SOURCE: Plasticon International, Inc.

February 09, 2007 10:28 ET

Plasticon International, Inc.'s Wholly Owned Subsidiary SEMCO Manufacturing, Inc. Awarded High Rise Condo Project

Stanhi Tower to Be Tallest Building in Downtown Las Vegas

LEXINGTON, KY -- (MARKET WIRE) -- February 9, 2007 -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that their wholly owned subsidiary, SEMCO Manufacturing, Inc., has been awarded an $85,000 contract for custom surfacing in the Stanhi Tower, a luxury high rise condominium in Las Vegas, Nevada.

As presently planned, work is slated to begin later this year on the 45-story, 500-foot high rise featuring views of the entire Las Vegas Valley. SEMCO anticipates providing custom surfacing covering 14,813 square-feet of the building by developer Sam Cherry. The condominium units are currently priced to start in the high $400,000 range with the first occupancies slated for 2009.

"This will be a spectacular project for us. At 500-feet, it will be the tallest building in downtown Las Vegas and a stunning example of modern architecture and construction. Our proprietary surfacing products will be used extensively throughout the building and provide an aristocratic showcase for our product," stated Jim Turek, CEO and President of Plasticon International.

The Stanhi Tower will feature a rooftop pool, a Zen garden observatory on the 35th floor and the latest in luxury amenities including open floor plans, a business center, garden and numerous recreational facilities. The design of the Stanhi Tower will reflect that of the Soho Lofts and Newport Lofts still under construction in downtown Las Vegas. Based in Las Vegas, SEMCO Manufacturing markets and sells custom surfacing products to high profile commercial, public and private clientele. Their products are noted for aesthetic appeal and durability for use in heavily used walkways, extreme outdoor conditions and in chlorinated pools. Plasticon completed the acquisition of SEMCO Manufacturing, Inc. in January 2006.

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, plans, 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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