Savaria: 2011 Annual Shareholders Meeting

2011-05-16

Laval, QC, May 16, 2011 – The Canadian leader Savaria Corporation (TSX: SIS), second largest accessibility company in North America, reminds you that it will hold its annual shareholder’s meeting on Wednesday, May 18th, at 10:00 AM, at the Hotel Le Crystal in Montreal.

 

Date : Wednesday, May 18th, at 10:00 AM

Place : Hotel Le Crystal, Crescent Room, 1100, de la Montagne street, Montreal

 

In addition to the usual resolutions, a review of Savaria’s 2010 highlights will be presented. The Notice of Annual Meeting, the Management Information Circular and the 2010 Financial Statements and related Management Discussion and Analysis are available on the following websites: www.savaria.com and www.sedar.com.

 

Savaria Corporation (savaria.com) is Canada’s leader and the second largest North American company in the accessibility industry focused on meeting the needs of people with mobility challenges. Savaria designs, manufactures and distributes primarily elevators for residential and commercial use, as well as stairlifts and vertical and inclined platform lifts. In addition, it converts and adapts wheelchair accessible automotive vehicles and also offers scooters and motorized wheelchairs. The diversity of its product line, one of the world’s most comprehensive, enables the Corporation to stand out by proposing an integrated and customized solution for its customers’ mobility needs. Its operations in China have substantially grown since 2006 and the collaboration with Savaria’s other Canadian facilities increases its competitive edge on the market. The Corporation records slightly over 50% of its sales outside Canada, primarily in the United States. It has a sales network of some 600 retailers in North America and employs 420 people at its head office in Laval and at its plants in Ville Saint-Laurent (Quebec), Brampton, and London (Ontario), Calgary (Alberta) and Huizhou (China).

 

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For more information, please contact:

Helene Bernier, CA

Vice-President, Finance

helene.bernier@savaria.com

1-800-931-5655, ext. 248

www.savaria.com

 

Marcel Bourassa

Chairman of the Board, President and

Chief Executive Officer

1-800-661-5112

IMPORTANT: Safety notice for current owners of Savaria residential elevators