Zoltek Profile

Zoltek Companies, Inc. (Zoltek) is a holding company that operates through wholly owned subsidiaries, Zoltek Corporation, Zoltek Properties Inc., Zoltek Rt. and Engineering Technology Corporation. The Company manufactures, markets and develops carbon fibers for various applications. Zoltek has three carbon fiber and technical fiber manufacturing plants. The Abilene, Texas facility is the Company's major carbon fiber manufacturing facility with five installed continuous carbonization lines and auxiliary processing capabilities. The plant in Hungary has four continuous carbonization lines and produces intermediate oxidized fibers, carbon fiber textile products and acrylic precursor. Zoltek's St. Charles, Missouri facility is primarily dedicated to production of technical fibers for aircraft brake and other friction applications. The Company sells carbon fibers under the PANEX trade name and its flame and heat resistant fibers under the PYRON trade name. For the six months ended 31 March 2006, Zoltek Companies Inc.'s revenues increased 66% to $44.04M. Net loss from continuing operations decreased 20% to $21.5M. Revenues reflect higher sales of carbon fiber due to the newly added capacity in Hungary of two carbon fiber lines. Net loss is partially offset by higher SG&A costs due to staffing of management positions and becoming compliant with the Sarbanes-Oxley Act's requirements.