Husky Awarded Ringier 2012 Technology Innovation Award


HyPET High Performance Package system honored for contributions to packaging industry

SHANGHAI, China - Husky Injection Molding Systems has been recognized with the Ringier 2012 Technology Innovation Award. Husky received the award for the development of its HyPET High Performance Package (HPP) injection molding system and its contributions to the packaging industry in China. The award was presented to Husky representatives on July 19, 2012 in a special ceremony that took place during the ProPak China 2012 tradeshow in Shanghai.

"One of the industry's most prestigious and influential honors in China, the Ringier Technology Innovation Awards are given annually to a select group of new products that have supported significant development in the packaging industry," said Mr. Zhang Yaoquan, Vice President of China Packaging Federation and Judge of 2012 Ringier Technology Innovation Awards - Packaging Industry. "The award demonstrates the global packaging industry's shift toward sustainable development and the Husky HyPET HPP system's innovative technology is reflective of this change."

Garnering a strong customer response since its launch, the Husky HyPET HPP system is specifically optimized for high output preform injection molding. The system delivers industry-leading cycle times and increased energy efficiency, while maintaining the highest levels of reliability, repeatability and preform quality. Refinements to the entire system can reduce cycle times by at least 5% in comparison to previous industry-leading HyPET HPP cycles, as well as improve energy efficiency by up to 15% in comparison to standard HyPET systems.

"China is a very important market for Husky and we are pleased that our HyPET HPP system has been honored with the Ringier Technology Innovation Award," said Gerardo Chiaia, Husky's Vice President, Global Sales, Beverage Packaging. "Ongoing innovation is a priority for Husky and we are continuously looking at how we can develop products and services that will help our customers to be more profitable, sustainable and productive. We had these goals in mind when developing our HyPET HPP system and believe this is why it has resonated with customers in China and around the world."

The Ringier Technology Innovation Awards are presented by Ringier Trade Media Ltd.'s International Packaging News for China, which is the country's leading industry magazine. The awards were launched in 2005 as a tribute to companies in key industries, such as food and beverage, packaging, plastics and metalworking. Nominees are evaluated by a panel of 10 judges against several criteria, including impact on the marketplace, inventiveness, financial results and the degree to which the innovation solves a customer need.

About Husky

Husky Injection Molding Systems Ltd. (www.husky.ca) is a leading global supplier of injection molding equipment and services to the plastics industry. The company has more than 40 service and sales offices, supporting customers in over 100 countries. Husky's manufacturing facilities are located in Canada, the United States, Luxembourg, Austria and China.

For more information:

Jessica Calleja

Media Relations

Husky Injection Molding Systems

905-951-5000, ext. 2924

jcalleja@husky.ca

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