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Sigma Acquires Foveon

November 11, 2008: Sigma Corporation has acquired 100% of the stock of Foveon Inc., the company that developed the original three-layer image sensor.

The two companies already have a long-term relationship as Sigma was the first (and so far, only) company to develop camera bodies for Foveon's image sensors. According to a press release from Foveon, "The acquisition ... will not only enhance the development of new types of image sensors for high quality digital cameras, but will also create a synergistic effect with Sigma's camera and lens business by improving the integration between the camera and sensor. This will result in camera products which will uniquely meet the widely ranging functional and image quality needs of demanding photographers.

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As the digital camera market continues to expand, Foveon and Sigma will continuously evolve and improve the X3 sensor technology, thus expanding the company's photography-related business. In addition, Sigma remains firmly committed to preserving and nurturing the culture of photography." More information about Sigma Corporation can be found at www.sigma-photo.co.jp. Details of Foveon, Inc. can be found at www.foveon.com.

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