PARSIPPANY, N.J., February 6, 2004 -- GenTek Inc. (OTC Bulletin Board: GETI) announced today that
it has filed the registration statement required by the registration rights agreement entered into
by GenTek and certain former creditors who received common stock in connection with the company's
reorganization under Chapter 11. Pursuant to the registration rights agreement, GenTek was
required to register approximately 4.2 million shares of its common stock on a shelf registration
statement.
A registration statement relating to these securities has been filed with the Securities and
Exchange Commission but has not yet become effective. These securities may not be sold nor may
offers to buy be accepted before the time the registration statement becomes effective absent an
applicable exemption from the registration requirements of the Securities Act of 1933, as
amended. This notice shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of these securities in any state in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the securities laws of any
such state.
About GenTek Inc.
GenTek Inc. is a manufacturer of telecommunications products, industrial components and
performance chemicals. Additional information about the company is available on GenTek's Web site
at www.gentek-global.com.
This press release includes forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Certain statements, other than statements of historical
facts, included herein may constitute forward-looking statements. We have based these
forward-looking statements on our current expectations and projections about future events.
Although we believe that our assumptions made in connection with the forward-looking statements
are reasonable, there can be no assurances that these assumptions and expectations will prove to
have been correct. Important factors that could cause actual results to differ from these
expectations include, among others, the impact of our reorganization under Chapter 11; our ability
to fund and execute our business plan; potential adverse developments with respect to our
liquidity or results of operations; our outstanding indebtedness and leverage; the impact of the
restrictions imposed by our indebtedness; the high degree of competition in certain of our
businesses, and the potential for new competitors to enter into those businesses; continued or
increased price pressure in our markets; customers and suppliers seeking contractual and credit
terms less favorable to us; our ability to maintain customers and suppliers that are important to
our operations; our ability to attract and retain new customers; the impact of possible
substantial future cash funding requirements for our pension plans, particularly if investment
returns on pension assets are lower than assumed; the extent to which we undertake dispositions
and new acquisitions or enter into strategic joint ventures or partnerships and their
implementation; the impact of any possible failure to achieve targeted cost reductions; increases
in the cost of raw materials, including energy and other inputs used to make our products; our
ability to attract, retain and compensate key executives and employees; future modifications to
existing laws and regulations affecting the environment, health and safety; discovery of unknown
contingent liabilities, including environmental contamination at our facilities; suppliers' delays
or inability to deliver key raw materials; breakdowns or closures of our or certain of our
customers' plants or facilities; inability to obtain sufficient insurance coverage or the terms
thereof; domestic and international economic conditions, fluctuations in interest rates and in
foreign currency exchange rates; the cyclical nature of certain of our businesses and markets; the
potential that actual results may differ from the estimates and assumptions used by management in
the preparation of the consolidated financial statements; the impact of "fresh start" accounting
on our financial statements; future technological advances which may affect our existing product
lines; and other risks detailed from time to time in our SEC reports. We undertake no obligation
to publicly update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. In light of these risks, uncertainties and assumptions,
the forward-looking events discussed in this press release might not occur.
Media Contact:
Gia L. Oei, 603-929-2489
Gia.Oei@gentek-global.com
Investor Contact:
Mark Connor, 973-515-1989
MConnor@gentek-global.com