Private Investors Purchase Cerex Fabrics

Management and an investor group led by Chicago-based private equity investor Jon S. Vesely have
acquired Cerex Advanced Fabrics Inc., a Cantonment, Fla.-based developer of high-performance
spunbond nylon nonwoven fabrics. Cerex previously operated as a division of Western Nonwovens Inc.

Cerex will maintain its current management structure, and offices and operations will remain
in Cantonment. The new ownership group has announced it is committed to growing the business and
taking advantage of long-term growth opportunities.

“We have benefited greatly from our relationship with Western Nonwovens over the past seven
years, and both Western and Cerex are poised for strong future growth,” said Jim Walker, president
and CEO, Cerex. “With a new portfolio of unique spunbond nylon fabrics based on the
state-of-the-art SpectraMax fine-denier product offering, and the expanded production capacity that
came online in 2006, Cerex is exceptionally well-positioned to serve the growing needs of our
customers in the specialty industrial and consumer fabric markets.”

May/June 2007