Packaging Graphics Licensed to Market MeadWestvaco Natralock® Packaging
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RICHMOND, VIRGINIA - November 28, 2007 - MeadWestvaco Corporation (NYSE: MWV) today announced it has entered into a licensing agreement for its Natralock® security packaging products with Packaging Graphics, LLC, a division of The MATLET Group, located in Pawtucket, Rhode Island. Under the agreement, Packaging Graphics will utilize Natralock technology to manufacture and market theft-deterrent packaging products in North America.
"This licensing agreement with MeadWestvaco for its Natralock packaging solution will place Packaging Graphics and its customers in the forefront of the industry in providing pilfer resistant and sustainable packaging," said Nick Carafa, president of Packaging Graphics, LLC. "Adding Natralock solutions to our product offerings further enhances our ability to provide our customers with the best in security and sustainable packaging."
"MeadWestvaco's Natralock theft-resistant packaging is a sustainable and cost-effective security packaging alternative that offers a better consumer experience, stronger shelf presence, enhanced economics and a reduced impact on the environment compared to conventional plastic-based clamshells. Our strategic move to selectively license this revolutionary product will allow it to be more accessible to the marketplace through our high quality partners," said Jeff Kellogg, vice president, Natralock security packaging, MeadWestvaco.
Natralock security packaging features a proprietary tear-resistant paperboard that can be RF-sealed, with approximately one-third the energy required for plastic clamshells, or heat-sealed on most existing equipment. Offered in both SBS and CNK® grades, Natralock paperboard can include 30% to 50% recycled content, is a renewable, easy-to-recycle material that reduces the use of plastic by 50% to 60% and provides superior price stability. The glare-free billboard can be custom designed to differentiate consumer products and supports high quality reproduction for bolder graphics and special printing effects to enhance branding. Consumers prefer Natralock packaging's safer opening and improved shopping experience compared to often injurious struggles with sharp-edged plastic clamshells.
For information about Natralock products or licensing, inquire at www.natralock.com.
About MeadWestvaco
MeadWestvaco Corporation (NYSE: MWV) provides packaging solutions to many of the world's most-admired brands in the food and beverage, media and entertainment, personal care, home and garden, cosmetics, and healthcare industries. The company has market-leading positions in its Consumer & Office Products and Specialty Chemicals businesses, and operates in more than 30 countries. MeadWestvaco manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the fourth consecutive year.
For more information, please visit us at www.meadwestvaco.com.
About Packaging Graphics
Packaging Graphics, LLC, is an industry leader in providing printed blister cards, folding cartons, insert, stretch pack cards, skin sheets as well as, thermoformed blisters, clamshells and trays. Packaging Graphics, LLC is both ISO 9001 and 14001 certified and a Certified Minority Business Enterprise and Corporate Plus Member of the NMSDC.
About The MATLET Group
Based in Pawtucket RI, The MATLET Group is a full service commercial printing, prepress & fulfillment company with four facilities in the United States, including Acme Printing Company in Wilmington, MA; Packaging Graphics in Pawtucket, RI; Central Florida Press in Orlando, FL; and NOVA Marketing Services in St. Louis, MO. The MATLET Group specializes in high-end and specialty print products such as annual reports, product brochures, printed packaging for consumer goods, and restaurant menus. The company serves a local and national client base including many Fortune 500 companies in a wide variety of industries. The MATLET Group is a certified Minority Business Enterprise and Corporate Plus® member of the National Minority Supplier Development Council.
Jennifer I. McMahon
Communications Assistant
MeadWestvaco Corporation
11013 W. Broad Street,
Glen Allen, VA 23060
tel 804-327-7925
cel 804-338-2637
fax 804-327-8163
jim1@meadwestvaco.com
