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October 15, 2003
Fasti Announces Leading Team of Engineers

ELGIN, IL - October 15, 2003 - Fasti, a worldwide leader in providing auxiliary equipment to the plastic processing industry, introduces its leading team of engineers based at its headquarters in Elgin, Illinois.

"We are fortunate to have the combined talents of prominent individuals like Barry Pucillo, Günther Scheiflinger and Christian Falbesoner leading our engineering team here in Elgin, Illinois," noted Rainer Farrag, President of Fasti. "It is their expertise that has enabled Fasti to serve the plastics industry, both here and in Europe, with the highest levels of technological innovation. We are proud to have them with us here in the US as we close our relationship with Fasti, Farrag & Stipsits GmbH and establish Fasti GmbH in Austria."

Barry Pucillo, Vice President, Engineering, completed his education in the Mid-Western United States majoring in Computer Science and Mechanical Engineering. He brings to the team, more than 20 years of experience and an acute knowledge of plastic processing including injection molding, blow molding, sheet extrusion, thermoforming and secondary operations including vacuum deposition. Barry also holds the patent for an invention produced in the plastics industry that is used by the retail industry.

Günther Scheiflinger, Chief Engineer, received his education from an Austrian technical school for Electrical Engineering. He has been working in the plastics industry as an electrical engineer for nearly 10 years designing control systems, developing controllers and software and creating technical documentation for auxiliary equipment. Günther was instrumental in developing the Fasti Intelligent Terminal, the controller used to run all Fasti products.

Christian Falbesoner, Chief Engineer, was also educated in Austria at a technical school for Mechanical Engineering. Christian's forte' in the plastics industry is designing resin dryers and accessories, in particular the newly developed Fasti Compressed Air Resin Dryer and the Mold Area Protector. Christian is an enthusiastic leader, currently heading a team of engineers, internationally, developing upcoming revolutionary systems.

Together, the experience and ingenuity of Mr. Pucillo, Mr. Scheiflinger and Mr. Falbesoner will allow Fasti to continue in the forefront of providing solutions to increase the advantage of its clients in the plastics processing industry. Their pool of knowledge is an important resource that will help Fasti to position itself and to serve its clients on an international field.

About Fasti - A Farrag Company
Fasti has taken the world by storm in developing auxiliary equipment designed to increase the productivity of plastic processing machines and to improve the quality of plastic products. Fasti's leading team of engineers is the source of its innovation and the products they design will increase customer advantage, increase production, save energy, reduce maintenance and save floor space.

For further information on Fasti, please contact:
Rainer Farrag
Fasti
927 N. State Street
Elgin, Illinois 60123

Phone 847-695-9502
Fax 847-695-7679
Email:info@fasti.com