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Zoltek Announces Successful Start-up of Carbon Fiber Manufacturing Operations in Mexico

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Oct 16 2008

Zoltek Companies, Inc. today reported the successful start-up of acrylic precursor and carbon fibers manufacturing operations at its Zoltek de Mexico facility and provided updates on recent results and its business outlook in achieving its strategic objective of commercializing carbon fibers as a widely used building material.

"We are issuing this report to keep shareholders and investors apprised of the latest developments at Zoltek," Zsolt Rumy, Zoltek Chairman and Chief Executive Officer said. "We will release our earnings and detailed financial results as we normally do around the time we file our Form 10-K in late November or early December. We did not want to wait until then to report on some of the highlights of the year in Zoltek's continuing growth and development."

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