Chase Corporation Acquires Paper Tyger.Business Editors BRIDGEWATER, Mass.--(BUSINESS WIRE)--Dec. 9, 2003 Chase Corporation (AMEX AMEX See: American Stock Exchange :CCF CCF abbr. Cooperative Commonwealth Federation of Canada ) today announced that it recently concluded the acquisition of the assets of Paper Tyger, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , headquartered in Middlefield, Connecticut Middlefield is a town in Middlesex County, Connecticut, United States. The population was 4,203 at the 2000 census. Geography According to the United States Census Bureau, the town has a total area of 34.5 km² (13.3 mi²). 32.9 km² (12.7 mi²) of it is land and 1.6 km² (0. . Paper Tyger, LLC is a manufacturer and marketer of laminated, durable papers produced with patented technology. The company's products, marketed under the names Paper Tyger(R) NaturalWhite and SuperWhite, are sold primarily to the envelope converting and commercial printing industries. Chase Corporation currently performs laminating services for Paper Tyger at its facility in Webster, Massachusetts. In making the announcement, Peter R. Chase, 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 Chase Corporation said, "the consolidation of Paper Tyger's unique product range is a logical progression in its evolution. Combining the financial and manufacturing resources of Chase Corporation with the design and marketing skills of Paper Tyger is a winning combination. We are also pleased that Jim Lordi will be joining the Company as its Business Director of Paper Laminates. Jim's technical knowledge and business management experience will be a key to our success." Certain statements in this press release are forward-looking. These may be identified by the use of forward-looking words or phrases such as "believe"; "expect"; "anticipate"' "should"; "planned"' "estimated" and "potential" among others. These forward-looking statements are based on Chase Corporation's current expectations. 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 provides "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. " for such forward-looking statements. Chase Corporation is a diversified, advanced manufacturing company providing a wide variety of high quality products and services to multiple industries. Since the founding of the Company in 1946, Chase has grown to become a successful, carefully managed, multi-divisional company with a global customer base. Additional information is also available on the World Wide Web at www.chasecorp.com. |
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