HONG KONG - (Business Wire) Biopack Environmental Solutions Inc. (OTCBB: BPAC) a leading designer, manufacturer and supplier of 100% biodegradable packaging products, is pleased to announce its entry into the Asian packaging market. Biopack’s expansion into this rapidly growing sustainable packaging market is through sales of its green fruit trays to city’super, a high end supermarket chain with stores in Hong Kong and Taiwan. Biopack’s 100% biodegradable and compostable products are prominently featured in city’super’s organic fruit sections, packaging a wide variety of fruit. Above the display stands, the following headline is clearly visible:
"city’super is going GREEN! From now on, ALL ORGANIC Fruits will be featured with ‘GREEN SUGAR CANE TRAYS’. All new trays are BIO-DEGRADABLE. You can be sure the product and packaging are eco-friendly.”
Images of Biopack's packaging products featured on the shelves at city’super can be seen at the following link: http://biopackenvironmental.com/product_showcase.php
“We are very happy to be selling our products into the Asian market now, especially as we are based out of Hong Kong ourselves," commented Mr. Gerald Lau, Chief Executive Officer of Biopack Environmental Solutions Inc. “The size and sophistication of the Asian market is developing at an amazing pace. It is happening much faster than we originally anticipated, as consumers and corporations alike are demanding environmentally friendly packaging products. Global environmental concerns are becoming even more of an issue here, and we believe that Asia's enormous population should create tremendous opportunity for Biopack’s socially responsible and environmentally friendly products.” He added “With the recent introduction of levies on plastic bags in Hong Kong, and an entire ban on most plastic bags in China getting things started, we can foresee the regulatory legislation that will also push consumers and corporations towards eco-friendly packaging products happening at an accelerated rate.”
About city’super:
city’super was established in Hong Kong in 1996, and now employs more than 1,200 people across four retail brands. It considers itself as a "Mega Lifestyle Specialty Store" and is focused on satisfying customers demands “with high quality, internationally sourced merchandise which is ethically and environmentally responsible”. city’super has 9 stores in Hong Kong, 3 in Taipei Taiwan, and has trading companies in Japan and the United States.
About Biopack:
Biopack manufactures 100% biodegradable consumer packaging products from locally available sugar cane waste called Bagasse. Based in Hong Kong with manufacturing facilities in Jiangmen, China, Biopack has earned the “premium brand” label in the biodegradable packaging market in Europe. Distributed under the “Roots Biopack” trademark, Biopack’s unique line of compostable packaging is sold in 12 European countries, North America, Hong Kong and Taiwan. For investor inquiries and information about our comprehensive line of biodegradable packaging solutions, please visit our website at http://www.biopackenvironmental.com
Safe Harbor
All statements other than statements of historical fact that are included in this press release and that mention activities, events or developments that we believe may occur in the future are forward-looking statements. The use of words such as "anticipate," "continue," "estimate," "expect," "may," "project," "should," "believe" and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this press release include those regarding Biopack’s belief that the Asian market is developing in sophistication and demand at an amazing pace; that consumers and corporations alike are demanding environmentally friendly packaging product; hopes that the enormous population size of Asia should create tremendous opportunity for Biopack’s socially responsible and environmentally friendly products and that regulatory legislation will push consumers and corporations towards eco-friendly packaging products is happening at an accelerated rate. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Risks that might cause actual results to differ from these projections include, but are not limited to, those discussed in Biopack's most recent Annual Report on Form 10-KSB and other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission.
Biopack Environmental Solutions Inc.
Sean Webster, 852-3586-1386
COO
sean@biopackev.com
