These advantages
make Ceradyne ceramic products and components suitable for a wide
range of industries and high-performance applications. Degree in Chemical Engineering from Drexel University in
1986 as a process engineer .

For further information contact:
Zsolt Rumy, CEO
3101 McKelvey Road
St.

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Reed

Investor Relations
Contact: Dan Matsui
Gene Heller
Silverman Heller Associates
Phone: 310-208-2550

Zoltek Appoints Chief Operating Officer

Zoltek's Hungarian-based Specialty Products Business
Unit, which the Company is pursuing plans to exit, manufactures and markets
industrial materials.

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Business Editors

----Founded in 1967, Ceradyne, Inc.
Ceradyne ceramic products are marketed and sold worldwide. "With proven capability in running multiple complex
manufacturing operations, Dave is eminently qualified to lead Zoltek's
manufacturing operations during this period of rapid capacity expansion to
meet the demand for low-cost, high-performance carbon fibers. The Company undertakes no obligation to
update any forward-looking statement to reflect events or circumstances after
the date of this press release.

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Since then he has been the Director of
European Operations, Operations Director, Integration - Global Operations and
Director of Operations - North America Western Region.

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Headquarters Address: 3169 Redhill Avenue
Costa Mesa, CA 92626

Main Telephone: 714-549-0421

Website: www. ST.

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Company Profile for Ceradyne Inc.

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Ceradyne recently acquired Quest
Technology (San Diego) and its ceramic injection molding technology
and ESK Ceramics (Kempten, Germany), a worldwide manufacturer of
ceramic powders and industrial ceramic products, to continue expanding
R+D capabilities and market diversification.
The unique characteristics of Ceradyne advanced technical ceramics
-- toughness; hardness; light weight; resistance to extremely high
temperatures, friction, wear, and corrosion; and special electrical
properties -- offer significant advantages over traditional materials
such as steel, other metals, glass, and plastics. Moskowitz
CFO: Jerrold J. Pellizzon
Vice President, General Manager Advanced
Ceramic Operations: David P.
(Nasdaq: ZOLT) today announced the appointment of David M. Harding, 45, as its
new President and Chief Operating Officer.

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LOUIS, Zoltek Companies, Inc.

"
Over an 18-year career with Air Products and Chemicals, Inc. Among these factors are the Company 's ability
to: re-activate its formerly idle manufacturing facilities on a timely and
cost-effective basis, to meet current order levels for carbon fibers;
successfully add new capacity for the production of carbon fiber and precursor
raw material; execute plans to exit its specialty products business and reduce
costs; achieve profitable operations; raise new capital and increase its
borrowing at acceptable costs; manage changes in customers' forecasted
requirements for the Company's products; continue investing in application and
market development; manufacture low-cost carbon fibers and profitably market
them; and penetrate existing, identified and emerging markets.

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Industrial
ceramic products include parts for cutting tools and oil drilling,
furnace liners and crucibles for processing silicon, seals and
bearings for fluid handling, evaporation boats for metallizing, parts
for high -temperature foundry furnaces, side dams for thin-strip steel
casting, components for microwave tubes , and starting powders for
manufacturing ceramic materials. Zoltek's Carbon
Fiber and Technical Fiber Business Units are primarily focused on the
manufacturing and application of carbon fibers used as reinforcement material
in composites, oxidized acrylic fibers for heat/fire barrier applications and
aircraft brakes, and composite design and engineering to support the Company's
materials business .

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Commercial
products include translucent orthodontic brackets (braces).
where he was Director of Operations, North America Western Region., a global
conglomerate with multi-billion dollar annual revenues, Harding held positions
of increasing responsibility in managing chemical operations in Europe and the
United States.

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Louis, MO 63044
(314) 291-5110

This press release contains forward-looking statements, which are based
upon the current expectations of the Company .

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He is leaving Air Products and Chemicals, Inc.

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The timing and
occurrence (or non-occurrence) of transactions and events that determine the
future effect of these factors on the Company, as well as other factors, may
be beyond the control of the Company.

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develops,
manufactures, and markets advanced technical ceramic materials,
products, and components for defense, industrial, automotive /diesel
and commercial applications.com

Ticker: CRDN(NASDAQ)

Type of Organization: Public

Industry: Manufacturing, Defense, Advanced Materials ,
Industrial Specialties

Other: Advanced technical ceramics: products and
materials development, manufacturing, and
marketing

Key Executives: Chairman, President, CEO: Joel P. after he
received his B.

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Ceradyne ceramic products for defense include body and vehicle
armor for military use, and missile nose cones (radomes).ceradyne.

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The
Company holds patents and registered trademarks for certain materials,
processes, products, and brand names, and maintains trade secrecy to
protect proprietary compositions and production processes. Dave joined Air Products and Chemicals, Inc. He was promoted to his first manufacturing
manager position in 1988 and continued in manufacturing management with
increasing responsibilities until 1999.

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Company: Ceradyne, Inc. In his latest position
he was a line manager accountable for all operations , distribution and
technology in the western United States (Texas to California), with a
workforce of over 600 people in 50 operating locations with operating expenses
of over $200 million.

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Products for automotive/diesel
applications include cam rollers for diesel engines and armor for
Ford's Lincoln Town Car Ballistic Protection Series (BPS). Mr. Harding has a breadth of
experience in the United States and internally managing large, complex
manufacturing operations.
"We are extremely pleased to announce the addition of Dave Harding to the
top management team at Zoltek," said Zsolt Rumy, Zoltek's Chairman, Chief
Executive and founder.S. Because these forward-looking
statements are inherently subject to risks and uncertainties, there are a
number of factors that could cause the Company's plans, actions and actual
results to differ materially.

Zoltek is an applied technology and materials company.

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His leadership
in operations will allow me to concentrate on strategic marketing and long-
term scale-up and development of the business.

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---

- - kjjkjk

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