I.P.S. Innovative Packaging Solutions AG
DGAP-Adhoc: I.P.S. Innovative Packaging Solutions AG reports signing of supply agreement with Method Products PBC
IPS Innovative Packaging Solutions AG / Key word(s): Contract 23.01.2014 07:00 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- Ad hoc release I.P.S. Innovative Packaging Solutions AG reports signing of supply agreement with Method Products PBC Baar, 23 January 2014 - Airopack NV, a joint venture between I.P.S. Innovative Packaging Solutions AG and Resilux NV, announced today that an Airopack(R) Full Service Supply Agreement has been signed for the delivery of its Airopack(R) system with Method Products PBC, pioneer of premium planet-friendly and design-driven home, fabric and personal care products. The revolutionary and worldwide patented Airopack(R) technology offers a safe, all-plastic pressurized dispenser that is environmentally friendly: no inhalation risks, no dirty propellants and no unnecessary waste. Unlike other pressurized dispensers that use dirty propellants Airopack(R) uses just normal compressed air which results in dispensing a formulation at constant pressure from start to finish. The Method products are being produced through the Airopack(R) Full Service Operation which allows the dispensers to be produced, filled, sleeved and packed to Method's high specification standards while guaranteeing a flawless, on-time delivery. Founded in 2000, Method is the pioneer of premium planet-friendly and design-driven home, fabric and personal care products. Today, Method can be found in more than 40,000 retail locations throughout North America, Europe, Australia and Asia. Method is a privately held company headquartered in San Francisco, United States of America. For more information: I.P.S. Innovative Packaging Solutions AG Frans van der Vorst, CFO Zugerstrasse 76B CH-6340 Baar T: +41 41 766 35 00 E-Mail: frans.vandervorst@ips-grp.com www.ips-grp.com www.airopack.com I.P.S. Innovative Packaging Solutions AG is a leading developer and supplier of mechanical and pressure-controlled dispensing packaging technologies and systems for manufacturers and suppliers of cosmetics, body care, pharmaceutical and food products. Its patented, innovative Airopack(R) technology offers clear environmental benefits. The revolutionary and worldwide patented Airopack(R) technology offers a safe, all-plastic pressurized dispenser that is environmentally friendly: no inhalation risks, no dirty propellants and no unnecessary waste. Unlike other pressurized dispensers that use dirty propellants Airopack(R) uses just normal compressed air which results in dispensing a formulation at constant pressure from start to finish. Airopack(R) does not only offer this patented technology but also has a full-service offering. With this Full-service-offering Airopack provides a turnkey solution to quickly and easily launch customer products in Airopack(R). Via the unique full-service concept Airopack can mould, assemble, sleeve or label, fill and pack Airopack(R) to customer's specifications. On top Airopack(R) has a highly experienced laboratory for formulation development and bulk production to ensure the best quality and control. Within the context of a joint venture (Airolux AG) with Resilux (www.resilux.com) the company operates a manufacturing facility in Glarus Nord Switzerland, a full service manufacturing facility in Heist op den Berg Belgium, a global R&D and Customer Service facility in Waalwijk the Netherlands and a sales office in Morristown NJ, United States of America. With the delivery of its first products, IPS reached an important milestone in 2012 with respect to commercial market entry. The shares of the company are listed on the Domestic Standard of the SIX Swiss Exchange since 2010. (ticker: IPS / ISIN: CH0002013826). IPS Innovative Packaging Solutions AG Zugerstrasse 76B CH-6340 Baar 23.01.2014 News transmitted by EQS Schweiz AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news --------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------