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Armtec Selected to Supply $70 Million of Soundwalls in Central Ontario

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Armtec Limited
975 Hwy 7 E
Peterborough, ON, K9J6X7

Press release date: July 23, 2014

CONCORD, ON - Armtec Infrastructure Inc. ("Armtec" or the "Company") (TSX: ARF; ARF.DB) today announced that it has been selected to supply and install approximately $70 million of Soundwall barriers and fencing for a rail infrastructure project in central Ontario.

"This is a significant success for Armtec and is the result of several years of tremendous work with various project stakeholders," said Mark Anderson, President & CEO of Armtec. "The benefits of our Precast Concrete Solutions were instrumental in being selected for this project, as these Soundwalls will incorporate unique design elements to deliver the proven noise attenuation, appealing architecture, and durability that Armtec is known for."

While the project is anticipated to commence in 2014, it is not expected to contribute significant revenue and earnings until 2015.  This project remains subject to negotiations and execution of definitive agreements between various parties.  The Company anticipates finalizing the necessary terms, conditions and documentation in the coming weeks.

About Armtec Infrastructure Inc.

Armtec is a manufacturer and marketer of a comprehensive range of infrastructure products and engineered construction solutions for customers in a diverse cross-section of industries that are located in every region of Canada, as well as in selected markets globally.  These markets include Canada's national and regional public infrastructure markets and private sector markets in agricultural drainage, commercial building, residential construction and natural resources.  Armtec operates through a network of offices and production facilities across the country.  Armtec operates in two business units: Drainage Solutions manufactures and markets corrugated high-density polyethylene pipe, corrugated steel pipe and other drainage related products including small bridge structures.  Precast Concrete Solutions manufactures and markets highly engineered precast systems such as parking garages, bridges, sport venues and building envelopes as well as standard precast products such as steps, paving stones and utility vaults.

Armtec Infrastructure Inc.

Armtec Infrastructure Inc.
3300 Hwy 7 W, Suite 500 Concord, ON L4K 4M3

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