LITTLE KNOWN COMPANY ABOUT TO TAKE OFF!
Air Packaging Technologies Inc Financials
FINANCIALS
52 Week Hi: $1.905 (06/14/2001)
52 Week Low: $0.42 (2/13/2002)
Market Cap: $6 Million
Shares Out: 12.094
Current Price: $0.54 (2/27/2002)
Volume: 14,500 (2/27/2002)
CORPORATE PROFILE
Air Packaging Technologies Inc. (OTCBB: AIRP)
Air Packaging Technologies manufactures 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 sells 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
WALL STREET JOURNAL FEATURE STORY
Air Packaging Technologies Inc. (OTCBB: AIRP)
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.
WALL STREET JOURNAL FRONT PAGE STORY
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."
3M SPD Web Site
3M's Packaging Systems Division has introduced the Company's 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
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. - 800-424-7269 ext 12
Investor Relations: Aimee Boutcher, Boutcher & Boutcher - 973-239-2878
Corporate Headquarters
25620 Rye Canyon Road
Suite F
Valencia, CA 91355
For visual demonstrations and technical specifications of its packaging
solutions please visit AIRP online at www.airbox.com
For HTML version http://www.airbox.com/email/
=========================================
Disclaimer:
MAG publishes reports providing informationon selected companies that MAG
believes has investment potential. MAG is 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. MAG 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.MAG 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 MAG 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 results 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=F2B3928B2FFA112B&msgnum=18
