Wednesday, September 06 2006 5:53 PM, EST
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ThermaFreeze Products Corporation Commences Trading
Location: MOBILE, AL
Date: 2006-09-06
Provider Name: Market Wire
Service Name: US Press Releases
MOBILE, AL -- (MARKET WIRE) -- 09/06/06 -- ThermaFreeze Products Corporation, a leadingsupplier of cold-chain management products (PINKSHEETS: TFZP), announcedtoday the Company has commenced trading on the Pink Sheets.
ThermaFreeze Products Corporation has developed products that maintain atransit temperature range beyond the capability of existing technology usedin the shipment of perishable food products and pharmaceuticals.
The Company's flagship products, ThermaFreeze(TM) refrigerant andThermaBarrier(TM) thermal packaging material, are technologically advanced,highly efficient and patent protected.
Demand for perishable product protection is growing rapidly. The U.S. Food& Drug Administration and the U.S. Department of Agriculture are requiringpharmaceutical and food producers to prove temperature compliance all theway to the consumer. Old technologies, such as gel packs, Styrofoamcoolers and dry ice are at the end of their product maturity cycle.
Perishable shippers are seeking products that assist them in achievingfederal compliance and lower spoilage rates. Over the last 60 years, thepackaging industry stopped development beyond gel packs and Styrofoamcoolers. Use of these products results in high spoilage rates, both hiddenand overt.
To lower spoilage rates, shippers must apply thicker and heavier packagingat higher purchase costs and freight rates.
A ThermaBarrier(TM) 40-pound box liner weighs only slightly more than twoounces. When using ThermaFreeze(TM) alone, twenty-four hour frozenshipments are completed with near zero spoilage. When used in conjunctionwith ThermaBarrier(TM) allowable transit time is increased to 36 - 48 hoursor more.
ThermaFreeze(TM) is a major breakthrough in cold-chain management.ThermaFreeze(TM) is flat and flexible even when frozen. In packaging,ThermaBarrier(TM) is thin walled, lightweight, and provides high thermalprotection.
The Company is addressing a total food production market in excess of $2trillion, with at least $154 billion perishable. Of $96 billion inpharmaceutical production, $39 billion required perishable protectionduring shipment.
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