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September 16, 2006

Ivara Corporation Hosts First Reliability Leadership Summit

Industry Experts Provide Unique Perspective on Achieving Operational Excellence and Profitability Through Improved Asset Reliability

BURLINGTON, ONTARIO, - Ivara Corporation, an industry leader and innovator in asset reliability solutions, is hosting its inaugural Ivara Reliability Leadership Summit taking place from October 2nd to October 5th, 2006, in Niagara-on-the-Lake, Ontario. With the theme of “Reliability - The Journey to Operational Excellence,” the Summit is an unprecedented gathering of well-known industry experts that will focus on the importance of reliability as a business strategy to optimize operational and financial performance.

The Summit will offer informative sessions dedicated to advancing awareness and knowledge of the impact that improved reliability can have on an organization. A Reliability Experts Panel, as well as Industry and Solutions Table Discussions will allow attendees to network with maintenance and reliability leaders to discuss the issues and key trends facing asset intensive companies in today’s highly competitive economic environment.

Attendees will also have the opportunity to get a first-hand look at reliability in action with plant tours of two world leaders in reliability implementation, Dofasco and Cadbury-Adams.

“Reliability is the most effective business strategy that asset intensive organizations can use to keep their billions of dollars in assets operating at maximum efficiency and profitability,” said Gerry Bleau, CEO of Ivara Corporation. “As one of the world leaders in reliability solutions, Ivara is delighted to provide this outstanding forum dedicated to the processes, practices, tools and methodologies used to optimize asset reliability at optimal cost.”

As useful for a company just beginning the journey to operational excellence as it is for those already well down the path, the Ivara Reliability Leadership Summit has three primary conference tracks to help attendees concentrate on the areas of most interest to them: Strategy and Leadership, Processes and Practices, and Technology and Innovation. Just a few of the authorities sharing their expertise will be:

-- Terrence O’Hanlon (CMRP), publisher of Reliabilityweb.com, Uptime
Magazine and co-Publisher of Reliability(R) Magazine. O’Hanlon is a Certified
Maintenance & Reliability Professional and is the Director of Strategic
Alliances for the Society for Maintenance & Reliability Professionals (SMRP).

-- Andy Harshaw, Vice President of Manufacturing for Dofasco, one of
North America’s leading steel manufactures and leaders in reliability. Harshaw
joined Dofasco in 1978, serving in many leadership positions within the
company’s Research & Development, Commercial and Manufacturing Departments.
Currently Harshaw serves as Chairman of the Board of DJ Galvanizing
Corporation, which is a Joint Venture with JFE of Japan. He also is a Board
Member of DSG, which is a Joint Venture Galvanizing Facility with Arcelor of
Europe.

-- Ricky Smith, Reliability Strategy Leader, Ivara Corporation. Smith
has more than 30 years of experience working in over 400 plants world wide in
reliability, maintenance management and training. Smith holds designations as
a Certified Maintenance and Reliability Professional from the Society for
Maintenance and Reliability Professionals (SMRP) and as a Certified Plant
Maintenance Manager from the Association of Facilities Engineering (AFE).

Summit attendance is quickly reaching full capacity so those interested in registering are asked to call 877-746-3787, ext. 312 (toll free, North America only), or 905-632-8000, ext. 312 immediately.

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