President Barack Obama has directed U.S. Trade Representative Ron Kirk to enter into a new round of
negotiations with South Korea on a revised free trade agreement (FTA) that hopefully can lead to
congressional ratification. The Bush administration concluded a FTA with South Korea in June 2007,
but Congress has not been willing to ratify it in view of problems with market access for U.S. beef
and automobiles and other considerations. U.S. textile manufacturers have been opposed to the
agreement in view of the fact that South Korea has a large, efficient textile industry that poses a
threat to them, and they see little in the way of increased access to the Korean market. While the
current agreement has a yarn-forward rule of origin, U.S. manufacturers are concerned that it does
not provide for effective Customs enforcement in view of what they say is a  “proven history”
of both dumping and transshipments of goods from China, where Korean firms have extensive
investments.

The existing agreement has been attacked by the United Auto Workers and U.S. auto
manufacturers, and Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee, will demand
more market access for U.S. beef exports.

Kirk said he welcomes Obama’s direction to complete a FTA by the time the president visits
South Korea in November, which, incidentally, will be after the elections.

Kirk said he has conducted extensive discussions with a wide range of stakeholders and
congressional leaders to gain a detailed understanding of their concerns. He promised that these
discussions will continue throughout the upcoming consultations and negotiations with South Korea.

July 6, 2010

Glen Raven Technical Fabrics LLC — a division of Glen Raven, N.C.-based technical fabrics
manufacturer Glen Raven Inc. — has added fabric lamination capabilities to its Park Avenue
finishing plant located in Glen Raven. The company has moved lamination equipment from its
Statesville, N.C., facility to the Park Avenue plant and is offering its Statesville employees the
opportunity to transfer as well.  The Park Avenue plant’s associates will work on further
enhancing the process and developing new product applications.

“By adding lamination capabilities at Park Avenue, we are leveraging our other existing
resources and capabilities in warehousing, inventory management and materials handling,” said Ricky
Michael, vice president for finishing services, Glen Raven Technical Fabrics. “Best of all, by
bringing lamination under the Park Avenue umbrella, we can explore ways to make these processes
more efficient, and we can also develop new product lines using lamination.”

Current applications for the laminated fabrics include curtains used in mines to increase
ventilation and airflow; pool covers and tarps; and Glen Raven’s AutoGuard product line, which
protects components during vehicle assembly. The mine curtains are manufactured by Glen Raven’s
Wilkinson, W.V.-based subsidiary R.J. Stern.

July 6, 2010

Delta Apparel Inc. — a Duluth, Ga.-based manufacturer of branded and private label activewear —
has signed a letter of intent to acquire Wendell, N.C.-based HPM Apparel Inc., a designer and
marketer of decorated casual apparel and doing business as The Cotton Exchange. Founded in 1984,
The Cotton Exchange sells mostly to college bookstores, the U.S. military and other retailers under
“The Cotton Exchange,” “TCX” and “Just For Us” brands. The company will maintain its headquarters
and operations in Wendell, and its approximately 290 employees will retain their jobs after the
acquisition. 

“We are excited about the acquisition of The Cotton Exchange as it continues our strategy of
growing the company’s business within the college bookstore market and further strengthens our
military and retail channels,” said Robert W. Humphreys, chairman and CEO, Delta Apparel. “In
addition, this business provides us additional U.S. screen print and embroidery capacity, further
enhancing our speed to market initiatives. Delta Apparel is eager to begin working with the
existing management team to continue to grow “The Cotton Exchange” as well as the company’s other
brands.”

The acquisition will include associated inventory, accounts receivables, and fixed assets of
HPM Apparel’s business as well as assumption of certain liabilities. Delta Apparel expects The
Cotton Exchange will add approximately $25 million in sales.



July 6, 2010

Sponsors of legislation to impose heavy penalties on imports from countries that manipulate their
currencies reportedly are seeking a vehicle to win Senate enactment of their bill, and both
supporters and opponents have weighed in heavily through widespread contacts with senators.

The legislation in question is the Currency Exchange Rate Oversight Reform Act, which
currently has 19 sponsors in the Senate. The bill would require the Department of the Treasury to
act when it finds an undervalued currency. It calls for “immediate” negotiations with the country
involved, and if the problem is not resolved within 60 days, punitive measures — such as
preventing the federal government from buying goods and services from those countries — should be
taken. If the problem is not resolved after a year, the bill requires the U.S. Trade Representative
to bring a case against the foreign government to the World Trade Organization (WTO). The bill also
provides the Department of Commerce with formulas to impose penalties for dumping and undervalued
currencies. China’s alleged currency manipulation is the primary target of the legislation.

