BBA Acquires AQF Nonwovens Group Reorganizes

BBA Group PLC., London., has completed the acquisition of AQF Technologies LLC, Charlotte, N.C. BBA
previously owned 15 percent of AFQ and has now acquired the other 85-percent interest held by AQF
Holdings Inc., an affiliate of Germany-based Hoechst AG.In other company news, BBA Nonwovens Group
Americas has consolidated into two divisions.The MedicalandIndustrial Division includes the
filtration, construction and agricultural products, industrial products, medical and consumer care,
and packaged and specialty products businesses, supported by BBAs facilities in Old Hickory, Tenn.;
Lewisburg, Penn; and Bethune, S.C.The Hygiene Division, comprised of the baby care, adult
incontinence, FemCare and natural fibers businesses, is supported by BBAs plants in Simpsonville,
S.C.; Washougal, Wash.; Green Bay, Wis.; Griswoldville, Mass; Toronto, and Mexico.

December 2000

Worldtex Inc Comments On Status Of 9-5-8 Senior Notes

HICKORY, N.C., Dec. 15 /PRNewswire/ — Worldtex Inc. (OTC Bulletin Board: WTXI) said that it had
not made the$8.4 million interest payment due today on its 9-5/8 % Senior Notes.The Company said
that it will take advantage of the 30-day grace periodpermitted under the indenture governing the
Senior Notes to continuediscussions with an unofficial committee of creditors representing nearly
two-thirds of the principal amount of the Senior Notes regarding a potentialrestructuring of
Worldtex’s capitalization. Barry D. Setzer, Chairman and Chief Executive Officer of Worldtex,
said:”We are very pleased with the current status of negotiations, as everyone hasdemonstrated a
desire for a quick resolution of this financial restructuringeffort. We are optimistic that the
Company and the committee will be able toagree in the very near-term to a consensual transaction
that will provide anappropriate capital structure for Worldtex without interrupting the
day-to-daybusiness of the Company. We appreciate the continued support of ouremployees, customers,
vendors, bank lenders and noteholders.” Rob Hamwee, a Managing Director of GSC Partners, the
largest holder ofWorldtex’s 9-5/8 % Senior Notes and a member of the unofficial committee,added:
“The committee is enthusiastic about the progress that we have made inour discussions with the
Company regarding the proposed restructuring ofWorldtex’s capitalization, and we believe the
prospects to be good for aprompt agreement and successful implementation of a restructuring plan.”
Statements regarding the expected financial restructuring, as well as anyother statements that are
not historical facts in this release, are forward-looking statements that involve certain risks,
uncertainties and assumptions.These include but are not limited to delays in negotiations,
inability toreach final agreement, failure of the satisfaction of conditions, a furtherdecline in
the Company’s financial results and other factors detailed in theCompany’s most recent Form 10-K
and other filings with the Securities andExchange Commission (SEC), which are available free of
charge on the SEC’swebsite at http://www.sec.gov. Should one or more of these risks or
uncertaintiesmaterialize, or should underlying assumptions prove incorrect, actual resultsmay vary
materially from those indicated. Worldtex is a market leader in the covered elastic yarn and narrow
elasticfabric markets throughout the Americas and Europe. Worldtex supplies a broadrange of
component products to the apparel, textile, home furnishings andspecialty end-use markets.SOURCE
Worldtex, Inc.

Copyright 2000
PR Newswire

PH Pencil From SDL America

SDL America Inc., Charlotte, N.C., has introduced a pH pencil, for quick and easy determination of
surface pH on wet or dry goods, yarns, or solutions, if a few drops are placed on a filter paper. A
pencil mark on the substrate will change color according to the pH of the material. The mark can
then be compared to a color chart, on which each color corresponds to a certain pH.

