SIP

Excellium Inc. (TSX VENTURE:XLM) (the "Corporation" or "Excellium"), a Tier II
issuer listed on the TSX Venture Exchange (the "Exchange"), announces that it
has received leave from the Commercial Chamber of the Superior Court of Quebec
to complete the previously announced sale of substantially all of certain assets
relating to its electronic security division (the "Security Division"), which
constitute substantially all of Excellium's assets, to Site Integration Plus
Inc. ("SIP"). Closing of the sale of the Security Division to SIP is expected to
take place in the coming days.


The purchase price payable by SIP is equivalent to the sum of $454,000 and the
value of the Security Division's inventory as of closing (which is estimated at
$60,000) (collectively, the Purchase Price), as well as the value of the
Security Division's accounts receivable as of closing actually collected by the
Purchaser within the 12-month period following closing, less a 5% collection fee
(the Accounts Receivable Value). The Purchase Price will be payable at closing,
subject to a holdback of approximately $41,000 (the Holdback Amount), and the
Accounts Receivable Value will be payable as the relevant accounts receivable
are collected. The Holdback Amount will be released in favour of the Corporation
12 months after the closing, subject to any indemnification obligations which
may be owing in favour of SIP pursuant to the terms of the asset purchase
agreement.


The sale of the Security Division to SIP is further to and consistent with the
strategic review process announced by Excellium on August 29, 2013, which was
undertaken to maximize value for shareholders and other stakeholders of
Excellium, and has resulted from a competitive bid solicitation process overseen
by the Corporation's board of directors with the assistance of Raymond Chabot
Grant Thornton. Excellium continues to own and operate its remaining business
unit, the Electronic Identification division, and will continue to explore
strategic alternatives and restructuring options in that regard, which may
include a privatization or the entering into of strategic partnerships or
business combinations.


There can be no assurance that such exploration of strategic alternatives will
result in a transaction being pursued, entered into or consummated. Excellium
does not intend to discuss or disclose developments with respect to this process
until its board of directors has approved a definitive course of action.


Excellium intends to submit a proposal to its creditors in due course and will
make further announcements in that regard at the appropriate time.


Excellium is a security company specialized in biometrics identity systems and
proactive security management and in the integration of security products for
the institutional and industrial markets. Excellium is active in two distinct
but complementary lines of business: electronic security, which includes
security management, access control and video surveillance, and electronic
identification, comprising background checks and biometric identification.
Excellium's common shares are listed on the Exchange under the trading symbol
"XLM" and its continuous disclosure filings are available on SEDAR at
www.sedar.com. For further information about Excellium, please visit its website
at www.excellium.ca.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Excellium Inc.
Claude Roussin
Vice President, Administration and Acting CFO
(514) 798-8899

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