Beacon Roofing Supply Announces Acquisition of Posi-Slope of Toronto, Canada

July 16, 2010

PEABODY, Mass., Jul 16, 2010 (BUSINESS WIRE) -- Beacon Roofing Supply, Inc. (Nasdaq: BECN) announced today that it has acquired Posi-Slope Enterprises, Inc. and its sister company Posi-Pentes, which specialize in the design and fabrication of tapered roof insulation systems. Posi-Slope has two locations, in the Provinces of Ontario and Quebec, and services customers throughout Canada.

Louis Zammit, who will remain President of Posi-Slope, stated "I am pleased for Posi-Slope and our employees to continue as part of the Beacon family. This will allow us to better serve our existing tapered insulation customers across Canada and expand our reach to Beacon's customers. We are excited about Posi-Slope's future at Beacon."

Paul Isabella, Beacon's President and Chief Operating Officer and Marc Allaire, President of Beacon Canada have emphasized how the Posi-Slope acquisition complements Beacon's existing tapered insulation business in Eastern Canada and stated, "We welcome Posi-Slope's tapered insulation team to the Beacon family. Acquiring Posi-Slope will establish Beacon as a tapered design leader throughout Canada, and allow us to expand our presence in the Province of Ontario and to better serve our existing commercial roofing customers."

About Beacon Roofing Supply Inc.: Beacon Roofing Supply, Inc. is a leading distributor of roofing materials and complementary building products operating 180 branches in 37 states in the United States and in three provinces in Eastern Canada. Website:

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Beacon Roofing Supply Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.


SOURCE: Beacon Roofing Supply, Inc.

Beacon Roofing Supply, Inc.
David Grace, CFO, 978-535-7668 x14

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