PALWEB PLASTIC PALLETS EXCEL IN INDEPENDENT TESTING
FOR IMMEDIATE RELEASE March 2, 2000
For more information contact:
Arlin Plender, Investor Relations 214 698 8330
PALWEB PLASTIC PALLETS EXCEL IN INDEPENDENT TESTING
Dallas, Texas - March 2, 2000 - PalWeb Corporation (Pink Sheets: PAEB),
recently announced test results for its rackable, plastic pallet.
PalWeb's subsidiary, Plastic Pallet Production, Inc., manufactures and
markets a new line of pallets. The firm intends to capitalize on the
worldwide trend for increased plastic pallet use. For comparison to
industry standards, PalWeb submitted their proprietary, two-piece
plastic pallets for independent testing.
Container Technologies Laboratory, Inc., an engineering, research and
testing firm in Lenexa, Kansas, employed a battery of six tests on the
PalWeb pallet. Transportation Simulation Testing standards per ASTM D
1185-98a and D 4728-91 were used. ASTM (American Society for Testing
and Materials) is a criteria of standards that have been established for
testing the integrity of a vast number of American products. The test
results of the PalWeb pallet are included in the laboratory's Pallet
Test Report #714, which can be found on the company web site,
www.palweb.net.
A number of dynamic tests were conducted to estimate physical durability
and functionality. Resonance, transport vibration, and pothole shock
tests did not damage the PalWeb pallet. Robert Stevens, Laboratory
General Manager, writes, "Some pallets can become so rigid that they
will cause the freight to be beat up but this pallet softened the ride
of the freight and will work well in most distribution environments."
During impact test conditions, Stevens observes, "The anti-skid pads on
the pallet worked well. At impact . . . the pads kept the weight box
from sliding forward and impacting the backstop."
Further, static compression and bending tests were used to estimate
stiffness. According to the report, the PalWeb model suffered no
structural damage that would adversely affect the safe transportation of
product under static test conditions that would strain wood pallets
beyond practical use. In his overall assessment, Mr. Stevens concludes,
"This two-piece design pallet will have many applications for industry.
I found it to be stronger and more versatile than the typical hardwood
pallet."
Commenting on the test results, Ronald Hale, President of Plastic Pallet
Production, Inc., says, "Meeting these industry benchmarks affirms our
product development. We are increasing production output to meet market
demand, complementing the global shift from wooden to plastic pallets.
These tests substantiate our product performance claims and are expected
to provide additional sales opportunities for our pallets."
This press release includes certain statements that may be deemed
"forward-looking statements" within the meaning of the Federal
securities laws. All statements, other than statements of historical
facts that address activities, events or developments that the Company
expects, believes or anticipates will or may occur in the future,
including the potential sales of pallets or other possible business
developments, are forward-looking statements. Such statements are
subject to a number of assumptions, risks and uncertainties, including
the ability of the Company to continue as a going concern. Actual
results may vary materially from the forward-looking statements. PalWeb
Corporation is a development stage company, which expects to engage in
the manufacture and sale of plastic pallets and plastic injections
molding machines and systems.
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