Enercare Announces the Appointment of Geoff Lowe as Chief Financial Officer

TORONTO, May 8, 2018 /CNW/ – Enercare Inc. (TSX:ECI) and Enercare Solutions Inc. (collectively, "Enercare") today announced the appointment of Geoff Lowe as Chief Financial Officer, effective June 4, 2018. Mr. Lowe will succeed Brian Schmitt, who is Enercare’s Chief Financial Officer on an interim basis.

Enercare Announces the Appointment of Geoff Lowe as Chief Financial Officer (CNW Group/Enercare Inc.)

Mr. Lowe has more than 18 years of experience in finance. He started his career in public accounting at Ernst and Young and progressed through various finance leadership roles at Rogers Communications, Brookfield Asset Management and most recently Dentalcorp, where he has been the Chief Financial Officer. Mr. Lowe is a Chartered Professional Accountant (CPA, CA), holds a Bachelor of Commerce (Honours) degree from the University of British Columbia and has completed the Program for Leadership Development at the Harvard Business School.

Mr. Schmitt will remain as Chief Financial Officer until Mr. Lowe’s appointment and will support his transition and remain with the organization. Senior management along with the board would like to thank Mr. Schmitt, who has done an exceptional job in his interim assignment.

About Enercare Inc.

Enercare is headquartered inMarkham, Ontario, Canadaand is publicly traded on the Toronto Stock Exchange (TSX: ECI). As one ofNorth America’slargest home and commercial services and energy solutions companies with approximately 4,700 employees under its Enercare and Service Experts brands, Enercare is a leading provider of water heaters, water treatment, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans and related services. With operations inCanadaandthe United States, Enercare serves approximately 1.6 million customers annually. Enercare is also the largest non-utility sub-meter provider, with electricity, water, thermal and gas metering contracts for condominium and apartment suites inCanadaand through its Triacta brand, a premier designer and manufacturer of advanced sub-meters and sub-metering solutions.

For more information on Enercare visit enercare.ca. Additional information regarding Enercare is available through our investor relations website atcorporate.enercare.caor on SEDAR atwww.sedar.com.

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Enercare Inc. (CNW Group/Enercare Inc.)

SOURCE Enercare Inc.

For further information: Sophia Bisoukis, Vice President, Investor Relations, 905.943.6437, [email protected]