Pliant and NovaCentrix Forge Alliance to Deliver Nanotechnology in Film Packaging

Business Wire, Sept 25, 2006

CHICAGO -- Pliant Corporation, a global leader in value added films and packaging solutions, and NovaCentrix, a nanotechnology products company with focus on printable electronics, energetics and life sciences, announced today a strategic alliance to create and commercialize solutions for performance and packaging needs. The alliance will allow both companies to drive new growth opportunities and deliver unique value propositions to the industry. Engaging at the product development level and combining NovaCentrix's world-class nanoparticle based inks and coatings with Pliant's high performance films will enable the alliance to accelerate the availability of commercially viable solutions leveraging nanotechnology performance.

"Pliant's commitment to continuous innovation to offer customers unique film and packaging solutions is the driving force behind Pliant's interest in NovaCentrix," said Rick Noller, Director of Marketing, Pliant Corporation. "At Pliant we are dedicated to our research and development efforts to provide our customers differentiated performance and packaging products. Our efforts with NovaCentrix are a significant element of our new product plans and growth initiatives. Pliant's key efforts in new business and consumer applications, as well as unique offerings in RFID and tamper-evident applications, can have a substantial benefit from the collaboration."

"We are impressed with Pliant's understanding of their customers' needs and how to translate those to leverage our unique technology and product base, and we are looking forward to a successful collaboration with Pliant," said Steve Leach, CEO, NovaCentrix.

About Pliant Corporation

Pliant Corporation is a leading producer of value-added film and flexible packaging products for personal care, medical, food, industrial and agricultural markets. The Company operates 23 manufacturing and research and development facilities around the world, and employs approximately 2900 people. For additional information, visit www.pliantcorp.com.

About NovaCentrix

NovaCentrix, a nanotechnology products company, creates and commercializes distinctive solutions with focus on three business segments: printable electronics, energetics, and life sciences. Leveraging their comprehensive expertise in producing and processing the purest and most discrete nanoparticles in the world, NovaCentrix provides integrated solutions that address the entire production process from powder to formulation to processing equipment, for the printable electronics, energetics, and life science applications.

For more information, visit: www.novacentrix.com