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Veteran Specialty Films and Packaging Executive Brings More than 30 Years of Experience

SOUTH PLAINFIELD, NJ - June 30, 2009 - IGI CORP., a leading provider of tapes and films for the sign, screen and digital printing industries, today announced that Bud Philbrook, a highly accomplished executive with deep experience in the specialty films and packaging sectors, has been appointed the Company's new President and CEO. He was most recently President and CEO of Atlantis Plastics, Inc. after serving as President, Films Business; President of Operations; and President and Chief Operating Officer of the company.

"IGI, the parent of RTape and CET Films, is an outstanding company and a market leader in the specialty tapes and films world. I am excited and honored to join the organization," said Philbrook. "I look forward to working closely with our employees and supplier partners to deliver the highest quality and value to our customers and take our company to the next level."

Philbrook, 55, comes to IGI with over 30 years of industrial experience that includes several senior leadership positions with domestic and international, public and privately-held companies. They include Plassein International Corp., where he was President, CEO and Director; Huhtamaki Packaging Worldwide, where he was Group VP, Consumer Packaging, Americas; and Van Leer Flexibles, where he served as President. He has a solid track record of growing value added product lines, and an extensive background in the application of statistical methods and lean manufacturing principles.