Sigma Industries announces restructuring measures

    QUEBEC CITY, Oct. 28 /CNW Telbec/ - Sigma Industries Inc. (TSX
Venture Exchange: SIC) "Company", a leading composite and metal products
manufacturer, announces today various restructuring measures. Firstly, the
Company announces the departure of François Chevarie, Vice-President,
Operations, and of Eric Martin, Vice-President, Sales and Engineering. The
engineering director of the Company's subsidiary René Composites Materials
Ltd. will also be leaving his duties. Secondly, the Company also laid off, in
recent days, approximately 10% of its employees across all its subsidiaries.
    "We regret the impact of these measures for our employees and their
families, but they will enable production rates to better reflect difficult
market conditions in the heavy-duty truck industry caused by the global
financial and economic crisis. We also wish François and Eric all the best in
their future endeavours," said Denis Bertrand, President and Chief Executive


    Sigma Industries Inc. (TSX-V: SIC), a leading composite and metal
products manufacturer, has six operating subsidiaries and employs close to
500 people. The Company is active in the growing heavy-duty truck, coach,
transit and bus, train and subway, machinery, agriculture, light forestry, and
wind energy market segments. Sigma sells its products to original equipment
manufacturers and distributors in the United States, Canada and Europe.
    Sigma has had a recent history of steady growth and accretive
acquisitions. Its recent and planned growth initiatives are expected to
continue to raise Sigma's profile with investors.


    This press release contains certain forward-looking statements with
respect to the Company. Such forward-looking statements are dependent upon a
certain number of factors and are subject to risks and uncertainties. Actual
results may differ from those expected. The information contained in this
press release is dated October 28, 2008, the date on which the Directors
approved the press release. Management does not assume any obligation to
update or revise any forward-looking statements, whether as a result of new
information or future events, except when required by the regulatory

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

For further information:

For further information: Sigma Industries Inc.: Denis Bertrand,
President and Chief Executive Officer, (418) 780-3902,; Bertrand Côté, Chief Financial Officer, (418)
780-3903,; MaisonBrison: Martin Goulet, CFA,
(514) 731-0000,

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