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plastic film, packaging film, flexible packaging, coextruded film, metallized film, coated film, sealable film, opaque film, transparent flim, labels, shrink labels, overwrap

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FOR IMMEDIATE RELEASE

April 23, 2003
NEWEST, BREATHABLE FILM FOR FRESH-CUT PRODUCE NOW AVAILABLE FROM AET

NEW CASTLE, DE - AET Films has announced the availability of their HOTR™2 film developed especially for fresh-cut produce packaging. The product is an extension of the company's HOTR™ family of oriented polypropylene (OPP) films for fresh-cut produce packaging applications. Available in 55 and 70-gauge, HOTR™2offers oxygen transmission rates (OTR) of 175 - 325 cc / 100 in2 / 24 hours inlaminations to polyethylene.

The film's breathability performance is based on proprietary polymer chemistry to achieve permeability, as opposed to other processes that mechanically alter films for permeability. "This provides product protection from outside contaminants, the maintenance of flavor compounds, and improve moisture control within the produce," states Mike Bosky, AET Market Manager. The Beta Value of this film is 3.5 - 4.0 versus a Beta Value of 1.0 for mechanically altered structures. "This provides a more suitable package atmosphere for extending the shelf life of many produce items," adds Bosky.

HOTR™2 provides a crinkly feel that communicates freshness, just like the 40 to 120-gauge conventional OPP films and the first generation HOTR™ in AET's fresh-cut produce portfolio. HOTR™2 also provides superior optical properties to support crisp, high-impact graphics for enhanced shelf presence and exhibits consistent slip properties for optimum performance across packaging equipment.

About AET Films
AET Films (Applied Extrusion Technologies) is a leading technology developer and manufacturer of highly specialized oriented polypropylene (OPP) films used primarily for product labeling, flexible packaging, overwrap and industrial applications. In North America, AET is the leading films producer with three production facilities to serve their customers. AET operates the world's largest OPP films manufacturing facility in Terre Haute, Indiana. The company's products benefit consumer product manufacturers by providing superior label and package printability, high speed application, and enhanced protection from moisture, air, and light degradation. End-users find the convenience, protection, and attractiveness of the OPP films especially desirable.

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For more information contact:
Mike Bosky, AET Films
Phone: 302-326-5524
Email: mbosky@aetinc.com

Gretchen Adams, AET Films
Phone: 302.326.5773
Email: gadams@aetinc.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Applied Extrusion Technologies' business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.