SOURCE: Plasticon International, Inc.

May 29, 2007 08:30 ET

Plasticon International, Inc.'s Wholly Owned Subsidiary, SEMCO Manufacturing

Company Finalizes Estimated $30,000 Flooring Project

LEXINGTON, KY--(Marketwire - May 29, 2007) - Plasticon International, Inc. (PINKSHEETS: PLNIQ) announced today that the Company's wholly owned subsidiary, SEMCO Manufacturing, is in the final stages of installing flooring in a Lexington, KY Cadillac and Volvo dealership. The project is valued at an estimated $30,000 in revenue and is expected to be completed in approximately two weeks.

SEMCO is installing the X-Bond System into the servicing bays of the Lexington Cadillac and Volvo dealership. The X-Bond System is a surface and finishing system offering the ultimate in durable, environmentally responsible, and creative design capabilities.

"Plasticon International and SEMCO Manufacturing are very excited to be working on a project of this nature. We feel that the Lexington Volvo and Cadillac dealership project helps showcase the diversity of the X-Bond System," stated Jim Turek, CEO and President of Plasticon International, Inc.

Plasticon International, Inc. recently announced that that the Company is offering a share exchange program to their shareholders. Plasticon International, Inc. will offer to exchange common shares of stock from shareholders, which they will value at $.001, which is premium to market price, in exchange for convertible preferred stock to be valued at $1.00 a share. This means, for every 1,000 shares of common stock offered back to the Company, shareholders will receive one share of convertible preferred stock valued at $1.00 for future conversion purposes.

About Plasticon International, Inc.:

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, informational and directional signage and plastic lumber, which are all produced from recycled and recyclable plastics. Plasticon is a leader and an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is an environmentally friendly company using recycled plastics to produce its line of products.

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.

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