SOURCE: Plasticon International, Inc.

May 02, 2007 08:30 ET

Plasticon International, Inc.'s Wholly Owned Subsidiary, Pro Mold, Inc. Expands Product Line With New Refrigeration Component

LEXINGTON, KY -- (MARKET WIRE) -- May 2, 2007 --Plasticon International, Inc. (PINKSHEETS: PLNI) announced today that the Company's wholly owned subsidiary, Pro Mold, Inc., has recently started initial production on a housing component for commercial refrigerators. The Company has produced initial parts that are undergoing rigorous testing by the customer. Full production is expected to begin within the next two weeks, which could potentially generate an estimated $150,000 in new sales for Pro Mold.

Pro Mold contracts the manufacturing of the injection mold and produces the new housing component. The component is a large plastic housing that replaces the existing metal pieces. It contains a condenser coil and a circulating fan used in commercial refrigeration units. The plastic housing will allow for quieter units and will eliminate rusting.

"The pilot build will allow engineers to fully test out the design before Pro Mold goes into full production. With the change from metal to plastic, this new component is expected to be manufactured and used in most, if not all new commercial refrigeration systems," stated Jim Turek, CEO and President of Plasticon International, Inc.

The Company recently announced that Pro Mold, Inc. has started initial production on the order for the "Hurricane Clips." The "Hurricane Clip" is designed to protect homes and businesses from potentially damaging hurricanes and is a replacement for traditional plywood used by most residential and commercial property owners. This new order for the product represents new technology resulting in potential sales of $250,000.00.

About Plasticon International, Inc.:

Plasticon International ( 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 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, 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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