GENIVAR Income Fund acquires two specialized firms in Quebec



    MONTREAL, Feb. 6 /CNW Telbec/ - The GENIVAR Income Fund ("GENIVAR") is
pleased to announce the acquisition of two consulting engineering firms:
Sherbrooke-based Envirotel 3000 Inc. ("Envirotel") and Montreal-based WSA
Trenchless Consultants Inc. ("WSA"). Envirotel specializes in environmental
services, while WSA specializes in municipal infrastructure; the firms have a
combined total of 15 employees.
    "Envirotel's experts and scientists have developed a wide range of
expertise as well as state-of-the-art tools for wildlife and plant habitat
development and inventory projects," said Jean Boudreault, Vice-President,
Environment, GENIVAR. "These tools include a fish counting and classification
system based on size and environmental conditions, in addition to a radar
system for detecting bird and bat migration corridors that allows users to
track long-distance movement patterns and to measure these species' positions,
speed, direction and altitude with great accuracy," he added.
    Founded in 1989, Envirotel has a solid private and public-sector client
base, including a number of private hydro and wind power developers, as well
as Hydro-Quebec and several provincial and federal government departments and
Crown corporations.
    "GENIVAR has also acquired WSA, a firm with unique expertise in
trenchless technologies used to install, replace, test and stop leaks in water
and wastewater systems," said François Perreault, Vice-President, Western
Quebec, GENIVAR. "This technique will enable us to rebuild aging
infrastructure using less intrusive methods, thereby reducing the amount of
ground-level excavation and minimizing the impact on local residents. WSA's
expertise complements and strengthens our position in the municipal
infrastructure sector, which will remain very active over the next few years,"
said Mr. Perreault.
    Founded in 1997, WSA operates in several Canadian provinces and is ranked
among North America's top 50 firms using trenchless rehabilitation techniques
(Trenchless Technology magazine, December 2008). WSA has carried out projects
in several Canadian provinces; its clients include the City of Montreal, the
City of Ottawa, the City of Cornwall, the City of Calgary and the Halifax
Regional Water Commission.
    "By joining forces with GENIVAR, we will gain access to larger-scale
projects while promoting our services within GENIVAR's internal network. We
will also be able to meet the growing needs of our clients, who require a
comprehensive range of consulting engineering services," said Richard Brunet,
President of Envirotel, and Piero Salvo, President of WSA. "GENIVAR's dynamic
entrepreneurial culture meshes perfectly with our respective business
approaches, and our employees will be able to develop their skills while
enjoying enhanced career opportunities," they added.

    About GENIVAR

    GENIVAR is a leading Canadian engineering services firm providing private
and public-sector clients with a complete range of professional consulting
services throughout all project phases, including planning, design,
construction and maintenance. Ranging in size and scope, GENIVAR's clients
primarily operate in the building, industrial, power, municipal
infrastructure, transportation and environmental sectors. GENIVAR is one of
Canada's largest consulting engineering services firms by number of employees,
with more than 3,500 managers, professionals, technicians, technologists and
support staff in more than 80 offices in Canada and internationally
(www.genivar.com).




For further information:

For further information: Pierre Shoiry, President and CEO, GENIVAR
Income Fund, (514) 340-0046, ext. 5104; Marlene Casciaro, Director of
Communications, GENIVAR Income Fund, (514) 340-0046, ext. 5184; Richard
Brunet, Ph.D., President, Envirotel 3000 Inc., (819) 340-6124; Piero Salvo,
P.Eng., M.Eng., President, WSA Trenchless Consultants Inc., (888) 822-8119

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