JPS Industries, Inc. Reports Third Quarter Figures

30 August 2000

JPS Industries, Inc. announced results for the third quarter and nine months ended July 29, 2000. For the third quarter, income from continuing operations was $1.4 million, compared with a loss from continuing operations of $302,000, in the third quarter of fiscal 1999. Michael L. Fulbright, JPS's chairman, president and chief executive officer, said, "We are very pleased with our third quarter numbers and especially gratified to have achieved substantial improvement across such a broad array of financial and operational measures". JPS specialty industrial products are used in a wide range of applications, including: commercial and institutional roofing; reservoir and landfill liners and covers; printed circuit boards; advanced composite materials; tarpaulins; awnings; tile backings; security glazing; athletic shoes; and medical, automotive and industrial components.

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