SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of May, 2006
Commission File Number 1-10928
INTERTAPE POLYMER GROUP INC.
9999 Cavendish Blvd., Suite 200, Ville St. Laurent, Quebec,
Canada, H4M 2X5
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F Form 40-F X
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(1): __________
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(7): __________
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby
furnishing the information to the Commission pursuant to
Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned
to the registrant in connection with Rule 12g3-2(b):
82-______
The Information contained in this Report is incorporated by
reference into Registration Statement No. 333-109944
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly
authorized.
Date May 1, 2006
INTERTAPE POLYMER GROUP INC.
By: /s/Andrew M. Archibald
Andrew M. Archibald, C.A., CFO
and Secretary
NYSE SYMBOL: ITP
TSX SYMBOL: ITP
Intertape Polymer Group Inc. Announces Melbourne F. Yull
To Retire At Upcoming Shareholders' Meeting
Montreal, Quebec and Bradenton, Florida - May 1, 2006 -
Intertape Polymer Group Inc. (NYSE, TSX: ITP) announces that
Melbourne F. Yull has advised the Company of his intention to
retire as CEO and Chairman of the Board at the Company's
upcoming shareholders' meeting.
Melbourne F. Yull founded Intertape Polymer Group Inc. in
1981 and has been its Chairman and CEO since January 11,
1995, having been the President and a director of the Company
prior thereto. Mel commented, "I am extremely proud of the
success achieved by Intertape over the years, especially
considering its humble beginnings in 1981. I credit this
success to a solid team of talented and dedicated individuals
who have been unstinting in their efforts. I leave with full
confidence that the future of the Company and its continued
growth is in excellent hands."
Thomas E. Costello, the Company's lead director commented,
"the board would like to acknowledge Mel's outstanding
accomplishments as the principal architect and builder of
Intertape into a company that now employs over 3,000 persons
with sales of over US$800 million. The remarkable success of
the Company is a direct tribute to his leadership and his
strong entrepreneurial skills. We will miss Mel but the
board has accepted his decision in the knowledge that he
leaves a flourishing and solid organization that will
continue to further his vision."
The Board will retain a professional executive search firm
to identify and assess both internal and external qualified
candidates to serve as the Company's successor CEO. During
the transition period, H. Dale McSween, the Company's
President of Engineered Coated Products Division, will act
as interim CEO.
About Intertape Polymer Group
Intertape Polymer Group is a recognized leader in the
development and manufacture of specialized polyolefin plastic
and paper based packaging products and complementary
packaging systems for industrial and retail use.
Headquartered in Montreal, Quebec and Sarasota/Bradenton,
Florida, the Company employs approximately 3,000 employees
with operations in 19 locations, including 14 manufacturing
facilities in North America and one in Europe.
Safe Harbor Statement
Certain statements and information included in this release
constitute "forward-looking statements" within the meaning
of the Federal Private Securities Litigation Reform Act of
1995. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the
Company to be materially different from any future results,
performance or achievements expressed or implied in such
forward-looking statements. Additional discussion of factors
that could cause actual results to differ materially from
management's projections, estimates and expectations is
contained in the Company's SEC filings. The Company
undertakes no duty to update its forward-looking statements,
including its earnings outlook. This release contains
certain non-GAAP financial measures as defined under SEC
rules, including adjusted net earnings, EBITDA, adjusted
EBITDA and free cash flow. The Company believes such non-
GAAP financial measures improve the transparency of the
Company's disclosure, provide a meaningful presentation of
the Company's results from its core business operations
by excluding the impact of items not related to the
Company's ongoing core business operations, and improve the
period-to-period comparability of the Company's results from
its core business operations. As required by SEC rules, the
Company has provided reconciliations of those measures to
the most directly comparable GAAP measures.
FOR INFORMATION CONTACT: H. Dale McSween
Intertape Polymer Group Inc.
Tel.: 866-202-4713
E-mail:itp$info@itape.com
Web: www.intertapepolymer.com