Press Release

For Immediate Release

AFC Announces The Addition of Cullis Associates, Inc.

Lake In The Hills, IL – July16, 2003 – Advanced Flexible Composites, Inc. (AFC) announced the addition of Cullis Associates, Inc. as manufactures representatives in the Mid-Atlantic Region (N.J., DE, N.Y. C. & L.I., PA, MD. & VA.).

Cullis Associates, Inc. represents manufacturers of custom-engineered industrial products for a wide variety of specialty applications. Chuck Crowley, Vice-President of Sales commented” Cullis Associates Inc. will be a great addition to AFC’s sales team. Their years of experience and expertise in specialty niche markets will be very beneficial to our distribution and OEM customer base”.

Frederick Cullis and Albert Pardini will share responsibility for the AFC product line. Fred is a graduate of Rider University. His past positions with Permacel and Allied Signal include Director of Sales and Marketing, Product Manager, Market Research Manager and International Sales Manager. Al is a graduate of Fordham University and served as a Captain in the United States Marines Corps. Past positions with Permacel and Avery Dennison include Plant Manager, Director of Customer Operations, Marketing Manager and Quality Control Manager.

Founded in 1988, AFC, a family owned and operated company, is a world leader in the manufacture of high-performance coated fabrics. AFC sells its products through distributors and OEMs under the trade names DuraFab®, DuraFlow®, DuraSil®, DuraStick®, DuraLam® and DuraChef®. The company designs and manufactures PTFE and silicone coated fabrics and belting, along with an extensive line of pressure sensitive tapes, for use in diverse applications. Typical applications for its products are found in industries such as, aerospace, flexible packaging, screen printing, textile, polymer manufacturing, food processing, chemical, electronics and communications.

For further information, contact Michael Baker, Director of Marketing at (800) 334-9372. You may reach Cullis Associates at 302-234-2427 or visit their website at www.cullisassociates.com.