Safetek International, Inc. Enters $1 Billion Film Packaging Sector With Eco-Friendly Food Film
Demand for Non-Toxic, Non-PVC Food Wrap Growing More Rapidly than Overall Sector
BOCA RATON, Fla., Nov. 6, 2012 /PRNewswire/ -- Safetek International, Inc. (Pink Sheets: SFIN), a manufacturer and distributor of green technology and eco-friendly products, announced today that its Food Film Division has commenced marketing its new environmentally-friendly Safetek Professional food service film packaging for meat, poultry, produce and frozen foods to position the company as a leading supplier of 'green' packaging products to the food retailing industry.
Commenting on Safetek's entry into the recyclable and non-toxic food film packaging market in North America, Michael J. Krantz, President of Safetek International, said, "We as a company have completed a detailed market analysis of the institutional food film market in North America. Safetek will begin the initial rollout of the food film packaging in January 2013. We have placed an initial order for six 40 ft. shipping containers of non-PVC Food Film with delivery dates starting in January. We have scheduled delivery of one container per month through June 2013. Each 40 ft. container holds approximately 4000 rolls of Food Film with each roll 5000 ft. in length.
The expected wholesale prices range between $30-$60 USD per roll, depending on the film width & gauge. The film will be shipped to the Boca Raton warehouse and will be a stock item held in inventory for sale. Each container represents potential revenue in excess of $120,000 USD.
Krantz continued, "We will also offer wholesale customers pricing on 20 ft. and 40 ft. shipping containers that will be dropped shipped directly to the commercial customers. The point of origin of the Food Film is India and Bahrain. Initial orders will have a delivery in 90 days from the commercial customer depositing the purchase order, and 60 days on reorders once in the manufacturing production schedule."
Current PVC Food Packaging Market Size
According to market studies conducted by the Freedonia Group, the PVC food packaging market for film in the USA is estimated to be 300-MM lbs. At an average wholesale selling price of $1.50/lb. US, this represents a market of $ 800 million annually. Significantly, this number does not include the Food Service and Retail markets.The market for PVC stretch film is segmented:
- Supermarket/Grocery: The largest application is in the packaging individual cuts of red meat, followed by poultry and seafood. Lesser applications are for baked goods, produce and other food products. Certain vendors such as Tyson Brands require printed film as part of their branding, and accept paying a high premium for printed film. Others choose to apply expensive adhesive backed labels. Safetek will meet these specific requirements to penetrate the institutional marketplace. According to Freedonia, annual growth in the grocery segment is forecast to be 2%. The non-toxic, non-PVC packaging segment is growing rapidly as more food retailers adopt eco-friendly practices and standards.
Food Service: This segment includes all food service establishments, catering firms, restaurants, hotels, hospitals and the like. The application is for wrapping of foods such as sandwiches, salads, airline servings of food and wrapping of foods for future use. Again, more and more food service establishments are joining the "green" movement towards recyclable and non-toxic packaging and are incorporating this "earth-friendly" message in their corporate image marketing.
Retail: This is a home use application for protection of foods and for microwave lidding. This product is sold exclusively in cutterbox dispensers in various lengths of up to 200 feet.
About Safetek's Food Film Packaging
Food Wrap Cling Film Polyethylene (PE) - the base material used in the manufacture of Safetek's food film packaging is a simple structure polymer that places the least eco-strain on the environment. PE disintegrates in a given time period and, when annihilated, it burns to hydrogen & carbon with no residual polluting side effects. PE is slowly replacing conventional PVC films, since PVC contains toxic plasticizers (such as phthalates), stabilizers containing dangerous heavy metals (such as lead), fungicides and other toxic substances
Advantages of Safetek's food film over conventional PVC cling film are:
- Conforms to food contact regulations
Harmless. 100% non-toxic and hypo-allergenic
Recyclable: 100% recyclable and Eco-friendly
More economical than PVC, lower density of LLDPE than PVC
30% less material used in manufacturing PE than PVC
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Interested investors and shareholders are invited to be added to the company's e-mail database for future press releases and industry updates by sending an e-mail to info@safetekinternational.com
About Safetek International, Inc. (www.SafetekInternational.com)
Safetek International, Inc. is a holding company (Pink Sheets: SFIN) engaged in developing commercial opportunities in the organic, bio-degradable, zero carbon footprint or other "green" technology market sectors.
