Newtex Receives Funding To Expand Production, Add Jobs

Victor, N.Y.-based Newtex Industries Inc. — a producer of heat- and fire-resistant (FR) textiles
for military, defense and homeland security; industrial heating and process equipment;
petrochemical and refinery; power generation; shipbuilding; and construction applications — has
received funding for a $720,000 equipment upgrade project in which the company will install new
coating and cutting machines to expand production of its new Z-Flex™ Aluminized textiles. The
investment is funded by a $350,000 loan from the Ontario County Economic Development Corp. (EDC); a
$200,000 loan from PathStone Rural Opportunities Inc.; and $110,000 from Empire State Development
Corp. Newtex is investing $60,000 in the project, and expects to add more than 10 jobs over the
next three years.

Newtex’s Z-Flex multilayered aluminized fabrics are used to make FR apparel and shields to
protect against exposure to hot works or radiant heat sources producing temperatures up to 3,000ºF.
The fabrics integrate the proprietary Z-Flex MLA™, or Multilayer Aluminization process, which
offers reflectivity of up to 95 percent of radiant heat, as well as good durability and flex-bond,
according to the company. Possible base fabrics include E-glass, aramids, oxidized
polyacrylonitrile/aramid blends, Lenzing FR® , Nomex® , polybenzimazole and others.

September 14, 2010