MATERIALS & SEALS TECHNOLOGY LEADERS FORM ALLIANCE TO DEVELOP PRODUCTS FOR EXTREME-ENVIRONMENT APPLICATIONS

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MATERIALS & SEALS TECHNOLOGY LEADERS FORM ALLIANCE TO DEVELOP PRODUCTS FOR EXTREME-ENVIRONMENT APPLICATIONS
18 February 2002 - Quadrant EPP

Quadrant Engineering Plastics Products, Reading, PA and The Advanced Products Company, North Haven, CT have formed an alliance for the development of materials and solutions for severe-service sealing applications. The union of the two leaders in their respective industry brings together the extensive high-performance materials technology of Quadrant EPP and Advanced Products long-proven engineering and testing expertise in seals for extreme environments.

Quadrant will promote Advanced Products as a market development partner for finished sealing components and systems using its materials, and provide Advanced with targeted product development and market development support. The company was formerly DSM Engineering Plastic Products, which acquired Polymer Corporation and ERTA, two leading worldwide producers of engineering plastics for machining.

Advanced will provide specific market development support and product technology direction for Quadrant's materials development team in addition to promoting Quadrant's materials as an integral part of their extreme-environment sealing components.

Markets expected to benefit from this unique alliance are: aerospace, chemical processing and production, semiconductor manufacturing, turbo-compressors, oil and gas industries, mechanical sealing and industrial process equipment. The joint efforts of Quadrant and Advanced will focus on North America and Europe. Plans are being readied for similar efforts in the Asian markets.

Glen Steady, President of Quadrant Engineering Plastic Products - Americas, said, "The alliance with Advanced Products is our latest step in advancing our high-performance engineering plastic products for machining and fabrication of seals. Quadrant has an extensive background in polymer materials for the seals market. We look forward to working with Advanced Products to build on its market leadership in this growth industry."

Peter Amos, V-P Sales and Engineering of Advanced Products, said, "We see great potential in being part of an alliance with a materials company specifically focused on providing high-performance plastics for extreme-environment seals. Concentrating on the needs of the extreme-environment seals market has been major factor in the growth of our own business for many years. Now, we will be able to draw upon the ingenuity of Quadrant Engineering Plastic Products. The synergies of our materials, processing, product and market technologies will allow us to provide unique benefits to potential customers worldwide."

The Advanced Products Company, which was founded in 1954, is a global designer and manufacturer of "Seals for Extreme Environments". Advanced's lines of resilient metallic seals and spring energized polymer seals are well known in high-technology and 'mission critical' applications. The alliance with Quadrant complements Advanced's strategy of providing complete, highly engineered, sealing solutions. The company's quality system is certified to ISO 9001. Advanced's first products were metal seals for aircraft engines, a business that continues strongly today. In the late 1950's, the company became very active with major nuclear prime contractors in defining the critical reactor pressure vessel closure-head sealing technology for the new pressurized water reactors and boiling water reactors then being designed for commercial power generation. Advanced Products N.V. Belgium was established as a second major manufacturing center for the company. Advanced Products NV has also provided leadership and innovation in polymer seals for over 25 years, so that today, the Advanced Products Group worldwide offers a comprehensive selection of polymer and metal seals Visit Advanced Products website at www.advpro.com

Quadrant has built a global business focused on high performance engineering plastic products. Today these products include stampable composite thermoplastic sheet, a wide range of stock shape materials for machining, and finished components. Industrial applications range from automotive structural panels, to wear resistant machinery components, to precision machined parts for medical and semiconductor equipment. With sales of more than $300 million and more than 1,400 employees at 27 sites in 17 countries, Quadrant holds leading positions in major markets for our products worldwide. Quadrant's sustained growth will be built on new market and application development for our product lines, and on further strategic acquisitions that strengthen our technology and market expertise.

http://http://www.quadrantplastics.com

About: Quadrant EPP
Quadrant, a Swiss-based public company, is a global leader in high-performance polymer materials and thermoplastic
composites which are superior in performance over metals and other materials. With 1300 employees at 27 specialised
locations worldwide, the Quadrant Group generates annual net sales of over CHF 400 million.

Quadrant develops, manufactures and distributes engineering plastics shapes – rods, bars, plates, sheets, tubes – and machined parts made of PBI, PAI, PEEK, PPS, PTFE, PEI, PPSU, PSU, PC, PET, POM, PA.
Quadrant also produces Symalit fluoroplastics (PVDF, ECTFE, ETFE, FEB, MFA, PFA), injection moulded components and cable protection conduits. Our plastic composites are produced from polypropylene matrices and glass or natural fibres and include glass mat thermoplastics (GMT, GMTex) and light weight reinforced thermoplastics (SymaLITE).

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