December 2000

OshKosh B39 Gosh Inc Announces Stock Repurchase Program

OSHKOSH, Wis., Dec. 12 /PRNewswire/ — OshKosh B’Gosh Inc. (Nasdaq: GOSHA) announced today that its
Board ofDirectors has authorized an addition of 1 million shares to its current ClassA Common Stock
repurchase program. The current program, announced December 7,1999, authorized the repurchase of up
to 1.5 million shares of the Company’sClass A Common Stock. To date, the Company has repurchased
819,600 shares under the repurchaseprogram. The addition of 1 million shares to this program
effectivelyauthorizes the Company to repurchase an additional 1,680,400 shares. Sharerepurchases
can be in open market transactions and/or in privately negotiatedtransactions at prevailing prices.
The amount and timing of any stockrepurchases will depend upon the market performance of the
stock,availability, and alternative uses of company funds, as well as other factors. The total of
1,680,400 shares of Class A Common Stock that may berepurchased by the Company constitutes
approximately 13.8% of the Company’stotal outstanding Class A and Class B Common Stock and
approximately 16.9 ofits outstanding Class A Common Stock. OshKosh B’Gosh, Inc. is best known as a
premier marketer of qualitychildren’s apparel, available in over 80 countries around the world.
TheCompany is headquartered in Oshkosh, Wis.SOURCE OshKosh B’Gosh, Inc.Web Site:
http://www.oshkoshbgosh.com

Copyright 2000
PR Newswire

Carter39 S Develops Unique Flame-Resistant Sleepwear Line

MORROW, Ga., Dec. 11 /PRNewswire/ — Carter’s, the number-one youngchildren’s apparel brand, today
announced the launch of an innovative line offlame-resistant cotton sleepwear. After years of
development and rigorous laboratory testing to meet the135-year old company’s strict safety and
high quality standards, the exclusiveline of new sleepwear incorporates Carter’s hallmark
manufacturing processwith PROBAN(R) cotton, a trademarked quality product used successfully in
theU.S. for over 15 years in clothes for adults. The products provide parentswith a new option.
Children can now sleep in soft, comfortable loose fittingpajamas. Current U.S. law requires
non-flame resistant cotton sleepwear to betight-fitting. Carter’s new sleepwear line uses PROBAN
treated cotton fabricto provide flame-resistant qualities while maintaining the soft,
moistureabsorbent qualities of cotton. The new fabric is flame resistant which meansit will
self-extinguish if ignited. The flame resistant qualities are builtinto the fiber itself and are
durable for the life of the garment. Available in Spring 2001, Carter’s line is offered in soft
cottontwo-piece styles in a variety of colors and patterns. Artwork has beencreated by Emu Namae, a
blind Japanese artist who has formed an on-goingalliance with Carter’s. The art includes playful
frogs and giraffes, delicatebutterflies and flower petals, in striking color combinations. The
pajamaswill be in department stores and specialty stores nationwide beginning inJanuary. Fred
Rowan, chairman and chief executive officer of Carter’s, commented:”Carter’s has long been known
for making safe, flame-resistant sleepwear. Wewaited years to introduce flame-resistant cotton
sleepwear because we wantedto develop a product that was safe, comfortable and affordable. Over
theyears, we passed on alternative fabrics and fibers because they didn’t meetour high standards.
We know that children across America sleep in ourproducts every night and we take their safety and
comfort very seriously. Weare pleased to introduce such a superior product and know that it will
set thestandard for the industry.” Known to millions of mothers and grandmothers, Carter’s is the
number-onebrand for children, newborn through age six. The company has long beenrecognized for its
creativity and innovation in design and productintroductions. Visit Carter’s Web site at
http://www.carters.com or call1-888-STAYLITTLE to learn more about Carter’s products. PROBAN is a
registered trademark of RHODIA Consumer Specialties Ltd,formerly owned by AlbrightandWilson UK
LtdSOURCE Carter’sWeb Site: http://www.carters.comC

opyright 2000
PR Newswire

Liz Claiborne And Haggar To Enter Licensing Agreement

New York City-based Liz Claiborne Inc. announced today that it has reached an agreement in
principle with Haggar Clothing Co., a wholly owned subsidiary of Dallas-based Haggar Corp., to
license dress pants, casual pants, and shorts under the Claiborne label.The collection will be
introduced to the trade in January 2001 and will offer the consumer the style and fit of the
Claiborne brand with the value expected of main-floor product. The collection will include casual
and dressy pants, available in fabrics ranging from wool blends and basic twill to corduroys and
soft-structured denim at suggested retail price points ranging from $50 to $65. The collections
will be available in stores in June 2001.This partnership with Haggar will take Claiborne to the
main floor of department stores and raise market share, brand awareness and preference for the
Claiborne brand as a whole, said Karen Murray, president, Liz Claiborne.

