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Press release from Marketwire

ATCO Provides Workforce Housing Solution at Husky Sunrise Energy Project

Contract establishes ATCO as single supplier of bundled lodging, camp catering and services

Tuesday, January 10, 2012

ATCO Provides Workforce Housing Solution at Husky Sunrise Energy Project09:00 EST Tuesday, January 10, 2012CALGARY, ALBERTA--(Marketwire - Jan. 10, 2012) - ATCO Structures & Logistics (ATCO) has been awarded a contract to build a 112-person permanent workforce housing lodge and provide camp catering and services for the Husky Sunrise Energy Project, northeast of Fort McMurray. The contract marks a first for ATCO Structures & Logistics as sole supplier - bundling accommodations, camp catering and other services. This complete-service concept will provide value-added benefits to customers and create aboriginal and local employment and business opportunities."Clients can now come to ATCO to receive the complete suite of services to build and operate remote accommodation facilities," said Harry Wilmot, President & Chief Operating Officer, ATCO Structures & Logistics. "Having one supplier provides our customers with improved cost benefits in the provision of comfortable workforce accommodations."The lodge will feature large private bedrooms with ensuite washrooms and a range of amenities including a games room and fitness centre. ATCO will also be providing modular site offices and other structures to support the delivery of services.The contract is the second awarded to ATCO at the Sunrise Energy Project. In May 2011, ATCO won a contract to provide common site services including fire protection, medical services, security, ground transportation, and gravel pit management. The project, 60 km northeast of Fort McMurray, is a joint venture between Husky Energy and BP PLC. The operation is expected to produce 60,000 barrels of oil per day (bpd) by 2014 using steam assisted gravity drainage technology. ATCO Structures & Logistics offers modular buildings, site services and industrial noise control solutions worldwide. With manufacturing facilities in North America, South America and Australia, and operations on five continents, the company has the expertise to deliver a rapid, turnkey solution anywhere it is needed. To learn more, visit www.atcosl.com. ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 8,000 employees and assets of approximately $12 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquids extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). More information can be found at www.atco.com.Forward-Looking Information: Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Corporation believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Corporation's expectations as of the date hereof, and is subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.FOR FURTHER INFORMATION PLEASE CONTACT: Harry WilmotATCO Structures & LogisticsPresident and Chief Operating Officer(403) 813-1951