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Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?

To: a. paisley who wrote (277)	4/21/1998 9:00:00 AM
From: Don Metzger	Read Replies (2) \| Respond to of 4783

April 21, 1998 08:37 AM PLAINVIEW, N.Y., April 21 /PRNewswire/ -- Packaging Plus Services, Inc. PKGP announced today that the initial equipment necessary to operate its subsidiary, CUSTOMIZED CORRUGATED CORPORATION (CCC), is being acquired and will be installed in Packaging Plus' warehouse in Plainview, New York. The cost of the initial equipment is $348,000; RCC Finance Group Ltd. is providing the financing. This new division will offer yet another service to the postal/business service centers belonging to PKGP's subsidiary, The Association of Packagers and Carriers, Inc. (APAC). CUSTOMIZED CORRUGATED will now be able to offer sales of customized corrugated boxes to APAC for its customers. "Transporting corrugated is sometimes as expensive as the product itself, but CUSTOMIZED CORRUGATED will be attempting to lower corrugated and transportation costs specifically on small special orders. CCC will also offer increased profitability for APAC store owners as well as fulfilling packaging needs for some of our transportation partners," said Nick DeLeone, President of APAC. "Additional growth will result from outside wholesale customers interested in corrugated boxes that are customized by size, shape and color. The potential of this company for small businesses and home-based customers of APAC members is enormous due to its unique capabilities," said Michael Lepson, Operations Consultant for PKGP. In addition, this service will be offered via the Internet to small business owners worldwide. The Company also announced that Norm Hollander, a corrugated specialist, will serve as a Director of CUSTOMIZED CORRUGATED. "I am excited and impressed to be working with such an aggressive and innovative company attempting to revitalize an entire industry. I feel my 20 years experience in this industry will enable CCC to achieve a steady growth and market penetration. I see a great future for all concerned," said Mr. Hollander. Packaging Plus Services, Inc. owns and operates APAC, the Association of Packagers and Carriers, a nationwide association of independent postal/business service centers. The Association provides access to business services and logistically convenient and cost effective delivery of goods worldwide. SOURCE Packaging Plus Services, Inc. Top Terms of Use, and Privacy Policy. c 1996-98 Microsoft Corporation and/or its suppliers. All rights reserved. c 1998 PR Newswire. All rights reserved.