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Press release from CNW Group

McVicar appoints new Chief Financial Officer and Director

Friday, April 26, 2013

McVicar appoints new Chief Financial Officer and Director

13:12 EDT Friday, April 26, 2013

Trading Symbol: MCV

TORONTO, April 26, 2013 /CNW/ - McVicar Industries Inc. (the "Company", "McVicar") announces the appointment, subject to regulatory approval, of Mr. Kevin Ming Zhang, C.G.A., as Chief Financial Officer ("CFO") of the Company replacing Mr. Colin Digout, C.A., acting CFO. Mr. Colin Digout will continue to serve the Company as a member of the Board of Directors.

About McVicar
McVicar Industries Inc., headquartered in Toronto, Canada, is focused on investments and acquisitions of businesses in China. At present, McVicar has operations in both electronic components and specialty chemicals in four operations in China.

This press release contains forward-looking statements which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: McVicar Industries Inc.

For further information:

Please contact Dr. Gang Chai, CEO, or Ms. eXavier Peterson, at: 55 University Avenue, Suite 605, Toronto, ON M5J 2H7 Tel: (416)366-7420 Fax (416)366-7421

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