Winalta Announces Changes to Executive Management

CALGARY, April 8, 2013 /CNW/ - Winalta Inc. ("Winalta" or the "Company") a leader in Wellsite rental equipment, today, announces changes to its executive management team:

• Austin Fraser has been promoted to President of Winalta. Mr. Fraser previously served as Senior Vice President of the Company
• Artie Kos, previously Winalta's President and Chief Executive Officer and Chairman of the Board of Directors, has taken on the role of Executive Chairman of the Board of Directors

Mr. Fraser, who holds Master Degree in Business Administration from Dalhousie University, joined Winalta in 2008, as Vice-President of Corporate Development and during restructuring efforts in 2009 was promoted to Vice President, responsible for overseeing operations, manufacturing and corporate restructuring. In September of 2010, with the successful restructuring of Winalta, Mr. Fraser was promoted to Senior Vice President.

"Austin played a significant role in Winalta's restructuring in 2009 and its subsequent growth as an oilfield rentals Company in following years. Focusing on growth, specifically in contract work for SAGD and multilateral pad drilling, Mr. Fraser with his keen understanding of the operations, marketing and finance of the Company, is ideally suited in his new role as President" comments Artie Kos, Executive Chairman.

Winalta Oilfield Rentals, specializes in innovative and high-quality modular buildings for the Western Canadian Oil and Gas Industry. Winalta's rental fleet is comprised of single-unit Wellsites, Integrated Wellsite Systems (IWS), Dedicated Geo Labs, and Drill Camps. The Company also provides complementary services which include installation, dismantling, and repair and maintenance of the modular structures in its fleet.

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.

Forward-looking information
 Certain information set forth in this press release, may constitute forward-looking statements. By their nature, forward-looking statements involve material assumptions and are subject to numerous risks and uncertainties, including with respect to market and economic conditions and their impact on the Company's business, some of which, are beyond the Company's control. Readers are cautioned not to place undue reliance on the forward-looking statements as the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and actual results, performance or outcomes could materially differ from those expressed or implied in such forward-looking statements and accordingly, no assurance can be given that any of the events anticipated by forward looking statements will transpire or occur, or if any of them do so, what benefit Winalta will derive therefrom. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.

SOURCE Winalta Inc.

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