Airopack Technology Group AG, CH0242606942

Airopack Technology Group AG, CH0242606942

18.12.2017 - 06:57:41

EQS-Adhoc: Airopack Technology Group AG: Airopack signs agreements with Mornin' Glory and Icon brands

Ad-hoc release / Press Release

Airopack signs agreements with Mornin' Glory and Icon brands

Waalwijk, 18 December 2017 - Airopack Technology Group AG ("Airopack"), manufacturer of the Planet Friendly Aerosol is pleased to announce two new customer agreements. Mornin' Glory has chosen Airopack to supply the Airopack Planet Friendly aerosol for their European Male Personal Care launches for early 2018 at single digit million pieces in annual volumes. In 2018, Airopack will deliver double digit millions of aerosols on an annual basis for the global luxury personal lubricants range of Icon Brands.

Peter Versloot, Commercial Officer Airopack: "Our focus in the first half of 2017 has been on a controlled ramp-up of production volumes of Airopack Planet Friendly Aerosols that meet the highest quality standards in the industry. Since the second half of 2017 we have been very successful in adding new key customers to our portfolio and in surpassing their qualification tests for both the Airopack Planet Friendly Aerosol and our state-of-the-art plant in Waalwijk, The Netherlands. Apart from the Mornin' Glory and Icon Brands agreements, we are making substantial progress on agreements with multiple new EU and US based global customers."

Airopack produces a safe, all-plastic pressurized Planet Friendly Aerosol powered purely by air that is environment and planet friendly. It was developed by Airopack Technology Group, which holds the relevant patents and is worldwide the sole producer of this unique Planet Friendly Aerosol. Airopack has a worldwide customer base including multiple AAA leading personal care brands.

END

For more information:

For investors :

Airopack Technology Group AG Quint Kelders, CEO / Liebwin van Lil, CFO

E: quint.kelders@airopackgroup.com E: liebwin.vanlil@airopackgroup.com

T: +31 416 300 800For media : Hill + Knowlton Strategies Charlotte de la Rambelje - de Voogd E: charlotte.rambelje@hkstrategies.com T: +31 (0)20404 4707

Airopack Technology Group AG is a leading developer and supplier of mechanical and pressure-controlled dispensing packaging technologies and systems for manufacturers and suppliers of cosmetics, body care, home care, pharmaceutical and food products. The revolutionary and patented Airopack(R) technology offers a safe, all-plastic pressurized dispenser that is environmentally and planet friendly. Airopack Technology Group holds the patent and is worldwide the sole producer of this unique dispenser. Airopack Technology Group operates a production facility for Airopack ready-to-fill dispensers in Waalwijk, The Netherlands and a full-service filling operation for ready-to-sell Airopack dispensers in Heist-op-den-Berg, Belgium, that also develops and manufactures other innovative packaging solutions for personal care customers. The Global Research and Development Team and the Airopack Global Management as well as the Customer Service Organisation are also based in Waalwijk, The Netherlands. The shares of the company are listed on the Swiss Reporting Standard of the SIX Swiss Exchange since 2010. (Ticker: AIRN / ISIN: CH0242606942). www.airopackgroup.com End of ad hoc announcement Language: English Company: Airopack Technology Group AG Zugerstrasse 76b 6340 Baar

Switzerland Phone: +41 417663500 Fax: +41 417663509 E-mail: liebwin.vanlil@airopackgroup.com Internet: www.airopackgroup.com ISIN: CH0242606942 Listed: SIX Swiss Exchange   End of Announcement EQS Group News Service

639787  18-Dec-2017 CET/CEST

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