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Atlas Engineered Products Announces Appointment of Chief Financial Officer

VANCOUVER, B.C., April 16, 2018 (GLOBE NEWSWIRE) -- ATLAS ENGINEERED PRODUCTS LTD. (the “Company”) (TSX-V:AEP), a leading supplier of trusses and engineered wood products, is pleased to announce the appointment of M. William (Bill) Woods as Chief Financial Officer (CFO).

Mr. Woods is a seasoned executive with management and executive experience in North American mining, manufacturing, biotech, telecommunications, transportation, and service industries. He has over 20 years of experience in senior and executive roles with established companies, as well as with various start-up and expansion scenarios.  He has extensive IFRS, US GAPP and TSX and TSX Venture regulatory experience.  He previously held the positions of CFO and COO of Athabasca Minerals, CFO of Cardio-Metabolics, CFO of Liberty Mines, and served as VP Finance for companies in the transportation, manufacturing, and business brokerage fields.  His experience is diverse in both private and public company contexts. He has held a Chartered Professional Accountant (CPA, CMA) designation since 1986, and completed the Canadian Securities course in 1985.

Guy Champagne, President of Atlas, commented, “We are very pleased to welcome Bill to the Atlas leadership team. His experience will be invaluable to us as we pursue our growth strategy and integrate the finances, operations and systems of the diverse acquisitions we complete.”

About Atlas Engineered Products Ltd.

Atlas Engineered Products is one of British Columbia’s leading suppliers of trusses and engineered wood products. The Company was formed over 18 years ago and operates manufacturing and distribution facilities in British Columbia, Ontario and Alberta to meet the needs of residential and commercial builders. Atlas has expert design and engineering teams, multiple-shift state-of-the-art truss manufacturing operations, and large inventories of engineered beam and flooring components. The Company aims to grow its base of business across Canada by pursuing an aggressive acquisition and consolidation strategy. The Company will bring its construction industry partners across Canada unparalleled excellence in service, product, and support.

For further information please contact:
Atlas Engineered Products Ltd.
Guy Champagne, President
Phone: 1-250-754-1400
Email: info@atlasep.ca
2005 Boxwood Rd.
Nanaimo, BC V9S 5X9
www.atlasengineeredproducts.com

For investor relations please contact:
Rob Gamley
Phone: 1-604-689-7422
Email: rob@contactfinancial.com
Contact Financial Corp.
810 – 609 Granville St.
Vancouver, BC V7Y 1G5

Forward Looking Information
Information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control.  Such factors include, among other things: risks and uncertainties relating to the Company including those to be described in the Filing Statement filed by the Company on www.sedar.com.  Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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