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To: Taikun who wrote (63745)	5/11/2005 4:45:04 AM
From: Snowshoe	Read Replies (1) \| Respond to of 74559

>>Toray to Expand Production Capacity of TORAYCA* Carbon Fiber<< Zoltek has been expanding carbon fiber production too, but they had to raise prices because of rising energy and raw materials costs. This announcement seemed slightly dodgy because long-term contracts were excluded from the increase, so I unloaded the remainder of my shares. -Snow Zoltek Announces Price Increase biz.yahoo.com Tuesday April 26, 6:42 pm ET ST. LOUIS, April 26 /PRNewswire-FirstCall/ -- Zoltek Companies, Inc. (Nasdaq: ZOLT - News) today announced that it will increase the price of all Pyron® oxidized/stabilized PAN fiber products by up to 8%, effective June 1, 2005. Customers in the aircraft brake business and other customers under long-term contracts are excluded from the increase. Pyron® fibers are used in heat and flame resistant products in the automotive, mattress and furniture and protective clothing markets. "This price increase is in response to rising energy and raw material costs and is needed to enable Zoltek to continue to invest in expanding this business segment in support of customers' requirements," Tim McCarthy, Zoltek's Vice President Sales and Marketing, said. McCarthy pointed out that it was the Company's first price increase for Pyron® products in several years. For further information contact: Zsolt Rumy, CEO or Kevin Schott, CFO 3101 McKelvey Road St. Louis, MO 63044 (314) 291-5110 This press release contains forward-looking statements, which are based upon the current expectations of the Company. Because these forward-looking statements are inherently subject to risks and uncertainties, there are a number of factors that could cause the Company's plans, actions and actual results to differ materially. Among these factors are the Company's ability to: re-activate its formerly idle manufacturing facilities on a timely and cost-effective basis, to meet current order levels for carbon fibers; successfully add new capacity for the production of carbon fiber and precursor raw material; execute plans to exit its specialty products business and reduce costs; achieve profitable operations; raise new capital and increase its borrowing at acceptable costs; manage changes in customers' forecasted requirements for the Company's products; continue investing in application and market development; manufacture low-cost carbon fibers and profitably market them; and penetrate existing, identified and emerging markets. The timing and occurrence (or non-occurrence) of transactions and events that determine the future effect of these factors on the Company, as well as other factors, may be beyond the control of the Company. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. Zoltek is an applied technology and materials company. Zoltek's Carbon Fiber and Technical Fiber Business Units are primarily focused on the manufacturing and application of carbon fibers used as reinforcement material in composites, oxidized acrylic fibers for heat/fire barrier applications and aircraft brakes, and composite design and engineering to support the Company's materials business. Zoltek's Hungarian-based Specialty Products Business Unit, which the Company is pursuing plans to exit, manufactures and markets industrial materials.