive and that when
relying on forward-looking statements to make decisions with respect to the
Fund, investors and others should carefully consider these factors, as well as
other uncertainties and potential events, and the inherent uncertainty of
forward-looking statements.
    The forward-looking statements contained herein are expressly qualified
in their entirety by this cautionary statement. The Fund undertakes no
obligation to publicly update or revise any forward-looking statements except
as expressly required by applicable securities law.
    Risks related to the Fund have been summarized in the Fund's latest
Annual Information Form, Management's Discussion and Analysis included in the
Annual Report and quarterly financial reports available on www.sedar.com or
the Fund's web site at www.armtecincomefund.com.





For further information:

For further information: Charles M. Phillips, President & Chief
Executive Officer, Armtec Limited Partnership, Tel: (519) 822-0210, Fax: (519)
822-8894; James R. Newell, Chief Financial Officer, Armtec Limited
Partnership, Tel: (519) 822-0210, Fax: (519) 822-8894; Carrie Boutcher, Vice
President, Finance, Armtec Limited Partnership, Tel: (519) 822-0210, Fax:
(519) 822-8894

Organization Profile

ARMTEC INFRASTRUCTURE INCOME FUND

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