Press release

PaperWorks Opens New Packaging Development Design + Innovation Centre

Sponsored by Businesswire

PaperWorks announces the opening of the new Packaging Development
(PacDev) Design + Innovation Centre. Located on-site at the PaperWorks
Kitchener, Ontario facility, the new workspace combines top-notch design
and world-class packaging innovation and will serve as a hub for
revolutionary packaging ideas and creativity. “We created a dedicated
collaboration space for our customers that is supported by our team of
experts and packaging innovators, and conducive to inspiration and
problem-solving,” said Peter Jesus, Vice President of Packaging
Development & Support Services for PaperWorks.

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PacDev Design + Innovation Centre Experience (Photo: Business Wire)

PacDev Design + Innovation Centre Experience (Photo: Business Wire)

The new PacDev Center is a bright, smart, original place to house
creative minds at work. The team addresses the most critical challenges
and brings the most pioneering packaging ideas to life. The space
invites customers and guests to work together with the PacDev team to
create a differentiated experience:

  • An environment which supports both the creative and technical process.
  • A talented team of award-winning design and technical professionals.
  • A customer collaboration center with full support of virtual teams.
  • A dedicated space – Integrated with Prepress, Color Management, and
    Quality Lab.
  • A resource library with the latest samples of materials, finishes, and
    packaging formats.
  • The most advanced development software platform and tools.
  • Physical prototyping and interactive virtual retail environment

The new PacDev Design + Innovation Centre will serve and delight
customers. “This new addition to our capabilities demonstrates our
commitment to revolutionary packaging design and embodies our purpose of
delivering positive experiences and innovative solutions,” added Peter
Jesus. “PaperWorks is proud to offer this service to customers and
excited to work with industry leaders to create the next generation of
packaging innovation.”

Cautionary Statement Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements represent management’s current expectations
and are based upon information available to the Company at the time of
this press release. Statements in this press release that are not
historical or current facts are “forward-looking statements.” Such
forward-looking statements include statements using words such as
“anticipate,” “expect,” “believe,” “continue,” “will,” “may,”
“estimate,” “assume,” “presume,” “pursue,” “outlook,” “plan,” “goal,”
“milestone” and similar expressions. Such statements are subject to a
number of risks, uncertainties and assumptions that may cause actual
results, developments, or achievements to differ materially from those
projected or implied in these statements including, but not limited to,
potential limitations on the Company’s ability to maintain contracts and
other critical business relationships; risks associated with general
economic and business conditions; requirements for adequate liquidity to
fund its operations in the future, including obtaining sufficient
financing on acceptable terms; other matters related to its
indebtedness; and the risk factors and known trends and uncertainties
described in the Company’s most recent periodic reports provided to

Accordingly, readers should not place undue reliance on forward-looking
statements. The Company does not intend to publicly update any
forward-looking statements, whether as a result of new information,
future events, or otherwise, except as may be required under applicable
securities laws.

About PaperWorks

PaperWorks is a leading, integrated North American full-service provider
of recycled paperboard and specialized folding cartons for packaging
applications. The company specializes in providing folding carton
solutions for a wide variety of market sectors including food, beverage,
personal care, pharmaceuticals, nutraceuticals and medical devices and
is also known for its state-of-the art, extended color gamut printing
capability which creates shelf-differentiating graphics.

PaperWorks has invested in state-of-the-art technology over the past
three years to upgrade its paperboard mills and folding carton
converting plants and be at the forefront of innovation and market
differentiation. The company is committed to the highest sustainable
forestry and procurement standards. Product certifications include the
Forest Stewardship Council (FSC) and 100% Recycled Paperboard Alliance
(RPA100). For more information, please visit: