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Wednesday January 24, 8:01 am Eastern Time
Press Release
Millennium Plastics Enlists The Consulting Services of The Gingrich Group Led By Newt Gingrich
LAS VEGAS--(BUSINESS WIRE)--Jan. 24, 2001--Millennium Plastics Corporation (OTCBB: MPCO - news) announced today the strategic enlistment of the Gingrich Group LLC to provide communication and management consulting services.
Millennium Plastics is shifting from the successful development stages of its unique line of water-soluble and totally biodegradable Solplax(TM) plastics into the more conventional business areas of sales and marketing. As part of that transition Millennium Plastics has signed a one-year agreement with the Gingrich Group, www.gingrichgroup.com , to assist them in this critical effort.
The Gingrich Group, led by former Congressman from Georgia and Speaker of the U.S. House of Representatives Newt Gingrich, will support Millennium's management in the areas of strategic management planning and the development of business opportunities. In addition the Gingrich Group will assist Millennium Plastics in the introduction of its unique biodegradable Solplax(TM) plastics to organizations, businesses and individuals that can benefit from the use or application of this innovative and environmentally friendly plastic material.
Speaker Gingrich said, ``We are very excited about our relationship with Millennium Plastics and about the new technology they have developed. With its wide range of industrial applications, Millennium's technology can potentially revolutionize the plastics industry, while solving many of the environmental problems facing that industry. The ability to develop truly biodegradable, quality products that can be disposed of without creating an environmental imbalance is important not only to the industry but to America and to the world. It is the type of high-tech solution that can lead to a better environment and a better economy.''
Millennium Plastics Corporation owns the worldwide patent rights to a new and innovative polymer and coating technology invented in 1995 by Solplax Ltd. of Ireland. Solplax(TM) plastics have the unique and very marketable characteristic of being water-soluble and biodigestible in sewage systems, landfills, and other environments containing microorganisms. The only by-products are non-toxic water, atmospheric gases and the residual biomass. Public perception and governmental pressures for plastics that are environmentally friendly are projected to propel the commercial demand for this product.
Technical, corporate and investors related information can be found on the Millennium web-site, www.millenniumpolymers.com or on the Solplax Ltd. site at www.solplax.com.
Safe Harbor Statement: The statements in this press release regarding the engagement of the Gingrich Group and any other statements, which are not historical facts, are forward looking statements. Such statements involve risks and uncertainties, including, but not limited to, costs and difficulties related to the effectiveness of these consulting services, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
