Wrap 100 FDA approval

Stanelco PLC 25 May 2006 25th May 2006 Stanelco plc ('Stanelco' or 'the Company') WRAP 100 receives US FDA approval Stanelco is pleased to announce that FDA compliance for its new material, Wrap 100, has now been confirmed by Pira International (the UK approved testing house for the FDA) for food contact approval. This material's properties do not allow oil or moisture to pass through it, whilst permitting moisture vapour to permeate out. It can be used for hot, fast foods like burgers as it stops condensation occurring that can adversely affect food quality. Unlike waxed paper, it is a fully biodegradable material with obvious environmental benefits and can compete on a cost neutral basis with such materials. Wrap 100 is significantly lighter than existing packing, which presents potential cost savings and in addition will provide customers with reduced transport costs and landfill taxes. WRAP 100 is currently being trialled by a major quick service restaurant and has passed preliminary testing. With this approval it can now undergo live trialling in restaurants. The material can be used in any application where waxed paper is used. In addition due to its heat sealing qualities it is also possible to make bags out of the material at a competitive cost relative to paper bags which have to be glued. The approval allows the full range of applications to be live trialled in the US by prospective customers, not just within the quick service restaurant sector but across the retail sector in general. Martin Wagner, CEO of Stanelco, commented: 'We are very excited about the opportunities for WRAP 100. It has properties that will help significantly improve packaging quality in the fast food sector, whilst at the same time providing benefits to the environment. FDA compliance allows live trialling of the product and means that it can be sold for food packaging applications within the USA. 'Stanelco continues to research and develop other new product ranges using our IP to maintain our reputation as a market leader in new packaging materials and systems across the globe. 'On another matter, I am pleased to update the position on Greenseal communicated by our chairman at our recent AGM. We are continuing to make significant strides with our Multivac conversions with trials into both a salad and meat supplier to Asda going well. The Proseal AP60 currently being converted for Hitchin Foods is consistently performing in our factory in Southampton having run for 8 hours continuously for several days without any issues.' - Ends - For further information please contact: Martin Wagner, Chief Executive Officer Stanelco PLC Tel: +44 (0)2380 867 100 Jonathon Brill/Caroline Stewart Financial Dynamics Tel: +44 (0)20 7831 3113 About Stanelco plc The Stanelco Group of companies (the Group) has brought together expertise in radio frequency (RF) technology, RF applications and biodegradable material sciences to create a revolutionary range of packaging technologies. Stanelco's philosophy is that new products and processes must offer solutions and applications which: - give higher added value, - are greener, more environmentally sustainable than those they replace and - have protectable intellectual property rights. Stanelco will develop the products and processes to a demonstration stage and then work with partners in order to reach the markets; and under these circumstances Stanelco will usually seek to license its technology. Stanelco invests considerable time and resources in ensuring its technologies are protected via layers of patents wherever possible. In this way Stanelco believes it can minimise commercial risk and preserve the highest value for shareholders. The products offering the prospect of near term revenue generation are being given priority over the Group's resources. Stanelco was founded in 1953 and is a world leader in the development of radio frequency technologies for processing polymers for edible and packaging applications and the design and manufacture of optical fibre technology, induction heating and dielectric welding equipment. Stanelco's current developments include GREENSEAL Food tray lidding technology, STARPOL (starch / pva blended material), STARPOL 2000 (highly functional, low cost biodegradable packaging material with food contact approvals) FrogPack high impact low cost packaging format, CradleWrap range of biodegradable air cushion packaging, Soluble tape, 100% water-soluble films and adhesives, Biodegradable Airbag (void fill) packaging, edible hard-shell capsule technology, water-soluble detergent capsules, edible sachets and waste packing. GREENSEAL, STARPOL, FrogPack and CradleWrap are all trademarks of the Stanelco plc group. This information is provided by RNS The company news service from the London Stock Exchange
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