Eclypse Investment Group Exits First Principal Investment

July 7, 2006

ATLANTA - Eclypse Investment Group ("EIG") recently announced the sale of its stake in Meltblown Technologies, LLC ("Meltblown"). Meltblown is a leading manufacturer of polypropylene adsorbents used in the industrial and environmental markets.

"At this juncture, our role is complete" commented Curt Noel, an EIG managing director. "We provided a bridge loan at a critical moment in the company's evolution and played a significant role in arranging the company's acquisition of certain strategic manufacturing equipment."

Mr. Noel continued "We then assisted Meltblown locate and occupy its newly-opened Sandersville, Georgia manufacturing facility and secure an attractive senior debt package to support its growth". The debt facility provided liquidity sufficient for the company to repurchase EIG's ownership interest, enabling management to retain a greater percentage.

EIG is a private investment firm located in Atlanta, Georgia.