Sigmacor Inc.(SIM-ASE) Message Board

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Gold/Mining/Energy : Sigmacor Inc.(SIM-ASE)

SIM 28.40

+3.0%

11:46 AM EDT

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To: Brad who wrote (6)	5/21/1998 9:30:00 AM
From: Brad	of 17

To All (recent news release): SALES OF GAS MICRO HAVE BEGUN! CALGARY, May 20 /CNW/ - Sigmacor announced earlier this month it had received its first purchase order for its new GAS MICRO product from Colorado Natural Gas, Inc. (Pine, Co.). Now, we are pleased to announce we have received our second purchase order (4 units) from B.C. Gas Utility Ltd. In addition, Sigmacor has received verbal commitments from four of the leading natural gas utilities in North America to trial the MICRO and purchase orders are expected in the very near future. These six accounts alone represent a potential $64 million in revenues. At this time, Sigmacor is targeting 40 primary gas utilities across Canada and the United States to participate in the GAS MICRO trials. The eventual target market is 2013 gas utilities and distribution companies in North America. The market for Sigmacor's economical measurement instrumentation equipment is estimated at $670 million over the next 5 - 7 years. Sigmacor has at least a one-year lead time over its competitors into this market. Sigmacor Inc. is a Calgary based Corporation whose principal business is the development, manufacture and marketing of microelectronic instruments and software products used for gas flow measurement and instrument testing and calibration. The primary focus is products that meet the needs of the natural gas distribution utilities in Canada and the United States. The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein.

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