Substantial shareholders of ATS Automation Tooling Systems Inc. to vote for new slate of directors

    TORONTO and NEW YORK, Sept. 4 /CNW/ - Goodwood Inc. ("Goodwood") and
Mason Capital Management, LLC ("Mason Capital") announced today that they have
reached an agreement with respect to the voting of common shares of ATS
Automation Tooling Systems Inc. ("ATS") owned or controlled by each of them
and/or their respective affiliates. Pursuant to their agreement, each of
Goodwood and Mason Capital has agreed to vote and to cause each of their
respective affiliates (collectively, the "Shareholders") to vote for a new
slate of directors that Goodwood and Mason Capital will be jointly proposing
for election at ATS' forthcoming Annual Meeting of shareholders (the
"Meeting"). Goodwood and Mason Capital expect to make further information
regarding these matters available shortly. The agreement between Goodwood and
Mason Capital will expire upon the conclusion of the Meeting, which is
scheduled for September 13, 2007.
    Collectively, the Shareholders currently own or control an aggregate of
16,356,492 ATS common shares or approximately 21.25% of the currently
outstanding ATS common shares. As of August 7, 2007, being the record date for
the Meeting (which preceded the completion of ATS' recent rights offering),
the Shareholders owned or controlled an aggregate of 12,148,945 ATS common
shares or approximately 20.5% of the then outstanding ATS common shares
entitled to vote at the Meeting.
    On March 6, 2007, Goodwood filed an alternative monthly report pursuant
to National Instrument 62-103 ("NI 62-103") in respect of its ownership and
control of ATS common shares. Goodwood will be filing a further alternative
monthly report under NI 62-103 detailing, among other things, changes to its
ownership and control of ATS common shares as a result of ATS' recently
completed rights offering as well as the ownership and control of ATS common
shares by any joint actors.

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) or Neale X. Trangucci, Mason Capital Management, LLC, (212)
355-5200 x208 (telephone), (212) 644-4264 (facsimile)

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