ShotPak, Inc. and Beverage Pouch Group Complete Technology Transfer Agreement

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Tue Jan 15, 2008 12:22pm EST

IRVINE, Calif.--(Business Wire)--ShotPak, Inc. (Pink Sheets: SHTP) today announces that it has
finally completed the technology transfer agreement between the
Company and Beverage Pouch Group, a division of PPi Technology Group
of Sarasota, FL and ShotPak (NV).

   After the launch in August of the new StandUp pouch, it became
apparent that the Company could not survive solely on existing
California and surrounding states sales in the short term, and that
further expansion into other states would be necessary. Although the
Company had planned distribution to other states, containerized
shipping had not begun to date.

   The Beverage Pouch Group has always owned the patented StandUp
pouch with the easy tear feature design and had a process agreement to
maintain the machine at the distillery used by ShotPak. The BPG team
was intimately involved in the new startup and Phase 2 plans, which
required more machinery and thus more money.

   The development costs from the past three years had left the
company with substantial debt load, which led the Board to the
decision to sell certain assets to BPG in return for 15% equity
ownership interest in BPG and a per case royalty.

   For BPG, they gained access to the ShotPak formulae and ShotPak is
now able to continue round two of development without the burden of
production costs, distribution deals and product promotion as well as
having the ability to start servicing the debt.

   BPG is a 'one of a kind' beverage company in that its parent
company, PPi Technologies Global, is vertically integrated with equity
in the machine manufacturer, the owner of patented pouch packaging
designs and is the distribution arm for water products; including
energy drinks, teas and natural flavor waters with no calories; wine
pouches used by major global wine companies; draft beer packaging in a
patented CarboPouch. Also, from a previous joint venture they have
garnered full experience in manufacturing liquor filled pouches which
will benefit the ShotPak brands.

   "From the Board point of view, we could only see this Technology
Agreement as having a huge benefit for the Company, as ShotPak could
now go national and ride on the back of PPi Technologies Global, who
has companies in Korea and China as well as offices in Europe and
South Africa for future global distribution plans," stated R. Charles
Murray, CEO of BPG.

   A quick summary of our first 30 days activities:

   --  The resolution to accept the technology agreement was
        approved.

   --  BPG combined their California office with the ShotPak office.
        Both companies will benefit from the shared expenses.

   --  Two new major drugstore chains have indicated their complete
        acceptance of our marketing plan to sell them water in the new
        BPG EnvoSmart(TM) environmentally friendly, sustainable low
        carbon footprint pouch, alongside new orders for the ShotPak
        cocktail flavors. More news will follow in the coming weeks
        about this deal.

   --  BPG will provide revenue for ShotPak to start paying down
        debt. Our future plans for ShotPak are to form strategic
        partnerships with distilleries in other countries who want to
        market exclusive alcohol products in the USA market and add
        another source of revenue for the Company.

   --  Despite short notice via our web site, we received shareholder
        support for our first shareholder call in and meeting in
        California last week.

   --  On an ongoing basis, we will be posting notices on our website
        regarding all upcoming meetings as well as shareholder notices
        and information. Shareholders are encouraged to email or
        telephone the Investor Relations department with questions.

   --  Management of both companies will serve on a Management
        Committee. Five others, who are also major shareholders, make
        up the rest of the Management Committee and bring their vast
        business experience to the ShotPak/BPG team to ensure a wide
        variety of ideas and thoughts for the future.

   In conclusion, after the first 30 busy days we have an achievable
budget for the next three years, we have a Research and Development
plan that has been fast forwarded by a year with BPG's help and in
autumn we will introduce new flavors and additional straight
beverages.

   The departure of the previous CEO, Ignus Hattingh, began when The
Board became very concerned at his lack of management experience and
more importantly, his blatant disregard for their financial decisions.
In September, he agreed to step down from his position as CEO. At that
time, Bill Marin was appointed President and responsible for financial
matters. Mr. Hattingh became the Sales Director/Consultant for the
Company. After the BPG/ShotPak Technology Agreement was approved, Mr.
Hattingh notified the Board of his desire to return to South Africa
and his resignation was mutually accepted.

