Paragon Pharmacies Limited reported its financial results for the three and six-month periods ended February 29, 2008. Revenue was $21.590 million in the second quarter, an increase of 33.2% or $5.381 million over the same period last year. For the six-month period, revenue was $39.267 million in 2008, an increase of 22.2% or $7.145 million over 2007.

Commenting on the three and six month periods, Craig Cameron, President and CEO stated, “We are pleased with our sales and operating income growth this year resulting from the successful acquisitions in November, December and January. 2008 continues to be a very busy year for Paragon as we integrate our recent acquisitions in both the retail pharmacy and central fill pharmacy sectors and expand the reach of our Paragon Community Pharmacy brand into the Alberta and Manitoba markets.”

The Company is continuing to identify and review acquisition opportunities in their target markets and intends to continue to pursue its strategy of growing its operations through acquisitions while at the same time continuing its focus on the operation of its existing pharmacy operations.

Paragon is headquartered in Kelowna, and currently employs over 500 full and part time staff. The Corporation owns and operates 18.5 retail pharmacies, 3 central fill pharmacies, and 2 home healthcare stores in BC, Alberta, and Manitoba.

Craig Cameron and his crew have done some marvelous things since establishing the new company and moving into the crowded marketplace with a solid brand and the right approach to service and quality. It has been a good one for the Kelowna company.

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With less than two years remaining before new Transport Canada regulations for the transportation of dangerous fluids comes into effect, two of Canada’s most respected automotive parts and equipment suppliers are now offering Enviroslip Double Walled Fuel Tanks. These tanks, called Intermediate Bulk Containers or “slip tanks”, as they are more commonly known, are used for carrying dangerous goods such as diesel and gasoline in the boxes of trucks or on trailers.

Lordco has 90 stores throughout the province and is one of the most respected equipment suppliers in BC. “Partnering with Lordco will enable us to reach into every corner of the province”, says Greg Webb, president of Enviroslip, “and give us the opportunity to reach an even greater number of potential buyers”.

Recognized throughout the Prairies and Ontario, Fort Garry Industries specializes primarily in the trucking and heavy equipment industries. Headquartered in Winnipeg, Manitoba, FGI operates in most large urban areas from Alberta to Ontario. “Coupled with the other new members of our dealership team, Wagg’s Petroleum of North Bay, Ontario, and Kingland Freightliner in Hay River, NWT, we now have a dealership network that stretches from Vancouver Island to Ontario and Northern Canada. It is our intention to be Canada’s premier slip tank supplier before the new regulations become law”, promises Webb.

Enviroslip Double Walled Tanks is a wholly owned subsidiary of West Manufacturing located in Westbank.