December 10, 2010 08:01 ET

Intertape Polymer Group Gains Ground With Sales & Marketing Expansion in Europe

Opens Distribution Center near Flensburg, Germany

MONTREAL, QUEBEC and BRADENTON, FLORIDA--(Marketwire - Dec. 10, 2010) - Intertape Polymer Group (TSX:ITP) ("Intertape", "IPG", or the "Company") is aggressively moving forward with their strategic sales expansion plan in Europe by reaching a milestone in December 2010.

"For many years, Intertape Polymer has had a sales presence in Europe with supply and service coming from the United States. With our increased focus in Europe into many different market segments, as well as an expansion of our sales force, December 2010 marks a key turning point for IPG in the European market as we establish a local facility," stated Greg Yull, President & Chief Executive Officer of IPG.

"This facility near Flensburg, Germany will allow us to service our customers with IPG pressure sensitive tapes that include the following Intertape® branded products: masking tapes, filament tapes, flatback tapes, aluminum foil tapes, double coated tapes, cloth duct tapes as well as several electrical and electronic grade tapes. In addition Central® Brands of Water Activated Tapes will be stocked in the distribution center."

By having multi-language customer service and stock in Europe, we can be closer to the European market/customers. This will help service our customers in Europe even better with faster deliveries, smaller minimum order quantities and less administration, mentioned Ralf D. Kausch, director of Intertape Polymer Europe. It will also help to improve IPG brand recognition in Europe.

"This is an exciting venture for both the Company and our customers as we expand our presence in Europe. IPG's goal is to become an indispensable supplier to our existing and future partners", concluded Mr. Yull. 

About Intertape Polymer Group

Intertape Polymer Group is a recognized leader in the development and manufacture of specialized polyolefin plastic and paper based packaging products and complementary packaging systems for industrial and retail use. Headquartered in Montreal, Quebec and Sarasota/Bradenton, Florida, the Company employs approximately 2,000 employees with operations in 16 locations, including 13 manufacturing facilities in North America and one in Europe.

Safe Harbor Statement

Certain statements and information included in this press release constitute forward-looking information within the meaning of applicable Canadian securities legislation and the Federal Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to the Company's future outlook and anticipated events, the Company's business, its operations, financial condition or results. Particularly, statements about the Company's objectives and strategies to achieve those objectives are forward-looking statements. While these statements are based on certain factors and assumptions which management considers to be reasonable based on information currently available to it, they may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. The risks include, but are not limited to, the factors contained in the Company's filings with the Canadian securities regulators and the U.S. Securities and Exchange Commission. While the Company may elect to, it is under no obligation (and expressly disclaims any such obligation) and does not undertake to update or alter this information at any particular time.

Contact Information

  • Intertape Polymer Europe GmbH
    Phone: +49 (0)461 / 15065-201
    Fax: +49 (0)461 / 15065-209