The company's mission is to provide consumers and institutions with affordable high-quality, high-utility products which accommodate the growing public awareness of green issues and exploding demand for zero-carbon-footprint, earth-friendly goods and services.
Forward-Looking Statements
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements
Michael J. Krantz, Esq. President
Safetek International, Inc.
Email: info@SafetekInternational.com
SAFETEK International (SFIN)
Safetekinternational.com Safetek International, Inc. is a holding company (Pink Sheets:SFIN) engaged in developing commercial opportunities in the organic, bio-degradable, zero carbon footprint or other "green" technology market sectors. Products include:
| Organic & eco-friendly Cleaning Products for Household & Institutional Cleaning |
| v-ganics Organic Food Products |
| Bio Hand Sanitizer |
| Bio Crystal Cleaner |
| eco-safe non-PVC commercial food film |
Sign Up for Investor Relations e-Mail Database
Interested investors and shareholders are invited to be added to the company's e-mail database for future press releases and industry updates by sending an e-mail toinfo@safetekinternational.com
Company's Food Packaging Fills Increasing Demand for Environmentally-Friendly SolutionsSafetek International Announces Marketing Launch of Non-Toxic and Recyclable Food Packaging Film
NEW YORK, May 1, 2012 (GLOBE NEWSWIRE) -- Safetek International, Inc. (Pink Sheets:SFIN), a manufacturer and distributor of green technology and eco-friendly products, announced today that its Food Film Division has commenced marketing its new environmentally-friendly Safetek Professional food service film for meat, poultry, produce and frozen foods to position the company as a leading supplier of 'green' packaging products to the food packaging industry.
Commenting on Safetek's entry into the recyclable and non-toxic food film packaging market in North America, Michael J. Krantz, President of Safetek International, said, "We as a company have completed a detailed market analysis of the institutional food film market in North America. Safetek will begin the initial rollout of the food film packaging specifically to specialty retailers in addition to over 500 Organic Cooperatives in the United States. We are contacting each store manager directly to introduce Safetek's non-toxic film that caters to their environmentally conscious customers. Utilizing our non-toxic film becomes a marketing advantage to many of these specialty retailers and cooperatives."
Krantz continued, "Our business plan incorporates very competitive pricing to gain market share in the food retailer sector that is increasingly motivated by their customers who prefer to patronize grocers that have health conscious and environmentally friendly practices and products as an integral part of their corporate mission. This grass roots approach to building a brand and market share will serve us in good stead moving forward."
Krantz emphasized, "By building a strong base of end users, it will ultimately benefit our distribution in the future when these store managers start to instruct local food and packaging distributors to supply our packaging wraps. We anticipate a major ramping up of food film packaging volume as these new distributors, driven by requests from store managers, begin to use Safetek's food film packaging and subsequently order our product by the shipping container load."
New Corporate Office
Krantz noted, "Safetek will actively launch the food film marketing campaign on June 1, 2012, when the Company moves into its new 4300 square foot office, warehouse and showroom facility in Boca Raton, Florida. Our ability to stock product for immediate order fulfillment will be an added benefit in our sell through marketing efforts."
About Safetek's Food Film Packaging
Food Wrap Cling Film Polyethylene (PE) - the base material used in the manufacture of Safetek 's food film packaging is a simple structure polymer that places the least eco-strain on the environment. PE disintegrates in a given time period and, when annihilated, it burns to hydrogen & carbon with no residual polluting side effects. PE is slowly replacing conventional PVC films, since PVC contains toxic plasticizers (such as phthalates), stabilizers containing dangerous heavy metals (such as lead), fungicides and other toxic substances
Advantages of Safetek's food film over conventional PVC cling film are:
- Conforms to food contact regulations
Harmless. 100% non-toxic
Recyclable: 100% recyclable hence Eco-friendly
More economical than PVC, lower density of LLDPE than PVC
30% less material used in manufacturing PE than PVC
Sign Up for Investor Relations e-Mail Database
Interested investors and shareholders are invited to be added to the company's e-mail database for future press releases and industry updates by sending an e-mail to info@safetekinternational.com
About Safetek International, Inc. (www.SafetekInternational.com)
Safetek International, Inc. is a holding company (Pink Sheets:SFIN) engaged in developing commercial opportunities in the organic, bio-degradable, zero carbon footprint or other "green" technology market sectors.
