McVicar announces meeting results

Trading Symbol: MCV

TORONTO, May 27 /CNW/ - McVicar Industries Inc. ("McVicar" or the "Company") is pleased to announce the results of its annual and special meeting (the "Meeting") held on May 26, 2010. At the Meeting, the shareholders of the Company approved all resolutions proposed by management, including the election of directors, the stock option plan and the appointment of McGovern, Hurley, Cunningham, LLP as the Company's auditor. The new board of directors is formed by five members, Dr. Gang Chai (Chairman), Dr. James Misener, Mr. Anthony Naldrett, Mr. Henry Tse, and Mr. Alfred Wirth.

This press release contains forward-looking statements which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE McVicar Industries Inc.

For further information: For further information: Ms. eXavier Peterson or Dr. Gang Chai, Chairman, Tel: (416) 366-7420, Fax: (416) 366-7421

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McVicar Industries Inc.

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