2 million in the same period last year. Diluted loss per share from continuing operations was $0.
"Unfortunately, due to the ongoing losses, we have no choice but to
halt production in our South African Textile plants," commented Mr. In connection with this strategy, the Company will be
holding a special meeting of shareholders on February 28, 2005 to vote
on the previously announced going private transaction and expects to
close the transaction immediately thereafter.08)
Discontinued operations (0.
"Difco's technical expertise in finishing FR materials combined with
Colorama 's deep knowledge of dyeing and recent investments in new equipment
will bring greater service and added value to our customers," said Bill
Spencer, Vice President and General Manager, PGI Canada . Additional company information is available at
http://www.polymergroupinc. Investors and other readers are directed to consider the risks
and uncertainties discussed in documents filed by Polymer Group , Inc. The
company plans to use its web site at www.com.

plain category

Included in
discontinued operations are the Company's South African garment
operations and all operations in Mauritius. Diluted loss per share was $0."

Production Halted in South African Textile Operations

Given our inability to improve the results of our South African
textile business to operate profitably, the Company decided to stop
production and seek a sale of the business or its assets.

About Novel Denim

Novel Denim is a flexible supplier of a broad range of woven and
printed fabrics, to customers primarily in the United States and
Europe.65) $ (0.com as its principal
e-commerce site.

import plain

Novel Denim 's facilities are currently located in Shenzen,
China and Cape Town, South Africa.

import applications

3 million for the same quarter last year.C. Such statements are indicated by words or phrases
such as "anticipate, " "estimate," "project," "expect," "believe" and
similar words or phrases.

Novel Denim Holdings Limited
Selected Income Statement Information (Unaudited)
(in thousands, except per share amounts)


For the Three Months For the Nine Months
Ended Ended
December 31, December 31,
-------------------- ----------------------
Reclassified Reclassified
2003 2004 2003 2004
------------ ------- ------------- --------
Net sales $ 15,342 $20,886 $ 37,954 $ 56,349
Cost of goods sold 11,943 21,090 30,786 54,111
----------- ------- ------------ --------
Gross profit/(loss) 3,399 (204) 7,168 2,238
Other revenues (105) 748 1 ,826 1,261
Selling, general +
administrative expenses 4,302 4,184 10,643 9,903
Other expenses -- 1,144 -- 1,144
----------- ------- ------------ --------
Operating loss (1,008) (4 ,784) (1,649) (7,548)
Interest expense, net 413 233 1,150 873
----------- ------- ------------ --------
Loss before taxation (1,421) (5,017) (2,799) (8,421)
Tax 233 297 -- 282
----------- ------- ------------ --------
Net loss from continuing
operations (1,654) (5,314) (2,799) (8,703)
Net (loss)/income from
discontinued operations (5,235) (644) (5,317) 599
----------- ------- ------------ --------
Net loss $ (6,889)$(5,958) $ (8,116)$ (8,104)
=========== ======= ============ ========

Earnings per share
---------------------------
Basic
Continuing operations $ (0.35)$ (1. "Together our
companies bring customers nearly 150 years of expertise. For more information, please visit www.

This category lists companies involved in the wholesale trade of textile fabrics and are located in the Middle East.

stretch applications

21)$ (0.07
----------- -- ----- ------------ --------
Total $ (0."
The company has begun wholesale distribution of Mac accessories in
Asia and expects to implement sales efforts in the United States
during the second and third quarter of 2005. Forward-looking statements can be
identified by the use of forward-looking terminology such as
"believes", "expects", "is expected", "intends", "may ", "will",
"should", "anticipates", "plans" or the negative thereof.

nonwovens category

Net
loss decreased to $6.6 million from a
net loss of $5.
"Our operating results during the last quarter reflect the
significant ongoing production and competitive challenges faced in
returning the Company to profitability," commented Mr. Chao,
Chief Executive Officer and President of Novel Denim.74) $ (1.65) (0.
Polymer Group, Inc. Investors should carefully consider the preceding
information before making an investment in the common stock of the
Company.

nonwovens apparel

Net loss for the nine month periods ending December 2004
and 2003 were both $8.01 in each comparable period. Such statements are based on current
expectations and are subject to certain risks and uncertainties
including, but not to, the overall level of consumer spending on
apparel, the financial strength of the retail industry limited
generally and the Company 's customers in particular, changes in trends
in the market segments in which the Company competes , the level of
demand for the Company's garments and fabrics, actions by its major
customers or existing or new competitors, changes in currency and
interest rates, changes in applicable tax laws , regulations and
treaties, import/export laws and treaties and changes in economic or
political conditions in the markets where the Company sells or
manufactures its products, as well as other risks and uncertainties
set forth in the Company's publicly-filed documents, including its
Annual Report on Form 20-F for the fiscal year ended March 31, 2004."
The partnership has already resulted in PGI Difco expanding its product
portfolio to offer knitted sheared fleece FR fabrics for use in garments worn
by electricians and utility line workers. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual results to
vary materially from historical results or from any future results
expressed or implied in such forward -looking statements.