While anti-currency manipulation legislation has considerable support in both the House and
Senate, the Obama administration is opposed to going the legislative route, preferring instead to
seek reform through negotiations. As a result, the currency reform legislation very likely could
not be enacted on its own merits, so sponsors are considering attaching it as an amendment to
another popular bill that the President would be reluctant to oppose.

A coalition of 28 associations — including the U.S. Chamber of Commerce, the Business
Roundtable, the National Retail Federation and the American Apparel and Footwear Association — has
written to senators urging them to oppose the amendment.

“We agree that China needs an exchange rate that better responds to global trade flow, and
believe that China should implement concrete measures to move toward a market-determined exchange
rate,” their letter says. “We strongly disagree that legislation is the best means to achieve that
goal.” Instead, the letter states, “We believe the United States should continue to work
multilaterally and bilaterally to press China to allow market forces to determine the value of its
currency. Furthermore, we need to see if China’s recent policy shift to allow greater exchange rate
flexibility will lead to meaningful movement in its currency value.”

The letter says the coalition opposes using anti-dumping and countervailing duty laws in
connection with currency imbalances, saying estimations of the correct currency value would be
“inherently subjective, unilateral and potentially politicized.” The letter adds that the
legislation would appear to violate the U.S. commitment to the WTO’s rules  governing the
calculation of anti-dumping duties and the types of subsidies that are subject to countervailing
duties.

The amendment is supported by the Fair Currency Coalition, which includes the  American
Manufacturing Trade Action Coalition, the National Textile Association, the National Council of
Textile Organizations, the U.S. Industrial Fabrics Institute, the  American Federation of
Labor Industrial Council, 10 other trade unions and some 30 manufacturing organizations.

In their letter to senators, coalition members note that the opponent’s letter admits “China
needs an exchange rate that better responds to global trade flows,” but,  “It offers no
practical, logical path to reach its conclusion that the U.S. needs a comprehensive and coordinated
strategy to confront the challenges posed by China’s state capitalism and mercantilist currency
policies. The currency coalition claims there is no reason to expect China to act quickly on
currency reform as China’s President Hu Jintao has emphatically stated that the yuan already is
“close to fair value.”

The coalition rebuts the opponents’ charges that the legislation presents WTO problems,
saying the Senate should ignore the “spurious arguments advanced in the opposition letter and boost
job creation by doing the right thing — passing an effective, WTO consistent trade remedy without
further delay.”

July 6, 2010

The Netherlands-based polyester fiber manufacturer Advansa has introduced three developments using
its thermoregulating, moisture-wicking Thermo°Cool™ technology.

The company has partnered with Hong Kong Non-woven Fabric Industrial Co. Ltd., a Hong
Kong-based fiberfill and insulation manufacturer, to debut ThermoCool Thin, a compact, high-density
insulation that inhibits condensation. The technology features 50- percent multi-channel fibers
that enable condensation to move quickly from the inside to the outside, improving the wearer’s
comfort and also retaining high insulation values owing to the combination of differently
engineered cross sections in the fiber mix. ThermoCool Thin was developed to be used as an
interlining, such as for use as a windbreaker insulator; and also is suitable for baffle
constructions, according to Advansa.

Advansa has teamed with its network of licensed yarn texturizing partners — Spain based
Dúctel S.A., Italy-based ContiFibre S.p.A. and China-based Shanghai Duwell Textile Co. Ltd. — to
employ the latest air-jet texturizing technology on ThermoCool fine fibers to create a man-made,
thermoregulating performance yarn that replicates cotton’s soft structure at a microscopic level.
Developed for use in performance sportswear apparel, ThermoCool Soft’Tech provides superior
evaporative cooling but feels like cotton and has a soft hand, Advansa reports. The yarn initially
was tested at the 2010 Winter Olympic games by the Czech National Olympic Team in first-layer
apparel and reportedly offered outstanding performance and comfort. Advansa will provide retailers
with exclusive Soft’Tech hangtags in addition to ThermoCool hangtags.

The company also has debuted ThermoCool with UPF, a fiber that not only offers cooling and
thermobuffering qualities but also provides ultraviolet protection. Advansa is offering a rating
system with ultraviolet protection factors (UPFs) of 15+, 25+ and 40+ for the fabrics, which are
tested according to various influencing factors and are then given one of the three labels,
according to the level of protection provided.

