16/09/2005

Healthline Products Ltd.

Healthline Products Ltd: Change of Ownership

We are pleased to announce that Healthline Products Ltd has recently been sold to new shareholders.
The acquisition is a joint venture between Hanfare Protective Clothing (HPC) in England and Tekmedic in Malaysia.

HPC now owns the majority share of Healthline and its subsidiaries. Tekmedic, a successful Malaysian glove manufacturer has taken over the factory management.

This change will significantly strengthen Healthline in Europe through the expertise and experience of HPC in the protective clothing market but also through the manufacturing know-how of Tekmedic.

Healthline will continue to trade as usual and look forward to service customers with new products and improved services.