The agreement between DAIKIN and GREENE, TWEED brings together the expertise of each to collaborate in joint design, development, production and marketing of new sealing products. This alliance impacts every market GREENE, TWEED operates in and offers greater opportunities for each company's customers. GREENE, TWEED holds the exclusive rights to market, manufacture and sell the products developed via the alliance.

DAIKIN's Senior Executive Officer, Kiyohiko Ihara, stated, "Our increased synergy creates a collaborative vertical supply chain that will accelerate future technical development in the industry." John Jorgensen, CEO of GREENE, TWEED, said, "Our collaboration with DAIKIN aligns our R&D efforts, leading to faster development cycles, innovative customer solutions and enhanced serviceability. In the end, these advantages lead to improved cost of ownership performance for our customers."

GREENE, TWEED leverages expertise in a variety of markets and products to give customers the most innovative solutions to meet performance challenges and reduce total cost of operation. With fully qualified engineering, sales and support personnel located throughout the Americas, Europe and Asia, Greene, Tweed delivers solutions to individual customer applications on a global scope. Greene, Tweed products are sold and distributed worldwide. For additional information, contact Greene, Tweed at +1.215.256.9521 or visit our website at www.gtweed.com.

DAIKIN INDUSTRIES, LTD., (www.daikin.com) is a leader in the fluorochemicals industry, offering more than 2,000 products, including gases, fluoropolymers, and elastomers, to customers worldwide. DAIKIN is committed to developing new uses for fluorochemicals in the years ahead, both in everyday products and advanced applications. With operations in Japan, China, Southeast Asia, Europe, and North America, DAIKIN is positioned to meet the needs of an increasingly borderless business environment.

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