I.P.S. Innovative Packaging Solutions AG

DGAP-Adhoc: .P.S. Innovative Packaging Solutions AG reports signing of 5-year supply agreement with Procter & Gamble

IPS Innovative Packaging Solutions AG   / Key word(s): Contract

06.09.2013 07:00

Release of an ad hoc announcement pursuant to Art. 53 KR
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Baar, 6 September 2013 - Airolux AG, a joint venture between I.P.S.
Innovative Packaging Solutions AG and Resilux NV announced today that a
5-year supply agreement has been signed for the delivery of their Airopack
system, with Procter & Gamble, one of the world's leading consumer brand
companies. The revolutionary and patented Airopack technology offers a safe
and clean alternative for traditional Aerosol dispensing systems. Airopack
is the safe, all-plastic pressurized dispenser that's environmentally
friendly. Airopack makes use of air. Dispensing air at a constant pressure
from start to finish, it works identically to standard aerosols, yet uses
42% less energy and emits 74% less CO2.

I.P.S. CEO Quint Kelders indicates this signed supply agreement as a
milestone for Airopack and a step forward for the planet's environment: 'We
are proud that one of the largest corporations in the world embraces our
Airopack technology. We are really looking forward to the cooperation
between our companies.'

Award-winning Airopack technology by Airolux AG

The revolutionary Airopack concept, offering a sustainable and
environmentally alternative to aerosols, has won the 'Silver Award' at the
prestigious Edison Best New Product Awards in 2011 and the Dupont Packaging
Award 2012. The cosmetics industry responded enthusiastically to the
patented invention, because it responds to the wider consumer trend towards
environmentally friendly products. Airolux AG develops, produces and
markets a range of highly innovative and sustainable dispensing solutions
for consumer applications (such as shaving products, toothpaste, hair and
skin care, OTC and many others).

About Procter & Gamble
Procter & Gamble Co. is the 4th largest corporation in the world by market
capitalization and is Fortune's 6th Most Admired Company. P&G serves
approximately 4.6 billion people around the world with its brands. The
Company has one of the strongest portfolios of trusted, quality, leadership
brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R),
Pantene(R), Mach3(R), Bounty(R), Dawn(R), Fairy(R), Gain(R), Charmin(R),
Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Duracell(R), Olay(R),
Head & Shoulders(R), Wella(R), Gillette(R), Braun(R), Fusion(R), Ace(R),
Febreze(R), Ambi Pur(R), SK-II(R), and Vicks(R). The P&G community includes
operations in approximately 75 countries worldwide.

For more information:
I.P.S. Innovative Packaging Solutions AG
Frans van der Vorst, CFO
Zugerstrasse 76b
CH-6340 Baar
T: +41 (0)41 766 35 00
E-Mail:  frans.vandervorst@ips-grp.com
www.ips-grp.com
www.airopack.com


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Language:               English
Company:                IPS Innovative Packaging Solutions AG
                        Zugerstrasse 76b
                        6340 Baar
                        Switzerland
Phone:                  +41 417663500
Fax:                    +41 417663509
E-mail:              info@ips-grp.com
Internet:            www.ips-grp.com
ISIN:                   CH0002013826
Valor:                  872693
Listed:                 Freiverkehr in Berlin, Düsseldorf, Hamburg,
                        Hannover, München, Stuttgart; Frankfurt in Open
                        Market ; SIX

End of Announcement                             EQS Group News-Service

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