IPS Innovative Packaging Solutions and Resilux's JV company Airolux signs five-year supply agreement with P&G for its Airopack system of plastic pressurized dispensers; product uses 42% less energy, emits 74% less CO2 than standard aerosol cans

BAAR, Switzerland , September 6, 2013 (press release) – Airolux AG, a joint venture between I.P.S. Innovative Packaging Solutions AG and Resilux NV announced today that a 5-year supply agreement has been signed for the delivery of their Airopack system, with Procter & Gamble, one of the world's leading consumer brand companies. The revolutionary and patented Airopack technology offers a safe and clean alternative for traditional Aerosol dispensing systems. Airopack is the safe, all-plastic pressurized dispenser that's environmentally friendly. Airopack makes use of air. Dispensing air at a constant pressure from start to finish, it works identically to standard aerosols, yet uses 42% less energy and emits 74% less CO2.

I.P.S. CEO Quint Kelders indicates this signed supply agreement as a milestone for Airopack and a step forward for the planet's environment: 'We are proud that one of the largest corporations in the world embraces our Airopack technology. We are really looking forward to the cooperation between our companies.'

Award-winning Airopack technology by Airolux AG

The revolutionary Airopack concept, offering a sustainable and environmentally alternative to aerosols, has won the 'Silver Award' at the prestigious Edison Best New Product Awards in 2011 and the Dupont Packaging Award 2012. The cosmetics industry responded enthusiastically to the patented invention, because it responds to the wider consumer trend towards environmentally friendly products. Airolux AG develops, produces and markets a range of highly innovative and sustainable dispensing solutions for consumer applications (such as shaving products, toothpaste, hair and skin care, OTC and many others).

About Procter & Gamble

Procter & Gamble Co. is the 4th largest corporation in the world by market capitalization and is Fortune's 6th Most Admired Company. P&G serves approximately 4.6 billion people around the world with its brands. The Company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Fairy(R), Gain(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), Braun(R), Fusion(R), Ace(R), Febreze(R), Ambi Pur(R), SK-II(R), and Vicks(R). The P&G community includes operations in approximately 75 countries worldwide.

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