middle involved

74, compared to diluted loss
per share of $0.4 million, compared to $38.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect , actual results may vary
materially from those anticipated, estimated or projected.01)

Diluted
Continuing operations $ (0. (OTC Bulletin Board: POLGA; POLGB) Canada's Difco business is partnering
with an Ontario-based fabric dyer and finisher to provide customers the latest
technology , expanded capacity and new protective fabrics.

rigid printed

These protective garments are
designed to offer protection against electrical arcs, a growing area in FR
apparel, to meet National Fire Protection Association (NFPA) 70E regulations., one of the world's leading producers of nonwovens, is
a global, technology-driven developer, producer and marketer of engineered
materials. These forward -looking statements speak only as of the
date of this release. The company plans to
consolidate its distribution of Mac accessories and other computer
hardware through its wholly owned subsidiary , Eystar Media, Inc.

printed textile

21 in the comparable quarter
last year.66) 0.86)$ (0. PGI Difco provides customers latest technology and new FR products

NORTH CHARLESTON, S.
The strategic agreement with Colorama enables PGI Difco to continue to
offer customers high-quality flame-resistant (FR) products as well as its
woven cotton and polyester/cotton products, and broaden its product portfolio
through a dedicated, responsive, cost-competitive dyeing and finishing
partner.
PGI Difco, based in Magog, Canada, provides high-performance woven
products for industrial, automotive and filtration applications, and FR
apparel and turnout gear used by firefighters, military personnel , utility
workers, and petrochemical and other industries.digitalapps. Secured
Digital Applications , Inc. does not undertake to update, revise or
correct any forward-looking statements. Investors are cautioned that
current results are not necessarily indicative of future results, and
actual results may differ from projected amounts.

fabrics middle

0 million for the same period
last year. Diluted loss per share from continuing
operations was $1.08, compared to diluted loss per share of $0. Novel Denim produces and/or
finishes a diversified and innovative range of denim, chino, twill and
printed fabrics , including lightweights, alternative weaves and
specialty colors and finishes.08)
Discontinued operations (0.09) (0.digitalapps.

nonwovens import

7 million in the same period last
year.65,
compared to diluted loss per share of $0.7 million from a net loss of $2.8 million in the first
nine months of fiscal 2004.65) (0. (formerly known as Digital
Broadband Networks, Inc.) and its subsidiaries are involved in the
development of practical applications for digital technology in home
and industry .gallant-it.

printed sarl

Outlook and Special Meeting of Shareholders

As previously announced the Company is focused on scaling down its
operations and reducing costs where possible in order to become cash
flow positive.21)$ (0.

Polymer Group Inc. Canada Partners with Fabric Dyer and Finisher

, Polymer Group,
Inc. With the broadest range of process technologies in the nonwovens
industry, PGI is a global supplier to leading consumer and industrial product
manufacturers.
The decision to more aggressively pursue the Mac accessories
market is an example of the manner in which Secured Digital intends to
use the capabilities of its existing lines of business to generate
additional revenue , Lim explained.

fabrics applications

Net loss from continuing
operations increased to $5.01)$ (1. (OTCBB:SDGL) www.

nonwovens apparel

For the nine months ended December 31, 2004, net sales increased
48. Diluted loss per share
were both $1.

Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995.01)$ (1.
"PGI Difco will continue to provide the most technologically advanced FR
apparel that offers the highest levels of protection and performance, as well
as comfort for firefighters and other workers that wear them," he said.

Secured Digital to Market Mac Accessories Through E-Commerce and Wholesale Distribution

About Secured Digital Applications:

Secured Digital Applications , Inc.

apparel fabrics

Novel Denim Holdings Limited Announces Fiscal 2005 Third Quarter Results; Company Halting Production in South African Textile Operations Due to Ongoing Losses

7 million charge in the third
quarter ended December 31, 2004 to write-down fabric inventories and
provide for severance payments.5% to $56. This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934 , as amended.86)$ (0.01)

Weighted average Ordinary
Shares outstanding
Basic 8,028 8,028 8,028 8,028
Diluted 8,028 8,028 8,028 8,028

Novel Denim Holdings Limited
Selected Balance Sheet Information (Unaudited)
(US$ in thousands)

Reclassified Reclassified
December March December
31, 31, 31,
2003 2004 2004
------------ ----------- ----------
ASSETS
Cash and cash equivalents $ 5,764 $ 3,333 $ 6,703
Accounts receivable 12,310 10,096 12,502
Inventories 15,827 15,473 11,760
Other current assets 4,196 2,028 1,458
Assets of discontinued operations 94,910 65,919 8 ,615
Deferred tax assets 1,100 402 356
Fixed assets, net 34,585 22,361 20,325
---------- -- ----------- ---------
Total assets $ 168,692 $ 119,612 $ 61,719
============ =========== =========
LIABILITIES + SHAREHOLDERS ' EQUITY
Short-term borrowings and bank
overdrafts $ 38,139 $ 33 ,474 $ 14,684
Current portion of long-term
borrowings 6,188 5,625 3,938
Other current liabilities 16,275 13,892 15,501
Liabilities of discontinued
operations 39,748 34,773 3,021
Other liabilities 8,495 6,994 7,844
Deferred tax liabilities 689 1,234 1,234
------------ ----------- ---------
Total liabilities 109,534 95,992 46,222
Shareholders' equity 59,158 23,620 15,497
------------ ----- ------ ---------
Total liabilities +
shareholders' equity $ 168,692 $ 119,612 $ 61,719
============ =========== =========

