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To: lindao who wrote (41191)	4/4/2000 11:43:00 AM
From: SSP	Read Replies (1) \| Respond to of 150070

Petroferm Inc. Indicates Interest in Acquiring Kyzen Corporation FERNANDINA BEACH, Fla., Apr 4, 2000 (BUSINESS WIRE) -- Petroferm Inc., a diversified chemical company and leading supplier of industrial cleaning agents, announced today its interest in purchasing all of the outstanding shares of Kyzen Corporation (OTCBB:KYZN), a Nashville, Tennessee-based provider of precision cleaning products. Petroferm offered to pay $1.00 in cash per Kyzen share, with a potential increase subject to the results of customary due diligence. The $1.00 per share offer price represents a 68% premium to yesterday's closing price and an approximate 47% premium to the average closing price of Kyzen shares for the 45 trading days preceding the offer. Petroferm emphasized to Kyzen management its desire to complete a negotiated transaction with the support of the Kyzen Board of Directors. However, Kyzen's Board of Directors has rejected the Petroferm offer. Geoffrey R. Cross, President of Petroferm, believes that the combination of Petroferm and Kyzen "presents an excellent business fit in terms of manufacturing capabilities, distribution and the ability to service effectively the companies' combined customer base." Cross said, "In light of its limited revenue base and narrow product focus, Kyzen is at an increasingly serious operating disadvantage as a stand-alone company, particularly as the rate of growth in its cleaning business continues to diminish." Further, Cross believes Kyzen shareholders are at an increasing disadvantage as Kyzen's operating and competitive environment becomes more difficult. Petroferm is concentrating its efforts on the development and expansion of its industrial products businesses and recently closed on the sale of its cosmetics specialty ingredients division to the BFGoodrich Company to facilitate this goal. Petroferm (www.petroferm.com) was founded in 1981 and today serves customers in a variety of industries and more than 50 countries. Addition of Kyzen's industrial cleaning products would further enhance Petroferm's current product offering and provide customers added value and convenience. An online forum has been established at www.sellkyzen.com for Kyzen shareholders to express and exchange their views regarding Petroferm's plans. Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved. -0- CONTACT: Petroferm Inc., Fernandina Beach Craig C. Hood, 904/277-5227 newsrelease0404@aol.com