Sealed Air Corporation (NYSE: SEE) announced its Cryovac ® Next Generation Boneless Beef Bag (B6620) recently was honored with an AmeriStar Award for Institutional Food Packaging from the Institute of Packaging Professionals (IoPP). Already a leader in bag packaging for boneless beef, Sealed Air introduced its Cryovac Next Generation Boneless Beef Bag (B6620) to improve upon several aspects of existing bags for boneless beef products. The package utilizes a new material formulation that features packaging optimization and sustainability efficiencies. While optimizing material efficiency, at the same time, the product’s tough, abuse-resistant material touts improved shrink properties that enable clear, wrinkle-free appearance and results that even further protects against leaks and package failures throughout the distribution process and entire product life cycle. Available in up to 10 colors, the high-gloss and anti-haze properties of the package accentuate the in-line, one-color print graphics and ensure a natural presentation with complete product visibility. The innovative package – ideal for such products such as rib-eye, shoulder, and knuckles – runs on the same equipment as existing Cryovac brand bags for boneless beef and is provided at no extra charge for existing customers, making integration of the enhanced product a cost neutral change for producers. “Receiving this honor is a testament to our philosophy of being an inventive leader in the industry,” said Shawn Harris, marketing director for fresh red meat for Sealed Air’s Cryovac brand. “The Cryovac Next Gen Boneless Beef Bag is a product that enhances an already high-quality solution by incorporating our latest materials developments to enable our customers to more effectively package, transport, store and protect their beef products.” More than 150 packages were submitted for IoPP AmeriStar awards consideration. Judges evaluated and analyzed packages from 18 categories based on package innovation, sustainability, protection, economics, performance, and marketing. Winning packages were honored at the AmeriStar Awards Reception and Dinner at the Marriott Chicago O’Hare in Rosemont, Illinois.
About Sealed AirSealed 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 TM 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 This press release and supplement contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by such words as "anticipates," "believes," "plan," "assumes," "could," "estimates," "expects," "intends," "may," "plans to," "will" and similar expressions. A variety of factors may cause actual results to differ materially from these expectations, including general domestic and international economic and political conditions affecting packaging utilization; changes in our raw material and energy costs; credit ratings; competitive conditions and contract terms; the success of our financial growth, profitability and manufacturing strategies and our cost reduction and productivity efforts; environmental matters; regulatory actions and legal matters; and the successful integration of Diversey. 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 revised and updated by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. While we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, whether as a result of new information, future events, or otherwise.