Perf Go Green Goes National with Walgreens Distribution Slated for Mid-September
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NEW YORK--(Business Wire)--
Perf Go Green Holdings, Inc. ("Perf Go Green") (OTCBB: PGOG,
www.perfgogreen.com), a marketer and distributor of biodegradable
plastics, announced today that the company's first products - the 13
gallon kitchen trash bags and 30 gallon lawn and leaf bags - will be
available for purchase in over 6,000 Walgreens drugstores
(www.walgreens.com) (NYSE, NASDAQ: WAG), nationwide beginning
mid-September.
"Our distribution partnership with Walgreens marks a big step
forward for Perf Go Green, providing for widespread availability of
our products," said Chief Marketing Officer Linda Daniels. "Perf Go
Green is about making simple changes that facilitate a greener
lifestyle. People want solutions to plastic waste and Perf Go Green
offers the convenience of traditional bags without the harmful effect
to the environment. We are delighted that consumers will soon be able
to find our products in their local Walgreens drugstore and we look
forward to a long-term relationship with this leading retailer."
Walgreens is the nation's largest drugstore chain with fiscal 2007
sales of $53.8 billion.
In addition to being available at Walgreens stores nationally,
Perf Go Green products can be purchased online through Amazon.com and
Drugstore.com and at Bashas Supermarkets beginning mid-October.
Perf Go Green products are made of recycled plastics that are
combined with an Oxo-Biodegradable proprietary application method to
produce the film for the bags. When discarded in soil and exposed to
the presence of microorganisms, moisture and oxygen, Perf Go Green
products biodegrade, decomposing into simple materials found in nature
much faster than regular plastics, which can take hundreds of years to
break down. Through this process and the use of recycled plastics, the
company effectively removes plastic waste from the environment. In
addition, Perf Go Green bags utilize a unique patented dispensing
system that stores the bags on the bottom of trashcans and dispenses
them one at a time.
Founded in November 2007, Perf Go Green premiered at the March
2008 International Home and Housewares Show in Chicago, where its
products received an honor for their design quality and innovation.
About Perf Go Green
Perf Go Green, Holdings Inc. (OTCBB: PGOG), www.perfgogreen.com,
is a New York-based biodegradable plastics company. The corporate name
reflects the "Go Green" mission from inception to create a Green
company for the development of eco-friendly, non-toxic, food contact
compliant, biodegradable plastic products as a practical and viable
solution to eliminating plastic waste from the world environment.
Safe Harbor Statement
This press release contains 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 forward-looking
statements are based on the current plans and expectations of
management and are subject to a number of uncertainties and risks that
could significantly affect the company's current plans and
expectations, as well as future results of operations and financial
condition. A more extensive listing of risks and factors that may
affect the company's business prospects and cause actual results to
differ materially from those described in the forward-looking
statements can be found in the reports and other documents filed by
the company with the Securities and Exchange Commission. The company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Investor Relations:
Lippert/Heilshorn & Assoc.
Elric Martinez, 212-838-3777
emartinez@lhai.com
or
Media:
Allison & Partners
perfgogreen@allisonpr.com
Copyright Business Wire 2008
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