SICO INC.

SICO INC.

March 30, 2005 08:30 ET

SICO Strengthens its Leading Position in Canada Through a Distribution Agreement With the Largest Home Improvement Retailer in Atlantic Canada


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FOR: SICO INC.

TSX SYMBOL: SIC

MARCH 30, 2005 - 08:30 ET

SICO Strengthens its Leading Position in Canada
Through a Distribution Agreement With the Largest Home
Improvement Retailer in Atlantic Canada

LONGUEUIL, QUEBEC--(CCNMatthews - March 30, 2005) - SICO INC. ("SICO" or
the "Company") (TSX:SIC) is pleased to announce a major breakthrough
further to the signing of a distribution agreement with Kent Building
Supplies, the largest home improvement retailer in Atlantic Canada.

Under this agreement, the Company will supply SICO branded paint and
MULCO branded caulking compounds and adhesives to the 29 Kent Building
Supplies outlets located in all four Atlantic Provinces, including 7
big-box stores. The distribution agreement will be supported by joint
advertising efforts.

"With this additional sales volume, this agreement will considerably
increase our market share in the Atlantic Provinces, consistent with the
primary objective of SICO's Architectural Sector, to strengthen its
leading position not only on a national scale, but in each of the
country's major markets. This agreement is also in line with our
strategic objective to promote our major national brands through target
distribution channels," said Pierre Dufresne, President and Chief
Executive Officer.

Profile

In business since 1937, SICO is the largest company in Canada
specializing in the development, manufacture and marketing of paints,
coatings and related products. In the architectural market, its primary
sector, SICO distinguishes itself for its innovative, high-quality
products enjoying strong brand recognition, and the scope of its
distribution network, which includes more than 2,400 points of sale
throughout the country. SICO also markets metal coatings, mainly for the
transportation material industry, the heavy equipment and the
specialized equipment industry in North America. SICO employs nearly
1,000 people in Canada, the United States and Mexico.


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    SICO INC
    Pierre Dufresne, CA
    President and Chief Executive Officer
    (514) 527-5111
    www.sico.com
    or
    SICO INC
    Jean Ouellet, CA
    Vice President, Finance and Treasurer
    (514) 527-5111
    www.sico.com