FOAMEX INTERNATIONAL NAMES DONALD W. PHILLIPS EXECUTIVE VICE PRESIDENT OF AUTOMOTOVE PRODUCTS Establishes Technical Products Group in Detroit LINWOOD, PA, July 1, 2004 – Foamex International Inc. (NASDAQ: FMXI), the world's leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, today announced that Donald W. Phillips has been named to the position of Executive Vice President, Automotive Products, succeeding Arthur H. Vartanian, who has left the company to pursue other interests. Mr. Phillips will report to Thomas E. Chorman, President and Chief Executive Officer of Foamex, and will be based in Novi, MI. Foamex also announced that it has created a Detroit-based center for the marketing, sales and development of engineered, technical foam products for the automotive markets. This new solutions organization is an arm of the company's Technical Products Group, and will be headed by Daniel Frich, Vice President - Automotive Solutions. Mr. Frich will also be based in Novi. "It is with great pleasure that I announce Don's return to the Company in this new role," said Thomas E. Chorman, President and Chief Executive Officer of Foamex. "With over 15 years of experience in the industry, six of which were spent with Foamex, Don is an accomplished executive with excellent relationships in the primary channel for our automotive products. We are also excited to announce the expansion of our Technical Products Group into the Detroit market, which will improve our ability to assist our customers in collaborative development efforts for technical foams and continue our history of innovation in the automotive industry. In addition, we are pleased that Dan Frich has accepted the opportunity to lead this new group." Mr. Phillips commented: "I look forward to working with the rest of the Foamex management team to improve results and deliver superior service and products for our customers." Mr. Phillips, 38, initially joined Foamex in March of 1997 as Senior Account Manager. In this role he was responsible for running major automotive supplier accounts representing over 60 percent of Foamex's Automotive Division sales, as well as business forecasting, market strategy, and managing quality and materials issues for the Division. Prior to joining Foamex, Mr. Phillips was North American Automotive Manager of Petoskey Plastics, Inc., a global manufacturer of blown polyethylene film products. From 1993 through 1995, Mr. Phillips was a Manufacturing Representative at C. Neumann Associates, Inc., where he managed existing programs and new business initiatives. Earlier in his career, Mr. Phillips worked for Chemcentral, Inc. as a sales representative. Mr. Phillips holds an undergraduate degree in finance and accounting from Lawrence Technological University. Mr. Frich, 34, brings seven years of R&D experience with Foamex and ARCO Chemical developing and commercializing new urethane materials for Automotive and Specialty markets; most recently, he was Plant Manager of Foamex's Santa Teresa, NM plant. He holds a Ph.D in Material (Polymer) Science from the University of Illinois at Urbana-Champaign, an M.B.A. from the Wharton School, University of Pennsylvania and a B. S. degree in Materials Engineering from Renssalaer Polytechnic Institute. About Foamex International Inc. headquartered in Linwood, PA, is the world's leading producer of comfort cushioning for bedding, furniture, carpet cushion and automotive markets. The Company also manufactures high-performance polymers for diverse applications in the industrial, aerospace, defense, electronics and computer industries. For more information visit the Foamex web site at http://www.foamex.com. Forward-Looking Statements This press release contains written and oral statements made from time to time by representatives of the Company that may contain, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, those relating to completion of operational restructuring as currently contemplated and the currently anticipated benefits of the restructuring, including those relating to the work force reductions, cost savings and restructuring charges, the expected benefits of expanding the use of VPF technology, the Company's ability to introduce new products, enhance sales growth and margins and the outlook for the Company's financial performance. These forward-looking statements are affected by risks, uncertainties and assumptions that the Company makes about, among other things, its ability to implement customer selling price increases in response to higher raw material costs, raw material price increases, general economic conditions, conditions in the capital markets, the interest rate environment, the level of automotive production, carpet production, furniture and bedding production and housing starts, the completion of various restructuring/consolidation plans, the achievement of management's business plans, its capital and debt structure (including financial covenants), litigation and changes in environmental legislation and environmental conditions and other factors mentioned in the documents filed by the Company with the Securities and Exchange Commission. While the Company believes that its assumptions regarding the foregoing matters are reasonable, any of the assumptions could be inaccurate, and therefore there can be no assurance that the Company's forward-looking statements will prove to be accurate. Additional information that could cause actual results to vary materially from the results anticipated may be found in the Company's most recent Form 10-K and other reports filed with the Securities and Exchange Commission. Readers should be aware that any forward-looking statement made in this press release or elsewhere by the Company speaks only as of the date on which it is made, and the Company disclaims any obligation or intent to update any of the factors listed above or forward-looking statements. #        #        #