Item 2.02 Results of Operations and Financial Conditions

On November 6, 2008, ATS Corporation (the "Company") announced its financial results for the three and nine months ended September 30, 2008. The press release containing the announcement is attached hereto as Exhibit 99.1

Item 2.06 Material Impairments

On November 3, 2008, the Company's management concluded, and the audit committee of its board of directors concurred, that a non-cash charge for impairment was required under relevant accounting principles with respect to the Company's valuation of goodwill and intangible assets resulting from prior acquisitions.

This conclusion was made in connection with the Company's annual impairment testing of goodwill and other intangible assets, conducted during the third quarter in accordance with Statement of Financial Accounting Standards No. 142, "Goodwill and Other Intangible Assets" and Statement of Financial Accounting Standard No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets," and in connection with the preparation and review of the financial statements to be included in the Company's quarterly report on Form 10-Q for the quarter ended September 30, 2008. The impairment resulted primarily from an updated outlook for businesses acquired during 2007, leading to an adjustment of the estimated value of the Company's operating subsidiary as of August 31, 2008 of $56.8 million, of which $48.8 million was related to goodwill and $8.0 million was related to customer-related intangible assets.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated November 6, 2008

---