Veridian Executive Recognized for Community and Business Leadership

    AJAX, ON, Oct. 30 /CNW/ -  Veridian's Chief Financial Officer has been
recognized for his professional and civic accomplishments by the Certified
Management Accountants of Ontario (CMA Ontario). During a weekend ceremony in
Toronto Mr. David Clark was appointed as a Fellow of The Society of Management
Accountants of Ontario (FCMA).
    Clark was nominated by his peers in the management accounting profession
for the prestigious designation. The FCMA designation honours CMA members
whose outstanding achievements make them role models for others in the
    "We are extremely proud of Dave and all of us at Veridian extend our
congratulations on this personal and professional achievement," said Michael
Angemeer, Veridian's President and CEO. "Dave has been instrumental to the
success and growth of Veridian and, at the same time, has been very active in
the affairs of his local community. He is a dedicated professional and an
outstanding citizen, and is very deserving of this recognition."
    Clark was influential in the merger of three local utility companies that
formed Veridian in 1999. Since that time he has served as the company's Chief
Financial Officer and has helped Veridian grow from about 60,000 to 108,000
customers through a series of mergers and acquisitions. He and his family live
in the Municipality of Clarington where he is Past President of the local
Board of Trade, and a volunteer with the Bowmanville Memorial Hospital
Foundation. Clark also serves as a governor on the Board of CMA Ontario.

    Veridian Connections Inc. safely and reliably delivers electricity to
more than 108,000 customers in the Cities of Pickering and Belleville, the
Towns of Ajax, Port Hope and Gravenhurst, and the communities of Uxbridge,
Bowmanville, Newcastle, Orono, Port Perry, Beaverton, Sunderland and
Cannington. Veridian Connections Inc. is a wholly owned subsidiary of Veridian
Corporation. The City of Pickering, the Town of Ajax, the Municipality of
Clarington and the City of Belleville jointly own Veridian Corporation.

    Veridian is proud to be a founding member of powerWISE(R), a brand
created to promote energy conservation and reduce the demand for electricity
in Ontario. powerWISE(R) is a joint initiative of the Ontario government and
six of Ontario's largest electricity distribution companies. For more
information, visit: and

For further information:

For further information: George Armstrong, Manager of Regulatory Affairs
and Key Projects, Veridian Connections Inc., (905) 427-9870, extension 2202

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