August 8, 2005

Hatch reports name change for Acres

MISSISSAUGA, ONT-In a corporate name change effective August 1, 2005, Acres Incorporated and most of its operating subsidiaries will be known as Hatch Acres. The new name reflects the fact that Acres is a wholly owned subsidiary of Hatch, with access to Hatch's management systems, engineering services, technologies and consulting services. Acres, which specializes in energy consulting, became a member of the Hatch Group in June 2004. In Canada and the U.S., the company will market its services and execute new projects under the name Hatch Acres. Wholly owned subsidiaries Acres Manitoba and SGE Acres will continue to serve the Manitoba and Atlantic Canada markets respectively. Overseas markets will continue to be served by Acres International. Hatch Acres provides consulting services, technologies and consulting to a wide range of sectors, inlcuding hydroelectric power generation; energy planning; oil and gas (through its subsidiary Hatch Optima); wind power generation; thermal and nuclear power generation; power transmission and distribution; water resources planning and management; and other alternative energy systems. Its services include feasibility studies, energy consulting, engineering design, process control design, project management, procurement, construction management, and business and technology consulting. Hatch Acres (www.hatchacres.com) will have more than 900 employees, with principal offices in Calgary, Niagara Falls and Oakville.

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