Cereplast, Inc. Hybrid Resins[R] Reduce Use of Petroleum-Based Plastics.Proprietary starch-based renewable bio-plastics blend with traditional petroleum-based resins to create a more sustainable product HAWTHORNE, Calif. -- Cereplast, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CERP CERP Continuing Education Recognition Points CERP Comprehensive Everglades Restoration Plan (United States Army Corp of Engineers; South Florida Water Management District, and other Florida state agencies) ), is a leading manufacturer of proprietary bio-based, sustainable plastics. The Company's patented bio-based resins are used to manufacture bio-plastics for packaging and various industrial and consumer applications. "We are depleting the earth's resources more rapidly than ever," commented Mr. Frederic Scheer, Founder, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cereplast, Inc. "Industries the world over are scurrying scur·ry intr.v. scur·ried, scur·ry·ing, scur·ries 1. To go with light running steps; scamper. 2. To flurry or swirl about. n. pl. scur·ries 1. The act of scurrying. to develop alternatives to fossil fuel-derived products, of which plastics are the most plentiful. Not only is it getting more and more expensive to manufacture traditional plastics, it's also becoming an environmental and morale issue with consumers." Cereplast holds 48 patents and patent-pendings on bio-resins and bio-plastics worldwide. Its line of Cereplast Hybrid[R] Resins just received another US Patent office approval. Cereplast Hybrids[R] are a mix of traditional fossil-based resins and renewable resources. By using both types of feedstock, Cereplast is able to reduce the use of non-renewable resources A non-renewable resource is a natural resource that cannot be re-made, re-grown or regenerated on a scale comparative to its consumption. It exists in a fixed amount that is being renewed or is used up faster than it can be made by nature. , which reduces production of CO2 and other greenhouse gases. Cereplast Compostables[R] provides a solution that is totally biodegradable and composts quickly leaving no chemical residues (ASTM ASTM abbr. American Society for Testing and Materials 6400). "By utilizing bio-plastics we not only reduce the carbon footprint A carbon footprint is the total amount of carbon dioxide (CO2) and other greenhouse gases emitted over the full life cycle of a product or service. , we also reduce the potential waste flowing into landfills, rivers and oceans. However, we also realize that it has to make economic sense in order for industry and consumers to adopt it. For manufacturers, the cost of producing bio-plastics is less than the traditional plastics in some cases. We believe this will become the rule as fossil fuel fossil fuel: see energy, sources of; fuel. fossil fuel Any of a class of materials of biologic origin occurring within the Earth's crust that can be used as a source of energy. Fossil fuels include coal, petroleum, and natural gas. prices increase and manufacturing technologies advance." Scheer continued, "Huge multi-national players like Cargill, ADM See add/drop multiplexer. (language) ADM - A picture query language, extension of Sequel2. ["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538]. DuPont and Dow have been researching bio-plastics for years and are starting to enter this growing industry. The market is worth hundreds of billions of dollars worldwide, and these companies know that sustainability is crucial to their long-term success. Cereplast is well-positioned, with a solid intellectual property portfolio, seasoned management and a strong customer contract base." About Cereplast, Inc. Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. On the cutting-edge of bio-based plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables Resins[R] are ideally suited for single use applications where high bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Hybrid Resins[R] combine high bio-based content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Matters discussed in this press release contain forward-looking statements 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. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. |
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