EllisDon Becomes Platinum Member of Canada's 50 Best Managed Companies

    MISSISSAUGA, ON, Feb. 23 /CNW/ - EllisDon has achieved Platinum Club
member status with Canada's 50 Best Managed Companies program by retaining
their Best Managed designation for more than six consecutive years, according
to the 50 Best Managed Companies program for 2008. EllisDon joined other new
winners and Requalified and Platinum club members at the annual Best Managed
gala that was held in Toronto on February 9, 2009.
    Established in 1993, the Canada's 50 Best Managed Companies is a national
awards program, recognizing Canadian companies that have implemented
world-class business practices and created value in innovative ways.
Applications are reviewed by an independent judging panel that evaluates how
companies address various business challenges, including new technologies,
globalization, brand management, leadership, leveraging and developing core
competencies, designing information systems, and hiring the right talent to
facilitate growth.
    "We believe that there are three vital building blocks to sustainable
growth: strategy, capability, and commitment, EllisDon has demonstrated it is
a model of success in all three areas and is duly awarded one of Canada's Best
Managed." explained John Hughes, Partner, Private Company Services group with
Deloitte, a national sponsor of the Best Managed program.
    Adds Calvin Younger, Senior Vice-President, CIBC Commercial Banking:
"Canada's 50 Best Managed Companies are those operating at peak levels of
performance. We are delighted to celebrate the accomplishments of this year's
    Earlier this year, EllisDon was ranked as the Best Employer in Canada by
Hewitt Associates for The Globe & Mail's Report on Business Magazine survey.
This marked the company's eighth consecutive placement on this list, and its
second consecutive year on the top spot. Achievements such as these serve as a
testament to EllisDon's commitment to its employees, and to its unique
management philosophy.
    Geoff Smith, EllisDon's President and C.E.O., sums it up: "Try not to
tell people what to do or how to do it, they can usually figure this out for
themselves. Rather, focus instead on telling them why it needs to be done.
Once they get that, you usually can't hold them back. We can and will all lead
ourselves, and we will build a great company together."

    About EllisDon

    EllisDon is a leading employee-owned global company delivering
construction expertise, services and specialized support to clients throughout
the world. Completing in excess of $2 billion in new construction annually,
EllisDon employs approximately 1,100 people and has a presence in Canada and
the United States, as well as offices in the West Indies, the United Arab
Emirates and Greece. Incorporated in 1951, EllisDon has distinguished itself
through its people and its innovative practices. Offering not only general
contracting, construction management and project management but a growing
range of equity, IT and communication services, EllisDon is behind some of the
most exciting infrastructure, manufacturing and retail projects in the world.
For more information, please visit www.ellisdon.com.

    About Canada's Best Managed Companies

    Canada's 50 Best Managed Companies continues to be the mark of excellence
for Canadian-owned and managed companies with revenues over $10 million. Every
year since the launch of the program in 1993, hundreds of entrepreneurial
companies have competed for this designation in a rigorous and independent
process that evaluates their management skills and practices. The awards are
granted on three levels: 1) Best Managed winner (one of the 50 new winners
selected each year); 2) Requalified member (repeat winners retain the Best
Managed designation for two additional years, subject to annual operational
and financial review); 3) Platinum Club member (winners that maintain Best
Managed status for a minimum of six consecutive years.) Program sponsors are
Deloitte, CIBC Commercial Banking, National Post, and Queen's School of
Business. For further information, visit www.canadas50best.com.

For further information:

For further information: Rishma Mangat, EllisDon Corporation, Phone:
(905) 896-8900, Fax: (905) 896-8911, 89 Queensway Ave West, Suite 800,
Mississauga, Ontario, L5B 2V2, www.ellisdon.com

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