In other company news, Czech Republic-based Northman Outdoor Ltd. is offering a new line of
ThermoCool performance socks. The socks provide moisture-management and temperature-regulation
properties as well as enhanced air circulation.

July 6, 2010

GAINESVILLE, Florida — June 28, 2010 — Quick-Med Technologies, Inc., a leader in developing
innovative antimicrobial technologies for the healthcare and consumer markets, today announced its
application for U.S. Environmental Protection Agency (EPA) registration of the Company’s
proprietary Stay Fresh™ antimicrobial textiles technology.

Stay Fresh provides durable, long-lasting antimicrobial efficacy against 99.999% of both
Gram-positive and Gram-negative bacteria, for as many as 75 laundering cycles. To obtain EPA
registration for Stay Fresh, Quick-Med has submitted data to the agency showing that an inert
binder in the formulation bonds the active agent to the fabric. This inert binder tethers the
eco-friendly active ingredient to fibers or fabrics to eliminate odor causing bacteria and fungi.
The Company notes that EPA has not yet evaluated or approved the efficacy or other data submitted
to support its registration.

 

“We are pleased to announce our submission for EPA registration of Stay Fresh,” said Dr.
Gerald M. Olderman, Vice President of Research and Development at Quick-Med Technologies. “Today’s
leading freshness-enhancing textiles technologies are not very effective against certain types of
bacteria and cannot maintain efficacy after repeated laundering. Pending EPA registration, Stay
Fresh can provide antimicrobial protection within a variety of textiles, allowing textile
manufacturers to meet growing consumer demand for fabrics that protect against infection and odor
causing bacteria. With bacterial resistance on the rise, our Stay Fresh technology is particularly
ideal for workers in the medical and educational fields, armed forces, and other communal settings
where risk of infection is high.”

In the U.S., hospital- and community-acquired infections are preventable epidemics that cause
100,000 deaths and cost the healthcare system $10 billion each year.



About EPA Registration

The Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) requires the registration of
any substance intended to prevent, destroy, repel, or mitigate pests. The U.S. Environmental
Protection Agency’s (EPA) registration process evaluates an antimicrobial to determine that it will
not have unreasonable adverse effects on humans, the environment and non-target species. To make
such determinations, EPA requires scientific studies and tests from applicants. Once registered, a
pesticide may not legally be used unless the use is consistent with the approved directions for use
on the pesticide’s label or labeling.

More than 5,000 antimicrobial products are currently registered with EPA and sold in the
marketplace. Nearly 60% of antimicrobial products are registered to control infectious
microorganisms in hospitals and other health care environments. For more information please visit
www.epa.gov.

About Stay Fresh™

Stay Fresh™ is Quick-Med’s newest patent-pending technology platform, offering textile
companies a breakthrough in antimicrobial protection to enhance and differentiate their products.
Today’s leading freshness-enhancing textiles technologies unable to destroy certain bacteria and
unable to maintain efficacy throughout the life of the product. Stay Fresh is designed to overcome
these limitations by providing cost-effective, durable, and sustained antimicrobial protection.
Stay Fresh provides durable, long-lasting antimicrobial efficacy against 99.999% of both
Gram-positive and Gram negative bacteria. The safe, eco-friendly active ingredient in Stay Fresh is
bonded to fibers or fabrics to retain its efficacy for as many as 75 laundering cycles, in hot or
cold water. The Company notes that EPA has not yet evaluated or approved the efficacy or other data
submitted to support its registration.

Stay Fresh is ideally suited to a wide variety of potential applications, including essential
apparel, work wear, active wear, bedding and health care textiles, and compatible with multiple
white and colored fabric types and compositions.

About Quick-Med Technologies, Inc.

Quick-Med Technologies, Inc. is a life sciences company that is developing innovative
technologies for the healthcare and consumer markets. For more information, see:
www.quickmedtech.com.  

Posted on July 6, 2010

Press Release Courtesy of Quick-Med Technologies Inc.

Singapore — June 25 , 2010 — Huntsman Textile Effects is pleased to announce the launch of a new
finish to its very popular and innovative High IQ® brand. High IQ® Clean and Dry Comfort is a brand
new effect which prevents water from penetrating the fabric for a clean, dry and comfortable
feeling. The special waterproof finish creates a barrier effect, repelling liquids which simply
pearl off.

