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AIRP: Air Packaging Technologies Inc. Announces First Retail Packaging Order for Air BoxTM from Skin Market
An entirely new market opportunity for our Company, says CEO, Donald M. Ochacher
Valencia, California, USA September 11, 2000 - Air Packaging Technologies Inc. (OTCBB: AIRP), award-winning high-tech innovator in patented, inflatable transparent packaging, today announced the Company's first order for retail packaging. The new order is from Skin Market, a rapidly growing chain of teenage cosmetics stores located in major shopping malls. The Air Box will be used to package a line of cosmetics.
Donald Ochacher, CEO and President of Air Packaging Technologies stated: "This is the first time that the Air Box has been chosen as retail packaging, an entirely new market opportunity for our Company. The customer chose our product because of the unique way in which its new product is displayed in our transparent package; what we at the Company call the "Wow Factor". We have designed a multi-compartment Air Box for the customer that will house several of the customer's products as well as an instructional videotape, which is an excellent example of the type of versatility which our product possesses.
We are hopeful that this usage of the Air Box will lead to substantial new opportunities in the retail packaging market. We believe that the uniqueness of our product makes it exceptionally suitable for the introduction of new products, particularly to a youth-oriented marketplace."
Other companies in the packaging industry include Georgia-Pacific Group, Pactiv Corp., International Paper Company, Bemis Co., Owens-Illinois, Jefferson Smurfit, Ivex Packaging Corp., Sealed Air Corporation, and Crown Cork & Seal.
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