Polyair Inter Pack Inc. Announces Appointment of New Chairman

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Wed Jul 23, 2008 11:10am EDT

  TORONTO, ONTARIO, Jul 23 (MARKET WIRE) -- 
Polyair Inter Pack Inc. (TSX: PPK), announced today the appointment of
Mr. David Evans as Chairman of the Company's Board of Directors effective
immediately. David Evans is the Chairman and Chief Investment Officer of
Leoville Holdings, LLC, a private equity investment manager with over
$1.2 billion under management in several alternative asset businesses.
Leoville Holdings is the corporate parent of Glencoe Capital, the private
equity firm that Mr. Evans founded in 1993. Mr. Evans has more than two
decades of experience in merchant and investment banking, principal
investing, and private equity. He is Chairman of the firm's Investment
Committee, and he has served as Chairman or Director of numerous public
and private companies.

    Mr. Evans is replacing Mr. Louis Manetti, who has served as an Officer
since 2004 and as Chairman of Polyair since January 2008. The Company's
board of directors expressed its appreciation for the contribution made
by Mr. Manetti during his tenure as Chairman of the Company.

    Polyair Inter Pack Inc. (www.Polyair.com) manufactures and distributes a
wide range of protective packaging products and swimming pool covers in
North America. The Company operates eight manufacturing facilities, seven
of which are in the USA where it generates the majority of its sales.

Contacts:
Polyair Inter Pack Inc.
Stysia Reay
(416) 679-6591
Email: sreay@polyair.com
Website: www.Polyair.com

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