NEW YORK, Dec. 10, 2010 /PRNewswire/ -- Safetek International, Inc. (Pink Sheets: SFIN) an incubator of and investor in green technology and Eco-Friendly start-up companies, announced today that Oneota Community Food Co-op, a natural food Co-op has purchased the eco-friendly, non-toxic ewrap™ food film.
Newave Packaging, Inc., a Safetek International portfolio company provides ewrap™ Food Film, which will be used in packaging meats and vegetables for resale in the store, and offers a healthy alternative to PVC film. ewrap™ does not require any additional or specialized dispensers, it can be dispensed from the same dispensers currently being used by food packagers.
Commenting on this order, Dr. Fredrik Verkroost, President of Newave Packaging, Inc. said "It is encouraging to see specialty stores and natural food stores leading the way by switching to environmentally friendly products, allowing their customers to enjoy the benefits of wrapping food in non-toxic food film, such as our ewrap™ food film. Smart consumers are making a real impact in demanding a safer environment, all the way up the food chain. We believe we are just starting to scratch the surface, of what will undoubtedly become a national migration toward using ewrap™ products in food packaging, starting with natural food stores, to eventually being embraced by every type of grocer. As there is a minimal price differentiation, we really can't see why any grocer wouldn't want to make the switch."
He added, "Oneota is a member of the National Cooperative Grocers Association (NCGA) and our goal is to reach out to every single member of the NCGA, which numbers 145 stores in 32 states with combined annual sales of $1.4 billion. Natural food cooperatives are the true pioneers of the natural and organic food industry and ewrap is a natural fit. For more than 30 years, co-ops have been a favorite among people who want delicious, highest quality and healthy food. And now they have an opportunity to enjoy the highest quality and healthy food wrap too."
David Lester, Manager of Oneota Community Food Co-op, added "we have been looking to reduce our use of PVC products, Newave Packaging's new ewrap™ products enables us to offer our customers greater comfort when buying food that is packaged without the risk of contamination and helps us fulfill our commitment to a cleaner environment"
Because co-ops are member-driven organizations, they are on the cutting edge of providing shoppers with fresh, natural, organic, local food that is healthiest for people, animals, the environment and communities. Natural food co-ops focus on good, wholesome food because that's what their consumer-owners want.
About Oneota Community Food Co-op (www.oneotacoop.com)
Oneota Community Co-op started in 1972 as an informal group of people making trips to Iowa City and Minneapolis to purchase natural foods in bulk. The past several decades have seen the co-op transfer from that original buying club to a co-op owned by over 2500 members. Today the store features a large selection of bulk foods, produce, health and beauty items, packaged foods, a deli and a gift section. Oneota Community Co-op is committed to operating by co-op principles to offer its members and customers the best possible selection of whole foods.
About the National Cooperative Grocers Association.
In 2004, NCGA combined the operations of 10 regional Cooperative Grocers Associations and partnerships to drive down costs, increase buying power, share best practices and promote the values of its food co-op members. Food co-ops are located nationwide, and 114 food co-ops are members of the National Cooperative Grocers Association (NCGA), a business services cooperative that helps unify co-ops in order to optimize operational and marketing resources, strengthen purchasing power, and ultimately offer more value to natural food co-op shoppers everywhere. NCGA members operate more than 145 stores in 32 states with combined annual sales of nearly $1.2 billion. The median NCGA member co-op was founded in 1975. While the smallest NCGA-member co-op generates less than $1 million in annual sales, the largest co-op generates more than $100 million in sales annually.
About Newave Packaging Inc. (www.newavepackaging.net)
Newave Packaging, Inc. supplies eco-friendly, non-toxic and bio-degradable film products and cutter boxes for the $1bn+ packaging industry, specializing in food packaging, which is still dominated by PVC products. All of its products are tested and certified to conform to new environmental legislation. Newave Packaging now distributes throughout North and South America and anticipates supplying other countries worldwide.
About Safetek International Inc. (www.safetekinternational.com)
Safetek International, Inc. is a holding company formed to identify, develop and manage business projects that show significant growth potential, including new green technologies and other eco-friendly sectors. The Company has recently acquired Newave Packaging, Inc. as part of its restructuring program to take advantage of innovation and their application to 'green' initiatives, especially for the non-toxic food film market. In addition to identifying, developing and managing business projects that show significant growth potential, Safetek helps its' portfolio companies find individuals experienced in management to take companies from idea/development to profitable operation.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Investor Relations Contact:
Roland Rick Perry
Institutional Analyst Inc.
Safetek International Inc.
SOURCE Safetek International, Inc.
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