PalWeb Corporation Announces Agreement with Decade Products.TULSA, Okla. -- Tulsa PalWeb Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PLWB) announced today that an agreement has been signed with Decade Products of Grand Rapids Grand Rapids, city (1990 pop. 189,126), seat of Kent co., SW central Mich., on the Grand River; inc. 1850. The second largest city in the state, it is a distribution, wholesale, and industrial center for an area that yields fruit, dairy products, farm produce, , Mich., to create a marketing division for the corporation. Decade manufactures and sells plastic returnable packaging products including branded items that include the MACX plastic container for agricultural and food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes. industries and the KitBin returnable container system. Decade is an international strategic partnership between Dolav USA and Cascade Engineering of Grand Rapids. "Our agreement gives PalWeb a broad presence across many industries and allows existing marketing relationships to stay in place and be strengthened," stated Warren Kruger, President of PalWeb. Ralph Harris Ralph Harris may refer to:
Decade will manage all marketing and customer service on pallet sales. About PalWeb Corporation PalWeb Corporation develops, manufactures and sells high quality plastic pallets Plastic pallets are pallets made of plastic. Plastic pallets are more widely used in Europe than in the rest of the world. Plastic pallets are often chosen over traditional wood pallets because they offer benefits which wood can not. that provide innovative logistics solutions needed by a wide range of industries, such as the food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , pharmaceuticals, automotive, chemical and consumer products industries, and large injection molding machines Injection molding machine (also known as injection press) - a machine for making plastic parts. Manufacturing products by injection molding process. Consist of two main parts, an injection unit and a clamping unit. and systems. For more information, visit PalWeb online at http://www.palweb-plwb.com. 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. This press release includes certain statements that may be deemed "forward-looking statements" within the meaning of federal securities laws. All statements, other than statements of historical facts, that address activities, events or developments that PalWeb expects, believes or anticipates will or may occur in the future, including decreased costs, potential sales of pallets and other possible business developments, are forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties. The forward-looking statements above could be affected by any of the following factors: PalWeb's prospects could be affected by changes in availability of raw materials, competition, rapid technological change and new legislation regarding environmental matters; PalWeb may not be able to secure additional financing necessary to sustain and grow its operations; and a material portion of PalWeb's business is and will be dependent upon a few large customers and there is no assurance that PalWeb will be able to retain such customers. These risks and other risks that could affect PalWeb's business are more fully described in its reports filed with the Securities and Exchange Commission, including PalWeb's Form 10-KSB for the fiscal year ended May 31, 2003. Actual results may vary materially from the forward-looking statements. PalWeb undertakes no duty to update any of the forward-looking statements in this release. |
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