Coattec Industries Cites Rising Energy Costs in US Households

Released on = November 6, 2006, 4:24 am

Press Release Author = Coattec Industries, Inc.

Industry = Construction

Press Release Summary = MAINZ, Germany, June 26, 2006 (PRIMEZONE) -- Coattec
Industries, Inc. (Other OTC:CTCK.PK - News) announces that the average U.S.
household has experienced significant increases in energy costs over the past year.
According to the EPA and the Department of Energy, the average household spends
$1,500 annually on energy, and these agencies predict the possibility of a 50%
increase above that figure this year.

Press Release Body = The Internal Revenue Service, earlier this month, issued an
advanced notice outlining how commercial building owners and leaseholders can
qualify for tax deductions by making buildings energy efficient through a provision
of the Energy Policy Act of 2005. The Company\'s management believes that this will
lead to the same tax incentives for residential builders. Coattec owns proprietary
technologies that have primary applications in residential construction and the
roofing industry, specifically for housewraps, roofing foils and ridge vents for
homes.

Bernd Meinecke, President and CEO of Coattec Industries, commented, ``The cost of
energy used to power American homes is clearly on the rise and we believe that this
trend creates very favorable market conditions for housing and roofing products in
the U.S. market. Coattec\'s technologies can be utilized in the production of
materials that can conserve significant amounts of energy in the form of
electricity, oil and natural gases used to heat and cool the home. Fueled by
policies outlining energy savings and tax credit programs set by the U.S.
government, we believe that the use of efficient and cost-effective housewraps,
roofing foils and other methods of insulation will soar in the coming years.\'\'

The U.S. Department of Energy estimates that nationwide, $20 billion a year in
energy dollars could be saved if all structures were built with optimal ventilation.
Research indicates that housewraps can reduce air leakage through a wall assembly
from 40 to 93%, and that even light drafts can decrease the effective ``R\'\' value of
insulation by 63% in an unwrapped house. Houses that are unwrapped can lose
significant insulation during both the summer and winter simply due to air pressure
differentials inside and outside of the home.

For further information, please 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

ZA Consulting Inc.
Investors & Public Relations
(212) 505-5976 or (800) 596-8388

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