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Adenna Announces Expansion Plans - 11/15/2000
Adenna announces its expansion plans for the year 2001. As a part of a new Supply Chain Initiative, Adenna will open a new regional office and distribution center in Atlanta, Georgia, which represents the first step of Adenna's ambitious expansion projects. The new office and distribution center will provide its existing customers and new customers with more cost-effective and streamlined options for delivery of product to the Southeastern United States.

Max Lee, President of the Company, said, "We will experience a much higher level of efficiency with our new distribution center, which is very important in the healthcare industry. We plan to have the new distribution center staffed and operating by January 2001. We expect to begin seeing the financial benefits of the new center during the first quarter of fiscal year 2001."

Adenna manufactures high-quality branded and private label latex and synthetic examination gloves to the healthcare, dental, scientific, and retail market sectors. Ralph Wadsworth, Executive Vice President, said, "As our business grows, it is imperative that we grow the infrastructure to support our customers in the most cost effective way we can."

The Company also has plans to open an additional regional office and distribution center in the Midwest during the first half of 2001.

-- Written by Denise Mitchell, November 15, 2000



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