PRESS RELEASE

November 3, 2004
11/03/04 TEEL PLASTICS EXPANDS MEDICAL DIVISION

With over fifty years of experience, our medical tubes have been used in a variety of lifesaving products including cardiac catheter packaging, IV sets, antiseptic ampule packaging, laboratory pipettes, swabs, and prefilled syringe packaging. Our medical division continues to develop and extrude cutting edge products that are custom designed, manufactured, and sold to leading medical device manufacturers world-wide. Teel Plastics was one of the first extruders to manufacture multilayer tubing. By using more that one material in the tube we can provide end-use properties that are unique to this type of tubing. Other capabilities we have developed at Teel include multilumen tubing, flex PVC tubing and alternatives to flex PVC. We also have invested in a class 100,000 clean room.

Teel has a history of working closely with our medical customers to develop new products and applications. We have become a one stop shop for many customers that have needs for tubing along with some type of secondary operation or assembly.

We also have seen a trend where many medical customers that extrude themselves are looking at a make or buy decision on their extruded tubing. We recently took over the extruded tubing manufacturing for a major medical account. The feedback from their assembly operation has been that the tubing from Teel is the best tubing they have ever seen.

Quality is critical in medical tubing applications. We have installed computerized SPC workstations at our medical manufacturing facility which will allow us to focus on improving our extrusion process and products. Our impressive quality record has enabled us to be a certified supplier for many companies and our repeat quality has earned us ship to stock status with most of our major customers.

At Teel we are committed to growing our Medical Division through creativity, hard work and the dedication of the amazing group that makes up our medical team. As the diagnostic and interventional medical products industry continues to grow rapidly, our experience makes us uniquely qualified to meet this demand. We will always stay focused on our number one priority- our customers! If you would like more information on any of our medical products contact Jenny Hovde at 608-355-4545 or jhovde@teel.com.

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