FOR IMMEDIATE RELEASE
October 31, 2011

Argotec Promotes Wilby to Chairman of Board & CEO, Filler to President & COO

GREENFIELD, MA USA — Argotec, Inc. co-founders Dick Barnes and Steve Wolkenbreit today announced the promotion of Bruce Wilby to chairman of the board and chief executive officer of the corporation. Mr. Wilby served previously as president and CEO.

In addition, J. Nicholas Filler has been promoted to president and chief operating officer. He has served as COO since 2007.

The co-founders noted in their announcement that, since they are no longer involved in the daily operations of the company, this new alignment allows for full-time representation in these two critically important positions and will provide the leadership to ensure that Argotec continues its record of steady growth far into the future.

Both Mr. Barnes and Mr. Wolkenbreit will remain on the board of directors and stay involved in the company's long term strategic planning.

About Argotec, Inc.:
Argotec is a privately held manufacturer of high-performance, optically clear polyurethane film & sheet used in overlaminate and subsurface printing applications in the advertising graphics industries. The company also provides TPU film products to OEMs as well as plastics converters and fabricators, glass and textile laminators, and adhesive coaters serving the international medical, textile and glass lamination, automotive paint protection and specialty film markets.

Argotec, Inc.
53 Silvio O. Conte Drive
Greenfield, MA 01301
Phone: 413-772-2564
E-Mail: info@argote.com
Website URL: www.argotec.com