Safe Harbor Statement
Except for historical information contained herein, the matters set forth
in this press release are forward-looking statements that involve certain
risks and uncertainties that could cause actual results to differ materially
from those described in the forward -looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. with the
Securities and Exchange Commission, including the company's 2004 Annual Report
on Form 10-K.

sarl involved

0 million in the third quarter of fiscal 2005
compared to a net loss of $6. Following this wind-down, the
Company's sole operation will be NDP, its fabric and dyeing business,
in Shenzen, China. Net loss from continuing operations
increased to $8.07
----------- ------- ------------ --------
Total $ (0.net through its
subsidiary Gallant IT Holdings Sdn Bhd, one of Malaysia's largest
Apple retailers, today announced that it plans to expand its role as a
distributor of Mac accessories as an e-commerce operator and wholesale
distributor in the United States and Asia.

east plain

As a result, the Company plans all production to halt by the
middle of February and has taken a $3.09) (0.66 ) 0.74) $ (1.my

Safe Harbor Statement:

Information contained herein contains forward -looking statements
and information that are based upon beliefs of, and information
currently available to, management, as well as estimates and
assumptions made by management.

knitted printed

9 million in the same period last year.
Net loss from discontinued operations decreased to $0.35)$ (1.

import are

35 in
the comparable nine month period last year. Novel Denim's customers include major
retailers, wholesalers and manufacturers of leading designer and
private label apparel brands.com.com

applications lebanon

The company operates 22 manufacturing facilities throughout the
world. Important factors that could cause actual results to
differ materially from those discussed in such forward-looking statements
include: general economic factors including, but not limited to, changes in
interest rates, foreign currency translation rates, consumer confidence,
trends in disposable income, changes in consumer demand for goods produced ,
and cyclical or other downturns; substantial debt levels and potential
inability to maintain sufficient liquidity to finance the company's operations
and make necessary capital expenditures; inability to meet existing debt
covenants; information and technological advances; changes in environmental
laws and regulations; cost and availability of raw materials, labor and
natural and other resources and the inability to pass raw material cost
increases along to customers; domestic and foreign competition; reliance on
major customers and suppliers; and risks related to operations in foreign
jurisdictions .

For further information, please contact:
Dennis Norman
Vice President - Strategic Planning + Communication
(843) 329-5151
normand@pginw.

fabrics import

3 million in the third quarter of fiscal
2005 compared to a net loss of $1.
Chao.65) $ (0. For more complete
information concerning factors that could affect the Company's
results, reference is made to the Company's registration statements,
reports and other documents filed with the Securities and Exchange
Commission.

lists applications

9
million , compared to $15. K. "During the past
quarter we continued to work on disposing our remaining assets in
Mauritius and garment assets in South Africa and further analyzed
strategic alternatives for our South African textile business.1 million.C. "Our position in the middle of
the Apple marketplace in Malaysia provides an important asset to
leverage the sales of companion products.eystar.

apparel import

Business Editors

HONG KONG----Novel Denim Holdings
Limited (Nasdaq SmallCap: NVLD) today reported its financial results
for the third quarter and nine months ended December 31, 2004 of its
fiscal year ending March 31, 2005.

Business Editors/High-Tech Writers

NEW YORK----Secured Digital
Applications, Inc.
The company said that it plans to leverage the expertise of
Gallant, which operates two Apple retail centers in Malaysia and plans
to open a third during 2005, to more aggressively enter the growing
market for the many accessories built by third-party manufacturers to
integrate with Apple products, in particular the popular iPod.
"Our experience with Gallant indicates that there is an attractive
market for the accessories that have proliferated to expand the
capabilities of the iPod and other Apple products," said Patrick Lim,
Chairman and CEO of Secured Digital. The company which also operates an
Internet content business and shipping and logistics business will
work with Eystar to develop a distribution network, he explained.

lebanon fabrics

For the third quarter, net sales increased by 36.1% to $20.86 in the comparable quarter last year. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information ,
future events or otherwise. The SDGL companies include businesses that focus on the
integration and provision of secured shipping and supply chain
management service; the sale of biometrics security systems; and
development of Web based interactive multimedia content; systems
integration, servicing of computers, the sale of the EyStar SmartHome
Management System, broadband modems, IP cameras, Apple computers and
peripherals.net,
www.

textiles distribution

---

- - kjjkjk

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