Media advisory - Government of Canada delivers over $1 million in research and development tax credits to IPEX Inc.

    MONTREAL, June 29 /CNW Telbec/ - On June 30, 2009, the Honourable
Jean-Pierre Blackburn, Minister of National Revenue and Minister of State
(Agriculture and Agri-Food), will meet with Pierre Coulombe, Senior Operations
Manager of IPEX Inc. to personally deliver a cheque for more than $1 million
in tax credits for scientific research and experimental development (SR&ED).
    SR&ED investment tax credits support IPEX research and development of one
of the world's most diverse lines of integrated thermoplastic piping systems -
pipes, valves, fittings, auxiliary components and tools - all engineered from
the ground up to handle the full range of today's municipal, industrial,
commercial and residential applications.
    The SR&ED program is a federal tax incentive program, administered by the
Canada Revenue Agency, which encourages Canadian businesses of all sizes, and
in all sectors, to conduct research and development in Canada. The SR&ED
program gives claimants cash refunds and/or tax credits for their expenditures
on eligible work done in Canada.

              Date:       Tuesday, June 30, 2009

              Time:       10:30 a.m.

              Location:   IPEX Inc.
                          3 Place du Commerce, Suite 101
                          Cafeteria - 1st floor
                          Ile-des-Soeurs, Verdun, Quebec

For further information:

For further information: Noel Carisse, Media Relations, Canada Revenue
Agency, (613) 952-9184; Martin Paquet, Policy Advisor, Office of the Minister
of National Revenue, (613) 995-2960

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