JANUARY 2008

ECO2 Plastics to apply for FDA approval

ECO2 Plastics, Inc. announced that initial test results demonstrate that the Company’s cleaning process can produce PET plastic flake that is suitably pure for use in the manufacturing of food-contact containers.

“Based upon the initial data and analysis performed by The National Food Laboratory, Inc., and our attorneys Keller & Heckman, we are pleased to see that our process meets the food-contact standards of the U.S. Food and Drug Administration (FDA). Not only are we recycling PET bottles in an environmentally friendly way, but we are delivering the highest possible quality through the process as well,” said Rod Rougelot, ECO2’s CEO.

Preliminary calculations demonstrated that ECO2’s recycling process is capable of producing PET resin that is suitably pure for use at levels up to 100% in the manufacture of food-contact articles that will be used in contact with all food types under the FDA’s Condition of Use C (“Hot filled or pasteurized above 150°F”) through H (“Frozen or refrigerated storage: Ready-prepared foods intended to be reheated in container at time of use”). The Company is conducting further tests and is expecting to file a formal application with the FDA in the first quarter of 2008.