ISS recommends that ATS shareholders vote "for" new director slate proposed by Goodwood and Mason Capital

    TORONTO, and NEW YORK, Sept. 10 /CNW/ - Institutional Shareholder
Services ("ISS"), the proxy advisory firm formerly known in Canada as
Fairvest, has recommended that shareholders of ATS Automation Tooling Systems
Inc. ("ATS") vote for the new slate of directors being proposed by Goodwood
Inc. ("Goodwood") and Mason Capital Management, LLC (collectively, the
"Significant Shareholders") for election at the annual meeting of the
shareholders of ATS scheduled to be held on September 13, 2007.
    ISS is a provider of proxy voting and corporate governance solutions to
the institutional marketplace. The analysis and recommendations of ISS are
relied upon by over 1,700 of the world's leading institutional investors. The
Significant Shareholders understand that ISS engaged in discussions with
representatives of the existing board and senior management of ATS, as well as
with the Significant Shareholders, before recommending that ATS shareholders
vote for the new slate of directors being proposed by the Significant
    "We are delighted that our slate of directors and vision for the future
at ATS has received the independent endorsement of ISS", said Mr. Peter
Puccetti, the Chairman and Chief Investment Officer of Goodwood. "We are now
even more confident that our slate will prevail at the September 13, 2007
shareholders' meeting and we look forward to getting on with the creation of
shareholder value at ATS."
    ATS shareholders can vote for the directors being proposed by the
Significant Shareholders by using their YELLOW proxies. ATS shareholders are
encouraged to contact Kingsdale Shareholder Services Inc. (tel. no: 
416-867-2342 or 416-867-2315; collect calls accepted), which is assisting the
Significant Shareholders, with any questions or if they require assistance in
voting their YELLOW form of proxy.

For further information:

For further information: Peter H. Puccetti, CFA, Chairman and Chief
Investment Officer, Goodwood Inc., (416) 203-2722 (telephone), (416) 203-0734
(facsimile); Neale X. Trangucci, Mason Capital Management, LLC, (212) 355-5200
x208 (telephone), (212) 644-4264 (facsimile)

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