Time Finance Regulatory News (TIME)

12 Feb 2007 07:01

Timestrip PLC12 February 2007 Timestrip plc Curver adopts technology Timestrip plc (the 'Company')(AIM: TIME), the developer and manufacturer of unique label technologies, is pleased to announce it has agreed an important newstrategic partnership with Keter Group, the owner of Curver, Europe's leading brand of food storage containers. Timestrip will become the exclusive supplier of expiry date indicators for use as a value added feature in Curver's range of food storage containers that are sold at retail throughout Europe. Initially, Timestrips will be featured withthe high end Grand Chef range of containers, which will be showcased at Europe'sleading Housewares show, Ambiente, in Frankfurt, between February 9th-13th. The terms of the agreement are not disclosed. Reuben Isbitsky, Joint CEO, Timestrip Plc, said: "Once again we are demonstrating the relevance of our technology with a leading household name. Timestrip is now gaining exposure in a wide range of sectors both in Europe and North America and we are delighted to add Curver to our growing list of blue-chip customers who have recognised the commercial benefits of adopting thisunique technology." Pablo Kaplan, Vice President Marketing, European Plastic Group, Curver, said: "We are committed to maintaining our reputation for providing the most innovative and high quality food storage solutions to consumers. The benefits offered by this technology make it a natural and logical addition to our productoffer. This collaboration has already received excellent feedback from retail buyers and we are looking forward to a long and successful partnership with Timestrip." Enquiries: Paul Freedman/Reuben Isbitsky, Joint CEOs, Timestrip plc 01462 440 700Shane Dolan, Biddicks 020 7448 1000Fergus Marcroft, Evolution Securities 020 7071 4300 This information is provided by RNS The company news service from the London Stock Exchange