U.S. National Parks Begin Use of EarthShell Packaging Sandwich Wraps; Baltimore/Washington Test Market Successful.Business Editors EarthShell(R) 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 : ERTH), innovators of food service packaging designed with the environment in mind, today announced that EarthShell Packaging(R) sandwich wraps are now being used in eight national parks This is a list of national parks ordered by nation. Africa
The foodservice venues of these parks are serviced by Aramark, a global managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality company that manages food operations at a number of parks and resorts across the United States. The parks using EarthShell's wraps include Shenandoah National Park Shenandoah National Park, 198,081 acres (80,195 hectares), N Va., extending 80 mi (129 km) along the crest of the Blue Ridge. Authorized in 1926, it was fully established as a national park in 1935. in Luray, Virginia Luray is a town located in the Shenandoah Valley of Northern Virginia in the United States. It is the county seat of Page CountyGR6, and the population was 4,871 at the 2000 census and it has stayed about the same since[1]. ; Mesa Verde National Park Mesa Verde National Park (mā'sə vûrd`, vûr`dē), 52,122 acres (21,109 hectares), SW Colorado; est. 1906. It includes the most notable and best-preserved cliff dwellings (see cliff dwellers) and relics in the United States, in Colorado; Bushkill Falls in Pennsylvania; Pikes Peak Pikes Peak, 14,110 ft (4,301 m) high, central Colo., in the Front Range of the Rocky Mts.; discovered by U.S. explorer Zebulon Pike in 1806. There are many higher peaks in the Rockies, but this is the best known and most conspicuous because of its location on the in Colorado; historic Ellis Island in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ; Hearst Castle in San Simeon, California; Muir Woods National Monument Muir Woods National Monument: see National Parks and Monuments (table). Muir Woods National Monument National woodland, northern California, U.S. in San Francisco and Lake Powell, which starts in Northern Arizona and extends into southern Utah. Prior to distribution within the U.S. national park system, EarthShell completed a successful test market of its sandwich wraps in the Baltimore/Washington area over a three-month period. The wraps met test objectives for product performance and price validation in the marketplace. The wraps use the same ingredients as other EarthShell Packaging products, such as plates and bowls, which are also in use in the national park system. These ingredients, such as limestone, starch and other biodegradable materials, result in packaging that is environmentally preferable compared to traditional foil or paper and plastic-laminated wraps. The wraps will be used by the parks to serve a variety of hot and cold sandwiches. "Expanding EarthShell Packaging throughout the U.S. national park system has always been an important part of our plans," said Simon K. Hodson, chief executive officer of EarthShell Corporation. "We are excited that our new sandwich wraps are beginning use within the park system and feel that our products are a great complement to the environmental goals of the National Park Service. We are also very pleased with the results of the test market because it confirms that our environmentally preferable packaging performs well and is cost competitive. We believe that DuPont, with whom we recently signed a letter of intent, will build upon this test market feedback as they assume leadership for the development, production, marketing and distribution of the wraps." In the Baltimore/Washington test market, several different wrap sizes were introduced in-market with a variety of hot and cold sandwiches and met fitness-for-use requirements, such as insulation, grease resistance, moisture retention and overall ease of use in operations. Feedback on the products, which are printed with the EarthShell logo and environmental message, was positive when compared to traditional laminated paper and foil wraps. The global sandwich wrap market is estimated at approximately $1 billion annually. EarthShell sandwich containers, plates and bowls are designed with the environment in mind. Developed over many years using a "life cycle inventory" and in consultation with leading environmental experts, EarthShell products reduce the environmental burdens of rigid food service packaging through the careful selection of raw materials, processes and suppliers. The products are made primarily from natural limestone and potato starch. The new packaging poses substantially fewer risks to wildlife than polystyrene foam packaging because it biodegrades when exposed to moisture in nature, physically disintegrates in water when crushed or broken, and can be composted in a commercial facility (where available) or in your backyard. In addition, the company has recently introduced flexible packaging in the form of sandwich wraps that also have been developed using a "life cycle inventory." Like EarthShell's rigid packaging, the wraps also biodegrade when exposed to moisture and bacteria in nature and can be composted in a commercial facility (where available) or in your backyard. EarthShell Corporation is engaged in licensing and commercializing its proprietary composite material technology for the manufacture of disposable food service packaging, including cups, plates, bowls, hinged-lid containers and sandwich wraps. In addition to certain environmental characteristics, EarthShell Packaging is designed to be cost- and performance-competitive compared to other food service packaging materials. Additional information may be found via the Internet at www.EarthShell.com. This press release may contain "forward-looking statements" 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. Such forward-looking statements involve known and unknown risks, uncertainties of other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include, but are not limited to, those discussed in the Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations in the Company's most recent Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other documents filed by the Company with the Securities and Exchange Commission. |
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