TORONTO, Oct. 12 /CNW/ - Jay S. Hennick, Chief Executive Officer of FirstService Corporation (Nasdaq: FSRV; TSX: FSV) today announced the appointment of D. Scott Patterson to the position of President and Chief Operating Officer. Mr. Patterson was formerly the Company's Executive Vice President. "I am extremely pleased to appoint Scott to the new role of President and Chief Operating Officer," said Mr. Hennick, "Scott has contributed significantly to our strong growth over the years and has proven himself as an important member of our senior management team. In his new role he will assume full operational responsibility for our five business platforms while my focus will shift to leading the overall growth of FirstService." Mr. Patterson, who assumes the role of President from Mr. Hennick, joined FirstService as Vice President, Corporate Development, in 1995; served as Chief Financial Officer from 1996 to 2002; and recently as Executive Vice President of the Company where he focused on business integration and other operational projects, including acquisitions. "I have enjoyed working side-by-side with Jay over the last 10 years managing and building FirstService into a leading player in the rapidly growing service sector," said Patterson. "I am intimately familiar with our operations and business leaders and am excited about the significant growth opportunities ahead, not only in North America, but now globally with operations in more than 20 countries around the world." Mr. Patterson is a Chartered Accountant by training and brings over 20 years experience in mergers and acquisitions, finance and operations to his new position. ABOUT FIRSTSERVICE FirstService is a leader in the rapidly growing service sector, providing services to commercial and residential customers in the areas of: residential property management; commercial real estate services; integrated security services; property improvement services; and business services. Market-leading brands include The Continental Group in residential property management services; Colliers International in commercial real estate; Intercon Security and Security Services & Technologies in security services; California Closets and Paul Davis Restoration in property improvement services; and Resolve Corporation in business services. FirstService is a diversified service company with more than US$1.1 billion in annualized revenues and approximately 16,000 employees worldwide. More information about FirstService (Nasdaq: FSRV; TSX: FSV.SV) is available at www.firstservice.com FORWARD-LOOKING STATEMENTS Certain statements included in this release and in the presentation to be made by the Company constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, which will, among other things, impact demand for the Company's services, service industry conditions and capacity; the ability of the Company to implement its business strategy, including the Company's ability to acquire suitable acquisition candidates on acceptable terms and successfully integrate newly acquired businesses with its existing businesses; changes in or the failure to comply with government regulations (especially safety and environmental laws and regulations); and other factors which are described in the Company's filings with the Securities and Exchange Commission.