TigerCat Forestry Equipment
Tigercat Moves into East Russia

Tigercat expands distribution into Eastern Russia with JV ARKAIM

PARIS, ON, April 4, 2002 – Tigercat Industries is pleased to announce the appointment of JV ARKAIM and TimberNor AS authorized Tigercat-Hemek distributor for eastern Russia.

JV ARKAIM is a Russian forest company, currently harvesting 300,000 m3 of saw logs each year. The company is headquartered in the harbour city of VANINO on the east cost of Russia. Office and equipment service facilities are strategically located in in Khabarovsk and Krasnojarks.

Forestry equipment sales and service activity will be focused primarily in Khabarovsk city.

The forestry operation end of JV ARKAIM has been using HEMEK 700 Forwarder for the last 3 years with 5 F700 machines in the current fleet. The Hemek forwarder has been productive, reliable and well suites to the forest conditions in the area.

About JV ARKAIM

Bjørn Syversen, owner of Norway based TimberNor AS is also part owner of Russian company, JV ARKAIM. Syversen has been involved in Eastern Russian forestry for ten years and has helped introduce cut-to-length harvesting practices to the region. JV ARKAIM has a great deal of experience in all aspects of forestry practices and equipment service.

About Tigercat

Tigercat Industries designs and manufactures premium quality forestry and off-road equipment with manufacturing facilities in Canada and Sweden and world-wide distribution. The diverse forestry line includes complete full-tree and cut-to-length harvesting systems.

Tigercat and the Tigercat logo are registered trademarks of Tigercat Industries Inc. Other brands and product names are trademarks of their respective owners. Copyright (c) 2001 Tigercat Industries Inc.

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Contacts:

JV ARKAIM / TimberNor AS
Bjørn Syversen
tel: +47 625 20888
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Paul Iarocci, Tigercat Industries Inc.
519-442-1529 Ext. 314
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