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BPI Packaging Technologies Inc. announces appointment of chief financial officer.


N. DIGHTON, Mass.--(BUSINESS WIRE)--Oct. 18, 1996--BPI Packaging Technologies Inc. ("BPI (Bits Per Inch) The measurement of the number of bits stored in one linear inch of a track (storage channel) on a disk or tape. Bit density on magnetic disks has reached 800,000 bpi (800 Kbpi). See tpi, areal density and magnetic disk.

BPI - bits per inch
")(NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 NMS See NetWare Management System. : "BPIE BPIE Base Procured Investment Equipment " (Common Stock)), today announced the appointment of Jack Wallace, C.P.A. as chief financial officer.

Dennis N. Caulfield, chairman and chief executive officer, stated, "Mr. Wallace is Senior Partner of Wallace, Savage & Danehy, P.C., Stoughton, Massachusetts Stoughton (Official Name: Town of Stoughton) is a town in Norfolk County, Massachusetts, United States. The population was 27,149 at the 2000 census. History
Stoughton was first settled in 1713 and was officially incorporated in 1726.
, a public accounting firm. He will serve as interim Chief Financial Officer and assist in the selection of a Chief Financial Officer. Subsequent to the appointment of a Chief Financial Officer, Mr. Wallace will serve as a consultant to the Company."

Caulfield concluded, "We are fortunate to have Mr. Wallace agree to serve as interim Chief Financial Officer. He has more than 30 years experience with public and private companies and Wallace, Savage & Danehy, P.C., has an outstanding reputation for its work with emerging companies." -0-

BPI Packaging Technologies Inc. is a leading manufacturer of traditional plastic grocery carry-out bags, referred to as t-shirt sacks, proprietary t-shirt bags and plastic film products, and proprietary in-store advertising and promotional products.

CONTACT: BPI Packaging Technologies Inc.

Dennis N. Caulfield, 508/824-8636

or

Tower Research Associates

Arthur Stupay, 216/861-6950
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 18, 1996
Words:191
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