Gossen, Jain Team up via Manufacturing, Technology Agreement

MILWAUKEE, WI -- (MARKET WIRE) -- February 1, 2007 -- Gossen Corp. and Jain Irrigation Systems, Ltd., have agreed to build upon their core competencies through an exclusive manufacturing and technology agreement that will allow Gossen to add PVC sheets and panels to its product mix and allow Jain to add profiles to its building materials product offering.

The arrangement, which the companies jointly announced today, gives both companies a broader access to global markets.

Jain, a major Asian-based manufacturer, will produce home-construction PVC panels for Milwaukee's Gossen Corp. and, in turn, Gossen will produce PVC moulding for Jain Irrigation Systems, Ltd.

"Gossen is a proven innovator and an extremely efficient producer of the mouldings and profiles our customers need to complement the Jain line," said Anil Jain, managing director of Jain Irrigation Systems.

Gossen gains access to Jain's worldwide raw material sourcing power.

"Jain's technical expertise and scale of operations as one of the world's largest producers of cellular PVC panels was a factor in choosing Jain as our strategic partner," said Bob Simon, executive vice president of Gossen Corp. "Jain's many years of experience in PVC sheet extrusion and its success worldwide was a deciding factor. We believe this manufacturing and technology agreement will have a very positive impact for our mutual customers in the markets we serve."

PVC panels and sheets are sold to the building industry for multiple exterior uses. While they are manufactured in 4x20-foot dimensions, the panels are ripped into boards and can be processed into various patterns and trim.

Home builders use PVC mouldings and trimboards for their lifecycle advantage. PVC products are highly resistant to moisture and severe weather, such as hurricane-level winds, and offer homeowners the advantage of extremely low maintenance. Cellular PVC products also are used by the window and door industry in new construction and replacement markets.

More information about the companies is available at www.gossenmouldings.com and www.jains.com.

Contact Information: Contacts Information: Bob Simon executive vice president Gossen Corp., Milwaukee, Wis. 414-228-9800 Email Contact Frank Lozano vice president, building materials Jain Americas, Inc. Columbus, Ohio 203-743-3858 Email Contact