Lauzon Enters Partnership Agreement

Papineauville, Quebec, Feb.5--Lauzon Industries has entered into a private Partnership Agreement with ATAG Asset Management, an independent European investment and asset management company. The partnership agreement involves the participation by ATAG in LAUZON, Distinctive Hardwood Flooring. President and CEO, David Lauzon, said, "the transaction concluded on January 24th provides the company with immediate access to significant funding capital allowing for prompt execution of yet more ambitious development projects. This strategic and timely move will reaffirm Lauzon's growing leadership and market presence in the hardwood flooring industry in North America and in other global markets".