News Release

June 15 , 2005

Fiberex Reaches a Milestone!

Fiberex Glass Corporation as been selected as one of the 100 fastest growing companies in Canada by Profit Magazine (June 2005 issue).

Fiberex has also been identified as the third fastest growing company in the province of Alberta (Western Canada) by registering a revenue growth of 928% since its inception in 1997. These statistics bear ample testimony to the leadership and team spirit which is the bedrock of Fiberex’s phenomenal growth over the years.

Fiberex has been focusing on value-added products over the last two years to cater to the increasing demand for specialized reinforcements. Towards this objective, it has invested in a state-of –the art multiaxial fabrics machine for making fabrics by knitting several layers of fiberglass together.