Press Release

Nuheat Named One of Canada's 50 Best Managed Companies

Vancouver, B.C. 24 February 2011

Vancouver, B.C., February 24, 2011 - For the sixth consecutive year, Nuheat Industries Ltd. has again received the prestigious distinction of being named one of Canada's 50 Best Managed Companies.

The winners of Canada's 50 Best Managed Companies undergo a rigorous independent evaluation measuring business acumen, financial stability and managerial expertise. Assessment and selection are conducted by Deloitte, CIBC and the Queens School of Business.

"We're extremely proud to receive this award for the sixth consecutive year," said John Rose, President and CEO of Nuheat. "As the country is emerging from the economic downturn, it is rewarding to be recognized for our record of stability and consistency."

Each year, hundreds of entrepreneurial organizations vie for placement on Canada's 50 Best Managed list, although only fifty new companies are awarded. Canada's 50 Best continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. "Nuheat is grateful to be recognized within a category consisting of only accomplished Canadian enterprises," said Rose. "Along with the entire Nuheat staff, I look forward to continued growth this coming year."


About Nuheat Industries

Based in Vancouver, Nuheat is the leading manufacturer and distributor of electric floor heating systems and freeze protection products for pipes, roof & gutters and slab de-icing. Nuheat products have been included in such celebrated projects as the Shangri-La Tower in Vancouver, the Hyatt Grand in Aspen, the Plaza Hotel in New York, Montreal's City Hall and will soon to be included in the Canuck Place Children's Hospice facility being built in Abbotsford, British Columbia.

For more information about Nuheat and Canada's 50 Best Managed Companies visit www.nuheat.com and www.canadas50best.com.


For additional information contact:

Christy Fabros
Public Relations Specialist
Nuheat Industries Ltd.
604.529.4391
christyf@nuheat.com

 
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