SOURCE: Sigma Global Corporation

January 29, 2008 13:15 ET

Sigma Global Corp. Continues Restructuring

NEW YORK, NY--(Marketwire - January 29, 2008) - Sigma Global Corporation (PINKSHEETS: SGGC), an emerging oil and gas company, is pleased to announce that it is continuing to structure the company for activity moving forward. The Board of Directors has approved the reduction of authorized shares of the company and to rename the company to PRADERA ENERGY CORP. Management will be working with legal council to complete these tasks on a timely basis and we will update our stakeholders on our progress.

Brian Conrad, CEO of Sigma Global, stated, "As we continue to advance the operations of the company, we are also completing corporate activities to best reflect our business direction which includes this name change. There are many steps involved in this work including getting a new CUSIP number and trading symbol. We have already registered the domain for this new company name. I would also like to thank in advance the stakeholders who have expressed an interest in visiting some of the field operations in mid-February."

About Sigma Global Corporation

Sigma Global is an emerging oil and gas company whose core business is the production of oil and gas and to continue to evaluate profitable oil and gas lease options, build a solid foundation of revenue and assets through acquisition of leases, and explore and develop opportunities on these prolific properties.

Legal Notice Regarding Forward-Looking Statements:

Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Sigma Global Corp. to be materially different from the statements made herein. Sigma assumes no obligation to update the information contained in this press release.