LAVAL, QC, Oct. 1, 2012 /PRNewswire/ – Kaycan Ltd., a North American
leader in vinyl, aluminum and engineered wood siding, trim and aluminum
building products, announced today that it has successfully finalized
its acquisition of Uniboard Canada Inc., a leader in engineered wood
products. Kaycan had previously entered into an all cash for shares
deal with Uniboard’s parent company Pfleiderer Canada Inc. on September
5, 2012.

The Uniboard facilities sold to Kaycan include three (3) particleboard
lines, one (1) MDF line, five (5) thermofused melamine lines, a (1)
resin plant and two (2) laminate flooring lines servicing primarily the
Canadian, US Northeast and Mid-West US markets. Montreal-headquartered
Kaycan is a private Canadian corporation focused on the North American
building industry. With Uniboard, Kaycan extends its decorative reach
from the exterior to the interior of houses and opens up new
commercial, non-residential and institutional market segments.

The Uniboard Quebec-based facilities have a total annual capacity of 640
MMSF and Uniboard is the largest composite panel manufacturer in Canada
and among the top 4 in North America. Uniboard is the only Canadian
laminate flooring manufacturer.

Kaycan’s President, Lionel Dubrofsky, stated, “This acquisition brings
together two major Quebec-based manufacturing companies with a common
vision of providing customers with solutions to enhance both living and
working spaces. We continue in developing a unique offering to our
client base, combining an enlarged range of products for interior and
exterior home as well as commercial decoration.”

James N. Hogg, President of Uniboard, added “the conclusion of this
transaction starts a new era for Uniboard as part of a strong North
American group bringing a solid financial basis and a clear vision to
drive the business of our panel and flooring business forward. Clients
throughout our core markets in Canada and the US will benefit from the
combined operating experience and renewed focus on growth in Uniboard’s
core markets.”

About Uniboard Canada Inc.

Uniboard Canada Inc. is a leading North American manufacturer of engineered wood
products with 800 employees. Uniboard has installed capacity of over 640 million square feet of raw
particleboard, high-density and medium-density fiberboard, of which
over 50% is converted into value-added melamine and laminate flooring
products. Its products are sold to retailers, distributors and finished
goods manufacturers, which cater to the kitchen cabinet industry, the
furniture industry, the renovation and construction industries, as well
as to the floor covering industry. Uniboard is the largest supplier of thermofused melamine panels in North
America. More information at: www.uniboard.com

About Kaycan

Headquartered in Montreal, Quebec, for more than 38 years Kaycan is a
leading vertically integrated manufacturer of vinyl and aluminum siding
and accessories, engineered wood siding and trims, PVC and aluminum
rainware, and aluminum coil with over 1,200 employees operating 11
manufacturing facilities across North America. The company’s products
are sold throughout the world to retailers and distributors. More
information at: www.kaycan.com

Registered trademark of Uniboard Canada Inc
Registered trademark of Kaycan Ltd.

SOURCE UNIBOARD CANADA INC.