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Hydropool Saves 180 Ontario Jobs

A Letter from Hydropool Headquarters explaining recent business concerns.

Dear Valued Hydropool Retailer:

David Jackson, Hydropool’s President and CEO, and Stephane Barralis, Hydropool’s CMO have reinvested, together with 3 “family and friends” investors, to repurchase Hydropool from our financial partners.

Therefore, the business previously conducted by Hydropool Industries Inc. has been restructured and now operates as Hydropool Inc. effective January 18, 2010. You will not notice any change in our business dealings with you and your customers as the same programs and policies (warranty etc.) all remain in place. We have all 180 Hydropool employees moving forward to the new company!

We are extremely excited by this event and as we enter 2010, we believe that we are better positioned than ever, to see our business grow – our costs have been reduced, we have a sound foundation and our winter sales are up 20% versus last year!

We are very proud of the fact that Hydropool employs more people in Ontario than any other hot tub manufacturer in the world! With fresh liquidity and improved product quality and service, we believe we will be able to grow our leadership position in the marketplace. We are optimistic for the business prospects in 2010 and are looking forward to continuing our journey with you to achieve our Mission.

Hydropool Mission Statement

Together, through leadership, innovation and executional excellence, we will become the world class manufacturer of leading brands of hot tubs, swim spas and related products sold through specialty retailers worldwide.

We look forward to speaking to you soon.

Best Regards,

David Jackson
President and CEO