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  • Ventec Strengthens Canada OEM Activities with Appointment of Sigma Component Design

Ventec Strengthens Canada OEM Activities with Appointment of Sigma Component Design

Jan 11, 2021

Ventec International Group Co., Ltd. (6672 TT) today announced the appointment of Sigma Component Design (Sigma) to provide sales and support to OEM customers in Canada. The two companies have signed a contractual agreement under which Sigma will help drive new OEM business for Ventec in Canada and represent all product lines from 1st January 2021.

The Canadian market is experiencing significant growth in demand from OEM customers mainly from the ICT industries and also for automotive, medical, aerospace & defense, and other applications.

As part of Ventec's global growth strategy and to support its sales activities in Canada, Ventec has appointed Sigma due to its excellent OEM focused sales organization, local presence, market knowledge and exceptional reputation.

"Sigma Component Design will be a great asset to support and grow our existing OEM customer base in Canada. We look forward to their contribution and ability to secure new clients in the region," stated Chris Hanson, Global Head IMS Technology at Ventec.

John Grobanopoulos, President & Owner of Sigma added, "we are excited to be working in partnership with Ventec. We believe the quality and reliability of Ventec's high performance PCB base material solutions will resonate with the needs of our OEM customers in Canada. Our agreement with Ventec is synergistic with our leading market access and full range of other solutions. We look forward to helping Ventec expand their reach and working together to help bring additional value to our customers across the region."

Ventec International Group Co., Ltd. (6672 TT) is a world leader in the production of polyimide & high reliability epoxy laminates and prepregs and specialist provider of thermal management and IMS solutions. Further information about Ventec’s solutions and the company’s wide variety of products is available at www.venteclaminates.com and/or by downloading the Ventec APP.


Ventec International Group Co., Ltd. (6672 TT) is a premier supplier to the Global PCB industry. With volume manufacturing facilities in Taiwan and China and distribution locations and manufacturing sites in both the US and Europe, Ventec specializes in advanced copper clad glass reinforced and metal backed substrates. Ventec materials, which include high-quality enhanced FR4, high-speed/low-loss- & high-performance IMS material technology and an advanced range of thermal management solutions, are manufactured by Ventec using strict quality-controlled processes that are certified to AS9100 Revision D, IATF 16949:2016 and ISO 9001:2015, and are backed by a fully controlled and managed global supply chain, sales- and technical support-network. For more information, visit www.venteclaminates.com.


Founded in 2002, Sigma Component Design provides technical sales representation for the Canadian Electronics Industry from a select group of world class Principals. Headquartered in Mississauga, ON and with sales reps located locally in Toronto, Montreal, Ottawa and Vancouver we provide complete coverage of the Canadian marketplace. Our synergistic product offering and long history selling Power, Thermal Management and Electromechanical components allows us to bring together leading technology solutions to the OEM community and our Distribution partners. We are active members of the Electronics Representatives Association (ERA) and the Electronic Components Industry Association(ECIA).
For more information, visit www.sigmacomponent.com

Safe Harbor Statement
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements. These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the contraction or lack of growth of markets in which we compete and in which our products are sold (ii) unexpected increases in our expenses, including manufacturing expenses, (iii) our inability to adjust spending quickly enough to offset any unexpected revenue shortfall, (iv) delays or cancellations in spending by our customers, (v) unexpected average selling price reductions, (vi) the significant fluctuation to which our quarterly revenue and operating results are subject, (vii) our inability to anticipate the future market demands and future needs of our customers, (viii) our inability to achieve new customer wins or for customer wins to result in shipments of our products at levels and in the timeframes we currently expect, (ix) our inability to execute on strategic alliances, (x) the impact of natural disasters on our sourcing operations and supply chain, and(xi) other factors detailed in documents we file from time to time with the Securities and Exchange Commission.

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