December 2000

Burlington Completes Refinancing Of Credit Facility

GREENSBORO, N.C., Dec. 6 /PRNewswire/ — Burlington Industries, Inc.(NYSE: BUR) announced today
that it has entered into an amended and restatedbank credit facility with its existing lenders
which extends the maturity ofthe facility for up to two and one-half years. The facility provides
forrevolving and overnight loans and letters of credit aggregating $600 million.Under the amended
facility, the company has unused capacity of $175 million asof this date.Loans under the amended
facility will bear interest at LIBOR plus 3.25% orthe prime rate plus 2.25%. Unused portions of the
total commitment bear acommitment fee of 0.50%. Loans are now secured by a first priority lien
onsubstantially all of the company’s U.S. assets (excluding receivables whichcontinue to secure a
five year $225.0 million trade receivables financingagreement). The amended bank credit facility
commitment reduces to $525.0million on September 30, 2001 and to $450.0 million on September 30,
2002.Financial and negative covenants in the amended facility are more restrictive. George W.
Henderson, III, Chairman and Chief Executive Officer, said, “Weare pleased to have concluded these
financial agreements. This creditfacility is visible evidence of the strong continuing support from
ourlenders. The liquidity and financial flexibility provided by this financingwill enable us to
move forward with confidence as we work to improveoperations and reduce debt.” This press release
contains statements that are forward-looking statementswithin the meaning of applicable federal
securities laws and are based uponthe company’s current expectations and assumptions, which are
subject to anumber of risks and uncertainties that could cause actual results to differmaterially
from those anticipated. Such risks and uncertainties include,among other things, global economic
activity, the success of the company’soverall business strategy including successful implementation
of the company’sfive-point plan, the company’s relationships with its principal customers
andsuppliers, the success of the company’s expansion in other countries, thedemand for textile
products, the cost and availability of raw materials andlabor, the company’s ability to finance its
capital expansion andmodernization programs, the level of the company’s indebtedness, ability
torefinance, and the exposure to interest rate fluctuations, governmentallegislation and regulatory
changes, and the long-term implications of regionaltrade blocs and the effect of quota phase-out
and lowering of tariffs underthe WTO trade regime and of the changes in U.S. apparel trade as a
result ofrecently enacted Caribbean Basin and Sub-Saharan Africa trade legislation.SOURCE
Burlington Industries, Inc.Web Site: http://www.burlington-ind.com

Copyright 2000
PR Newswire

Teijin In Negotiations With Acordis To Acquire Twaron

Japan-based Teijin Ltd. is negotiating with Netherlands-based Acordis to acquire Twaron Products
BV, Acordis Twaron® paralinked aramid fiber business. Both firms expect to conclude an agreement in
the near future. The acquisition is subject to regulatory approval. Teijin is seeking to acquire
all shares in Twaron Products and Twaron Products Twaron sales company in Germany, as well as
Twaron-related activities in the United States and Brazil, and sales and marketing activities
worldwide. Upon approval of the acquisition, Twaron Products will become a Teijin subsidiary named
Teijin Twaron BV and will continue its business as part of Teijins global fibers
organization.Shosaku Yasui, president and CEO, Teijin, said, This transaction is a key step in our
strategy to establish a truly global presence with a broader array of products in a core Teijin
material aramid fibers and is one that promises strong growth potential.

