Loepfe Completes Expansion

toward the future, Loepfe Brothers Ltd. has expanded its operations with the completion of a new
building. The Switzerland-based provider of electronic on-line quality control systems for spinning
and weaving reports the new facility “strengthens the entrepreneurial infrastructure and opens up
new perspectives for Loepfe.

The new building has increased the company’s office, laboratory and production space and
improved its production flows, enabling increased reaction speed and reduced throughput times,
according to Loepfe. The company anticipates the expansion will allow it to reduce costs while
continuing to grow.

March 2003