Ameriplas Holdings Ltd.

Ameriplas Holdings Ltd.

April 27, 2007 13:51 ET

Ameriplas Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 27, 2007) - Ameriplas Holdings Ltd. ("Ameriplas" or the "Company") (TSX VENTURE:AHL) announces the appointment of Mr. Claude Moreau as director. Mr. Claude Moreau was nominated at the Annual General Meeting, April 25, 2007.


Mr. Claude Moreau has more than 20 years of broad financial experience in financial institutions and in a publicly traded corporation. He is currently Director of Finance for an investment firm specialized in immigrant investor programs. Mr. Moreau previously worked as Merger and Acquisitions Associate; Director, Finance for the world's largest newsprint producer; CFO for the investment arm of an International bank; and Bank Manager in Vancouver for an European bank and as Equity Analyst for an investment firm. Mr. Moreau graduated from York University and Sherbrooke University in Economics and Business and has been a Chartered Financial Analyst (CFA) since 1987.

The Board of Directors would also like to thank Mr. Geoff Walsh who has been a Director of the Company since it became publicly listed in 1999. Mr. Walsh came on as a director as a result of the qualifying transaction to list Ameriplas on the TSX Venture Exchange in 1999 and assisted the Company through its recent growth stages. Mr. Walsh stepped down as a Director at the Annual General Meeting, April 25, 2007.


Ameriplas has been in the business of manufacturing plastic preforms for the Canadian and U.S. water and soft drinks bottling industry since December 1999. Preforms are sold to beverage companies that heat and blow them into the form of bottles used for their beverages. PET preforms are used industry wide in the production of plastic beverage containers to avoid the costs and difficulties of shipping bulky plastic bottles. A primary use of these bottles is for bottled water, which is the fastest growing segment of the beverage industry. Other uses include soft drinks, sports drinks and beer.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

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