Released on = March 20, 2006, 10:17 am

Press Release Author = Coattec Industries Inc.

Industry = Construction

Press Release Summary = MAINZ, Germany, March 15, 2006 (PRIMEZONE) -- Coattec
Industries, Inc. (Other OTC:CTCK.PK - News) announces that the Company is working
with Diversi-Plast, the world\'s largest manufacturer of corrugated plastic products,
to arrange the importation of ridge vents designed for tile roofs from Meinecke
Dachtechnologies, based in Germany. Coattec currently has an exclusive agreement in
place with Meinecke for the exportation of roofing products to the United States.

Press Release Body = Coattec and Diversi-Plast are presently in business
negotiations regarding the potential manufacturing of the Company\'s proprietary
housewraps and roofing foils in the U.S. Coattec believes that in addition to these
roofing products, the current market conditions in the United States are favorable
for the importation of German ridge vents designed for tile roofs. The Company
continues to pursue its business agenda for 2006 which entails the establishment of
import/export operations between Germany and the U.S. and securing a manufacturing
agreement with a U.S. entity for Coattec\'s high quality roofing foils and underlays.

Bernd Meinecke, President and CEO of Coattec Industries, commented, ``Given that the
U.S. residential market is experiencing a large increase in the installation of tile
roofs, we are pursuing the exportation of the highest quality ridge vents designed
for these rooftops. While we are currently in discussions with Diversi-Plast to
manufacture our Coattecflex, Coatflex and Difflex products, it is logical to
increase the scope of any potential distribution agreements to include these ridge
vents that have experienced great success in the European roofing markets.\'\'

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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