U.S. Plastic Lumber's SmartDeck Composite Decking Product to be Carried by Lowe's
BOCA RATON, Fla., Sep 6, 2000 (BUSINESS WIRE) -- U.S. Plastic Lumber Corp. (Nasdaq: USPL chart, msgs) today announced that its SmartDeck(R) brand of advanced composite decking will be carried by Lowe's Home Improvement Warehouse stores, the world's second largest home improvement retailer.
In early August, Lowe's implemented a landmark lumber and wood procurement policy that is aimed at helping protect the world's threatened forests. Lowe's has committed to overhaul the sourcing of lumber and wood in the products it sells while proactively engaging its wood suppliers and governments to take immediate steps towards the permanent protection of critical forest areas.
"Since its content is made from a combination of recycled hardwood and plastic, SmartDeck(R) is an ideal product for Lowe's and its recently implemented environmentally-friendly lumber and wood procurement policy," explains Bob IntVeldt, Vice President, Marketing, for USPL. "We are excited that Lowe's will allow a wider array of consumers to enjoy the environmentally responsible, long term durability, and low maintenance benefits of SmartDeck(R)," added IntVeldt.
Lowe's recently conducted pilot programs for SmartDeck(R) in several of its stores in the southeastern and mid-Atlantic markets. Due to the pilot program's success, Lowe's anticipates it will expand SmartDeck(R) in an additional 200+ stores within the next 30 days
About SmartDeck(R)
SmartDeck(R) is the only complete composite decking system with beautiful and functional railings and premium quality deck planks. SmartDeck(R) is an advanced composite of recycled hardwood and recycled plastic, making it extremely durable, moisture resistant, and low maintenance, while at the same time providing the look and feel of natural wood. SmartDeck(R) will not splinter or show the typical effects that moisture has on natural wood.
USPL recently announced broad patent coverage for both process and composition of SmartDeck(R), which recognizes the brand's important technical innovations.
SmartDeck(R)is widely available through distribution around the country. For a list and location of SmartDeck(R) distributors, please visit SmartDeck(R)'s website: www.smartdeck.com.
About USPL
U.S. Plastic Lumber Corporation develops beneficial re-use options and end-product solutions for distinct types of waste streams. The company has two main business lines: the manufacture of plastic lumber, packaging and other value added products from recycled plastic, and the operation of interrelated environmental recycling services. U. S. Plastic Lumber is the nation's largest producer of recycled plastic lumber. Headquartered in Boca Raton, Florida, USPL is a highly integrated, nationwide processor of a wide range of products made from recycled plastic feedstocks. USPL creates high quality, competitive building materials, furnishings, and industrial supplies by processing plastic waste streams into purified, consistent products. USPL's products are environmentally responsible and are both aesthetically pleasing and maintenance friendly. They include such brand names as Carefree(R), SmartDeck(R), RecycleDesign(TM), TriMax(R), Earth Care(TM), and OEM products including Cyclewood(TM). USPL currently operates eight plastic manufacturing centers.
Certain statements and information included in this release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in the Company's SEC filings.
Contact:
U.S. Plastic Lumber Corporation, Boca Raton
Mark S. Alsentzer, CEO
John W. Poling, CFO
561/394-3511 |
