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Plasticon International's New Slab Bolster Mold Represents Quantum Leap in Recycled Plastics Manufacturing Technology; New Product Affirms Plasticon's Role as the Technology Leader in Recycled Plastics Sector.


LEXINGTON, Ky. -- Plasticon International Inc. (Pink Sheets:PLNI PLNI Pacific Lightnet Inc (Honolulu) ) today announced it has procured a revolutionary slab bolster mold, which will allow the company to dramatically increase production capacity and create an even more cost-effective production cycle.

"This new technology has the potential to transform our industry, in terms of cost savings, efficiencies, and the ease of use for our end users," said Jim Turek, 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 Plasticon International, Inc.

Production capacity of the company's patented Slab Bolster rebar re·bar  
n.
1. A rod or bar used for reinforcement in concrete or asphalt pourings.

2. A group of such rods forming a grid.



[re(inforcing) bar.]
 support product with the new mold now increases to 60 feet per shot verses 10 feet for the older generation of molds. This is an explosive increase of 600 percent in production capability and allows for approximately 42,000,000 feet to be produced annually.

"There are three competitive advantages this technology gives our company," Mr. Turek said. "First it gives us the ability to significantly improve output costs. Second, it gives us the ability to radically increase production capacity and productivity as our sales continue to increase. And third, our patented snap lock a lock shutting with a catch or snap.

See also: Snap
 design eliminates overlapping in the installation of rebar support, so our customers will realize tremendous savings on both labor costs and materials."

In the construction industry, overlapping occurs with conventional support products when they are placed and overlapped as the sections are joined together. Plasticon's new snap lock design results in a 6 % - 7 % savings in the costs of materials on every application by completely eliminating overlapping. Additionally, overall labor costs are lowered as the conventional process of overlapping and tying the supports together is also eliminated.

Sales from the increased production capabilities of the new mold could top $12,000,000.00, a major portion of which is already under contract. "As we continue to expand our sales efforts, we believe this technology gives us an unmistakable edge over our competition. We are committed to delivering the advantages of our new product to our expanding customer base worldwide. We are also committed to ongoing research and development so that Plasticon International can continue to redefine Verb 1. redefine - give a new or different definition to; "She redefined his duties"
define, delimit, delimitate, delineate, specify - determine the essential quality of

2.
 the technology of plastic."

Mr. Turek discussed the new product announcement in a CEO webcast, which can be viewed online at by the general public on The Green Baron Investors Society's website at www.TheGreenBaron.com on Monday, May 16, 2005.

About the Slab Bolster Product

The Slab Bolster product is used to support steel reinforcing bar in concrete structures. This single product replaces all six of the existing support products, including wire, wire tipped, wired pipped, stainless, galvanized gal·va·nize  
tr.v. gal·va·nized, gal·va·niz·ing, gal·va·niz·es
1. To stimulate or shock with an electric current.

2.
, and epoxy epoxy

Any of a class of thermosetting polymers, polyethers built up from monomers with an ether group that takes the form of a three-membered epoxide ring. The familiar two-part epoxy adhesives consist of a resin with epoxide rings at the ends of its molecules and a curing
 coated slab bolsters.

The new Slab Bolster's unique engineering and design features offers many advantages over conventional rebar support products.

Plasticon's Slab Bolster product:

--maintains its tolerance even after rebar has been placed on it, thereby eliminating the need to continually adjust the supports to meet engineering design specifications.

--Does not rust.

--Does not absorb water.

--Does not decay with exposure to salt water (chloride ion attack).

--Does not conduct electricity (It is 'non-dielectric').

One of the major advantages to Plasticon's products is they reduce a huge problem in the construction industry: SPAULLING. Spaulling is the phenomenon where concrete tends to crack or break away, which is caused primarily by dielectric dielectric (dī'ĭlĕk`trĭk), material that does not conduct electricity readily, i.e., an insulator (see insulation). A good dielectric should also have other properties: It must resist breakdown under high voltages; it should not  support products rusting or decaying. "Conventional support products, which conduct electricity and are known as 'dialectric', are notorious for spaulling problems," Mr. Turek said. "However, our product reduces spaulling because of the way our products are engineered and manufactured."

About Plasticon International Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber lumber, term for timber that has been cut into boards for use as a building material. The major steps in producing lumber involve logging (the felling and preparation of timber for shipment to sawmills), sawing the logs into boards, grading the boards according to , and office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work").  which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally-friendly, using recycled plastics to produce its line of products.

Disclaimer: The Company relies upon the 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.
 Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are 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.
. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
, compensation, and other factors which may be identified from time to time in the Company's public announcements.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 16, 2005
Words:781
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