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CML HealthCare Inc. (CLC)
Exchange: Toronto Stock Exchange
$ 7.420
Jun 20, 2013, 1:22 AM EDT
Change: 0.08 (1.09%)
Volume: 97,419

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CML Healthcare Appoints New Chief Financial Officer

Toronto Stock Exchange Symbol: CLC.UN

MISSISSAUGA, ON, Dec. 12 /CNW/ - CML Healthcare Inc. and CML Healthcare
Income Fund (the "Fund"), (TSX: CLC.UN), today announced the appointment of
Tom Weber, B.Comm, CA, as Chief Financial Officer effective January 3, 2006.
Mr. Weber will be responsible for all finance and administration functions and
will oversee the Fund's disclosure practices.
"Tom is a seasoned business leader who brings to CML a wealth of
experience in financial management and reporting. His proven ability to
identify cost efficiency opportunities will be invaluable to CML," said Paul
Bristow, President and COO of CML Healthcare. "We look forward to Tom's future
contributions as a key member of our senior management team."
Most recently, Mr. Weber served as Chief Financial Officer at St. Joseph
Communications, one of Canada's largest print and publishing companies, where
he was responsible for raising capital, financial reporting, corporate
procurement, mergers and acquisitions, and risk management. While at
St. Joseph, Mr. Weber directed strategic reviews to increase efficiency of
business units, managed a thorough review of the company's internal controls
and financial processes, and spearheaded a number of acquisitions.
Prior to joining St. Joseph, Mr. Weber served as Vice President, Finance
and Secretary, at Livingston Group Inc. after five years as a tax manager at
Price Waterhouse. Mr. Weber is a Chartered Accountant and holds an Honours
Bachelor of Commerce from McMaster University in Hamilton, Ontario.

About CML Healthcare Income Fund
CML Healthcare Income Fund is an unincorporated open-ended trust that
owns CML Healthcare Inc., one of Canada's largest healthcare services
businesses. CML is a leading provider of laboratory testing services in
Ontario and the largest private provider of medical imaging services in
Canada. CML Healthcare Income Fund is publicly traded on the Toronto Stock
Exchange under the symbol "CLC.UN" and has approximately 86.6 million units
outstanding (assuming the exchange for units of all of the outstanding
exchangeable shares of CML Healthcare Inc., excluding those held by the Fund
or its affiliates). To reach CML Healthcare Income Fund via the worldwide web
log on to www.cmlhealthcare.com.

Caution concerning forward-looking statements
---------------------------------------------
Statements made in this news release, other than those concerning
historical financial information, should be considered forward-looking and
subject to various risks and uncertainties. Such forward-looking statements
are based on management's beliefs and assumptions regarding the information
currently available. The Company's actual results could differ materially from
those expressed in the forward-looking statements. Factors that could cause
results to vary include, among other things, those expressed in the Company's
filings with Canadian securities regulatory authorities. All information
presented herein should be read in conjunction with such filings.
%SEDAR: 00020333E

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