BPI Packaging Technologies Inc. announces in-store test for Floor Focus Ad-Tile with Coca-Cola France and a major international supermarket chain.NORTH DIGHTON Dighton is either:
BPI - bits per inch ") (NASDAQ/NMS:BPIE BPIE Base Procured Investment Equipment ) (Common Stock), today announced an eight week in-store test for its Floor Focus Ad-Tile(TM) advertising (billboard on the floor) with Coca-Cola Coca-Cola soft drink found throughout the world. [Trademarks:Crowley Trade, 115] See : Ubiquity France and a major international supermarket chain to begin in June, 1997. Floor Focus Ad-Tile(TM) advertising revenues from the French market are anticipated to begin in the third quarter of this fiscal year. Dennis N. Caulfield, chairman and chief executive officer, stated, "Coca-Cola France plans to test Floor Focus Ad-Tile(TM) advertising in ten hypermarket hy·per·mar·ket n. A very large commercial establishment that is a combination of a department store and a supermarket. hypermarket Noun a huge self-service store [translation of French (referred to as Super Stores in the U.S.) owned by a major international supermarket chain in France. Coca-Cola France plans to have seven Floor Focus Ad-Tiles(TM) advertising various Coca-Cola products installed in each hypermarket. Upon the successful completion of the eight week in-store test, Coca-Cola France intends to expand the program to all 1,052 hypermarkets in France as floor space becomes available." Caulfield continued, "BPI has been working with Coca-Cola France on this program since July, 1996 and the program is now ready to move forward. We are confident that the Floor Focus Ad-Tile(TM) in-store test will be as successful for Coca-Cola as it has been for other products in the U.S. where sales increased 21.5% to 29.5%. It is anticipated that a successful in-store test with Coca-Cola France will open up the French and European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. market for Floor Focus Ad-Tile(TM) advertising with Coca-Cola, other multi-national package goods companies, and supermarkets." Caulfield concluded, "The 1,052 hypermarkets in France represent an annual market potential for Floor Focus-Ad Tile(TM), based on current pricing, of approximately $100 million annually. The successful conclusion of the eight week in-store test will provide initial market entry into the French market with a major international supermarket chain. Since July, 1996, we have put a major effort into the French and South American markets, and as a result of this effort the infrastructure to sell in-store Floor Focus Ad-Tile(TM) advertising to multi-national package goods companies is much further advanced in these markets than in the U.S. market. The European and South American markets for in-store advertising and promotion programs are much less competitive than the U.S. market and margins are attractive. Consequently, these markets have excellent sales and profit potential for Floor Focus Ad-Tile(TM)." BPI Packaging Technologies, Inc., is a leading manufacturer of traditional plastic grocery carryout car·ry·out adj. Intended to be consumed away from the place of sale; takeout: a shop offering carryout sandwiches. n. An item of food or a meal that is to be consumed away from the place of sale. bags, referred to as t-shirt sacks, proprietary t-shirt bags, and proprietary in-store advertising and promotion products. -0- NOTE TO EDITORS: Certain statements contained in this press release are not based on historical facts, but are "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. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that are based upon a number of assumptions concerning future conditions that may ultimately prove to be inaccurate. Actual events and results may materially differ from anticipated results described in such statements. CONTACT: BPI Packaging Technologies Inc. Dennis N. Caulfield, 508/824-8636 or Tower Research Associates Arthur Stupay, 216/861-4816 |
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