HAWTHORNE, Calif.--( BUSINESS WIRE)--Cereplast, Inc. (OTCBB:CERP), manufacturer of proprietary bio-based sustainable plastics, today announced it has started to supply compostable resin for a new line of environmentally-friendly toys developed by Cadaco, one of America’s oldest independent game and toy companies. Parts of Cadaco’s Enviro-BLOX™ building kits launched earlier this year at Toy Fair 2008 are manufactured using Cereplast Compostables® resin. Products made with Cereplast Compostables® resin are renewable, ecologically sound substitutes for petroleum-based plastic, replacing petroleum-based resins with bio-based materials sourced from corn, wheat, tapioca and potato starches.
We are very pleased about working with Cadaco and with the many new applications for our Compostables® family of resins,” said Frederic Scheer, Chairman and CEO of Cereplast. “We are seeing more and more converters and manufacturers producing environmentally safe alternatives to petroleum-based plastic products.”
“Enviro-BLOX™ are part of Cadaco’s commitment to creating toys and games that are safe for kids and for the environment as well,” said John Lindsay, President of Cadaco. “Cereplast’s bioresins provided us with a way to create unique tools to complement a totally green option for building toys without sacrificing any of the classic fun kids love.”
About Cereplast
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 ® 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 ® 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.
About Cadaco
Cadaco, founded in 1935, is one of America's oldest independent, family-owned game and toy companies. Known for classic family games like Tripoley™and Adverteasing™, the company also offers the world's largest line of magic products. Cadaco continues to grow into new areas with biodegradable Enviro-BLOX™ building sets, Absolutely You™ brand of tween girl products and art activity items like the revolutionary Crayon Paper™.
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.
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