Canadian Tire Petroleum Selects Gilbarco Veeder-Root and John Reid & Sons as Sole Source Supplier

Five-year dispenser contract based on reliability and service support capabilities.

GREENSBORO, NC USA - April 4, 2005 - Canadian Tire Petroleum Ltd. announced that Gilbarco Veeder-Root has been selected as the preferred brand of fuel dispensers and that John Reid and Son has been selected as their Gilbarco Veeder-Root local supplier. The selection was based on criteria that included innovation, reliability, service support capabilities, nationwide service network, ease of integration, and POS connectivity.

Canadian Tire Petroleum will use Gilbarco Veeder-Root Encore dispensers exclusively at new installations. The company already uses Veeder-Root's Red Jacket brand of submersible pumps.

Canadian Tire Petroleum is Canada's largest volume independent gasoline retailer. In business since 1958, the company operates a network of 252 Gas Bars. Canadian Tire Petroleum is known for providing outstanding customer value through innovative reward programs, such as the Canadian Tire Multiplier and Discount Product Coupons and, Canadian Tire 'Money' On The Card.

"John Reid & Son is one of our strongest distributors," said Steve Henry, vice president of sales for Gilbarco Veeder-Root. "They do an outstanding job us. We believe their industry expertise and customer service focus combined with our industry leading innovation are a winning combination that has been recognized by Canadian Tire Petroleum."

About John Reid and Sons
Founded in 1949, John Reid & Son is a leading organization in the petroleum retail sector offering sales and service solutions. John Reid & Son (JRS) specializes as a leader in supplying petroleum equipment, quality management processes, and enterprise solutions. JRS' national service offering is fully complimented with fully trained, skilled, and knowledgeable technicians that are experienced in the retail petroleum industry servicing petroleum equipment and offerings, environment tank gauging, point of sale systems, and facility management and upkeep.

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