Nano-Tex Enters Into Licensing Agreement

Nano-Tex LLC, Greensboro, N.C., has entered into a licensing agreement with Arvind Mills Ltd. and
Ashima Dyecot Pvt. Ltd. whereby the two India-based companies will manufacture knitted and woven
cotton goods enhanced with NANO-CARE® and NANO-PEL® fabric protection. We are pleased to expand our
licensed partners in India, a growing global center of apparel manufacturing, said Donn A. Tice,
CEO, Nano-Tex. The availability of NANO-TEX-enhanced fabrics in this region is critical to
supporting the global supply chain needs of Nano-Texs family of licensed apparel marketers.

July 2003