TKN Ninepoint Web3 Innovators Fund

Teknion Corporation (TSX:TKN) ("Teknion") today announced that it has entered
into an arrangement agreement with its controlling shareholder A-Tean Holdings
Limited ("A-Tean") and 2158436 Ontario Limited ("2158436"), an affiliate of
A-Tean, pursuant to which 2158436 has agreed to acquire all of the subordinate
voting shares (the "Shares") of Teknion not owned by A-Tean and its affiliates
for a price of $3.15 cash per Share (the "Transaction"). The terms of the
arrangement agreement are consistent with the terms of the previously announced
letter agreement relating to the Transaction entered into between 2158436 and
Teknion on December 23, 2007. The cash purchase price represents a 120% premium
over the 30 day volume weighted average trading price of the Shares at December
21, 2007, the last trading day prior to the public announcement by Teknion of
the Transaction.


The Transaction will be carried out by way of a statutory plan of arrangement
that is subject to court, shareholder and normal regulatory approvals. Teknion
expects to hold a meeting of shareholders to consider the Transaction on or
about Friday, February 22, 2008, and if approved, to complete the Transaction by
the end of February. It is expected that a management information circular
relating to the Meeting, containing the terms of the Transaction, will be mailed
to Teknion's shareholders by no later than January 31, 2008.


A-Tean and its affiliates own approximately 62% of the combined issued and
outstanding multiple voting shares and subordinate voting shares of Teknion.
Teknion was advised on December 23, 2007 that 2158436 had entered into
agreements with certain institutions holding approximately 38% of the
outstanding Shares, pursuant to which such shareholders committed to support the
Transaction. Teknion has been further advised that 2158436 has entered into
agreements with shareholders holding an additional 5.1% of the outstanding
Shares, pursuant to which such shareholders have committed to support the
Transaction. As a result of those agreements, Teknion believes that shareholders
holding approximately 43% of the outstanding Shares have agreed with 2158436 to
support the Transaction.


A special committee of independent directors of Teknion, consisting of Allen
Karp, David Sanchez and George Taylor (the "Special Committee"), each of whom is
independent of A-Tean and its affiliates and of management of Teknion, has
reviewed the Transaction with its independent legal and financial advisors. In
this regard, the Special Committee has received a valuation report and an
opinion from TD Securities Inc. that, as of December 22, 2007, the consideration
under the offer is fair, from a financial point of view, to the holders of the
Shares other than A-Tean and its affiliated entities. The Board of Directors of
Teknion (other than directors affiliated with A-Tean), upon the recommendation
of the Special Committee, has unanimously approved the Transaction and
recommends that shareholders vote in favour of the Transaction.


The Transaction is subject to customary conditions including, but not limited
to, the approval of not less than two-thirds of the shareholders of Teknion
voting at the Meeting and a majority of the minority shareholders of Teknion
voting at the Meeting, the receipt of all required regulatory approvals and
there being no material adverse change with respect to Teknion.


Forward-Looking Statements

Certain of the above statements are forward-looking statements with respect to
the Company's future prospects. These statements involve risks and uncertainties
that could cause the Company's financial results to differ materially from
stated expectations as a consequence of a number of factors, including but not
limited to: fluctuations in the Company's operating results due to product
demand arising from competitive and general economic and business conditions in
the Company's North American and international markets and operations;
significant fluctuations in exchange rates for currencies in which the Company
does business; changes in the cost of raw materials; the ability to maintain the
proprietary nature of the Company's intellectual property in the design and
manufacturing of its products; changes in the size and timing of customers'
order patterns; changes in the Company's markets, including technology change,
changes in customer requirements, frequent new product introductions by
competitors and emerging standards; the Company's dependence on key personnel;
the Company's dependence on key commitments from significant dealers and
distributors; potential liabilities arising from product defects; environmental
matters and other factors set forth in the Company's reports and filings with
Canadian securities regulators. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.


Teknion Corporation (TSX:TKN) is a leading international designer, manufacturer
and marketer of office systems and related office furniture products. Teknion's
headquarters are located in Toronto, Ontario. The company has offices and
facilities in Canada, the United States, the United Kingdom and the Pacific Rim,
and serves clients through a network of authorized dealers worldwide. Visit
Teknion at www.teknion.com.

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