Montreal 11/7/2012 5:07:11 AM
News / Business

Death of Henri Audet, founder of COGECO Inc..

Louis Audet, President and CEO of COGECO Inc.. and Cogeco Cable Inc.., regrets to announce that the founder and chairman emeritus of the company Henri Audet died November 3, 2012 at the age of 94 years.

Founded in 1957 in order to start a commercial television station in Trois Rivières, COGECO Inc.. became, through its subsidiaries and sub-subsidiaries Cogeco Cable., Cogeco Data Services Inc.. and Cogeco Diffusion inc., a large Canadian communications company with consolidated revenues of $ 1.4 billion for the fiscal year ended August 31, 2012 and with approximately 3,500 employees in Ontario and Quebec.

Control of COGECO Inc.., And consequently that of its subsidiaries and sub-subsidiaries, is owned by Audem Management inc., A holding company whose shares are wholly owned by the family of Henri Audet. Management control Audem inc. remains entirely in the hands of Henri Audet family following his death.

"On behalf of the Directors of COGECO Inc.. and Cogeco Cable Inc.., as well as the names of all employees, I extend to all the Audet family our deepest condolences. Mr. Henri Audet has always been and will remain a great source of inspiration for all members of the family Cogeco, "said Jan Peeters, president of the boards of COGECO Inc.. and Cogeco Cable Inc. ..

ABOUT COGECO

COGECO is a diversified communications company. Through its Cogeco Cable subsidiary, COGECO provides its residential customers with Analogue and Digital Television, as well as HSI and Telephony services using its two-way cable networks to broadband. Cogeco Cable also provides to its commercial customers, through its subsidiary Cogeco Services Networks, services, data networking, e-business applications, video conferencing, hosting services, Ethernet, line private VoIP, HSI access, data storage, co-location, managed IT services, services, cloud computing and other advanced communication solutions. Through its Cogeco Diffusion subsidiary, COGECO owns and operates across Quebec, 13 radio stations offering a variety of programming and complementary for a wide range of audiences and his news agency, Cogeco News . Cogeco Diffusion also operates Metromedia, a representative firm specializing in the field of display advertising in public transport which has exclusive representation contracts in Quebec, where it also represents business partners active in other Canadian markets. The subordinate voting COGECO are listed on the Toronto Stock Exchange (TSX: CGO). The subordinate voting Cogeco Cable are also listed on the Toronto Stock Exchange (TSX: CCA).