I think this one is still flying well below the radar.Here is some dd on the company Sea Change Group, LLC. Sea Change Group, which conducts business under the name Versadial(TM), has the LOI with CAUL (The Shell).It looks very promising IMO.I think we see a minimum double from the current level.
Mr. Block joined Behrman Capital in November 2004. He has had extensive operating experience in the Personal Care Products industry and Supply Chain Management. Mr. Block is the former Chairman and President of Revlon International. In this capacity he was responsible for over $1 billion in sales through subsidiary operations in Asia, Europe and Latin America. He managed the company’s marketing, sales and manufacturing, strengthening Revlon’s brand image and penetration while producing over 70% of Revlon’s worldwide income.
Paul Block, President- As Chairman and President of Revlon International, Mr. Block was a leading figure in the global cosmetics and toiletries industry. Mr. Block is also currently a Director of CCL Industries, a multinational packaging manufacturer and contract filler to the health and beauty industry. He is based in New York.
VERSADIAL™ DUAL DISPENSING PACKAGE WINS 2004 PACKAGE OF THE YEAR AWARD AND ANNOUNCES INTRODUCTION OF NEW SIZES
New York, October 18, 2004
The International Packaging Design Award for "Package of the Year" in the Personal Care category was awarded to Versadial™ for its dual dispensing package, marketed under Fiji Blend's brand name. The fifth annual competition drew hundreds of entries from around the world. The IPDA's committee of 100 renowned industry executives recognized the best innovative packaging in cosmetics, fragrances and personal care categories
Geoffrey Donaldson, CEO of Versadial, on accepting the award said, "We are very excited about this prestigious honor. Versadial is rapidly becoming recognized as the leader in innovative, dispensing systems, and is well positioned to capitalize on the growing global interest in product customization through variable and fixed ratio multi-chamber packages.".
Versadial also announced the introduction of its new 40 mm size. This smaller dispenser maintains all the unique attributes of the original 49 mm cap, delivers up to .25 ml per stroke and has a bottle capacity from 30 ml up to 100 ml. The new silhouette is ideal for variable ratio as well as segregated ingredient stories in color cosmetics, skincare, fragrances, OTC drugs, and pharmaceuticals
"Although Versadial represents the height of innovative technology, it is easy and intuitive for the consumer to use," explained DeDe Yoder, Versadial's Director of Sales Development. "By rotating the dispenser head, the consumer can select up to eleven different formula strengths from the interlocking bottles." In addition to product customization, Yoder says the Versadial line, "allows tremendous versatility of package design as well as delivery and dispensing options, and variants in shape, color and material."
Another innovative dispenser is on the way. In Spring '05, an even smaller, completely airless, lipstick-sized dispenser that is 20 mm in diameter will be introduced. It is being designed to bring breakthrough formulations to the consumer in a portable, pocket-sized dual dispenser. Versadial executives predict it will be the biggest product story of the year!
Headquartered in New York City, Versadial is tooled and manufactured in Germany. For more information call 212-986-0886.
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