TSX Symbol:  SQP                                  For Immediate Release

Strongco Completes Sale of Western Supplies Divisions

Mississauga, September 19, 2002:  Strongco Inc. today announced that it has completed the sale of its Alberta Supplies and B.C. Supplies divisions to Titan Supply, Inc., an Edmonton-based company owned and operated by former Strongco Supplies management and their financial partners, HSBC Capital (Canada) Inc.  The sale included all of the operating assets and liabilities of the two Strongco divisions as well as all facilities and personnel.

Regarding this transaction, Larry Pirnak, Chairman of Strongco, commented: “The completion of this sale represents an important step in furthering Strongco’s strategic objective of refocusing its business on its core equipment distribution activities throughout Canada.  We wish Titan well in their future endeavours.”

Strongco is one of Canada’s largest full-line equipment sales, rental and service companies.  Its shares are listed on the Toronto Stock Exchange and its website can be accessed at www.strongco.com.

For further information, contact: 

Randy Henderson
President
Ph.: 905-565-3802

e-mail: rhenderson@strongco.com