American Natural, Melatex Agree To Enter Into MOU

Charlotte-based Melatex Inc., a formulator of dyestuffs for the textile industry; and American
Natural Bio-Solvents LLC, Jasper, Ga., a manufacturer and formulator of environmentally friendly
chemicals for the textile and urethane foam industries, have agreed to enter into a memorandum of
understanding (MOU). The companies jointly will produce, market and sell new chemical processes to
industrial sectors in the mid-Atlantic region of the United States; and introduce new chemical
techniques and processes to industries that use chemicals and dyes.

December 2004