GLV's Pulp and Paper Group Obtains Several Large-Scale Contracts Worth Close to $19 M in the Last Few Weeks

    MONTREAL, Sept. 20 /CNW Telbec/ - (Note: All amounts are in Canadian
dollars unless otherwise indicated.) Management of GLV Inc. ("GLV" "the
Company"; ticker symbols LVG.A and LVG.B) is pleased to announce that since
the official start of GLV's operations on August 10, 2007, its Pulp and Paper
Group has been awarded several large-scale contracts totalling close to $19 M
on international markets, in addition to numerous smaller contracts, including
in the aftermarket. Through its new technology centre in Karlstad (Sweden),
the Pulp and Paper Group notably won a contract worth more than $7 M to
design, manufacture and deliver, by the fall of 2008 two Compact Press(TM)
wash press systems, along with installation, start-up and employee training
services. This contract is part of a project to upgrade Portucel's pulp mill
located in Setzbal, Portugal, in order to reduce its chemical consumption and
improve pulp quality. The Pulp and Paper Group has also been awarded a mandate
to rebuild and modernize, at a cost of almost $3 M, some of the existing
equipment of a pulp and paper producer in the United States. This work will be
completed in September 2008. In addition, by January 2008, the group will
deliver various new equipment to a Chinese producer, including a BTF(TM)
automatic dilution system for headboxes. The other contracts involve the
delivery of pulp screening and cleaning systems for mills located in China,
India, Russia and Sweden.
    "We are pleased with these new contracts that attest to our Pulp and
Paper Group's growing international presence and stronger technology offering
thanks, in particular, to the acquisition of high-performance technologies,
such as Compact Press(TM) and BTF(TM), which meet the needs of the global pulp
and paper industry for increased plant capacity and efficiency and lower
costs," said Richard Verreault, President and Chief Operating Officer of GLV.
"Besides achieving large-scale contracts, we continue to broaden our revenue
base and our share of the aftermarket, which remains one of the major drivers
of our Pulp and Paper Group's strategy."

    About GLV Inc.

    GLV Inc. was founded on May 15, 2007 to carry on the activities of the
Water Treatment Group and the Pulp and Paper Group formerly conducted by
Groupe Laperrière & Verreault Inc. The Water Treatment Group specializes in
the design and marketing of solutions for the treatment of municipal and
industrial wastewater and water used in various industrial processes, and also
offers water intake screening solutions for power stations and desalination
plants. The Pulp and Paper Group specializes in the design and marketing of
equipment used in various stages of pulp and paper production, notably
chemical pulping, pulp preparation and sheet formation, and is a recognized
leader in rebuilding, upgrading and optimization services for existing
equipment, as well as the sale of replacement parts. GLV is present in some
30 countries and has approximately 1,500 employees.

For further information:

For further information: Marc Barbeau, CA, Executive Vice-President and
Chief Financial Officer, (514) 284-2224,

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GLV Inc.

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