December 2000

Quality Fabric Of The Month: Sensuously Comfortable


QFOM_217T
he challenges faced by the U.S. textile industry today are well known to the readers of ATI. These challenges are causing many companies to consider new strategies to maintain a competitive edge in the world marketplace. Faced with the incursion of inexpensive synthetic fibers from Asia, Wellman Inc., Charlotte, N.C., producers of Fortrel® polyester and Fortrel Ecospun®, recognized the necessity of choosing between two strategies for success — either to become a purely commodity-driven enterprise offering no distinguishing attributes to set its products apart from others in the marketplace, or, as Tom Duff, chairman, stated, “to be creative, innovative and unique enough to allow us to make a profit and give our customers differentiated products that they could make money on as well.”Spurred on by an additional challenge from Andy Warlick, president of Parkdale, the Gastonia, N.C., producer of cotton and cotton-blend yarns and a winner of ATI’s Award for Innovation, Wellman embarked on the latter path.

Warlick was looking for a new synthetic fiber that combined cotton-like aesthetics with theperformance of the most technologically advanced fibers on the market.

Over two years, the companies collaborated, combining Wellman’s chemical expertise and Parkdale’s understanding of cotton to produce Sensura™, “a fiber that we think will revolutionize the industry in the 21st century,” Warlick said.

Sensura’s Attributes

Sensura Type 870 staple fiber has a molecular structure with a rounded edge rather than the hard edge of a cotton molecule. It is low-pilling, semidull, optically brightened and disperse-dyeable. Wellman’s proprietary technology has produced a fiber that, according to various
tests, is superior to cotton in relation to perceived comfort, shrinkage, moisture-vapor transmission, wicking, drying time and pilling.

The fiber is also environmentally and economically superior because it dyes at lower temperatures than other fibers, therefore requiring less energy. It also uses no dye carriers and requires less dyestuff than other synthetics, further lessening its environmental impact.
Furthermore, it dyes in a range like most natural fibers. And, because lower dye temperatures are required, it is compatible with other synthetic fibers, such as spandex.

Sensura feels like the finest long-staple cotton — better than cotton, some would say. When combined with such fibers as spandex, it can even feel sensuous, almost like silk. It is resilient, colorfast, shrink- and wrinkle-resistant, durable and breathable. Because of its moisture-management properties — it dries 100 percent faster than cotton and moves perspiration from the skin through the fabric’s microclimate to evaporate on the surface — it keeps the wearer cool or provides insulation, according to the demands of the moment.

Sensura For Casual Lifestyles

With its ease of care and comfortable feel, Sensura is well-suited for activewear, casual sportswear and lingerie. It is also suitable for home fashions, such as knitted and woven sheets.

Warlick is optimistic about Sensura’s prospects for success, stating, “By working together with innovative mills and fabric designers, we believe Sensura has unlimited potential.” Fabrics currently in production include knits from Dyersburg Corp.’s Alamac Knits, Dyersburg Fabrics and
United Knitting; Kronfli Spundale Knitting; and Dolphin Trimming Inc. Other companies developing fabrics include Intex Corp., VF Knitwear, Nike, Patagonia, Pillowtex (Fieldcrest-Cannon), M.J. Soffee Co., Galey & Lord, Guilford Mills and Swift Denim.


For more information about Sensura, contact Joyce Basden, Wellman Inc., (704) 357-2066;
e-mail joycebasden@wellmaninc.com.


December 2000

BioShield Signs Distribution Agreement With Apollo

Atlanta-based BioShield Technologies Inc. announced that it has signed a distribution agreement
with Apollo Chemical Corp., Burlington, N.C., to distribute BioShields patented antimicrobial
products, AM500 and BST1860. Annual sales are estimated at $1 million.This agreement with BioShield
Technologies Inc. allows Apollo Chemical to offer an EPA-registered, patented antimicrobial
technology to our customers in the United States and overseas, said Ed Rish, vice president,
Apollo.Tim Moses, president and CEO, BioShield, stated, We are very pleased with our agreement with
Apollo Chemical, a company that is clearly a leader in the textile chemical industry. We are
equally excited about their ability to provide their clients with the antimicrobial agent theyve
needed.

December 2000

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