US Military Work Update Dear Shareholders, FR chemistry to the...

US Military Work Update
Dear Shareholders,
FR chemistry to the U.S. Military is a key part of our growth strategy. I wanted to update you on key activities we have introduced you to previously.
Murdock Webbing:
The effort with Murdock Webbing continues to proceed quickly. With our recent win in flexible strapping, we will immediately move towards an additional program in rigid webbing as we reported. Further discussions are underway with Murdock—Alexium will advise the market in the near term once complete.
Environmentally-Friendly 50/50 NyCo with Natick’s Green Initiative:
On October 1st, Natick began its new fiscal year operating under a continuing resolution from the U.S. Congress. Our CEO, Nick Clark, has been working on the Hill and monitoring this closely. With this new fiscal year, novel programs and awards have officially started making their way through the Army Research Office, which administers the financial programs. We are in frequent contact with the USANSSC coordinating administrative details. We will communicate all developments with the marketplace as they occur. Our relationship and work with Natick remains strong.

Dirk L. Van Hyning
President​