ATCO Recognized With 2012 Modular Building Institute's Award of Distinction

CALGARY, ALBERTA--(Marketwire -04/16/12)- Editors Note: There is a photo associated with this Press Release.

ATCO Structures & Logistics has won an Award of Distinction from the Modular Building Institute (MBI) for the Home Federal Bank in Bossier City, La. The project, completed for National Modular Bank Buildings (NMBB) included the manufacturing, transportation and installation of ATCO's modular units in just 21 days. This is the second time ATCO and NMBB have won an Award of Distinction for bank projects.

"The bank structure was a very specialized and unique project that required significant communication with our customer," said Craig Alloway, Senior Director - Sales, North America, ATCO Structures & Logistics. "This project is an example of our ability to deliver highly specialized and visually appealing solutions for our clients."

The modern bank design has several distinct features including the installation of an eight-foot fixed bullet resistant window, a drive-through feature including a night depository and commercial deal drawer, as well as architectural elements designed to provide natural light and make the modular building aesthetically pleasing to welcome clients.

The MBI Awards of Distinction are judged on several criteria: architectural excellence, technical innovation, energy efficiency, cost and calendar days to complete. An impartial panel of industry and non-industry construction and code experts, architects and engineers, and marketing professionals reviews each entry.

ATCO Structures & Logistics is committed to operational excellence, healthy and safe work environments and the communities where we work and live. The company offers modular buildings, site services and industrial noise control solutions worldwide. With manufacturing facilities in North America, South America and Australia, and operations on five continents, the company has the expertise to deliver a rapid, turnkey solution anywhere it is needed. To learn more, visit http://www.atcosl.com.

ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 8,800 employees and assets of approximately $12 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in structures & logistics (manufacturing, logistics and noise abatement), utilities (pipelines, natural gas and electricity transmission and distribution), energy (power generation, natural gas gathering, processing, storage and liquids extraction) and technologies (business systems solutions). More information can be found at http://www.atco.com.

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "plan", "expect", "may", "will", "intend", "should", and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes that the expectations reflected in the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.

The Corporation's actual results could differ materially from those anticipated in these forward-looking statements as a result of regulatory decisions, competitive factors in the industries in which the Corporation operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Corporation.

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ATCO Recognized With 2012 Modular Building Institute's Award of Distinction