A repellent finish built into the fabric reduces the surface tension of the textile to such
an extent that it simply blocks liquids from penetrating. It has no affect on the natural
properties of the fiber’s appearance or breathability; on the contrary, it even enhances the fabric
with a soft handle. Thanks to a new innovative hydrophobic system, based on non-fluorine
technology, the finish can withstand up to 30 washes.

High IQ® Clean and Dry Comfort is both economical and environmentally friendly. Higher color
retention, longer lasting fabrics and faster drying properties mean lower costs and less pollution.
The finish is suitable for all fibers and constructions, and provides excellent shade consistency
even for high whites and pastels making it ideal for garments and home textiles.

In addition to the above, High IQ® has also freshness effects in two new varieties to better
meet the needs of today’s modern society.

High IQ® Freshness on Demand – where consumers can actually choose a scent to match their
mood! High IQ® Active Freshness – with a built-in antibacterial which protects the wearer from
malodors. Whether it is High IQ® Active Comfort, Cool Comfort, Easy Care, Lasting Color and Sun
Protection or Sun Protection for Kids, every finish in the High IQ® range contributes actively to
resource saving by using less water and energy and thanks to lasting performance.

Posted on July 6, 2010

Press Release Courtesy of Huntsman
Textile Effects

Australia — July 3, 2010 — As a renewable, sustainable natural fibre to live with, Australian
Merino wool has been showcased at World Expo 2010 Shanghai.

With 40,000 visitors to the Australian Pavilion every day and close to 3 million visitors
since the Expo began in May, it was a perfect platform to communicate the benefits of living with
wool throughout life. Its natural attributes being perfectly suited for baby and children’s wear,
casual mens and womenswear, officewear as well as sports/outdoor wear.

At the Australian Merino Forum, leading Chinese wool companies, Australian woolgrowers,
brands and designers all spoke on a range of wool industry topics to a wide audience of onlookers
and media.

Woolgrower Helen Cathles outlined the natural and sustainable environment in which wool is
grown, while Australian Wool Innovation (AWI) Country Manager-China Sam Guthrie discussed the
importance of innovation and partnerships within the industry.

In thanking Austrade for the opportunity to champion Australian wool, Mr Guthrie added how
the fibre and the country were closely linked.

“The diversity of the Australian landscape provides a wonderful metaphor to Merino wool –
which we think is the most diverse natural fibre on the planet; worn for its performance, its
beauty and the natural protection it provides us for every stage of life,” he said

Woolmark Prize winner and high profile designer Qiu Hao joined some of the largest Chinese
manufacturers of wool products such as Jiangsu Sunshine, Shandong Ruyi and Zhejiang Xinao to
outline the latest fibre innovations and technology.

The event is supported by AWI and partners which include Austrade, Australian Superfine
Woolgrowers Association, Chinese Wool Textile Association, Hangzhou JNBY Apparel Co. and Donghua
University.  

For more information from the Australian pavilion at World Expo 2010 Shanghai:
http://www.australianpavilion.com.

FAIRFAX, Virginia — June 29, 2010 0 — SGIA is now accepting entries for its esteemed 2010 Golden
Image Competition, which annually recognizes the most innovative work in the digital and screen
printing marketplace. Entrants will be honored at the 2010 SGIA Expo (Las Vegas, October 13-15).

This is a great opportunity for SGIA members to compete against the best in the specialty
imaging community and display their work to thousands of Expo attendees. Winners receive industry
respect and gain extensive media coverage.

“Our work was compared to the best in the world and we came out on top! That’s quite an
accomplishment,” said 2009 Golden Image award winner Keith Rosenthal, Mcloone (La Crosse,
Wisconsin).

In its 30th year, the Golden Image Competition distinguishes industry-leading excellence and
includes almost every item created by the specialty imaging process – no matter how complex.
Entries will be judged by a panel of industry peers who will determine a winner in each of the
40-plus categories, and every entry is considered for the “Best in Show” award (digital and screen
printing) and the “Best in Creativity” award (digital printing).

Online entries and payments must be submitted to SGIA no later than midnight, September 24,
2010 EDT. For more information about the Golden Image Competition and to enter, visit
SGIA.org, Keyword: GoldenImage.

SGIA – Supporting the Leaders of the Digital & Screen Printing Community “Specialty
imaging” comprises digital imaging, screen printing and the many other imaging technologies SGIA
members use, including those they’ll tap in the future. These are the imaging processes and
technologies employed to create new products and to enhance existing products including
point-of-purchase displays, signs, advertisements, garments, containers and vehicles. Make the most
of your specialty imaging business.

Posted on July 6, 2010

Press Release Courtesy of SGIA