   Bill Marin, President of ShotPak, Inc., comments, "Looking ahead,
with the assistance of BPG, who has taken a major stock position to
show their confidence in the future of our Company, we have an
achievable Business Plan that has clear objectives for the growth of
the business. ShotPak intends to post the information required to
conform to Pink Sheets' `Guidelines for Providing Adequate Current
Information' on the News Service this month, to help remove the 'Skull
& Crossbones' designation. In the future, ShotPak also plans to have
its securities quoted on the OTCBB."

   For full details of the recent "Letter to Shareholders" issued
jointly by R. Charles Murray and Bill Marin, please visit
www.shotpakinc.com/investors.html.

   Information on ShotPak, Inc.:

   ShotPak, Inc., an Irvine, California based company, since 2003, is
a leading distiller and innovator of cocktails and straight spirits in
patented soft portable single serving standup pouches. With over 50
years of combined experience and expertise in alcohol distilling,
distribution and field marketing, retail placement and promotion as
well as consumer trial and adoption, they prove to be a forerunner in
the single serve Ready to Drink (RTD) alcohol category. With the
successful launch of four premium vodka flavored drinks and four
premium distilled spirits in January 2007, ShotPak has instantaneously
captured national attention in the rapidly emerging $110 billion plus
alcohol beverage industry, with distilled spirits showing an 8.1%
increase. They are recognized for being visionaries with their
award-winning spirits and revolutionary packaging which gives
consumers a cost effective way to purchase spirits without the bulky
bottle.

   ShotPak products are packaged in single serving, lightweight,
break-resistant, recyclable plastic pouches with a built-in spout,
making it easy to pour anywhere. ShotPak products are ideal for
camping, boating, golfing, concerts, sporting events, or for anyone
on-the-go. Made from energy efficient sustainable laminations instead
of glass, ShotPak products provide a safe alternative especially
during summer activities. ShotPak, Inc. is immersed in a national
roll-out through strategic distribution channels and is expected to be
available in most major markets this year. For more information about
ShotPak, Inc., please visit us at: www.shotpakinc.com.

   Information on Beverage Pouch Group:

   Beverage Pouch Group a Sarasota, Florida based company, since
1996, is the leading provider of StandUp pouch machinery through its
parent Company PPi Technologies Global, in North America. BPG is a
prolific innovator of pouch designs and structures for life style
beverages, including Natural Flavor Waters, all types of cocktails and
straight spirits, wines and draft beers in patented soft portable
single serve and sustainable StandUp pouches. The Beverage Pouch Group
is truly global with plants in Germany, Korea and China. BPG's pouch
machinery is the industry standard.

   Beverage Pouch Group offers a full range of Lifestyle Beverages to
the consumer in sustainable StandUp pouches. The Beverage Pouch Group
machines and StandUp pouches are marketed through four divisions:

   ShotPaQ for liquors; BevPaQ for natural flavor waters, teas,
coffees and energy drinks; VinoPaQ for wines; and BeerPaQ for draft
beers

   BevShot is BPG's contract packing division. A customer brings
their proprietary recipe and BPG's BevShot division then utilizes
their machinery and process' to fill that product into patented
pouches. This arrangement saves a small company precious capital at
times when resources are needed to grow their business by allowing
them to meet the financial requirements to begin production without
the cost of purchasing their own equipment.

   Safe Harbor: Except for the historical information contained
herein, the matters set forth in this press release, including the
description of the Company and its product offerings, are
forward-looking statements within the meaning of the "safe harbor"
provision of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially,
including the historical volatility and low trading volume of our
stock, the risk and uncertainties inherent in the early stages of
growth companies, the Company's need to raise substantial additional
capital to proceed with its business, risks associated with
competitors, and other risks. These forward-looking statements speak
only as of the date hereof. The Company disclaims any intent or
obligation to update these forward-looking statements.

For ShotPak, Inc.
Yvonne Bennett, 941-359-6678
ybennett@ppitechnologies.com
www.standupzipperpouch.com

Copyright Business Wire 2008
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