Fiber Dynamics Management Group Gains Majority Share

A management group headed by Fiber Dynamics Inc.s president, James Heery, has acquired a
controlling interest in the High Point, N.C.-based company from Sommers Inc., Coral Gables, Fla.We
believe this transaction will allow both Fiber Dynamics and Sommers to concentrate on core
businesses, while we continue to develop our presence in the industrial markets with both new and
innovative products and services, said Heery.

October 2002