Wise Industries And Befama Complete Agreement

Wise Industries Inc., Kings Mountain, N.C., recently reached an agreement with Befama S.A., Poland,
to represent Befamas nonwoven equipment in North America.Befama manufactures a complete line of
high production carding and captured web cross lapping equipment. The agreement will allow Wise to
continue marketing the companys existing product line of value-driven nonwoven equipment and
provide the customer with an additional competitive, quality product line to choose from.The
relationship between the companies allows them to provide complete turnkey nonwoven installations.
The Wise control panel and automation division is able to supply the control systems using U.S.
manufactured components, while its ability to trouble shoot the control system remotely via a modem
will assure reliability and easy access to replacement parts.

May 1999