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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII)

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To: Mario Gallant who wrote (306)9/10/1999 11:35:00 AM
From: JOE TURMAINE  Read Replies (1) of 406
 
Mario, this should be worth a buck a share!!
>>Trailmobile Canada Appoints New President

Mississauga, Ontario-- The Board of Directors of Trailmobile Canada Limited today announced that Mark Burgess, Executive Vice President and Chief Financial Officer of Trailmobile Corporation, and a Director of Trailmobile Canada, has been appointed President of the Company effective October 1, 1999. Former President Pat DiLillo has tendered his resignation to the Board and intends to pursue other interests. Mr. DiLillo will remain on the Company's Board of Directors.
"As a member of the Board of Directors, I remain committed to the
continued development of Trailmobile Canada," said Mr. DiLillo. "I look forward to leading Trailmobile Canada as we build on its strengthened market position," said Mark Burgess. "And I am pleased that Pat DiLillo will maintain an active role on the Company's Board as we move forward."

Mr. Burgess has been with Trailmobile Corporation as Executive Vice President and Chief Financial Officer since 1991. Prior to joining Trailmobile Corporation, he was Vice President, Mergers & Acquisitions at Chase Manhattan Bank. He holds an MBA from Duke University.

About Trailmobile Canada Limited
--------------------------------

Trailmobile Canada Limited (formerly Mond Industries Inc.) manufactures dry freight trailers for commercial trucking customers in Canada and the United States. In December 1998, Chicago-based Trailmobile Corporation acquired a majority equity interest in the Company. Together, they form North America's third largest trailer manufacturer, with an extensive sales and distribution network throughout North America. Trailmobile Canada
Limited is headquartered in Mississauga, Ontario.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Craig Armitage or Bruce Wigle
The Barnes Organization Inc.
(416) 367-5000 <<

JOE
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