The company's mission is to provide consumers and institutions with affordable high-quality, high-utility products which accommodate the growing public awareness of green issues and exploding demand for zero-carbon-footprint, earth-friendly goods and services.
Safetek International, Inc. Announces Launch of Hairganics and 60/60 Weave Cafe Hair Salons
Launch Represents First of Eco-Friendly and Organic Product Offerings for Household and Industrial Uses
NEW YORK, April 19, 2012 (GLOBE NEWSWIRE) -- Safetek International, Inc. (Pink Sheets:SFIN), a manufacturer and distributor of green technology and eco-friendly products, announced today that it is launching the Hairganics line of products, as the first of six consumer product offerings which are organic, bio-degradable and/or have a zero carbon footprint.
Safetek has partnered with Alix A. Moore with a distribution agreement with JAKD Enterprises, Inc. to distribute, wholesale and retail a line of high-quality hair extensions and hair care products under the Hairganics brand and through the Safetek majority-owned 60/60 Weave Cafe hair salon network which specializes in sew-in hair extensions.
JAKD Enterprises sources the finest virgin hair extensions available in the market today from India. Using quality hair and proprietary sorting & stitching methods, the natural hair extensions are highly sought after by leading hair salons across the country. The proprietary method assures the finest wefts of weave hair, silky and smooth to the touch that lies naturally without tangling or matting. More durable than synthetic extensions, Hairganics human hair extensions maintain their natural look for years.
Virgin Indian hair (hair which has never been colored or processed) is prized among women of African descent for its similar color, texture and finish which blends well with their own hair-- giving them the naturally longer or straighter look they desire. With the increased demand the supply of quality human hair is becoming difficult to sustain. In developed countries, more and more women are using synthetic or processed hair extensions.
"The size of this market is enormous, growing and easily targeted," stated Alix Moore who is described by industry experts as one of the first human hair manufacturers in the United States. Alix Moore has been breaking new ground in the hair industry for over 26 years and is the founder and CEO of M.A.D. Hair Inc.(Making A Difference) and Indian Hair Direct, Inc. based in Atlanta, GA. The growth in the real human hair extension market is outpacing the growth in the synthetic hair market. The US and Great Britain consume most of the world's market for human hair. Hair salons regularly charge anywhere from $300 to $1000 for a full head of quality human hair wefted extensions.
Doron Katz, President of JAKD Enterprises, said, "I honestly believe that by teaming up with Safetek and Alix Moore, Hairganics has the opportunity to take the industry by storm, with the potential of building a rapidly growing revenue stream for Safetek International."
Katz continued, "Unlike the widely used processed extensions, Hairganics is 100% natural and hypo allergenic. On average, fans of hair extensions order two bundles of 14-16 inch hair extensions bundles every six months. With each bundle retailing at approximately $150, this represents annual revenues per user of $600. In 2010 the US Census Bureau estimated the female black population just shy of 20 million-strongly suggesting a staggering gross market potential."
Michael J. Krantz, President of Safetek International, noted, "Our wholly owned Hairganics line already has two distributors generating revenue for the company that will be recognized in the current quarter. We are looking forward to exponential revenue growth in 2012."
Hairganics will offer its hair bundles wholesale direct to the estimated 250,000 hair salons in the United States and offer the hair extensions on a retail basis through the 60/60 Weave Cafe hair salons.
Hairganics is the first of six eco-friendly and bio-degradable footprint consumer product offerings for households and industrial use by Safetek International, Inc. Additional product launches for 2012 include:
| Organic & eco-friendly Cleaning Products for Household & Institutional Cleaning |
| v-ganics Organic Food Products |
| Bio Hand Sanitizer |
| Bio Crystal Cleaner |
| eco-safe non-PVC commercial food film |
Sign Up for Investor Relations e-Mail Database
Interested investors and shareholders are invited to be added to the company's e-mail database for future press releases and industry updates by sending an e-mail to info@safetekinternational.com
About Safetek International, Inc. (www.SafetekInternational.com)
Safetek International, Inc. is a holding company (Pink Sheets:SFIN) engaged in developing commercial opportunities in the organic, bio-degradable, zero carbon footprint or other "green" technology market sectors.
The company's mission is to provide consumers and institutions with affordable high-quality, high-utility products which accommodate the growing public awareness of green issues and exploding demand for zero-carbon-footprint, earth-friendly goods and services.
