MagIndustries Corp. (""MagIndustries"" or the ""Company"") (TSX:MAA) is pleased to announce that Geoff Woo, CGA has been appointed Chief Financial Officer of the Company, effective immediately. Mr. Woo has served MagIndustries for the past 11 months as Financial Controller. He is a finance professional with over fifteen years of corporate finance experience gained in both private and public companies.<br /><br />About MagIndustries Corp.<br /><br />MagIndustries is a Canadian company whose common shares are listed on the TSX and trade in Canadian currency under the symbol ""MAA"". The Company has 755,942,674 common shares outstanding. MagIndustries is focused on the development of its potash assets in the ROC. More information on the Company is available on its website, www.magindustries.com<br /><br />Cusip: 55917T 102<br /><br />-30- FOR FURTHER INFORMATION PLEASE CONTACT:<br /><br />MagIndustries Corp. Mr. Rich Morrow Director, Investor Relations and Corporate Development 416-368-7911 rmorrow@magindustries.com<br /><br />INDUSTRY: Manufacturing and Production - Mining and Metals<br /><br />SUBJECT: COF