|
Leicester, New York, May 6, 1998 - CPAC, Inc.’s
photographic subsidiary, Trebla Chemical Company, has introduced TriPhase™,
the first super-concentrated liquid color developer for the photographic industry to be
manufactured in a one-part, stratified form. The product has been previewed at trade shows
both nationally and internationally, beginning in October, 1997 with "COMFOT
‘97" in Mexico City and "PMA Europe ‘97" in London, and again in
February, 1998 at "PMA ‘98" in New Orleans. A patent is pending.
This innovative formulation was developed in response to
customer demand for reduced shipping cost, elimination of HAZMAT shipping charges, and
ease of use, and is anticipated to become the standard for Trebla’s minilab
customers.
Traditional RA-4 chemistry is packaged in three bottles,
with a total volume of 1.3 litres. The super-concentrated TriPhase formula reduces that
volume to only 1 litre, and allows the chemistry to be packaged in a single bottle,
reducing end-users’ solid waste loading to landfills. And, TriPhase meets DOT
shipping regulations as non-hazardous, so shipping and handling costs are also reduced.
Trebla has a rich history of innovation. The company was
the first to introduce easy-to-use kits for recycling photographic chemistry in 1981,
followed by the first odorless and fresh-scent chemical lines in 1994, the first soft
"pouch" packaging for imaging chemicals in 1996, and the first
LiquidPowder™ Slush™ chemistry for graphic arts in 1997.
"TriPhase is the perfect entree into new
markets," comments Pedro P. Bonilla, President of CPAC’s Imaging Group. "We
have introduced a truly innovative product, and the industry is responding with requests
for private-label manufacturing and licensing agreements. We have the opportunity to
expand into previously untapped markets with TriPhase products."
CPAC Imaging Group currently operates imaging chemical
manufacturing facilities in the United States, Belgium, Italy, and South Africa, and will
establish a plant in the Pacific Rim during fiscal year 1999. TriPhase products will be
produced within six to nine months at four of these locations. The Imaging Group comprises
Trebla Chemical Company, St. Louis, MO; CPAC Equipment Division, Leicester, NY; PRS, Inc.,
St. Louis, MO; Allied Diagnostic Imaging Resources, Inc., Norcross, GA; CPAC Europe,
Herentals, Belgium and CPAC Italia, Milan, Italy.
CPAC, Inc. is an acquirer, developer and licensee of brand
names, and produces and markets specialty chemicals and environmental compliance equipment
for the worldwide imaging industry. The Company manufactures chemicals and hard goods for
the cleaning and personal care market through its Fuller Brush subsidiary. Shares of CPAC,
Inc. stock are traded over the Nasdaq National Market System under the ticker symbol
‘CPAK’. More information is available on the Company’s Website:
www.cpac-fuller.com.
Except for the historical matters contained herein,
statements in this press release are forward looking and are made pursuant to the safe
harbor provisions of the Securities Litigation Reform Act of 1995. Investors are cautioned
that forward looking statements involve risks and uncertainties which may affect
CPAC’s business and prospects, including economic, competitive, governmental,
technological, and other factors discussed in CPAC’s filings with the Securities and
Exchange Commission.
# # #
|
