press release 2008-3
FOR IMMEDIATE RELEASE
Toronto Stock Exchange
Symbol “TSX: CSA”
Appointment of Chief Operating Officer
Edmonton, Alberta, January 3, 2008 - COMMERCIAL SOLUTIONS INC. ("Commercial" or the "Company") (TSX:CSA) aa leading Canadian distributor of bearings, power transmission, oilfield, industrial, safety, survey and resource management equipment products and services, today announced that Mr. Eric Sauze has been appointed Chief Operating Officer effective immediately. This is a new position that will report to Jim Barker, Chairman, President and CEO of Commercial. The executive committee of Commercial will report to Mr. Sauze.
Mr. Sauze joined Commercial in 1998 as Chief Financial Officer, a role he will continue with until a successor is found. Prior to that, Mr. Sauze was Operations Manager for CFE Equipment Ltd., a company subsequently acquired by Commercial. Prior to CFE Equipment Ltd., Mr. Sauze obtained his Chartered Accountancy designation with the Vancouver office of KPMG LLP, where he spent five years providing assurance, taxation and business advisory services.
"The Board of Directors is confident that this new position will strengthen Commercial's divisional reporting composition," stated Jim Barker CEO of Commercial, "Eric Sauze has been and will continue to be a valuable member of our senior management team."
About Commercial
Headquartered in Edmonton, Alberta, Commercial is one of Canada's leading independent industrial distributors with 40 Services Centres and approximately 386 employees located across Canada. Commercial offers more than 160,000 items critical to maintenance repair and operations (MRO) and original equipment manufacturer (OEM) customers. The Company represents 450 leading manufacturers and serves over 11,000 customer accounts within a broad cross-section of industries, including oil and gas, forestry, food processing, chemical processing, mining and aggregate, utilities, agriculture and construction. Commercial trades under the symbol "CSA" on the Toronto Stock Exchange. For further information on the Company, please visit www.commercialsolutions.ca and for detailed financial information visit www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Commercial Solutions Inc.
Jim Barker
Chairman, President and CEO (780) 577-2220
jbarker@csinet.ca
or
Genoa Management Limited
Ali Mahdavi
(416) 962-3300
+1 (866) 430-6247
info@genoa.ca www.genoa.ca
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