Foamex Sells Stand-Alone Carpet Cushion Facilities

Linwood, PA, September 26, 2007--Foamex has sold its stand-alone carpet cushion facilities to Future Foam Inc. for $10 million. The carpet cushion facilities are located in Fairless Hills, Pennsylvania, Dallas, Texas and Orlando, Florida. Foamex said it will use the proceeds either to reinvest in its business or to pay down debt.

Foamex will continue to offer prime polyurethane and rebond carpet cushion and flooring underlay products through its remaining carpet cushion facilities, which are integral components at a number of its foam production facilities in the Midwest and western U.S.

CEO Jack Johnson said the facilities are non-core components of the business.

"We remain committed to the carpet cushion business and will continue to manufacture products for the carpet cushion and flooring underlay market," Johnson said.

"The remaining capacity can consume all the scrap foam we produce in our other foam operations."