Anderson Warlick, President and Chief Executive Officer of Parkdale Mills, said, "Parkdale's acquisition of US Cotton is all about continued market penetration, complementary supply chain management and growth in the US retail market for personal care products made from cotton." Mr. Warlick also said "US Cotton provides us with a highly strategic and complementary technology as their manufacturing processes are noted to be some of the most efficient in the world using equipment and technology developed from years of research and development with the highest quality vendors in the industry. Parkdale is fully committed to applying the resources necessary to continue US Cotton's market penetration and leadership. As we share complementary technology visions, we firmly believe Parkdale will fully empower US Cotton with the broad-based financial and technical resources to grow its market share in the US and Canada and other markets worldwide."

Anthony Thomas the President and Chief Executive Officer of US Cotton, LLC said "It was a pleasant surprise to learn of the interest in US Cotton by Andy and his world class team. As we began and then expanded the due diligence process with his senior executives I was not only impressed with their manufacturing operations and expertise but also with their knowledge and understanding of the complex processes that are utilized by US Cotton." Commenting on the dominant market share held by US Cotton Mr. Thomas also said, "But what impressed me even more was learning that our companies share the same philosophies; being committed to innovation, relying on technological precision to craft the world's finest cotton products and to help us fulfill the growing needs of our customers." US Cotton will be a wholly owned, independent subsidiary of Parkdale Mills Inc, and will continue with its existing management team which consists of Mr. Thomas, President & CEO and senior executives in Operations, Marketing, Finance and Human Resources. The financial terms of the transaction are not being disclosed.

About Parkdale Mills Inc.
Founded in 1916, Parkdale is one of the largest yarn manufacturers in the world. Today, Parkdale operates 24 plants in four countries and consumes 30% of the U.S. cotton consumption. Parkdale's philosophy continues to be based on a single vision and pursuit of improvement-an approach that keeps customer needs first and foremost. Parkdale has remained a privately-owned company to retain flexibility, which provides the latitude for experimentation rarely found in publicly-owned firms. Please visit www.parkdalemills.com

About US Cotton, LLC
Anthony Thomas, the company's President and CEO, founded US Cotton, LLC in 1983. During these formative years, USC functioned as an Importer/Distributor of Swiss Beauty branded round pads. In establishing its business foundation, USC focused on establishing lasting relationships with both its customers and suppliers, while building a sound reputation for caring customer service. In 1990, USC relocated its base of operations and established world headquarters in Rio Rancho, New Mexico and currently has manufacturing and distribution facilities in Rio Rancho, Cleveland OH, Charlotte NC and Montreal Canada. The company has grown through a number acquisitions as well as generic growth over the years and is a vertically integrated manufacturer of its products. Product lines and production capabilities and capacities have been systematically expanded to the point that USC is able to provide its North American customer base with a full range of cotton products, in a timely manner, throughout a geographically dispersed network and all at attractive pricing. Please visit www.uscotton.com.