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TEXEL NOW PART OF LYDALL TEAM

We are pleased to announce that, effective July 7, 2016, all of the Texel-branded businesses of ADS, Inc. were acquired by Lydall, Inc. (NYSE: LDL).

We are pleased to announce that, effective July 7, 2016, all of the Texel-branded businesses of ADS, Inc. were acquired by Lydall, Inc. (NYSE: LDL). The acquisition includes those geosynthetics, industrial, filtration, medical, automotive, horticulture, and extrusion film businesses which operate under Texel Inc., Texel Géosol Inc., and Afitex-Texel Géosynthétiques Inc.

We are truly excited about the addition of Texel to the Lydall family of businesses. Our mutual strengths are complimentary, and we are confident that our valued customers and suppliers will benefit from our combined expertise in nonwovens, web processing, materials management, new product development, continuous improvement philosophy, and our focus on building long term customer relationships.

Sincerely,