SYS-CON MEDIA Authors: Kevin Benedict, Gilad Parann-Nissany, Michael Bushong, Eric Brown

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Canada Wood Frame Solutions Acquires Viceroy Homes Ltd.

TORONTO, ONTARIO -- (Marketwire) -- 01/04/13 -- Today, Daniel Fox, President and CEO of Viceroy Homes Ltd. announced that, effective Dec. 21, 2012, the sale of the company was formally concluded to Canada Wood Frame Solutions Ltd. (CWFS).

Canada Wood Frame Solutions Ltd. is a Canadian-owned and operated organization based in western Canada. The company consists of principals from the finance and related wood frame and building industries, with global interests and experience.

"This represents great news for Viceroy Homes and all its employees," said Fox, emphasizing that "CWFS is committed to Viceroy Homes' growth strategy in the existing core markets of North America and Japan, and their global experience is also uniquely positioned to help us accelerate our recent success in the massive Chinese market."

Viceroy Homes Ltd. is a Canadian-based global leader in pre-engineered home manufacturing and construction in the residential and industrial sectors. Over its 56-year history, Viceroy has manufactured and shipped superior quality buildings to over 45 countries, including Japan, Russia and China, and is considered a leader in wood frame building technology.

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