Vista's employee-owned business model attractive option for top-tier talent

Calgary-based engineering firm achieves sustainable growth by recognizing key performers with ownership opportunities.

CALGARY, April 26, 2012 /CNW/ - Vista Projects Limited (Vista), a privately-owned, multi-disciplined technical engineering firm, announced today the addition of two new shareholders to its ownership team, bringing the total number of shareholders to 27. In the last twelve months, Vista has recognized the exceptional work of nine key personnel by welcoming them to its growing group of shareholders.

The most recent leaders to join Vista's ownership team are Process Engineering Manager, Andrew Moussallem, P. Eng., and Project Controls Lead, Steve Thomson, B.Sc.

"We are very pleased to have Andrew and Steve join our ownership team," said Alex Campbell, Founder and Principal of Vista. "Our ownership structure builds accountability throughout the organization and enables our clients to interact directly with Vista's owners at a project level. This differentiates Vista from many of our competitors within the engineering consulting industry."

Vista has effectively managed its growth in recent years, expanding to an organization of over 300 personnel. "Our company culture, focus on our people and our employee-ownership model have definitely been keys to our success," said Campbell. AON Hewitt and the Queens School of Business have recognized Vista three years in a row as a top-50 best small and medium sized employer in Canada.

Vista is a full-service engineering & procurement company serving oil sands and conventional oil & gas producers. Vista specializes in engineering oil sands (SAGD, CSS), heavy oil and enhanced oil recovery projects. This work includes grassroots facilities (small, mid-size and large) as well as sustaining capital projects. Over 27 years, Vista has engineered more than 300,000 BPD of in-situ bitumen and heavy oil, working on some of the most successful projects in the Alberta oil sands and earning its reputation as a trusted partner to its clients. For more information, visit www.vistaprojects.com or follow Vista Projects Limited on LinkedIn.

Note to Editors:
High-resolution photos of Vista's ownership team are available upon request.

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