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Air Packaging Technologies: VaspEx, International Air Express Firm, Orders Air Box(TM)
"Another new market opportunity has opened up for us," says CEO Donald M. Ochacher.
Valencia, California, USA - September 25, 2000 - Air Packaging Technologies Inc. (OTCBB: AIRP), award-winning high-tech innovator in patented inflatable packaging, today announced a new order from VaspEx, the air express division of Vasp Brazilian Airlines, one of the largest airlines in South America.
Donald Ochacher, CEO and President of Air Packaging Technologies, stated: "VaspEx has been successfully testing the Air Box(TM) for the safe air shipment of fragile items for over a year and have now placed their first substantial order for three sizes of the Air Box. We have long felt that the air courier market represented an exciting opportunity for our Company and we are hopeful that VaspEx's selection of the Air Box will lead to new business with many of the other international air courier companies. In addition, this is our first large order from Brazil and we believe that the exposure which this order will provide could lead to many additional sales opportunities in Brazil and throughout South America."
A rotating visual demonstration of the Companyís products can be viewed by clicking on the following hypertext link: http://www.airbox.com/images/rotate.gif
Air Packaging Technologies Inc. is an award-winning developer and manufacturer of inflatable protective and promotional packaging. Its goal is to position the Companyís patented products as 21st century alternatives to conventional packaging such as bubble wrap, foam and polystyrene peanuts.
Recent clients of Air Packaging Technologies Inc. include Motorola, Redken, Photronics, Dolce & Gabbana, Breitling, Chivas Regal, Nordstromís, Skin Market, Ha-Lo Industries and MTV Networks. Air Packaging Technologies Inc. has been recognized by the World Packaging Organization, Ameristar, Westpack, the Flexible Packaging Association and Packaging Magazine in categories covering commercial and industrial, shipping, process, electronics, innovative design and environmentally responsive packaging.
Further information on Air Packaging Technologies Inc., as well as visual demonstrations and technical specifications of its packaging solutions are available online at www.airbox.com, or directly from the Company, as listed below.
The foregoing information contains certain forward-looking statements that anticipate future trends or events. These statements are based on certain assumptions that may prove to be erroneous and are subject to certain risks including but not limited to the uncertainties of the Company's new product introductions, the risks of increased competition and technological change in the Company's industry and other risks detailed in the Company's Securities and Exchange Commission filings. Accordingly, actual results may differ, possibly materially, from the predictions contained herein.
Contacts: Donald M. Ochacher Air Packaging Technologies Inc. 25620 Rye Canyon Road Valencia, CA 91355 Telephone: / Fax:
E-Mail:
Website: www.airbox.com