Air Packaging Technologies manufacturers a revolutionary new patentedprotective packaging which provides unequaled protection for fragileproducts.
AIRP has now "merged" its unique technology with the marketing expertiseand worldwide reach of 3M, one of the world's most highly respected companies,by entering into two agreements granting 3M exclusive worldwide marketingrights in the consumer and industrial packaging markets. 3M's Stationery Products Division (SPD) which sell Scotch Brand™ tapeand Post-Its™ sells AIRP's products under the name 3M Inflata-Pak™Air Cushion Packaging to retail consumers at stores throughout the worldas an alternative to peanuts and bubble wrap. 3M's Packaging Systems Division (PSD) sells AIRP's industrial packagingproducts worldwide under the name 3M™ Air Cushion Packaging 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 itselfin quite a fight. Minnesota Mining & Manufacturing Co., the conglomerateknown 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) toprotect 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 AirBox, says its analysis shows its inflatable air-cushion packaging issuperior for protecting delicate goods. "Bubble Wrap is a not a particularlygood protective-wrap if you're sending fragile items," says Donald Ochacher,president of Air Packaging." 3M Inflata-Pak was recently awarded a 2001 Good Housekeeping Good BuyAward in a presentation featured on ABC's Good Morning America show.In its press release announcing the award, 3M's representative statedthat the retail mailing supplies market was growing at a double digitrate and was "pleased that the Good Housekeeping Institute has acknowledgedInflata-Pak air cushion packaging as an important new product in thiscategory. It gives people a reliable alternative when packaging itemsfor shipping". Each year, the Good Housekeeping Institute honors a special selectionof new products with its Good Buy Award for innovative problem-solvingand high-level performance. 3M's Packaging Systems Division will introduce the Company products underthe name 3M™ Air Cushion Packaging in January 2002. The extensive advertisingand public relations campaign will be directed to companies seeking totalsolutions for their packaging needs 3M intends to focus early in the campaign on the Semiconductor marketto capitalize on AIRP's previous success with Motorola, Photronics, LSIand Dupont. Rapid market penetration is expected in this market. Other markets to be targeted by 3M include Medical, Dental and Electronics Air Packaging Technologies Reports Record Third Quarter And Nine MonthSales Results Press Release Excerpt New York, New York, Nov 19, 2001 - Air Packaging Technologies Inc. award-winningmanufacturer of patented, transparent, inflatable air cushion packagingfor the protective and promotional packaging market, announced salesfor its third quarter ended September 30, 2001. Sales for the quarter were a record $323,655, a 47% increase comparedwith $220,833 for the comparable period of the preceding year. Salesfor the nine months ended September 30, 2001 were $1,446,088, a 159%increase compared with $558,513 for the preceding year. 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) 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 Donald M. Ochacher, CEO, Air Packaging Technologies Inc. - 800-424-7269ext 12 Investor Relations: Aimee Boutcher, Boutcher & Boutcher - 888-285-2727 Corporate Headquarters 25620 Rye Canyon Road Suite F Valencia, CA 91355 For visual demonstrations and technical specifications of its packagingsolutions please visit AIRP online at www.airbox.com ========================================= Disclaimer: MSR publishes reports providing informationon selected companies that MSR believes has investment potential. MSRis not a registered investment advisor or broker-dealer. This reportis provided as an information service only, and the statements and opinionsin this report should not be construed as an offer or solicitation tobuy or sell any security. MSR accepts no liability for any loss arisingfrom an investor's reliance on or use of this report. An investment inThe Above named company is considered to be highly speculative and shouldnot be considered unless a person can afford a complete loss of investment.MSR has been hired by a third party consultant, and is contracted toreceive a cash advertising fee of $500-$5000 for the publication andcirculation of this report. Subsequently MSR may buy or sell shares ofthe stock of the above mentioned company in the open market. This reportcontains forward-looking statements, which involve risks, and uncertaintiesthat may cause actual r! esults to differ materially from those set forthin the forward-looking statements. For further details concerning theserisks and uncertainties, see the SEC filings of the above mentioned companyincluding the company's most recent annual and quarterly reports. _______________________________________________________________________ Powered by List Builder To unsubscribe follow the link: http://lb.bcentral.com/ex/manage/subscriberprefs?customerid=11414&subid=D632BFB79F31AD64&msgnum=13
