Biome Tech Regulatory News (BIOM)

22 Jun 2005 07:00

Stanelco PLC22 June 2005 22 June 2005 Stanelco confirms Second Order for GREENSEALTechnology from ASDA Supplier Following a successful trial on a Proseal Tray lidding machine at Hitchen Foodsplc, Stanelco are pleased to announce that it has received a conditional orderfor 4 GREENSEAL retrofits subject to technical sign off of the first unit duringthe commissioning trial period. Stanelco, the RF applications group is pleased to announce that it has agreed tosupply its revolutionary GREENSEAL technology to Hitchen Foods for the first ofpotentially 4 machines in their ASDA salad production area within Hitchen Foodsplc, Dobson Park Way, Manchester Road, Wigan, WN2 2DX. This order is subject toa final technical sign off on the first machine once it is installed in theproduction area and has operated satisfactorily for an agreed period of time.Upon sign off, the company will be looking to proceed to retrofit the remaining3 machines in this section subject to the commercial agreement from Asda. Ian Balchin commented, "This is a significant milestone in the process ofgetting this technology accepted within the industry. This could lead to asnowball effect as pack houses become more comfortable with this revolutionarymethod of eliminating leaking packs within the food packaging market." Tony Ruane, ASDA Technical Manager on Meal Solutions said,' This orderdemonstrates the confidence of Hitchen Foods and that expected of other ASDAsuppliers in what is a brand new technology to the food Industry. We aredelighted with the speed and results of of this project where benefits have beenidentified for the supplier, ASDA but more importantly the customer. ASDA's 12month exclusivity with Stanelco for Greenseal technology to its suppliers willgive us an advantage over our competitors and help deliver our EDLC and EDLPinitiatives without compromise." Peter Burn, Technical Director, Hitchen Foods PLC said, "We are delighted to bea leading part of this program. We have seen excellent results with thistechnology and will continue with this project with a measured and professionalapproach. We look forward to being a primary adopter of GREENSEAL technology." - END - For further information please contact: Ian Balchin, Chief ExecutiveStanelco PLCTel: +44 (0)2380 867100 Jonathon Brill/Billy CleggFinancial DynamicsTel: +44 (0)20 7831 3113 Notes to Editors: 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 GREENSEALTM Food tray lidding technology, STARPOLTM (starch/ pva blended material), FrogPackTM high impact low cost packaging format,CradleWrapTM range of biodegradable air cushion packaging, SolutapeTM 100%watersoluble films and adhesives, Biodegradable Airbag (void fill) packaging,water-soluble detergent capsules, edible sachets and waste packing. This information is provided by RNS The company news service from the London Stock Exchange