Released on = February 3, 2006, 9:21 am

Press Release Author = Coattec Industries, Inc.

Industry = Construction

Press Release Summary = Coattec Brokers Agreement to Begin Import/Export Operations

Press Release Body = MAINZ, Germany, Feb. 2, 2006 (PRIMEZONE) -- Coattec Industries,
Inc. (Other OTC:CTCK.PK - News) announced that Diversi-Plast, the world\'s largest
manufacturer of corrugated plastic products owned by the privately held group
Liberty Diversified Industries, (LDI) and Meinecke Dachtechnologies, based in
Wiesbaden, Germany, have signed a non-competition agreement as the preliminary step
to the commencement of importation and exportation transactions. Coattec Industries
plans to act as a facilitator and intermediary for the exchange of roofing
technologies and products between the two companies.
Meinecke Dachtechnologie specializes in designing, engineering and manufacturing
high quality roofing products which are distributed throughout Germany and Europe.
Diversi-Plast, based in Minneapolis, is the industry leader in the innovation,
design, manufacturing and marketing of products utilizing corrugated plastics.
Trimline(R) Building Products (http://www.trimline-products.com) is a part of
Diversi-Plast(R) Products and is a producer of a specialty shingle-over ridge vent
attic ventilation system used in residential, remodeling and light industrial
construction. Coattec Industries would serve as the liaison in any import/export
arrangements and sees potential to enter into agreements with both companies in the
near future.

``We believe that there exists a lucrative and untapped market in the U.S. and
Europe and Coattec is taking the steps necessary to work with high quality producers
and distributors of roofing products in both of these markets. These preliminary
discussions and non-competition agreement between Meinecke Dachtechnologie and
Diversi-Plast mark an important first step in this process,\'\' commented Bernd
Meinecke, President and CEO of Coattec Industries. ``Coattec anticipates future
dealings with both of these organizations as part of our strategy to create a
successful import/export operation of roofing products and technologies.\'\'


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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