Husky names George Halatsis Chief Financial Officer

    BOLTON, ON, Jan. 8 /CNW/ - Husky Injection Molding Systems today
announced the appointment of George Halatsis to the position of Vice
President, Finance and Chief Financial Officer. Mr. Halatsis will be
responsible for the global finance organization and will join Husky's
executive team. Mr. Halatsis replaces Daniel Gagnon, who has decided to pursue
opportunities outside the organization.
    "George brings a record of strong financial leadership at multi-billion
dollar organizations and has successfully worked with leadership teams under a
number of ownership structures, including private equity," said John Galt,
Husky's President and CEO. "I am pleased to have George join our team and am
confident that his past experience will serve us well as we continue building
our business by delivering value to customers."
    "I am excited to be joining a company with such a strong, global
reputation and solid growth prospects," said George Halatsis. "I look forward
to working with this talented team as we build Husky for the future."
    Mr. Halatsis has over 30 years of financial and industry experience.
Prior to joining Husky, he was Executive Vice President and CFO at Shoppers
Drug Mart Corporation, one of Canada's largest retailers. He also served as
CFO at Inco and Canadian Pacific Railway. Mr. Halatsis began his career at
Imperial Oil, a division of ExxonMobil, where he held positions of increasing
responsibility in many international locations. He holds a Bachelor of Arts
(honors) degree and a Master of Business Administration degree from McGill
University in Montréal, Québec.

    About Husky

    Husky Injection Molding Systems Ltd. ( is a leading global
supplier of injection molding equipment and services to the plastics industry.
The company has more than 40 service and sales offices, supporting customers
in over 100 countries. Husky's manufacturing facilities are located in Canada,
the United States, Luxembourg and China.

    %SEDAR: 00011000E

For further information:

For further information: Alexandra Walsh, Husky Injection Molding
Systems, (905) 951-5000, ext. 3653,

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