JPS Industries, Inc. Announces Election Of Board Of Directors

May 02, 2013, 12:13 ET from JPS Industries, Inc.

GREENVILLE, S.C., May 2, 2013 /PRNewswire/ -- JPS Industries, Inc. (JPST.PK) today announced the results of the election of directors at its annual meeting, held on Tuesday, April 30, 2013.

Elected to serve one-year terms are one incumbent director, Robert J. Capozzi, and four new members – Jack L. Howard, Alan B. Howe, John J. Quicke and Mikel H. Williams.

About JPS Industries, Inc.

JPS Industries, Inc. is a major U.S. manufacturer of extruded urethane film, sheet and tubing, ethylene vinyl  acetate  film  and  sheet  and  mechanically  formed  glass  and  aramid substrate materials for specialty applications in a wide expanse of markets requiring highly engineered ­­­­­­components. JPS's  products are used in a wide range of applications including: printed electronic circuit boards; advanced composite materials; civilian and military aerospace components; filtration and insulation products; specialty commercial construction substrates; high performance glass laminates for security and transportation applications; photovoltaic solar modules; paint protection films; plasma display screens; medical, automotive and industrial components; and soft body armor for civilian and military applications.   Headquartered in Greenville, South Carolina, the Company operates four manufacturing locations in Anderson and Slater, South Carolina; Statesville, North Carolina; and Easthampton, Massachusetts.

Forward-Looking Statements

This press release contains statements that are forward-looking statements regarding future events. These statements are only predictions and there are a number of important factors that could cause future events to differ materially from those expressed in any such forward-looking statements. These factors include, without limitation, the general economic and business conditions affecting the Company's industries, actions of competitors, changes in demand in certain markets, the Company's ability to meet its debt service and pension plan obligations (including its ability to meet the financial obligations in its Credit Agreement), the Company's ability to realize its deferred tax asset, the seasonality of the Company's sales, the volatility of the  Company's raw material, claims and energy costs, the Company's  dependence on  key personnel and certain large customers and other risk factors. The Company assumes no responsibility to update the forward-looking statements contained in this release as a result of new information, future events or otherwise. JPS Industries, Inc. is not responsible for changes made to this document by wire services or Internet Services.

CONTACT: Charles R. Tutterow
Executive Vice President and Chief Financial Officer

SOURCE JPS Industries, Inc.