FOR IMMEDIATE RELEASE

CONTACT: Scott Miller, Product Development Manager
M. L. Gatewood Company
Hillsboro, Oregon
(503) 648-8389
e-mail: scott@trimnozzle.com

M. L. Gatewood purchases "ADJUSTA TRIM SQUIRT" wet end adjustable edge trimming machine.

Hillsboro - March 1, 2001 - M. L. Gatewood Company, the leading trim nozzle manufacturer in the world for the wet end of paper machines, has significantly expanded it's product line. Gatewood's newest product was developed by paper industry expert, Bob Edwards, to improve safety and reduce sheet breakage by allowing the edge trim to be moved with ease and precision on either side of the paper machine. The machine reduces down time and problems at the re-winder because the correct trim at the fourdrinier can be easily accomplished. Even benefits to the clothing are realized.

"We have been providing quality and reliability in trim nozzles for almost 40 years", said Judy Moore, President of M. L. Gatewood. "By adding this product to our line we are broadening our support of wet end paper production. We have been reviewing new offerings for some time now, and when we discovered Bob's machine we were very excited."

"We knew this was it", said Scott Miller, recently added to the Gatewood Management Team as Product Development Manager. We are aggressively looking at new markets and ways to enhance our market position by leveraging Gatewood's unparalleled knowledge and experience in wet end production. "With this product already in major paper mills such as Mead, Smurfit Stone, International Paper, Abitibi, and others, we felt it was a perfect acquisition."

Since the acquisition, we have worked to redesigned and improve the machine. The improved "ADJUSTA TRIM SQUIRT" uses machined components for a more precision product, but is still manufactured using the same type of Duff- Norton machine screw actuator and is still constructed of stainless steel and UHMW plastic making it able to withstand tough mill conditions.

M. L. Gatewood is a leading trim nozzle manufacturer and supplier to paper mills world wide. Founded in 1961 and headquartered in Oregon, Gatewood has agents in over 20 countries and sells it's products direct in the United States and all markets not covered by the agents. Gatewood is located at 6100 N. E. Campus Court, Hillsboro, Oregon, 97124, USA. You can reach Gatewood at 503-648-8389 (toll free at 800-788-9458), or via e-mail at scott@trimnozzle.com. You can also visit them on their web site at www.trimnozzle.com.
td>