JOC ARCHIVES

December 10, 2008

Genivar Income Fund acquires Pomeroy Consulting Engineers

Genivar Income Fund announced on December 12, 2008 that the company has acquired Pomeroy Consulting Engineers Ltd. of Vancouver, British Columbia.

“I am very pleased to welcome Pomeroy into Genivar’s team,” said Pierre Shoiry, Genivar’s President and CEO. “Pomeroy is one of BC’s longest established structural engineering firms and provides full structural engineering design and consulting services.

Pomeroy has a solid client base and is an important provider of engineering services to educational, healthcare and governmental clients throughout the province,” he added.

“We are very pleased to join forces with Geniva, in a move that gives us new momentum,” said John Wallace, President of Pomeroy. “This development puts us in a better position to offer additional services to our client base. We can expand our business opportunities and carry out larger and more complex projects thanks to Genivar’s size, capacity and vast pool of locally available multi-disciplinary skills.”

Pomeroy Consulting Engineers Ltd. was founded in Vancouver in 1965. The firm has 25 employees and provides comprehensive structural engineering services from concept to commissioning. The firm has extensive experience in seismic upgrades and structural design.

Pomeroy has completed many projects in the healthcare, education, institutional, municipal, commercial and recreational sectors. Pomeroy’s clientele includes school districts, health authorities, city and municipal governments, architects and private sector firms.

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