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Troy Corporation Acquires Micropel LLC

Friday, October 15, 2004 - Florham Park, NJ – Troy Corporation is pleased to announce the acquisition of Micropel LLC, formerly a Division of M2 Technologies, Inc., and its performance product line, which includes specialty biocides for antimicrobial protection of plastics.

Micropel Corporation provides antimicrobial additives to fabricators of polyvinylchloride (PVC), polyurethane, polyolefin, and other plastics used in a wide range of industrial and consumer applications including marine fabrics, refrigerator gaskets, roof membranes, floor and wallcoverings, and pool liners. Combination of the existing Micropel product line with Troy Corporation EPA registered Polyphase products will provide customers with comprehensive choices for antimicrobial protection

The products will be sold globally under the Micropel® name. Customers from any region can now utilize the global sales, technical services, R& D and distribution network of Troy Corporation to obtain improved service and support to grow their business. “The end result,” says Daryl Smith, Troy President and CEO, “is a greater sphere of services and support offered to existing Micropel customers and potential new customers worldwide.”

"The Micropel acquisition underscores the Troy commitment to bringing value-added products and services to the industries we serve," continues Mr. Smith. "The range and performance of these products combined with Troy technical capabilities enable us to respond positively to the rapidly changing needs of customers."

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