Foilmark Announces Third Quarter Results.

Business Editors

NEWBURYPORT, Mass.--(BUSINESS WIRE)--April 27, 2001

Foilmark, Inc. (Nasdaq National Market: FLMK), a global marketer and supplier of value-added hot stamping foils, holographic security and packaging products and image transfer systems, today announced financial results

For the third quarter, the Company reported revenues of $16.6 million and net income of $520,258 or $.06 per diluted share. This compares to revenues of $16.9 million and net income of $1,000,780 or $.12 per diluted share in the third quarter of last year.

As announced on April 11, 2001, Illinois Tool Works Inc. (NYSE:ITW) and Foilmark, Inc. (Nasdaq:FLMK) signed a definitive merger agreement pursuant to which ITW will acquire Foilmark. On April 20, 2001, ITW, through a subsidiary, commenced a cash tender offer to purchase all of the outstanding shares of common stock of Foilmark at a price of $6.36 per share. The transaction is subject to customary conditions, including the valid tender of at least a majority of Foilmark's outstanding shares of common stock (on a fully diluted basis). Following the expiration of the initial tender offer period, currently scheduled to occur at midnight on May 17, 2001, it is anticipated that any shares of common stock not purchased in the tender offer will be acquired for the same price in cash in a second-step merger.

Investors and security holders may obtain a free copy of the tender offer statement and other relevant documents on the SEC's web site at: www.sec.gov. Any such tender offer statement and related materials may also be obtained for free by directing such requests to Illinois Tool Works Inc. at (847) 657-4104.

ABOUT FOILMARK

Foilmark is a leader in the rapidly growing market for holographic security and packaging products. Foilmark is the only holographic company that is vertically integrated from product development through final converting, thus allowing Foilmark to stay ahead of the curve for new product development, as well as drive volume through competitive pricing while maintaining margins.

Foilmark's holographic security products are used to authenticate items such as driver's licenses, transaction cards, currency, documents of value and high-end consumer packaging to prevent counterfeiting and diversion. Foilmark's holographic packaging products feature a broad array of holographic media that are used to enhance the perceived value of consumer packaging and goods.