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KING PLASTIC AND GELEST ANNOUNCE EXCLUSIVE LICENSE AGREEMENT

Clinical Work Area

The Exclusive License Agreement Provides King Plastic with Use of Biosafe® Antimicrobial for its Polymer Sheets in Markets Such as Architectural, Healthcare and Food Processing

NORTH PORT, FLORIDA, June 16, 2015: A new license agreement with Gelest, Inc. gives King Plastic Corporation exclusive use of Biosafe® antimicrobial additive in polyolefin sheet stock, enabling the company to offer products that retain all of their antimicrobial effectiveness even after fabricating or extensive wear.

Gelest, Inc. manufactures and markets the silicon-based Biosafe® active ingredient. King Plastic has a significant share of the market for polyolefin sheet stock, and under the new license agreement the company will make a growing number of its brands available as an upgrade called King Microshield® protected with Biosafe technology.

Today’s healthcare facilities, commercial laboratories, veterinary facilities and food processing companies will discover new ways to improve the design of their facilities while keeping surfaces and case goods free of contamination by specifying King Microshield® protected with Biosafe, noted Michael Fabbri, national sales manager for King Plastic

“The antimicrobial additive is bonded at the molecular level at the very beginning of our proprietary K-Stran™ production process, keeping it from ever leaching out of the product,” said Mr. Fabbri “This permanently protects the polymer sheet, which means the antimicrobial agent retains its effectiveness throughout the life of the product. When customers fabricate and install our products, the fresh surfaces they create are fully antimicrobial. If heavy abrasion occurs during end use, the antimicrobial additive will never lose its efficacy, unlike antimicrobial surface coatings.”

Biosafe technology provides a more economical alternative to silver-based antimicrobials and avoids problems associated with triclosan, according to Donald J. Wagner II, Gelest’s technical marketing manager. “Biosafe eliminates the safety issues of leaching antimicrobials,” said Mr. Wagner. “And while silver and triclosan compounds alter the DNA of microorganisms, posing the possibility of antimicrobial-resistant mutations, Biosafe is not metabolized by the cell.”

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About King Plastic Corporation. A family-owned enterprise founded in 1968, King Plastic Corporation is a leading manufacturer of quality polymer sheets, slabs, and massive shapes—including several products pioneered by the company. Its polymers are sold worldwide through a network of plastics distributors to customers who fabricate products for the marine industry (King StarBoard® Brand), signage, food service, healthcare, architectural, industrial and other markets. The company headquarters is a 150,000 square-foot manufacturing facility in North Port, Florida. Visit www.kingplastic.com.

About Gelest, Inc. Headquartered in Morrisville, PA, Gelest is recognized worldwide as an innovator, manufacturer, and supplier of commercial and research quantities of over 3,000 organosilicon compounds, metal-organic compounds, and silicones. The company provides focused technical development and application support for semiconductors, optical materials, pharmaceutical synthesis, diagnostics and separation science, specialty polymeric materials, and cosmetics. Visit www.gelest.com.

About Biosafe, Inc. Based in Pittsburgh, PA, Biosafe is the developer of a patented, environmentally friendly antimicrobial polymer. The company licensed its technology to Gelest, Inc. whom supplies unique product formulations to leading consumer, medical and industrial product companies to protect against a wide range of microbes, including mold, mildew, bacteria, algae and viruses. Visit www.biosafe.com or www.gelest.com for more details.