SUBWAY and AFC Reach an Agreement for AFC to be the Exclusive Worldwide Supplier of Speed Oven Baskets

August 16, 2004

Advanced Flexible Composites, Inc. (AFC) is pleased to announce that it has reached an agreement with the Subway® restaurant chain to be the exclusive supplier of PTFE oven baskets to more than 21,000 Subway® restaurants worldwide. AFC will be supplying DuraChef® oven baskets for use with the new TurboChef Technologies rapid cook ovens. AFC began delivering oven baskets to TurboChef, as well as the chain’s re-suppliers Franke and Sub-Technologies in May 2004. “ We are honored to be partnering with one of the largest Quick Service Restaurants (QSR) in the world,” said Bill Lewis, CEO & President of AFC. “This basket is a critical piece to the Subway chain’s upcoming speed oven rollout. We are thrilled they have the confidence in us to support this program.” Michael Baker, Director of Marketing for AFC added, “This agreement reinforces our commitment to becoming a leader in the QSR market by delivering new and innovative products. We will continue to develop solutions to respond to the needs and requirements of the QSR industry.”

Founded in 1988, AFC, a family owned and operated company, is a world leader in the manufacture of high-performance coated & laminated fabrics. AFC sells its products through distributors and OEMs under the trade names DuraChef®, DuraFab®, DuraFlow®, DuraSil®, DuraLam® and DuraStick®. The company designs and manufactures PTFE and silicone coated and laminated fabrics and belting, along with an extensive line of pressure sensitive tapes, for use in diverse applications. Typical applications for its products are found in industries such as, quick service & full service restaurants, aerospace, flexible packaging, screen printing, textile, polymer manufacturing, food processing, chemical, electronics and communications.

For further information, contact Michael Baker, Director of Marketing at (847) 841-4010.


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