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Press Releases
     
 
2009-07-22
Cereplast Finds Success at Major International Plastic Show
Company Attracts Substantial Number of New Prospects for Its Bio-based Resins
 
Hawthorne, Calif. – July 22, 2009 – Cereplast, Inc.(OTC BB: CERP), developer of proprietary bio-based sustainable plastics, today announced that its presence at NPE2009, the International Plastics Showcase, was a success and resulted in a substantial number of new prospects. The event produced by the Society of the Plastics Industry, Inc. (SPI) and co-located with the Society of Plastics Engineers' ANTEC 2009, is the world's largest plastics technical conference and attracted in excess of 45,000 visitors.
 
Despite the effects of the economic downturn, interest in Cereplast’s bio-based plastics was high and the company attracted serious inquiries from a very large number of domestic and international plastic converters, brand-owners and designers. “The show was extremely busy for us, non-stop from early morning to late night and more important, the quality of the visits was very good and we met a lot of decision makers” said Philippe Ravera, Cereplast’s Senior VP Sales and Marketing. “We enjoyed meeting our regular customers, distributors, potential customers, brand-owners and international visitors from five continents. We are convinced this event will bring additional business during the third and fourth quarters of 2009,” Ravera added.
 
“The attention received by Cereplast and the NPE bioplastics pavilion confirm that in spite of the economy the level of interest in bioplastics remains very high,” said Frederic Sheer, Chairman and CEO of Cereplast. “Analysts predict a growth for the bioplastic industry of 30% a year for the next five years and the level of activity at NPE 2009 confirmed a very bright future.”
About Cereplast, Inc.
Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. On the cutting-edge of bio-based plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single use applications where high bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Hybrid Resins(R) combine high bio-based content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Contact:
For Cereplast, Inc.                             
Philippe Ravera
(310) 676 5000