CAPS, page-4

I think most people should realise that when we are talking FR and PCM its application of that to the woven parts of the bedding ie the covers of mattresses and pillows, not the foam materials inside.

So a company that provides that fabric to bedding companies as caps buys the Alexium products and produces finished caps under contract for a bedding manufacturer, like a Sealy or Serta or Tempur.

So there never may be a direct contract by Alexium with those bedding makers and, specifically, there may never be a clear announcement with a bedding makers name on it. We will just see ever larger and larger amounts of product shipped to those fabric or cap makers for on-delivery in finished products.