To enhance their presence in the Egyptian Market:

Cairo, Egypt, July 12, 2011 - To enhance Sipes Paints and Dupont presence in the Egyptian market, Mr. Mahmoud Bdeir; the General Manager of Sipes Paints, and Mr. Johan Van den Hemel; the Brand Licensing Representative, DuPont Titanium Technologies - Europe, Middle East and Africa, signed a cooperation license agreement. This cooperation agreement will mark the launch of "Sipes Shield" product line as Egypt's exclusive Teflon® technology powered paint.

"DuPont" Teflon® surface protector technology provides "Sipes Paints" current two releases of the "Sipes Shield" interior -semi gloss and matt- paint with unparalleled chemical and physical features that power the  "Shield" interiors paint finish with longer newer elegant look, high durability and performance, outstanding washability and stain resistance. "Sipes Paints" is unleashing "Shield" in Egypt, followed by Lebanon, KSA and Libya markets.

 "We are delighted at "Sipes Paints" to form this cooperation with a world class raw material manufacturer as "DuPont". Combining our expertise with "DuPont" Teflon® brand establishes our presence as a leading visionary paint provider in the Egyptian market and comes to further harness our consistent efforts & commitment to supply our customers with the latest, best and safest trends in paint technologies." said Mr. Mahmoud Bdeir general manager of Sipes," The Teflon branded "Shield" family is without doubt a revolutionary addition to our coating solutions portfolio as well as the entire region paint market" he added.

"Egypt is a key market for coating products in the Middle East, and we are happy to co-brand the country's 1st Teflon integrated paint product release" said Johan Van den Hemel the Brand Licensing Representative, "Our strategic collaboration with "Sipes Paints" marks a new stage in the development of the paint business as well as mark a new standard of quality and added value in Egypt as well as the entire region" he concluded.

-Ends-

About Sipes
Sipes Paints is a major regional paint manufacturer that produces all types of paints and is committed to quality and service. The company is known for its cutting edge innovative technology, its premium products, and its devotion to quality and excellence. Sipes Paints, known to be the "Paint Experts" are always on the frontier when it comes to innovation and expertise in Paint.
For more information log on to www.sipes.net

About DuPont
DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
For more information log on to www.dupont.com

About Teflon®
With DuPont™ Teflon® surface protector technology, high-quality paints are formulated to provide the easy-care performance benefits that allow you to live in your home without worrying about stains and dirt ruining the beautiful look you have created. The paints that carry the Teflon® brand have been tested by DuPont to ensure the highest quality and easy cleanup from oily stains.
For more information log on to www.dupont.com

© Press Release 2011