Sealed Air (NYSE: SEE) announced today that it has been recognized as the most admired company in its industry and one of the most admired companies globally for innovation and social responsibility, according to Fortune Magazines’ annual survey published last week. The annual “Fortune Most Admired Companies” survey ranked Sealed Air first among 10 companies in the packaging industry, including the top ranking in seven of the nine categories in which companies are evaluated – innovation, people management, social responsibility, management quality, financial soundness, quality of products and global competitiveness. Sealed Air also ranked in the Top 10 in both the innovation and social responsibility categories for all companies surveyed worldwide. In addition, Sealed Air was ranked first among the most admired companies in New Jersey. “To receive the recognition of our peers reaffirms the dedication our 26,300 employees have around the world to our core operating priorities which incorporate being innovative and socially responsible,” said William V. Hickey, President and CEO, Sealed Air. “We have committed our company to a path of invention to help increase access to food, keep it fresh, safe and secure for people around the world; to safeguard human health; and to protect the valuable goods we ship every day. Through our SmartLife™ initiative, we are also providing solutions that enhance sustainability across the supply chain by helping to optimize the use of raw materials, conserve energy and water, reduce waste and provide convenience.” Fortune’s survey of the World’s Most Admired Companies is conducted annually by The Hay Group, a global consulting firm. The study surveys approximately 15,000 top executives, directors and financial analysts around the world to identify companies with the strongest reputations among the Fortune 1000, non-U.S. companies in the Fortune Global 500, and top foreign companies operating in the United States. Business Sealed Air is a global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap ® brand cushioning, Cryovac ® brand food packaging solutions and Diversey ® brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations. On a pro forma basis, Sealed Air generated revenue of $8.1 billion in 2011, and has approximately 26,300 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com. Forward-Looking Statements Company statements in this press release may be forward-looking. These statements include comments as to future events that may affect the Company, which are based upon management's current expectations and are subject to uncertainties, many of which are outside the Company's control. Forward-looking statements can be identified by such words as "anticipates," "expects," "will" and similar expressions. A variety of factors may cause actual results to differ materially from these expectations, including: economic conditions affecting packaging utilization; changes in raw material costs; currency translation effects; and legal proceedings. For more extensive information, see "Risk Factors" and "Cautionary Notice Regarding Forward-Looking Statements," which appear in our most recent annual report on Form 10-K, as filed with the Securities and Exchange Commission, and as may be revised and updated by our quarterly reports on Form 10-Q and current reports on Form 8-K.
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