Biome Tech Regulatory News (BIOM)

1 Aug 2005 07:01

Stanelco PLC01 August 2005 1st August 2005 Stanelco plc ("Stanleco") Director Appointment Stanelco plc, the RF applications Group, is delighted to announce theappointment of Martin Wagner as Commercial Director of Stanelco RF TechnologiesLtd with a remit to assist in the commercialisation of Stanelco's food packagingtechnologies including GREENSEAL and Starpol 2000. Martin was previously Head of Packaging Development at ASDA Stores Limited wherehe has spent the last 5 years heading up a number of different commercial teamsdelivering both significant savings to the business and leading ground breakingstrategic initiatives, and was directly involved in ASDA's adoption of theGREENSEAL technology project. Martin brings to Stanelco his experience ofworking directly in the food and beverage supply industry as well as thehealthcare and pharmaceutical industries at director level. GREENSEAL is Stanelco's technology for sealing lids on to food trays and sealingthermoformed food packs. Almost all heat-sealing requires the use of laminatedmaterials; these are up to 20% more expensive and uneconomic to recycle.GREENSEAL works on more environmentally responsible materials that are lowercost and economic to recycle. In addition GREENSEAL can seal throughcontamination of the seal area, solving the major cause of rejected product. Starpol 2000 is a range of low cost, food contact approved, biodegradablematerials that can be run on conventional thermoforming equipment to form foodpackaging. Trays made from this material are suitable for MAP (modifiedAtmosphere Packaging) used to preserve food quality and extend shelf life. Martin Wagner commented: "I am looking forward in particular to making a major contribution to theadoption of Stanelco's GREENSEAL Technology and Starpol 2000 packaging materialswithin the food and retailing industries." Ian Balchin, CEO Stanelco plc commented: "We are delighted that Martin has accepted this role. Martin is superbly placedto assist us in optimising the delivery of GREENSEAL to ASDA and othercustomers. In addition, Martin's appointment will help us with our planning forthe prospect of a significant take up of our Starpol 2000 material within theretail sector." Ends For further information please contact: Ian Balchin, Chief ExecutiveStanelco PLCTel: +44 (0)2380 867 100 Jonathon Brill/Billy CleggFinancial DynamicsTel: +44 (0)20 7831 3113 About Stanelco plc The Stanelco Group of companies (the Group) has brought together expertise inradio frequency (RF) technology, RF applications and biodegradable materialsciences to create a revolutionary range of packaging technologies. Stanelco's philosophy is that new products and processes must offer solutionsand applications which: • give higher added value, • are greener, more environmentally sustainable than those they replace • and have protectable intellectual property rights. Stanelco will develop the products and processes to a demonstration stage andthen work with partners in order to reach the markets; and under thesecircumstances Stanelco will usually seek to license its technology. Stanelcoinvests considerable time and resources in ensuring its technologies areprotected via layers of patents wherever possible. In this way Stanelco believes it can minimise commercial risk and preserve thehighest value for shareholders. The products offering the prospect of near term revenue generation are beinggiven priority over the Group's resources. Stanelco was founded in 1953 and is a world leader in the development of radiofrequency technologies for processing polymers for edible and packagingapplications and the design and manufacture of optical fibre technology,induction heating and dielectric welding equipment. Stanelco's Currentdevelopments include GREENSEAL Food tray lidding technology, STARPOL (starch /pva blended material), FrogPack high impact low cost packaging format,CradleWrap range of biodegradable air cushion packaging, Soluble tape, 100%water-soluble films and adhesives, Biodegradable Airbag (void fill) packaging,water-soluble detergent capsules, edible sachets and waste packing. GREENSEAL, STARPOL, Frog Pack and CradleWrap are all trademarks of the Stanelcoplc group. This information is provided by RNS The company news service from the London Stock Exchange