LS Lakeside Steel Inc.

WELLAND, ON, July 18, 2011 /CNW/ -- WELLAND, ON, July 18, 2011 /CNW/ - Lakeside Steel Inc. (TSX-V: LS) ("Lakeside" or the "Company") today announced that Robert Okrzesik has joined the Company as Vice President Commercial. Mr. Okrzesik will be based in the Company's U.S. office in Houston, Texas, and will lead and direct all of Lakeside's North American sales and marketing initiatives. With over 30 years experience in the sale and marketing of OCTG products, most recently in the position of Vice President, North America, OCTG and Line Pipe with Evraz  Inc. NA., Mr. Okrzesik has also held executive positions with NS Group Inc. and Vinson Supply Company. Mr. Okrzesik has consistently driven sales growth throughout his career in the OCTG space and brings extensive domestic and offshore industry knowledge and experience. Ron Bedard, President and Chief Operating Officer commented: "We are very excited to be able to add someone of Bob's caliber, experience and integrity to the Lakeside team. Bob is a great fit with Lakeside and I believe will fill a key role in driving our OCTG growth in North America." About Lakeside Steel Inc. Lakeside is a 2011 TSX Venture Exchange 50 company and the parent company of Lakeside Steel Corporation, Lakeside Steel Alabama Inc. and Lakeside Steel Texas Inc. Lakeside has operating facilities located in Welland, Ontario, and Corpus Christi, Texas, and three facilities currently being constructed in Thomasville, Alabama. Lakeside is a diversified steel pipe and tubing manufacturer with a focus on manufacturing and upgrading Oil Country Tubular Goods. Lakeside's list of customers includes large oil and gas end users as well as distributors across North America. Lakeside Steel Alabama will be a diversified steel pipe manufacturer with end-finishing and heat treat capabilities strategically situated in the southern United States on successful completion of construction of the new facilities in Thomasville, Alabama. Construction of the Alabama facilities is currently underway. This press release may contain forward-looking statements with respect to the Company, its operations, strategy, financial performance and condition. These statements generally can be identified by use of forward looking words such as "may", "will", "expect", "estimate", "anticipate", intends", "believe" or "continue" or the negative thereof or similar variations. The actual results and performance of the Company discussed herein could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, changes in government regulations and the factors described under "Risk Factors" in the Management's Discussion, and Analysis, Annual Information Form and Filing Statement of the Company which are available at www.sedar.com. The cautionary statements qualify all forward-looking statements attributable to the Company and persons acting on their behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and the Company has no obligation to update such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Lakeside was recognized as a TSX Venture 50® company in 2010 and 2011. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2011/18/c5892.html p /p p bRon Bedard /bbr/ President and Chief Operating Officerbr/ Lakeside Steel Inc.br/ FAX: (905)735-9069br/ e-mail: a text-decoration="underline" href="mailto:ron.bedard@lakesidesteelcorp.ca" font-weight="bold"ron.bedard@lakesidesteelcorp.ca/a /p p bK/bben Hunter /bbr/ Chief Financial Officerbr/ Lakeside Steel Incbr/ FAX: (905)735-9069br/ e-mail: a href="mailto:ken.hunter@lakesidesteelcorp.ca" font-style="italic"ken.hunter@lakesidesteelcorp.ca/a /p

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