Time Finance Regulatory News (TIME)

23 Apr 2007 07:02

Timestrip PLC23 April 2007 TIME.L Timestrip plc (the 'Company') Partnership with CCL Label Inc. Timestrip plc, the developer and manufacturer of unique smart labeltechnologies, is pleased to announce that it has entered into an important newpartnership with CCL Label ('CCL"), a global leader in the manufacture ofhigh-quality premium packaging and labeling solutions for the consumer productsand healthcare industries. The partnership will initially concentrate on the cost-effective integration ofthe Timestrip and iStrip technologies into a range of CCL's mass-producedlabels. Under the terms of the partnership, CCL's international sales force willpromote the range of integrated solutions to its customers worldwide. The first of a number of integration concepts will be presented at theforthcoming Interphex show in New York City on April 24th 2007 at the Jacob K.Javits Convention Center. Paul Freedman, Joint CEO of Timestrip plc, said: "Partnerships with industry-leading label printers such as CCL Label are vitalin demonstrating market acceptance of the Timestrip and iStrip technology to thewidest possible audience and ensuring the most effective delivery of oursolutions to manufacturers. Our new configuration for the Timestrip, with thebubble on the top, allows for a less complex integration onto labels and we areconfident that CCL will develop a range of solutions that are popular with itscustomers on a global scale." Robert Ryckman, Vice President of Sales -- North America for CCL Label, added,"We are excited to be working with Timestrip. CCL is proud of its reputation forresponding to the unique demands of customers with innovative solutions and aproven track record of delivering state-of-the-art technology to the packagingindustry. We have the ability to seamlessly incorporate both the Timestrip andiStrip technologies into customized label solutions which will represent another'best in class' product across multiple segments with a focus on pharmaceuticalsand consumer goods." Enquiries: Paul Freedman/Reuben Isbitsky, Joint CEOs Timestrip plc 01462 440 700Shane Dolan Biddicks 020 7448 1000Fergus Marcroft Evolution Securities 020 7071 4300 About CCL Label CCL Label has served the packaging, promotional and pharmaceutical industry forover 50 years and is the global leader for pressure sensitive self-adhesivelabels and promotional products. CCL Label designs and prints a wide range ofhigh-quality paper and film, pressure-sensitive, RFID and security labels aswell as inserts, outserts, in-mold, shrink sleeve, Spinformation(R) rotating andexpanded content labels, and printed promotions to support the brand strategiesof leading pharmaceutical and consumer product marketers. CCL Label, with plants in North America, Europe, Latin America and Asia, offersspecialized press technologies and unmatched capabilities on a global scale. CCLinnovations enable companies to clearly differentiate and effectively promotetheir products with eye-catching consumer appeal. For more information please visit the CCL Label Web site at www.ccllabel.com.CCL Label is a unit of CCL Industries Inc. (Toronto Stock Exchange: CCL.A andCCL.B), a world leader in specialty packaging solutions for the consumerproducts and healthcare industries. CCL Industries employs more than 4,900people and operates 49 plants in North America, Europe, Latin America and Asia. Statements contained in this Press Release, other than statements of historicalfacts, are forward-looking statements subject to a number of uncertainties thatcould cause actual events or results to differ materially from some statementsmade. For more information, contact: CCL Investors: Steve Lancaster, Executive Vice President and CFO slancaster@cclind.com or (416) 756-8517 Media Contact: Robert Ryckman, V.P. of Sales North America E-mail: rryckman@ccllabel.com or Phone: 1-609-443-3700 This information is provided by RNS The company news service from the London Stock Exchange