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PR for AFTERHOURS and TUESDAY 10/31
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[QUOTE]Originally posted by Chopper: [QB] PLNI .001 Plasticon International, Inc. Subsidiary Awarded Nevada Beltway Construction Contract Valued at Over $240,000 Tuesday October 31, 8:08 am ET LEXINGTON, KY--(MARKET WIRE)--Oct 31, 2006 -- Plasticon International, Inc. (Other OTC:PLNI.PK - News) is pleased to announce that the Nevada Department of Transportation has awarded Semco Distribution, Inc., a subsidiary of the Company, a $241,850 contract for the surfacing of the concrete embankment at the I-515 Beltway Interchange in Nevada. The project involves the application of Semco's proprietary concrete sealants and anti-graffiti coating. Semco's coating system was chosen to allow the Nevada Department of Transportation an opportunity to use a more attractive color combination, to eliminate the absorption of water into the surface of the structure and to mitigate the cleanup cost of graffiti with their protective coating. The new interchange joins Interstates 215 and 515 in Henderson, Nevada with numerous roads, bridges ands ramps. The total cost of the Interchange project is $82,247,827, paid for by a combination of federal, state and local funds. "We believe that as environmental regulations increase, the worldwide demand for Semco's surfacing systems may grow. We now offer a total waterproofing solution for major construction projects. Our unique re-bar support products with Semco's concrete coating is a combination that will provide countless opportunities for us to sell both Plasticon and Semco products to the same customers on the same projects," stated Plasticon President and CEO Jim Turek. Based in Las Vegas, Semco manufactures, markets, and sells custom surfacing products to high profile commercial, public and private clientele. Its product line is noted for its cosmetic appeal and durability for use in heavily used walkways, extreme outdoor conditions and in chlorinated pools. Plasticon completed the acquisition of Semco Distribution, Inc. and Ultimate Surface, LLC on January 1, 2006. About Plasticon International, Inc. Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, informational & directional signage and plastic lumber, which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green company, environmentally friendly, using recycled plastics to produce its line of products. THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS." FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. IN SOME CASES FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING WORDS SUCH AS "BELIEVES," "EXPECTS," "MAY," "WILL," "SHOULD," OR "ANTICIPATES," OR THE NEGATIVE OF THESE WORDS OR OTHER VARIATIONS OF THESE WORDS OR COMPARABLE WORDS, OR BY DISCUSSIONS OF PLANS OR STRATEGY THAT INVOLVE RISKS AND UNCERTAINTIES. MANAGEMENT WISHES TO CAUTION THE READER THAT THESE FORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO, STATEMENTS REGARDING THE COMPANY'S PLANS, GOALS AND, THE BUSINESS STRATEGY OF THE COMPANY AND OTHER MATTERS THAT ARE NOT HISTORICAL FACTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT OR THAT THE ANTICIPATED FUTURE RESULTS WILL BE ACHIEVED. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY EITHER BECAUSE ONE OR MORE PREDICTIONS PROVE TO BE ERRONEOUS OR AS A RESULT OF OTHER RISKS FACING THE COMPANY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, THE COMPARATIVELY LIMITED FINANCIAL RESOURCES OF THE COMPANY, THE INTENSE COMPETITION THE COMPANY FACES FROM OTHER ESTABLISHED COMPETITORS, TECHNOLOGICAL CHANGES THAT MAY LIMIT THE ABILITY OF THE COMPANY TO MARKET AND SELL ITS PRODUCTS AND SERVICES OR ADVERSELY IMPACT THE PRICING OF THESE PRODUCTS AND SERVICES. ANY ONE OR MORE OF THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED, EXPRESSED, OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT TO REFLECT EVENTS, CIRCUMSTANCES, OR NEW INFORMATION AFTER THE DATE OF THIS PRESS RELEASE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED OR OTHER SUBSEQUENT EVENTS. Contact: Contact: For more information: Investor Relations 1-866-THE-APPL(E) http://www.plasticonintl.com [/QB][/QUOTE]
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