Zotefoams Plc Regulatory News (ZTF)

28 Aug 2007 07:02

Zotefoams PLC28 August 2007 28 August 2007 Zotefoams plc ("Zotefoams" or "the Company") Announcement of Marketing Alliance Advanced insulation systems for biotechnology and semi-conductor markets Zotefoams (LSE: ZTF.L), the foam technologists, and UFP Technologies, Inc.(Nasdaq: UFPT), a manufacturer of packaging and component products, todayannounce that they have formalised an agreement to work together to target themarket for high performance insulation systems. UFP Technologies ("UFPT") has, using Zotefoams' ZOTEK (R) F fluoropolymer foams,created an advanced insulation system specifically developed for stainless steelprocess lines in clean environments. Branded as T-Tubes (R), these insulationsystems are designed to meet the exacting standards required in clean processenvironments in industries such as biotechnology, pharmaceutical, semiconductorand nuclear. "We believe there is a significant unmet need for cleanenvironment insulation solutions and our partnership with Zotefoams allows us tobring a unique value added solution to the market", said R. Jeffery Bailly,Chairman, CEO and President of UFPT. Zotefoams and UFPT will work together to develop T-Tubes as a worldwide brand.UFPT will market and develop T-Tubes in North America while Zotefoams will beresponsible for marketing and development in Europe, Middle East and Asia.Initially all conversion of foam into finished products will be based in theUFPT facility in Georgetown, MA, USA with foam supplied from Zotefoams' facilityin Croydon, UK. "This is a new and exciting market for both companies and further validation ofthe unique qualities of our new fluoropolymer foams. I am delighted to bedeveloping the T-Tubes product alongside UFPT, a customer of Zotefoams for over20 years", said David Stirling, Managing Director of Zotefoams plc. ZOTEK (R) is a registered trademark of Zotefoams plc T-Tubes (R) is a registered trademark of UFP Technologies Inc. Seewww.t-tubes.com For further information, contact: Zotefoams plc David Stirling Managing Director, Zotefoams plc Tel: +44 (0) 20 8664 1600 www.zotefoams.com or Ben Brewerton / Emma Thompson Financial Dynamics Tel +44 (0) 207 831 3113 UFP Technologies, Inc Ron Lataille CFO UFP Technologies, Inc. Tel: 978 352 2200 www.ufpt.com About Zotefoams Zotefoams plc (LSE - ZTF) is the world's leading producer of light weight,cross-linked, closed-cell, block foams. These pure, consistent foams aremanufactured using a unique environmentally friendly nitrogen expansiontechnology. Zotefoams was the first to develop cross-linked polyolefin foams andis increasingly using its production technology to manufacture foamed materialsbased on high performance polymers. Based in Croydon UK, Zotefoams alsomanufactures in Kentucky USA and markets its products worldwide through a globalsales network. Visit: www.zotefoams.com About UFP Technologies, Inc. UFP Technologies, Inc. (NASDAQ - UFPT) is an innovative designer and customconverter of foams, plastics, and natural fiber products. The company producesa vast array of custom-engineered packaging solutions and component products inten manufacturing facilities across North America. Its customers include leadingcompanies in six core markets: Automotive, Computers & Electronics, Medical,Aerospace & Defense, Consumer, and Industrial. For more information on UFP Technologies' products and capabilities, contact SueMidura, UFP Technologies, 172 East Main Street, Georgetown, MA, 01833, (800)372-3172, visit www.ufptech.com, or email info@ufpt.com. This information is provided by RNS The company news service from the London Stock Exchange