DEKALB, ILLINOIS (September 17, 2007) - Ron Leach, President and CEO of Tegrant Corporation, announced the promotion of William M. Kelly to the position of President of Alloyd Brands, part of Tegrant’s new Strategic Business Unit Structure.

The new corporate reporting structure consists of three independent Strategic Business Units (SBU); each operating under its own President with full P&L responsibility. Bill joined Alloyd Brands in 2003 as Divisional Vice President of Operations; in 2004 he was promoted to Corporate VP of Operations and subsequently became Executive Vice President, a position he has held until the present.

"I am excited about the opportunity to lead Alloyd Brands and ensure the continuity of the work and success of this unique organization," said Bill Kelly. "Alloyd Brands has tremendous recognition in the consumer and medical packaging markets. The challenge ahead is to continue to develop innovative products and services that the market demands and our customers expect."

Prior to Tegrant Corporation, Bill worked for Ivex/Alcoa Corporation, as Vice President and General Manager of European Consumer Packaging and Vice President of Operations for Medical & Electronic Customer Thermoforming. Prior to Ivex/Alcoa, he worked 21 years for James River Corporation, where he held various staff positions including Vice President and General Manager.

For further information about Alloyd Brands, please contact Rob van Gilse, Director of Marketing and Business Development, Alloyd Brands, rob.vangilse@tegrant.com For further information about Tegrant Corporation, please contact Kevin Grogan, Vice President of Marketing and Business Development, Tegrant Corporation, kevin.grogan@tegrant.com