Airopack Technology Group AG is pleased to share an update on recent customer launches

    Airopack Technology Group AG is pleased to share an update on  recent customer launches

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EQS Group-Ad-hoc: Airopack Technology Group AG / Schlagwort(e):
Umsatzentwicklung
Airopack Technology Group AG is pleased to share an update on recent
customer launches

10.05.2017 / 07:01 CET/CEST
Veröffentlichung einer Ad-hoc-Mitteilung gemäss Art. 53 KR

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Airopack Technology Group AG is pleased to share an update on
recent customer launches

Baar, 10 May 2017 - Airopack Technology Group AG ("ATG") is pleased to
update their shareholders on new product lines using ATG technology that
have launched and are now available in retail stores around the world:

* Procter & Gamble, Gillette Venus with Olay Ultra Moisturizing, Shave Gel

* Beiersdorf, Labellino | Labello - Raspberry & Apple and Fresh Mint, Lip
Care

* Edgewell, Bulldog Foaming Original Shave Gel

Airopack Technology Group AG is extremely pleased to update its shareholders
on these product launches. These leading global brands have chosen the
patented and planet-friendly ATG packaging technologies of Airopack and
Airoball to create a highly distinctive shelf presence, in addition to other
commercial and environmental benefits.


Business update

The new state-of-the-art plant in Waalwijk, The Netherlands, with an initial
annual capacity of 80 million pieces of Airopack, has been successfully
built within only 168 days, and commenced operations in December 2016. All
assets are installed and fully operational according to plan, both in terms
of utilization and manufacturing costs. Based on actual run rates so far,
the annual capacity of the current production lines can be increased to 100
million pieces annually with only minor additional investments. The Waalwijk
plant is now compliant with an AQL level of 0.065 for critical defects,
representing the highest quality standards in our industry. ATG is in the
advanced stages of preparation for doubling the manufacturing capacity of
the plant to 200 million pieces per annum and asset build is provisionally
scheduled to start in the second half of 2017.

Outlook

Based on the strong and successful development of the current customer and
sales pipeline, ATG expects an ongoing positive evolution of Airopack sales
and results. ATG's Board of Directors and Group Management remains confident
that its mid-term goal of a run rate volume of over 700 million pieces
annually can be achieved, compared to a total aerosol market of 15.48
billion annual units as of the end of 2015*.

* Source: Grand View Research, Inc., U.S.A., publication date: May 2016


For more information:
Investors:

Airopack Technology Group AG
Quint Kelders, CEO / Liebwin van Lil, CFO

Zugerstrasse 76b
CH-6340 Baar
TF: [phone]
E-Mail: [e-mail]
E-Mail: [e-mail]
www.airopackgroup.com

   Airopack Technology Group AG is a leading developer and supplier of
   mechanical and pressure-controlled dispensing packaging technologies
   and systems for manufacturers and suppliers of cosmetics, body care,
   pharmaceutical and food products. The revolutionary and worldwide and
   solely by ATG patented Airopack(R) technology offers a safe,
   all-plastic pressurized dispenser that is environmentally and planet
   friendly

   Airopack Technology Group operates a Airopack Ready to Fill
   manufacturing facility in Waalwijk, The Netherlands and a Full-Service
   Filling operation in Heist-op-den-Berg Belgium, an Global Research and
   Development Team and the Airopack Global Management and Customer
   Service Organisation in Waalwijk, The Netherlands.

   The shares of the company are listed on the Swiss Reporting Standard
   of the SIX Swiss Exchange since 2010. (Ticker: AIRN / ISIN:
   CH0242606942).
                           www.airopackgroup.com


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Ende der Ad-hoc-Mitteilung

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   Sprache:        Deutsch
   Unternehmen:    Airopack Technology Group AG
                   Zugerstrasse 76b
                   6340 Baar
                   Schweiz
   Telefon:        [phone]
   Fax:            [phone]
   E-Mail:         [e-mail]
   Internet:       www.airopackgroup.com
   ISIN:           CH0242606942
   Börsen:         SIX Swiss Exchange



   Ende der Mitteilung    EQS Group News-Service
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571679 10.05.2017 CET/CEST

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