Toromont to Announce 2010 Annual Results on February 24

TORONTO, ONTARIO--(Marketwire - Feb. 17, 2011) - Toromont Industries Ltd. (TSX:TIH) will release its 2010 annual financial results on Thursday, February 24, 2011. The analysis of annual results will also include a focus on performance in the fourth quarter.

Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio Webcast on Thursday, February 24, 2011 at 5:00 p.m. (Eastern) to discuss the financial results and operating highlights. The conference will begin with a brief address by Paul R. Jewer, Vice President Finance and Chief Financial Officer and Mr. Robert M. Ogilvie, Chairman and Chief Executive Officer of Toromont Industries Ltd., followed by a question and answer period for investment analysts.

To participate, please call 1-877-240-9772 or 416-340-8530 (Toronto area), 10 minutes prior to the start of the call. No passcode is required. A live audio webcast of the teleconference will also be available on Toromont's Web site at www.toromont.com. A replay of the teleconference will be available after the conclusion of the call until midnight, March 10, 2011. Please call 1-800-408-3053 or 905-694-9451 (Toronto area) and enter passcode 7782377. 

Toromont Industries Ltd. operates through two business segments: The Equipment Group and the Compression Group. The Equipment Group includes one of the world's largest Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. The Compression Group is a North American leader specializing in the design, engineering, fabrication, and installation of compression systems for natural gas, coal bed methane, fuel gas and carbon dioxide in addition to process systems and industrial and recreational refrigeration systems. Both Groups offer comprehensive product support capabilities. This press release and more information about Toromont Industries can be found on the Web at www.toromont.com.