Linwood, PA, January 9, 2007--Foamex International said that the Senior Secured noteholders voting on its Second Amended Plan of Reorganization have voted unanimously to accept the plan. Equityholders have until January 18, 2007 at 4:00 p.m. ET to vote on the Plan.
Raymond E. Mabus, Jr., chairman and chief executive officer of Foamex, said: "We are pleased to have received the unanimous support of our senior secured noteholders. The result is indicative of the plan's broad-based support among our stakeholders, and represents another significant step in Foamex's chapter 11 process as we continue to build momentum toward emergence."
A hearing before the United States Bankruptcy Court for the District of Delaware to consider confirmation of the Plan is scheduled for February 1, 2007.
Other information about the company's reorganization case is available on the Foamex web site at www.foamex.com/restructuring.
