| NEWCOMERSTOWN, OH, USA?Boltaron | | | | Michael Tubridy, President and COO of Klöckner |
| Performance Products LLC, announced today that | | | | Pentaplast/Americas said, “We are excited |
| it is exiting the rigid graphic arts and card | | | | about the opportunity to work with Boltaron |
| markets, and has sold this film business including | | | | management and its customers to facilitate a |
| manufacturing equipment, proprietary technology, | | | | smooth transition of the card and graphic arts film |
| formulations, and trade names, to the Klöckner | | | | business. For Klöckner Pentaplast, this |
| Pentaplast Group (Gordonsville, VA), for an | | | | investment supports our strategic growth plan for |
| undisclosed sum. | | | | 2010 and further demonstrates our continued |
| Boltaron will continue to operate the | | | | commitment to servicing our core markets and |
| Newcomerstown, Ohio, facility for the production | | | | customers.” |
| of film and heavy gauge sheet for aircraft, mass | | | | About the Klöckner Pentaplast Group: The |
| transit, and industrial applications. | | | | Klöckner Pentaplast Group is the world’s |
| "The transaction is strategic for Boltaron," explains | | | | leading producer of films for pharmaceutical, |
| Lawrence J. Schorr, Boltaron's CEO and principal | | | | medical device, food, electronics, and |
| owner. "It will enable Boltaron to focus its capital | | | | general-purpose thermoform packaging, as well as |
| and technical resources on its core business. We | | | | printing and specialty applications. Founded in 1965 |
| are confident that customers will be well serviced | | | | in Montabaur, Germany, Klöckner Pentaplast has |
| by Klöckner Pentaplast, the leading global rigid | | | | grown from its initial facility to 19 current |
| film producer with over 40 years of | | | | production operations in 11 countries. |
| manufacturing experience." | | | | |