CALGARY, June 2 /PRNewswire/ - SUBNET Solutions Inc.

Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) achieved record first quarter net earnings applicable to common shares of $91 million, or $0.58 per common share, up $49 million from earnings of $42 million, or $0.38 per common share, for the first quarter of 2007.

Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) realized net earnings applicable to common shares of $193 million in 2007, 31 per cent higher than earnings of $147 million in 2006. Earnings per common share were $1.40 compared to $1.42 last year.

By CHRIS MORRIS SAINT JOHN, N.B. (CP) - The time has come to look into building a second nuclear reactor in the Maritimes to satisfy the region's growing demand for electricity, the head of Prince Edward Island's electric utility said Monday.