Sigma makes further inroads in composites for the truck and agricultural industry - Acquisition of Acton Vale Camoplast division adds new technology and strengthens market position

    QUEBEC, Jan. 30 /CNW Telbec/ - Sigma Ventures Inc. (TSX Venture Exchange:
SVX), a leading composite and metal products manufacturer, today announced the
acquisition of the assets of Camoplast's composite division located in Acton
Vale, Quebec for $4.7 million. The purchase price is subject to a future
adjustment based on the book value of inventories and the cost of prepaid
expenses over the 60-day period following the closing date. The transaction
will be paid in part through the issuance to Camoplast Inc. of 1.625 million
common shares of Sigma Ventures, with the remaining balance to be paid in
    Camoplast's Acton Vale assets are comprised of a state of the art
facility which utilizes the "in mold coating for robotized technology." This
technology allows the production of a finished product that is ready for final
assembly. The plant manufactures a range of composite hoods for Class 7 and 8
highway and vocational trucks, as well as B6 Magnum series tractors and
directly employs approximately 85 people. Sales were approximately $12 million
over the past twelve months.
    "This acquisition represents a significant step for Sigma in the ongoing
consolidation of the composite manufacturing industry," stated Sigma President
and CEO, Denis Bertrand. "While the transaction allows Sigma to acquire a new,
promising technology, it also solidifies our advantageous market position and
will strengthen our two other Beauce, Québec facilities through the exchange
of best practices as well as new market opportunities. We are pleased to
welcome our new employees in Acton Vale and are looking forward to joining
forces with them to continue Sigma's growth."
    The acquisition is being carried out through 3547141 Canada inc., a
wholly owned subsidiary of Sigma which will operate these assets as a going
concern. The transaction was concluded at arms length between unrelated
parties and does not result in the addition of a new insider or a new dominant
shareholder in Sigma Ventures. The Company has not incurred any commission or
intermediation fee as a result of the transaction.
    Sigma remains focused on the deployment of its strategic plan to become a
first class consolidator in the transport, bus, agriculture and industrial
products sector, with a focus on the integration of recent acquisitions and
the continued realization of related synergies.

    About Sigma Ventures

    Sigma Ventures Inc. (TSX-V: SVX) is a leading composite and metal
products manufacturer with five operating companies that market under their
own recognized brands. The Company is active in the growing heavy duty truck,
coach, transit and bus, train and subway, machinery, agriculture, light
forestry and alternative energy market segments. Sigma offers 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.

    About Camoplast

    Camoplast is a world-class manufacturer that designs, develops and
manufactures vehicles, systems, assemblies and components for original
equipment manufacturers. Camoplast's main products include: rubber tracks,
undercarriages, specialized tracked vehicles, structural composite parts,
under-the-hood plastic components and assemblies. Camoplast has 2000 employees
in eleven manufacturing sites, located in the United States, Canada and
Europe. For further information about Camoplast Inc., please contact Mr. Yves
Bellavance from Nadeau Bellavance, Cabinet de relations publiques et
communications at 819-562-9998.


    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 January 29, 2007, the date on which the Board of
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 authorities.

    The TSX Venture Exchange Inc. has conditionally approved the transaction,
    which remains subject to its final approval.

    The exchange does not accept responsibility for the adequacy or accuracy
    of this release.

For further information:

For further information: Sigma Ventures Inc. : Denis Bertrand, Chief
Executive Officer, (418) 780-3902, denis.bertrand; Bertrand
Côté, Chief Financial Officer, (418) 780-3903,;
MaisonBrison/BarnesMcInerney : Frédéric Beausoleil, Executive Vice-President,
IR, (514) 731-0000, Ext. 228,

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