Taconic And Dollfus Muller Form Joint Venture

Taconic, Petersburgh, N.Y., and Dollfus Muller, France, recently announced that the companies have
formed a joint venture agreement.The agreement includes the development, manufacture and sales of
PTFE coated fiberglass, kevlar and kevlar/glass belts to the rotary screen print, relax drying and
vapor textile finishing markets.We are truly delighted to have a joint venture agreement with
Taconic, said Oliver Rogues, vice president of business development, Dollfus Muller.Louis P.
Batson, Greenville, S.C., will serve as the exclusive sales and distribution company in the United
States and Canada.

December 1999