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press releaseS
RADICISPANDEX ANNOUNCES SENIOR MANAGEMENT CHANGES
 MARTY MORAN PROMOTED TO CEO;
ROB REBELLO JOINS RADICISPANDEX BOARD OF DIRECTORS
Gastonia, NC, February 21, 2007 --- RadiciSpandex Corp. announces that effective February 28, Global Sales Manager Marty Moran will be promoted to CEO of RadiciSpandex Corp. and CEO Rob Rebello will transition from his current post to a position on the Company’s board of directors. The changes follow a decision by Rebello to pursue an entrepreneurial opportunity heading up a new U.S. operation for an Italian firm.
“On behalf of The Radici Group, I am very pleased that Rob Rebello can accept such an exciting career opportunity and still provide RadiciSpandex the benefit of his expertise through an ongoing role as a Radici director,” said Luciano Radici, Regional Director - Americas at The Radici Group. “Marty Moran has proven to be a valuable player on the Radici Group team and has demonstrated excellent leadership skills that will maintain and expand the competitive position of RadiciSpandex in the global elastane market.”
Moran’s elevation to CEO comes little more than a year after his promotion to Global Sales Manager overseeing all sales and marketing activities for the company. Moran’s experience reflects more than 13 years of proven sales growth in the global textile and nonwoven fabric markets. In recent years he was responsible for RadiciSpandex’s largest customer accounts and spearheaded the Company’s successful business efforts in the nonwoven, heavy denier and Central American markets, resulting in an additional ten percent market growth for the company.
 Based in Gastonia, NC, RadiciSpandex Corp. manufactures polyether-based spandex in Tuscaloosa, AL, and distributes throughout the world. Spandex deniers 10 through 1680 are produced for markets including: intimate apparel, swimwear, activewear, ready-to-wear, sportswear, covering, denim, sweaters, narrow fabrics, personal care / diapers, medical, industrial, hosiery, wovens, automotive, food handling, control garments, and socks. The Company excels in customer relations and technical expertise and its fibers are NAFTA, CAFTA, CBI, and Andean Pact compliant.
RadiciSpandex Corp. is a U.S. subsidiary of The Radici Group, an Italian entity that employs over 4,900 employees at 48 production units in 15 countries worldwide. The Radici Group is today one of the most active Italian chemical groups on an international level whose diversified business activities focus on chemicals, plastics, fibers, textiles and auxiliary activities. Synthetic fibers (nylon, polyester, polypropylene and spandex/elastane) are the core activity of the group with the main fields of application being: apparel, home furnishings, automotive and sports as well as cutting-edge materials for technical uses. For more information on RadiciSpandex and The Radici Group, visit www.radicispandex.com and www.radicigroup.com.
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EDITORS: Digital headshots of Marty Moran and Rob Rebello are available upon request.
Contacts:
Fineberg Publicity Inc.
276 Fifth Avenue, Suite 701
New York, NY 10001
Edgar Trinidad, 212-686-7820, edgar@finebergpublicity.com
Erica Fineberg, 212-686-7820, Erica@finebergpublicity.com
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