Air Packaging Wins International Awards.VALENCIA, Calif.--(BUSINESS WIRE)--Oct. 5, 1999-- Air Packaging Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AIRP AIRP Air Power (Air Force 'motivator') AIRP Air Intake Recirculation and Purification AIRP Aircraft Instrumentation Research Program AIRP Airborne Integration Route Planner ) announced that it has received two awards in the World Packaging Organization (WPO WPO Women Presidents' Organization (New York, NY) WPO World Packaging Organization WPO World Powerlifting Organization WPO Werkplek Onderzoek (Netherlands) ) international competition. WPO is the parent organization of all national packaging organizations and only previous winners of national competitions are eligible for WorldStar awards. Air Packaging received the first award for its AirBox(R) for shipping photomasks in the Specialty Packaging Category. This innovative package eliminates damage to these fragile electronic components while at the same time reducing its customers' shipping costs and saving storage space. The Company received its second WorldStar award in the Medical Device Category for its dental shipper SHIPPER. One who ships or puts goods on board of a vessel, to be carried to another place during her voyage. In general, the shipper is bound to pay for the hire of the vessel, or the freight of the goods. 1 Bouv. Inst. n. 1030. . This revolutionary package is used to ship up to four dental molds or dental apparatuses between a dentist's office and a dental laboratory A dental laboratory is a light manufacturing facility for the production of dental restorations on the order of a dentist. Dental laboratories may make dentures, crowns, or other dental restorations such as implant crowns. in a protective air cushion air cushion n. 1. Trapped air that supports a vehicle a short distance above the surface of land or water. 2. A device that uses trapped air to absorb the shock of motion, especially in vehicles. Also called air spring. that can be shipped in an air courier envelope. Not only has the AirBox substantially reduced the direct cost of shipment for the dental lab and virtually eliminated storage requirements at dentists' offices, but it has further reduced the net cost to the customer through the sale of printed advertising to its suppliers on the package itself. Donald Ochacher, President of Air Packaging stated : "These prestigious awards are further recognition of the growing acceptance which our products are finding in the marketplace and proof that the concept of protective packaging in air has come of age. "The packages for which Air Packaging won its WorldStar awards are only two of many which our company continues to develop for a variety of industrial and commercial shipping applications and the Company expects its rate of sales to increase substantially in the next twelve months." Ochacher further stated: "We are particularly pleased that the AirBox has received increasing attention from Internet-based companies since we believe that the AirBox is an ideal solution for the shipping needs of many of these fast-growing Internet companies." The foregoing information contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that anticipate future trends or events. These statements are based on certain assumptions that may prove to be erroneous erroneous adj. 1) in error, wrong. 2) not according to established law, particularly in a legal decision or court ruling. 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion