DayStrong Acquires Two Businesses From Oerlikon Accotex Texparts

DayStrong Rubber Products LLC — a new company established by a group of former managers of Mauldin,
S.C.-based Oerlikon Accotex Texparts Inc. in partnership with Gastonia, N.C.-based
yarn-manufacturing accessories and equipment supplier A.B. Carter Inc. — has acquired Oerlikon
Accotex Texparts’ vulcanized roll and ribbon roll covering businesses. DayStrong will continue to
operate these businesses at Oerlikon Accotex Texparts’ existing location, retaining the associates
and manufacturing processes associated with the acquired businesses.

DayStrong’s management team includes Gordon Culler, president and CEO; Scott Walton, COO; and
Keith Crowe, CFO. The three executives served at Oerlikon Accotex Texparts altogether for 60 years.

DayStrong primarily produces vulcanized rolls for use on Superba® heat-set machinery used in
the carpet industry. The company also manufactures polyvinyl chloride, rubber and cork/rubber
ribbon roll covering products to provide friction on steel rolls used in textile and other

“This [management buyout] is a great opportunity for our management team to focus on the
production and expansion of the sales of top-quality roll coverings and ribbon products,” Culler
said. “We will continue to provide our customers with the same quality products made with the same
equipment and processes and with the same deep experience of our associates.”

“DayStrong products have a great reputation of excellent quality and service to the markets
they serve,” said Rick Craig, president, A.B. Carter. “We wanted to increase our exposure to
additional quality products serving the carpet and other parts of the textile industry.”

Oerlikon Accotex Texparts also will continue to operate at its existing location in Mauldin
and will continue to serve the textile and carpet industries, offering its cots, aprons and various
rubber products for drawing, roving and spinning applications, and belts for finishing
applications. Sales of these products will be handled by John South Lewis, director of sales,
United States and Canada; and Jim Bane, director of sales, Latin America.

October 1, 2008