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Martin Color-Fi Granted Exclusive Rights To ColorGuard TM

Martin Color-Fi Granted Exclusive Rights by Clariant Corporation; ColorGuard(TM) Fiber to Enhance Manufacturers Automotive Segment EDGEFIELD, S.C., Jan. 24 /PRNewswire/ -- Martin Color-Fi Inc. ("MCF")announced today that it has been granted exclusive rights by the Clariant Corporation to utilize Clariant's new Nylostab S-EED(R) additive in the manufacture and sale of polyester fiber for automotive applications. MCF isone of the leading producers of polyester for use in the automotive industry and the agreement specifically covers this market segment in the United States, Mexico and Canada. This unique fiber, introduced today by MCF as ColorGuard(TM), is stabilized against the long-term effects of ultravioletlight and heat and provides an improved color appearance. ColorGuard(TM) fiber is a preferred solution available in all of MCF's demanding applications as well as the automotive segment. Stephen A. Zagorski, President and CEO of MCF, commented, "We view this new additive as enabling MCF to provide the next generation of solution dyed polyester fiber." Robert A. Post, Vice President of Clariant's Additives Business Unit added: "We are excited about the impact our product will have in the automotive segment and are pleased to have the opportunity to partner with a significant player in Martin Color-Fi." Martin Color-Fi, Inc. is a leading producer of specialty staple fiber,both solution dyed and natural, for a wide range of markets, including automotive, industrial, home furnishings, floor coverings, apparel, and construction. The company also produces polypropylene and nylon staple fiber,in addition to yarn, pigments and additives.SOURCE Martin Color-Fi, Inc.Copyright 2001 PR Newswire