ADMG-ANVANCED MATERIALS GROUP Message Board

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Microcap & Penny Stocks : ADMG-ANVANCED MATERIALS GROUP

ADMG 0.0305

0.0%

Oct 31 9:30 AM EST

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To: caly who wrote (11)	5/7/2000 8:04:00 PM
From: caly	of 36

Business Strategy The Company's objective is to become a leading supplier of specialty polymeric and advanced materials in both domestic and foreign markets. Polymers are synthetic chemical structures used in a variety of configurations and products. The world wide market for specialty industrial products used as components in industrial products is substantial. Management believes that manufacturers are increasingly recognizing the value in conserving or reallocating their resources by outsourcing the specialty components of their products. The Company is positioning itself in the marketplace to benefit from this trend. In addition, the Company is reviewing strategic acquisition candidates for expansion opportunities. The Company's long-term strategy is to penetrate foreign markets by establishing fabrication plants in such areas as Singapore, Ireland and Mexico. Two fabrication plants, located in Ireland and Singapore, began production in fiscal 1998. The Ireland facility operates as Advanced Materials Ltd., a wholly owned subsidiary of Advanced Materials Group, Inc. The Company formed Advanced Materials Foreign Sales Corporation Ltd., a wholly owned subsidiary of AM to enter into a strategic manufacturing agreement in Singapore. AM FSC Ltd. has entered into a ten year agreement with Foamtec Pte. Ltd. ("Foamtec"). Terms of the agreement call for AM FSC to lease production facilities and workforce to fabricate foam products at Foamtec's Singapore facility. The Company's log-term strategy also includes the identification and acquisition of undervalued entities which will add strategic and economic value to the Company's product line and competitive positioning.

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