Press Release

For Immediate Release

AFC Announces Ability to Accept Credit Card Payments

Lake In The Hills, IL – May 28, 2003 -- In response to the growing market demand for alternative, more flexible payment options, Advanced Flexible Composites, Inc. (AFC) has elected to accept credit card and corporate purchasing card payments from its customers.
According to Christopher Lewis, AFC’s CFO, “Over the last couple of years, AFC has seen an increasing number of distributors and OEMs switching to credit card payments in order to both better manage their payables and to utilize the benefit programs associated with these cards for internal incentive plans.” AFC now accepts Visa, MasterCard, American Express, Discover and Diners Club International, notes Lewis.

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 Chris Lewis at (800) 334-9372.