This material contains forward-looking statements. These statements relate to future events or to our future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," or "continue" or the negative of these terms or other comparable terminology. Undue reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors that are, in some cases, beyond our control and that could materially affect actual results, levels of activity, performance, or achievements. Factors that could materially affect our actual results, levels of activity, performance or achievements include the following items: (i) our strategies and plans, including, but not limited to, those related to reducing financial leverage, developing new products, and reducing and realigning our workforce may be revised or may not be implemented as planned, and even if implemented, may not result in the expected benefits; (ii) our preliminary unaudited results may differ from our final audited results; (iii) the shutdown of our Australian operations and curtailment of our Vietnam project may not yield the expected improvements in our results; (iv) actual market conditions, including with respect to finished inventory levels, may be different from our expectations, market conditions may deteriorate beyond our assumptions, and competitive opportunities may not materialize as expected; (v) actions of debt rating agencies are beyond our control and may differ from our expectations; (vi) our plan to achieve compliance with NYSE continued listing standards may not be accepted by the NYSE; (vii) we may not meet the goals set forth in our plan to achieve NYSE compliance; (viii) even if we meet the goals set forth in the plan, we may not be able to achieve compliance with NYSE continued listing standards (ix) our revenues and profitability could be adversely affected by fluctuations in currency exchange rates; (x) our profitability would be reduced by a decline in the prices of our products; (xi) our profitability could be adversely affected by fluctuations in interest rates; (xii) we may not be able to develop and market new products successfully or we may not be successful in competing against new technologies developed by competitors; (xiii) changes in demand for our products, including our new products, such as SmartRoll(TM), could negatively impact our profitability; (xiv) our credit facility contains restrictive covenants, including covenants requiring compliance with minimum interest coverage and fixed charge coverage ratios and maximum leverage ratios, that will require us to improve our performance over time in order to comply therewith; (xv) we may have insufficient cash to fund growth and unexpected cash needs after satisfying our debt service obligations due to our high degree of leverage and significant debt service obligations; (xvi) we are subject to the risk of weaker economic conditions in the locations around the world where we conduct business, including without limitation the current turmoil in the credit markets and the impact of the current global economic crisis on the paper industry; (xvii) we may be required to incur significant costs to reorganize our operations in response to market changes in the paper industry; (xviii) we are subject to the risk of terrorist attacks or an outbreak or escalation of any insurrection or armed conflict involving the United States or any other country in which we conduct business, or any other national or international calamity; (xix) we are subject to any future changes in government regulation; (xx) we are subject to any changes in U.S. or foreign government policies, laws and practices regarding the repatriation of funds or taxes and (xxi) those other risks described under the heading "Risk Factors" in the Company's Quarterly Report on Form 10-Q for the period ended September 30, 2008 filed with the Securities and Exchange Commission and subsequent SEC filings. If any of these risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary significantly from what we projected. Any forward-looking statement in this press release reflects our current views with respect to future events. We assume no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events, or otherwise. Forward Looking Statements, Estimates and Disclosure Statement Company Confidential | 
