November 30, 2006 17:06 ET

Peter Ferris Named President of Charter Medical, Ltd., a Subsidiary of Lydall, Inc.

MANCHESTER, CT -- (MARKET WIRE) -- November 30, 2006 --Lydall, Inc. (NYSE: LDL) today announced that Peter Ferris has been named President of Charter Medical, Ltd., its wholly owned subsidiary located in Winston-Salem, North Carolina.

Ferris comes to Lydall with over 20 years of business experience. Most recently he was Vice President of Strategic Marketing for Tyco International, Ltd. While at Tyco, he held senior positions in Global Marketing at Tyco's undersea fiber optics business as well as leadership positions in Corporate Marketing at Tyco International's corporate office in New York.

Prior to joining Tyco, Ferris spent nine years with the Dexter Corporation, a specialty materials company, based in Connecticut. At Dexter, he started in the CEO's management development program, which led to a series of progressive management positions in Marketing and Research and Development at Dexter's Food Packaging, Automotive and Magnetic Materials businesses. His last position with Dexter was Vice President/General Manager of the Polymer Systems business.

Shortly after graduation from college, Ferris founded a premium, perishable manufacturing and distribution business, which he successfully ran for nine years. He holds a B.S. degree in Economics and Finance from Southern New Hampshire University.

Lydall, Inc. is a New York Stock Exchange listed company, headquartered in Manchester, Connecticut. The Company, with operations in the U.S., France, and Germany and numerous sales offices in Europe and Asia, focuses on specialty engineered products for the thermal/acoustical and filtration/separation markets. Charter Medical, Ltd., a Lydall subsidiary, is a vital fluids management company focused on providing products to separate, contain and transport vital fluids in the blood and cell therapy market and the biotech and pharmaceutical industries.

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