Clarke Inc. announces appointment of Chief Operating Officer and Chief Financial Officer


    HALIFAX, April 12 /CNW/ - George Armoyan, President and CEO of
Clarke Inc. ("Clarke"), today announced two appointments to Clarke's executive
team: Robert Normandeau has been appointed to the new role of Chief Operating
Officer for Clarke Inc.'s non-freight transportation business, and Neil Morley
will become Clarke's Vice President and Chief Financial Officer.
    "Robert Normandeau and Neil Morley have each served Clarke for a number
of years, and bring a wealth of skills and experience to help us achieve our
goals to deliver profitable growth for our shareholders," said Mr. Armoyan.
"In their new roles, they will be well-positioned to help drive and support
our strategic and opportunistic investment strategy to build shareholder
    Robert Normandeau was Clarke's Vice President and General Counsel from
April 2005 to October 2006; since that time, he has continued to serve as
Clarke's Corporate Secretary and outside legal counsel. He holds an MBA and is
admitted to the practice of law in Ontario, Nova Scotia and the State of
New York. Mr. Normandeau played an instrumental role in Clarke's
transformation from a transportation services provider to the activist
catalyst investment company it is today. "Rob is an outstanding leader, and I
know that he will be successful in heading up our strong team of
professionals," said Mr. Armoyan. "With Rob taking on full responsibility for
Clarke's day-to-day operations as Chief Operating Officer for our non-freight
transportation business, I will be able to turn my complete attention to
strategic issues and our overall growth as a company." Mr. Normandeau's
appointment is effective May 14, 2007.
    Neil Morley, a Chartered Accountant with a degree in Commerce, joined
Clarke in May 2005 as the company's Controller, and was appointed Vice
President of Accounting in September 2006. Mr. Morley will assume the role of
Vice President and Chief Financial Officer on April 23, 2007 following the
April 20 departure of Janet Imeson, who has served as Clarke's Executive Vice
President and Chief Financial Officer since September 2004 and will be leaving
Clarke to pursue another opportunity. "Neil's contribution to Clarke's overall
corporate financial structure has been excellent, and he is an outstanding
candidate to take over the leadership of our Finance function," said
Mr. Armoyan.
    "At this time, I would like to acknowledge and thank Jan Imeson for her
service to Clarke, and wish her all the best," said Mr. Armoyan.

    About Clarke Inc.

    Clarke Inc. is the Halifax-based parent company of a number of
wholly-owned operating companies and divisions, and is an activist catalyst
investor with a diversified portfolio of strategic and opportunistic
investments. Clarke's operating companies are in the transportation services
business. From time to time, Clarke also participates in joint ventures when
they offer the opportunity to create shareholder value. Led by George Armoyan
and an entrepreneurial team of professionals focused on uncovering and
creating value, Clarke invests in undervalued businesses and participates
actively where necessary to enhance performance and increase returns. In 2006
alone, Clarke delivered a shareholder return on investment, including
dividends, of 33%. Clarke's securities trade on the Toronto Stock Exchange
(CKI, CKI.DB, CKI.DB.A); for more information about Clarke Inc., please visit
our website at
    %SEDAR: 00009934E

For further information:

For further information: George Armoyan, President & CEO, Clarke Inc.,
(905) 695-4988

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