Print-Rite to Unveil Its Next Generation Environmental Friendly Bio-Toner at Remax Asia 2010


ZHUHAI, China - Today at Remax Asia 2010, now the world's largest trade show for remanufacturing industry and aftermarket consumables, ICMI (China) Ltd. ("ICL"), a subsidiary of Print-Rite Holdings, announced a next generation of new toner made from bio-organic material ("Bio-Toner") for leading OEMs' office & desktop printers.

Arnald Ho, Chairman and founder of Print-Rite, noted, "These revolutionary toners represent a major step forward in aftermarket consumables in terms of energy conservation, environmental protection, and a reduction on our dependency upon petroleum oil. By using a renewable resource, such as field corn, sugar cane, sweet potatoes and other grown and harvested plants as a resin source, we have shown that the aftermarket now brings to the end user, a more environmental friendly choice in addition to a lower cost alternative to the oil-based toners being offered by the original equipment makers (OEMs)."

The new bio-toners were co-developed by ICL, a subsidiary of Print-Rite Holdings, together with an independent research company based in North America.
Sample prints were displayed and distributed at the event, which is drawing an estimated 8,000 visitors to the Zhuhai Air Shop Exposition Center.

The benefits of bio-toners are:

1. Reduces dependency on foreign oil
2. Stabilizes the cost of toner raw materials as oil prices rise
3. Reduces CO2 emissions from toner production
4. Because it decomposes with heat in presence of water, it simplifies and accelerates the de-inking of office waste paper
5. Waste bio-toner is a compostable material"

"Current technology," reports Mr. Tang Fugen, General Manager of ICL's Zhuhai toner plant, "limits our use of bio-resin to a maximum of 25% by weight in the toner formula. However, we continue the development process and expect this level to change rapidly to over 50 percent in the very near future."

ABOUT PRINT-RITE
Print-Rite is a global leader in premium grade and world-class quality printer cartridges, providing over 10,000 ink and toner cartridge products for commercial customer, resellers and consumers worldwide. Headquartered in Hong Kong, Print-Rite has its own major manufacturing facilities in Zhuhai, Guangdong province, Southern China, Shanghai and its global distribution network worldwide. For more information about Print-Rite products and company information, please visit website www.print-rite.com

SOURCE Print-Rite Holdings Limited

CONTACT: Ray Leung, Head of Marketing of Print-Rite Holdings Limited, +852-2140-9363, pressrelease@print-rite.com

Web Site: www.print-rite.com

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