FOR IMMEDIATE RELEASE

CAPREIT awards ASI Water with five (5) year Operations contract

St. Catharines, ON – ASI Water (ASI), a division of ASI Group Ltd. which offers water and wastewater engineering and operations services for the Commercial, Industrial and Municipal sector in Ontario, has been awarded a five (5) year Operations contract with CAPREIT, one of Canada’s largest residential landlords.

CAPREIT is a growth-oriented investment trust owning interests in 48,609 residential units, comprised of 42,166 residential suites and 31 manufactured home communities comprising 6,443 land lease sites located in and near major urban centres across Canada and Dublin, Ireland.

ASI will now be responsible for Operations, Maintenance and Management (OMM) services for nine (9) of CAPREIT’s Manufactured Home Communities; Golden Horseshoe Estates, Silver Creek Estates, Fergushill Estates, Green Haven Estates, Grand Cove, Parkside Estates, Wilmot Creek, Bayview Estates and Sunny Creek Estates. Responsibilities include providing experienced and licensed operators, 24/7 on-call response, sampling, equipment maintenance, regulatory reporting for CAPREIT’s multiple water and wastewater systems.

“We are looking forward to providing CAPREIT and their residences with peace-of-mind when it comes to water and wastewater affairs” shared Andrew Vitaterna, Group Manager, ASI Water. “Our clients trust us to take care of their water and wastewater needs which allows them to focus on other areas of their business.”

About ASI Group Ltd. (ASI)

Since 1987, ASI has grown to employ over 120 engineers, technicians, and industry professionals, with offices in Canada including St. Catharines, Ontario; Sarnia, Ontario; Vancouver, British Columbia; Montréal, Québec; United States; and in South America. As a hands-on business with customer focus, ASI has prospered by surpassing expectations in the aquatic engineering and underwater service industries.

Under the banner of ASI Group Ltd., ASI operates two divisions: ASI Marine, providing solutions for underwater infrastructure; and ASI Water, responsible for the efficient operations, maintenance and management (OMM) of a diverse range of industrial and privately-owned water/wastewater facilities. ASI is registered to ISO 9001:2008.

For more information, contact:
Merry Dang
Marketing Manager, ASI Group Ltd.
mdang@asi-group.com

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