05/21/2008

Clearford Announces Postponement of Annual General Meeting

Ottawa, Ontario – (May 21, 2008) - Clearford Industries Inc. (“Clearford”, TSX-V: CLI) today announced that they have requested and obtained a court order (the “Order”) to postpone their Annual General Meeting (AGM).

The purpose of the postponement is to have the AGM coincide with a special meeting of shareholders for the approval of a previously disclosed acquisition, whose material progress was announced in a press release on May 8, 2008. The AGM was originally set for June 18, 2008 and has been extended to a date to be fixed, but no later than November 30, 2008. The terms of this Order may be varied on the application of any interested shareholder of Clearford.

Forward-Looking Statements
Any forward looking statements made in this press release involve risks and uncertainties, and actual results could differ materially from those expressed or implied in such statements. However, we disclaim any intention and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. More detailed information of the matters described herein is included in the public documents Clearford files from time to time with Canadian securities regulatory authorities.



About Clearford Industries Inc.
Clearford Industries Inc. is comprised of two divisions: the Wastewater Systems Division and the Brooklin Concrete Division. The Wastewater Systems Division designs and implements the patented Small Bore Sewer™ (SBS™), a watertight small diameter wastewater collection system for developers, municipalities and First Nations communities who need to create, expand or upgrade their sewage systems. This solution provides servicing with superior operational and environmental performance at a significantly lower cost when compared to historic gravity sewers. With its first installation in 1989, the SBS™ has since had several installations within Canada and the U.S. The Brooklin Concrete Division has been in operation since 1952, with 4 locations in Ontario, including: Brooklin, Newmarket, Huntsville and Haliburton. A leading producer of septic tanks in Ontario, Brooklin manufactures precast concrete products ranging from interlocking pavers and patio slabs, to retaining walls and storage structures. For more information on Clearford Industries Inc., please visit www.clearford.com.

For more information contact:

Mr. Bruce Linton
President and CEO
Clearford Industries Inc.
Phone: (613) 599-6474 ext. 301
www.clearford.com

 
 
     

TOLL FREE 1-866-231-1104