Cryopak Receives $1.1 Million Reorder From Costco to Commence Spring Retail Season; Business with Club Store Giant Expected to Better Last Year's.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--April 15, 2003 Cryopak Industries Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYPKF)(TSXV: CII CII Confederation of Indian Industry CII Chartered Insurance Institute (UK) CII Construction Industry Institute (University of Texas) CII Council of Institutional Investors ) today announced that it has received repeat retail orders beginning at $1.1 million from Costco Corporation (U.S.) for immediate delivery of Cryopak's Flexible Ice(TM) Blanket. Throughout the spring/summer season, Costco will carry the Flexible Ice(TM) Blanket 'Club Pak' at all its U.S. stores. This is the second year in national distribution with Costco, and follows successful chain-wide distribution of the product last spring/summer in which Costco's sell-through parameters were achieved. Cryopak expects increased consumer take-away take·a·way n. 1. A concession, as in a lower level of health benefits, made by a labor union to a company in negotiating a new contract. 2. through Costco this year, as they are making the product available to their members almost two months earlier in the season. John Morgan John Morgan is a common name, especially in Wales, UK. Well-known people with this name include: Per profession
The 'Club Pak', with four 12" x 16.75" sheets of Flexible Ice(TM) per box, is the largest configuration in Cryopak's retail line. About Costco: Costco Corporation (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 : COST) based in Issaquah, Washington Issaquah (King County]], Washington, United States. The population was 11,212 at the 2000 census. Based on per capita income, one of the more reliable measures of affluence, Issaquah ranks 25th of 522 areas in the state of Washington to be ranked. , is a membership warehouse company, operating more than 412 warehouses, including 304 in the United States and Puerto Rico, 61 in Canada, 15 in the United Kingdom, five in Korea, three in Taiwan, three in Japan and 21 in Mexico. Costco's warehouses present one of the largest and most exclusive product category selections to be found under a single roof. Categories include groceries, candy, appliances, television and media, automotive supplies, tires, toys, hardware, sporting goods, jewelry, watches, cameras, books, housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. , apparel, health and beauty aids, tobacco, furniture, office supplies and office equipment. For more information, visit www.costco.com. About Cryopak: Cryopak Industries Inc. develops, manufactures and markets quality temperature-controlling products such as the premium patented Cryopak Flexible Ice(TM) Blanket, flexible hot and cold compresses, gel packs, and instant hot and cold packs. The products are used during transport to ensure critical temperature maintenance for pharmaceuticals, blood, airline food and beverages, seafood and all other perishable items. Cryopak's products are also used for first aid, medical and physiotherapy treatments, and, through retail distribution, for daily all-purpose chilling applications. With more than 10 years' experience in research and development, Cryopak also offers expert testing and consulting services to help companies optimize their cold-chain management programs. For more information visit www.cryopak.com. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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