EnerCare Shareholders Re-Elect All of Management’s Director Nominees

TORONTO, ONTARIO–(Marketwire – April 30, 2012) – EnerCare Inc. ("EnerCare") (TSX:ECI) today announced the results from its Annual and Special Meeting of Shareholders.

The Board of Directors of EnerCare was pleased to receive the support of shareholders for the re-election of all of management's director nominees. At the same time, shareholders defeated a proposal from Octavian Advisors, LP ("Octavian") which, if approved, would have resulted in an expansion of the board to ten directors and the addition of four nominees of Octavian. A total of 34,906,002 common shares ("Shares") (representing approximately 61.54% of the issued and outstanding Shares) were represented in person or by proxy at the meeting. Shareholders defeated the Octavian proposal by a vote of 19,192,789 Shares (or approximately 54.98% of the votes cast) against the proposal and 15,713,213 Shares (or approximately 45.02% of the votes cast) for the proposal, a difference of 3,479,576 Shares.

Jim Pantelidis, Chair of EnerCare's Board of Directors, stated, "We are very pleased that our shareholders have expressed confidence in the management and Board of Directors of EnerCare and have re-elected management's full slate of nominees. We look forward to continuing to work diligently on behalf of all EnerCare shareholders to build shareholder value."

Said Pantelidis, "We will continue to seek to work constructively with Octavian and other shareholders, and we hope that they will remain engaged for the benefit of EnerCare and all its stakeholders."

EnerCare's existing eight Directors, namely Jim Pantelidis, Lisa de Wilde, John A. Macdonald, Jerry Patava, Roy J. Pearce, Michael Rousseau, Grace M. Palombo and William M. Wells, were re-elected at the meeting to hold office until the close of the next annual meeting of shareholders.

The Annual and Special Meeting of Shareholders of EnerCare was held on Monday, April 30, 2012, at TMX Broadcast Centre, The Exchange Tower, 130 King Street West, Toronto, Ontario.

About EnerCare Inc.

EnerCare owns a portfolio of approximately 1.2 million installed water heaters and other assets, rented primarily to residential customers in Ontario. EnerCare also owns EnerCare Connections Inc., a leading sub-metering company, with metering contracts for condominium and apartment suites in Ontar io, Alberta and elsewhere in Canada.

Additional information regarding EnerCare is available on SEDAR at www.sedar.com, on our investor website at www.enercareinc.com or on our rentals and sub-metering business website at www.enercare.ca.

Forward-looking Information

This news release contains certain forward-looking statements that involve various risks and uncertainties. The forward-looking information in this news release includes statements that reflect management's expectation regarding EnerCare's growth, results of operations, performance, business prospects and opportunities. Such forward-looking information reflects management's current beliefs and is based on information available to them and/or assumptions management believes are reasonable. Many factors could cause results to differ materially from the results discussed in the forward-looking information. Although the forward-looking information is based on what management believes to be reasonable assumptions, EnerCare cannot assure investors that actual results will be consistent with this forward-looking information. All forward-looking information in this news release is made as of the date hereof. Except as required by applicable securities laws, EnerCare does not intend and does not assume any obligations to update or revise the forward-looking information, whether as a result of new information, future events or otherwise. A thorough discussion in respect of the material risks relating to the business and structure of EnerCare can be found in its current Annual Information Form, which is available on SEDAR at www.sedar.com.


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John Ratchford