Hammond Power Solutions Inc., Announces Normal Course Issuer Bid

Hammond Power Solutions Inc.'s ("HPS") (TSX:HPS.A) Board of Directors has
authorized the repurchase of up to 50,000 of its Class A Subordinate Voting
Shares ("Class A Shares"), representing .57% of the 8,806,624 Class A Shares
outstanding as of March 9, 2012, by way of a normal course issuer bid through
the facilities of the Toronto Stock Exchange (the "TSX"). Daily purchases will
be limited to 2,099 Class A Shares, other than block purchase exceptions, which
is 25% of the average daily trading volume of 8,398 Class A Shares of HPS on the
TSX in the preceding six calendar months.


The purchases may commence on March 19, 2012 and will terminate no later than
March 18, 2013. Purchases will be made in open market transactions on the TSX.


Decisions regarding the timing of future repurchases will be based on market
conditions, share price and other factors. HPS may elect to suspend or
discontinue the bid at any time. Class A Shares repurchased under the bid will
be cancelled.


HPS believes that current market conditions provide opportunities for HPS to
acquire Class A Shares at attractive prices and are an appropriate use of the
HPS' funds and will enhance shareholder value.


About Hammond Power Solutions Inc.

Hammond Power Solutions Inc. (TSX:HPS.A) is a North American and European leader
for the design and manufacture of dry-type custom electrical engineered
magnetics, electrical dry-type and cast coil transformers. Leading edge
engineering capabilities, high quality products, and fast, responsive service to
customers' needs have all served to establish HPS as a technical and innovative
leader in the electrical and electronic industries. HPS has manufacturing plants
in Canada, United States, Mexico, Italy and India.


This press release contains forward-looking statements. These statements are
based on HPS management's assumptions and beliefs in light of the information
currently available to them. These forward-looking statements are subject to
uncertainties and other factors that could cause actual results to differ
materially from such statements. When relying on forward-looking statements to
make decisions, HPS cautions readers not to place undue reliance on these
statements, as a number of important factors could cause actual results to
differ materially from any intentions expressed in such forward-looking
statements. HPS does not undertake to update any forward looking statements that
may be made from time to time by or on behalf of HPS.

Hammond Power Solutions (TSX:HPS.A)
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