SOURCE: Plasticon International, Inc.

January 25, 2007 08:30 ET

Plasticon International, Inc. Increases First Quarter 2006 Revenues by More Than $1.4 Million From the First Quarter of the Previous Year

Plasticon First Quarter 2006 Revenues Increased by 2240%

LEXINGTON, KY -- (MARKET WIRE) -- January 25, 2007 -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that the Company has posted their unaudited financial statements for the first quarter of 2006. Plasticon International, Inc. increased their revenues to $1,927,592 during the first quarter of 2006 as compared to $82,370 during the first quarter of 2005. This represents an increase of 2240%.

The increase in revenue can be attributed to the acquisition and operations of Semco Distribution, Inc., Ultimate Surfaces, LLC, and Pro Mold, Inc. The gross profit for the three months ended March 31, 2006 was $444,696 as opposed to $79,860 for the quarter ended March 31, 2005. The Company has also settled debt in the amount of $6,864,305 through confidential agreements.

"We are very pleased to provide the financial community and our shareholders with our first quarter 2006 financial statements. We are working on the remainder of our financial statements for the 2006 fiscal year," stated Jim Turek, CEO and President of Plasticon International, Inc.

Plasticon International, Inc. recently announced that their wholly owned subsidiary, SEMCO Manufacturing, Inc., will begin surfacing the concrete embankment on the I-515 Beltway Interchange for the Nevada Department of Transportation. The $241,000 contract calls for the application of SEMCO's proprietary concrete sealants and anti-graffiti coating across a 76,400 square foot span of the interchange.

About Plasticon International, Inc. Plasticon International ( designs, produces, and distributes high-quality concrete accessories, informational & directional signage and plastic lumber, which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green company, environmentally friendly, 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, expected profits, 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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