SOURCE: Biopack Environmental Solutions Inc.

January 11, 2008 14:00 ET

Biopack Completes South African Trial Run

HONG KONG--(Marketwire - January 11, 2008) - Biopack Environmental Solutions Inc. (OTCBB: BPEV) is pleased to announce the completion of the trial run for the benefit of its South African representative AGQPE. The trial run was of specially designed trays intended for use in a variety of food packaging applications. Biopack has also received through AGQPE an expression of interest in the company's products from a large international fast food corporation. Biopack is in the late phases of working with this large chain to effectuate the final look and design of these trays.

The first phase of production for AGQPE is scheduled to begin immediately at Biopack's newly opened Biopark production facility. Two tray styles are to be produced with initial demand estimated at 1.5 million units per month. Biopack anticipates that as production capacity increases over the following months, production should expand to six different tray styles for AGQPE and its clients at a production volume of approximately six million pieces per month, or over 72 million pieces per year.

About Biopack

Biopack manufactures 100% biodegradable consumer products from locally available waste products. For more information please visit our web site at www.biopackenvironmental.com.

SAFE HARBOUR

Forward-looking statements: All statements other than statements of historical fact that are included in this press release and that mention activities, events or developments that we believe may occur in the future are forward-looking statements. The use of words such as "anticipate," "continue," "estimate," "expect," "may," "project," "should," "believe" and similar expressions are intended to identify forward-looking statements. These projections, or forward-looking statements, involve known and unknown risks, uncertainties of other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements in this press release include statements about the Company's understanding of AGQPE's intent to use the products featured in the trial production run in a variety of food packaging applications, that initial demand for these products will be 1.5 million units per month and that production should eventually consist of six different tray styles at a volume of approximately six million pieces per month or 72 million pieces per year. Risks that might cause actual results to differ from these projections include, but are not limited to, those discussed in the Company's most recent Annual Report on Form 10-KSB and other documents filed by the Company with the U.S. Securities and Exchange Commission.

Contact Information

  • Contact:

    Hilary Chu
    Sales Director
    Email - Email Contact
    1-888-430-2467