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Air Packaging Technologies manufacturers a revolutionary new patented protective packaging which provides unequaled protection
for fragile products.
AIRP has now "merged" its unique technology with the marketing expertise and worldwide reach of 3M, one of the world's most highly respected companies, by entering into two agreements
granting 3M exclusive worldwide marketing rights in the consumer and industrial packaging markets.
3M's Stationery Products Division (SPD) which sell Scotch Brand tape and Post-Its sells AIRP's products under the name 3M Inflata-Pak Air Cushion Packaging to retail consumers at stores throughout the world as an alternative to peanuts and bubble wrap.
3M's Packaging Systems Division (PSD) sells AIRP's industrial packaging products worldwide under the name
3M Air Cushion Packaging
Click
here for Stock Quote
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The Bubble Economy: Packaging Firm Faces Fight in Field It Began
By Michael McCarthy Staff Reporter of The Wall Street Journal.
Excerpt
"Four decades into owning the field it created, Bubble Wrap finds itself in quite a fight. Minnesota Mining & Manufacturing Co., the conglomerate known for Scotch tape and Post-it Notes, just began marketing
Inflata-Pak, a little blow up package that comes with a straw (think beach ball) to protect watches, perfume bottles and other delicate items during shipping. "Wow! No more Messy Peanuts or Bubble Wrap," the box brags.
Inflata-Pak is made for 3M by Air Packaging Technologies Inc., of Valencia, Calif., which has been running its own drop tests with its own accelerometer. The California company, whose product is also sold under the name Air Box, says its analysis shows its inflatable air-cushion packaging is superior for protecting delicate goods. "Bubble Wrap is a not a particularly good protective-wrap if you're sending fragile items," says Donald
Ochacher, president of Air Packaging."
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3M SPD Web Site
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Click
here for Good Morning America's 2001 Good Housekeeping Award |
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3M Inflata-Pak was recently awarded a 2001 Good Housekeeping Good Buy Award in a presentation featured on ABC's Good Morning America show. In its press release announcing the award, 3M's representative stated that the retail mailing supplies market was growing at a double digit rate and was "pleased that the Good Housekeeping Institute has acknowledged
Inflata-Pak air cushion packaging as an important new product in this category. It gives people a reliable alternative when packaging items for shipping".
Each year, the Good Housekeeping Institute honors a special selection of new products with its Good Buy Award for innovative problem-solving and high-level performance.
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3M's Packaging Systems Division will introduce the Company products under the name 3M Air Cushion Packaging in January 2002. The extensive advertising and public relations campaign will be directed
to companies seeking total solutions for their packaging needs
3M intends to focus early in the campaign on the Semiconductor market to capitalize on AIRP's previous
success with Motorola, Photronics, LSI and Dupont. Rapid market penetration is expected in this market.
Other markets to be targeted by 3M include Medical, Dental and Electronics
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3M PSD Web Site |
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Air Packaging Technologies Reports Record Third Quarter And Nine Month Sales Results
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Press Release Excerpt
New York, New York, Nov 19, 2001 - Air Packaging Technologies Inc.
award-winning manufacturer of patented, transparent, inflatable air cushion
packaging for the protective and promotional packaging market, announced
sales for its third quarter ended September 30, 2001.
Sales for the quarter were a record $323,655, a 47% increase compared with
$220,833 for the comparable period of the preceding year. Sales for the nine
months ended September 30, 2001 were $1,446,088, a 159% increase compared
with $558,513 for the preceding year.
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52 Week Hi: $1.905 (06/14/2001)
52 Week Low: $0.61 (12/21/2000)
Market Cap: $12.7 Million
Shares Out: 12.094
Current Price: $1.045 (12/18/2001)
Volume: 28,200 (12/18/2001)
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Donald M. Ochacher, President, Chairman and Chief Executive Officer.
Janet Maxey, Chief Financial Officer
Elwood C. Trotter, Vice President of Sales
Garry Newman, Vice President of Manufacturing and Engineering |
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Donald M. Ochacher, CEO, Air Packaging Technologies Inc. - 800-424-7269 ext 12
Investor Relations: Aimee Boutcher, Boutcher & Boutcher - 888-285-2727
Corporate Headquarters
25620 Rye Canyon Road
Suite F
Valencia, CA 91355
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For visual demonstrations and technical specifications of its packaging solutions please visit AIRP online at
www.airbox.com
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