Concordia Medical To Move Into Larger Facility

Concordia Manufacturing LLC, Coventry, R.I., will move its Concordia Medical business to a new
facility in the Airport Industrial Park in Warwick, R.I. Designed and built specifically for
medical device manufacturing, the 24,000-square-foot facility will include ISO7 and ISO8 clean room
space, development space, test labs, “white manufacturing,” offices and space for future expansion.

The company expects to move equipment into the facility in June, and complete all validation
efforts in August of this year. The Concordia Fibers specialty industrial fibers business will
remain in Coventry.

Concordia Medical’s Biofelt™ bioabsorbable nonwoven tissue-engineering scaffolds have been
undergoing preclinical trials for a range of regenerative medicine  applications. Two of its
medical device customers recently received approvals to conduct human clinical trials for
urological and dental implant applications.

May/June 2008