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RS Provides Update Regarding Listing Review Initiated by the Toronto Stock Exchange

^{Published on 2010-10-28 16:30:33 - Market Wire}
 

CALGARY, Oct. 28 /CNW/ - RS Technologies Inc. ("RS") (RS - TSX), a technology innovator and manufacturer of advanced composite products for infrastructure markets, announced today that, further to its news release dated September 28, 2010, it has been notified by the Toronto Stock Exchange ("TSX") that the Continued Listing Committee of the TSX has determined to defer its delisting decision in respect of common shares of RS until no later than January 10, 2011. A meeting of the Listings Committee of the TSX has been scheduled to be held on January 6, 2011 to consider whether to suspend trading in and delist the common shares of RS.

Shareholders will be kept advised of the status of RS's TSX listing as the delisting review advances.

About RS 

RS is an ISO 9001:2008 certified technology innovator that develops advanced composite material products for infrastructure markets. The composite products manufactured using the company's proprietary resins and processes are typically lighter, more durable and longer-lasting than competing products made from the traditional building blocks of wood, steel or concrete. RS's flagship product is its award-winning RStandard^® composite pole. The pole is used as transmission and distribution poles to carry electric grids and as communication structures for various uses including wireless networks and microwave communications systems.

For the latest on RS's developments, go to the company's website at [ www.grouprsi.com ].

"RStandard" is a registered trademark of RS.