Cereplast, Inc. Invited to Northern California Green Food Ware Fair.Cereplast and Its Partners Ready to Provide Alternatives as Polystyrene Foam Containers Are Phased Out HAWTHORNE, Calif. -- The City of Oakland has invited Cereplast, Inc.[TM] (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) ), a producer of renewable and biodegradable biodegradable /bio·de·grad·a·ble/ (-de-grad´ah-b'l) susceptible of degradation by biological processes, as by bacterial or other enzymatic action. bi·o·de·grad·a·ble adj. resins that are alternatives to petroleum based resins, to attend its Green Food Ware Fair on November 16, 2006. The Green Food Ware Fair is being held to prepare food service providers for the city wide ban on polystyrene foam. As of January 2, 2007, food vendors in Oakland may no longer use disposable food service ware made from polystyrene foam (sometimes referred to as Styrofoam[R]). Instead, disposable food service ware must transition to biodegradable and compostable products. Cereplast's Biodegradable Products Institute (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 ) certified resins use a patented and proprietary manufacturing process that incorporates starch starch, white, odorless, tasteless, carbohydrate powder. It plays a vital role in the biochemistry of both plants and animals and has important commercial uses. and other biodegradable components. These resins are a substitute for petroleum based resins, and can be used to manufacture plastic cutlery, plates, cups, straws and containers that are biodegradable and compostable. Cereplast has been working closely with many of the major food packaging converters to facilitate the development of biodegradable and compostable food service ware. "We are pleased to support the City of Oakland in showing food service vendors that viable biodegradable and compostable alternatives for food service products are readily available. One of our customers is launching a new and comprehensive line of food service products using Cereplast resins," said Frederic Scheer, President 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. "We expect that this ban on polystyrene foam enacted in Oakland and in other cities around the country, will further accelerate the increasing demand for our resins." The fair will be held in the Oakland Asian Cultural Center from 3-5 pm, and is being sponsored by Vice Mayor of Oakland Jean Quan. About Cereplast Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary bio-based, renewable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding injection molding n. A manufacturing process for forming objects, as of plastic or metal, by heating the molding material to a fluid state and injecting it into a mold. , thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum based plastics. Cereplast's uniquely formulated resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute). 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 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. 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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