Hampton, NH, May 2006 - Alinian Capital Group, LLC, a Fort Lauderdale, FL based private equity firm, today announces the purchase of Foss Manufacturing Company, Inc., a Hampton, NH based manufacturer of specialty fibers and non-woven fabrics. Founded in Haverhill, MA in 1954, Foss Manufacturing Company is a proven leader in the research and innovation of specialty synthetic fibers and nonwoven fabrics to the automotive, technical, decorative and retail industries in the U.S. and abroad.

Foss devotes significant resources to the research and development of new products and, as a result, holds numerous exclusive patents and is a facilitator in the development of several innovative creations. Foss is a pioneer in the use of environmentally safe pigments instead of dyes, a process that also results in fibers with uniform color that are resistant to sunlight and bleaching. Foss is also a leader in the production of bi-component fibers in a wide range of polymers, which serve to enhance the quality of products ranging from automotive interiors to craft felts to medical textiles to filtration systems.

Foss is also the first bi-component and binder company to successfully incorporate silver, an all-natural antimicrobial agent, into fiber to protect it against the growth of a broad spectrum of odor-causing and destructive bacteria, mold and mildew. Laboratory tests have proven that the company's Fosshield Antimicrobial Technology protects numerous everyday products including mattresses, cleaning wipes, bed linens, bandages and surgical scrubs against the destructive effects of bacteria and mold. Products made with Fosshield Antimicrobial Technology are highly durable and safe for the environment and human contact. This technology has also been effectively used by NASA to provide protection for clothing and linens used by NASA crewmembers. More information about the company is available at www.fossmfg.com.

Foss filed for Chapter 11 bankruptcy protection in September 2005, and Alinian Capital Group acquired Foss through a bankruptcy Section 363 auction. Recognizing the strength of the company's product offering, Alinian has recapitalized the business, instituted cost reductions and implemented an operating plan designed to return the company to profitability, while keeping good jobs in America. "Foss Manufacturing Company is recognized as an industry leader and has exciting prospects for future growth. Our new partnerships with our employees, customers and vendors provide Foss with a solid foundation for a successful future," said Mike DeGrace, President. Foss is now hiring for all positions with their renewed focus on 'Work America'.

About Alinian Capital Group
Alinian Capital Group, LLC provides solutions to private and small cap public companies across a broad range of industries. Private placement financings, reverse mergers, corporate finance advisory, and merger and acquisition representation comprise Alinian's core service areas. Alinian's primary goal is to help management teams make the important decisions on financial matters, mergers and acquisitions, and key strategic issues while providing resources to assist them with the execution of the right strategy. For more information about Alinian Capital Group visit the company's website at www.alinian.com.

For additional information and / or questions from the Press, please contact Maria Marggraf at (603) 929-6000.