Released on = March 1, 2006, 3:38 am

Press Release Author = Coattec Industries, Inc.

Industry = Construction

Press Release Summary = MAINZ, Germany, Feb. 28, 2006 (PRIMEZONE) -- Coattec
Industries, Inc. (Other OTC:CTCK.PK - News) announces that the Company is in
discussions with Diversi-Plast, the world's largest manufacturer of corrugated
plastic products, to manufacture Coattec's proprietary roofing foils and housewraps
Coattecflex(tm), Coatflex(tm), and Difflex(tm) for distribution in the United
States.

Press Release Body = MAINZ, Germany, Feb. 28, 2006 (PRIMEZONE) -- Coattec
Industries, Inc. (Other OTC:CTCK.PK - News) announces that the Company is in
discussions with Diversi-Plast, the world's largest manufacturer of corrugated
plastic products, to manufacture Coattec's proprietary roofing foils and housewraps
Coattecflex(tm), Coatflex(tm), and Difflex(tm) for distribution in the United
States.

Both companies plan to investigate the feasibility of subcontracting production of
Coattec's roofing products within the existing facilities of the LDI Group, which
owns Diversi-Plast. If an agreement were to be reached, Coattec and Diversi-Plast
would work together to determine the most effective sales and distribution channels
within the U.S. market.

The outsourcing of manufacturing in the United States corresponds with the Company's
initial business strategy. In addition to realizing great cost savings as a result
of outsourcing, Coattec will be able to market its proprietary roofing products in
the U.S. more rapidly than if it were to construct its own manufacturing facility.

Bernd Meinecke, President and CEO of Coattec Industries, commented, ``We are pleased to begin discussions that will advance the U.S. manufacturing and distribution
process of our roofing foils and underlays. With the successful execution of the
non-competition agreement with Diversi-Plast announced earlier this year, it is a
logical next step to strengthen the foundation of our business relationship and
explore manufacturing opportunities within the United States. It is very important
that we maintain the integrity and quality of our proprietary products during the
manufacturing process and we have full confidence that Diversi-Plast can help us
achieve this.''

Bernd Meinecke, President and CEO of Coattec Industries also stated that the Company
is fully aware of the circulation of unsolicited faxes about Coattec. He has
reaffirmed that the Company is not responsible nor are any parties commissioned by
the Company responsible for these faxes and Coattec is doing everything in its power
to identify and pursue those responsible and put an end to the campaign.

For further information, please contact Bernd Meinecke at
contact@coattecindustries.com or visit http://www.coattecindustries.com.

About Coattec Industries, Inc.

Coattec Industries owns the exclusive license to technology to create a proprietary
coating that has applications in various industries, primarily the residential
housing market. The main use of the Company's coating will be for roofing foils and
housewraps that provide insulation and a humidity barrier while inhibiting the
growth of mold in new homes. The coating's antibacterial properties make it useful
in other industries including the home improvement industry as filters for air
conditioning units, the automotive industry as a potential replacement for PVC, and
the glass industry for abrasion control.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This release includes forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995 that involve
risks and uncertainties including, but not limited to, the impact of competitive
products, the ability to meet customer demand, the ability to manage growth,
acquisitions of technology, equipment, or human resources, the effect of economic
and business conditions, and the ability to attract and retain skilled personnel.
The Company is not obligated to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the date of this
release.


Web Site = http://www.coattecindustries.com

Contact Details = Coattec Industries, Inc.
Mr. Bernd Meinecke, President and CEO
011 49 6131 2019 431

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