SOURCE: ThermaFreeze Products Corp

October 05, 2007 16:37 ET

ThermaFreeze™ Products Corporation Announced Today the Adoption of ThermaFreeze™ Refrigerant by Hershey Gifts

Nationwide Use Being Planned in by the Turn of the Year

THEODORE, AL--(Marketwire - October 5, 2007) - ThermaFreeze™ Products Corporation (PINKSHEETS: TFZP) announced today that it is supplying Hershey Gifts with ThermaFreeze™ refrigerant for protection of perishable chocolate products in transit.

"Hershey has a long history of manufacturing the highest quality chocolate confections and we welcome the opportunity to partner with Hershey in providing a superior cold chain solution for shipping Hershey Gifts which are delivered directly to consumers," said Joe Murray, President of ThermaFreeze Products Corp.

ThermaFreeze™ ( designed, built and delivered one of its proprietary ThermaFreeze™ processing machines to a center close to Hershey Gift's 400,000 square foot distribution center in central Illinois. The innovative machine automates processing and significantly reduces labor cost, time and refrigerant inventory storage.

Where it takes over three weeks for a full pallet of gel packs to freeze solid in a cold storage locker, the new, proprietary machine, operated by one person in an eight hour shift, processes several thousand pounds of ThermaFreeze™ refrigerant pads.

"We've developed a reputation for delivering quality products and cold chain solutions for our customers and will continue to secure new business relationships of this magnitude. ThermaFreeze's™ ability to protect perishable products, combined with an overall cost reduction potential, is unlike anything currently in use," Murray added.

For further information, shareholders and non-shareholders are encouraged to contact the Company's Investor Relations.

About ThermaFreeze

ThermaFreeze™ Products Corporation ( is a solutions-based company for shipment of perishables, including frozen and refrigerated food items and pharmaceutical preparations. ThermaFreeze's™ products are designed to replace wet ice, gel packs and frozen bricks for in-transit temperature control. Through advanced cold chain research, development, experience and perishable field testing, ThermaFreeze™ developed a suite of patented products, processes and systems that provide an economically feasible solution for manufacturers and distributors.

ThermaFreeze™ refrigerant is flat, light-weight and flexible, even when frozen. In addressing industry needs, the goal was to produce a non-toxic, low-weight, flat, highly efficient refrigerant.

ThermaBarrier thermal packing products. All packaging components are non-toxic. They can be used without any restrictions in all markets and for all perishable goods, also and for medical-pharmaceutical items.

ThermaFreeze provides end-to-end solutions in shipping perishables, built around our proprietary ThermaFreeze refrigerant pads and ThermaBarrier liner products. Use of ThermaFreeze products typically permits 24 hour shipments be increased to 36 - 48 hours or more, providing significant savings in shipping costs, while also reducing or eliminating spoilage rates.

Legal Notice Regarding Forward-Looking Statements

No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the Company's products, technical problems with the Company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the Company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the Company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the Company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.