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This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.
Millennium Plastics Slicing into the 150 Million Annual Golf Tee Market With Augusta Golf
ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.
Millennium Plastics Slicing into the 150 Million Annual Golf Tee Market With Augusta Golf
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For Immediate Release
Millennium Plastics Slicing into the 150 Million Annual Golf Tee Market With Augusta Golf
NEVADA, LAS VEGAS, May. 24 -/E-Wire/-- Millennium Plastics Corp. (OTCBB: MPCO) Thursday announced that they have entered into a multiyear contract with Augusta Golf
Products Ltd. for the sale of Solplax(TM) biodegradable golf tees.
"Augusta Golf Products is a major worldwide, manufacturer and wholesaler of plastic
golf tees and golf-related products. Thus, we are extremely excited about Augusta Golf
wanting to market, manufacture and sell biodegradable golf tees made with our
Solplax(TM) plastics,' stated Paul Branagan, MPCO president.
Late last year Millennium test marketed Solplax(TM) golf tees in several PGA Tournaments and subsequently entered into discussions with Augusta Golf about supplementing their conventional plastic tees with a new line of water soluble and
biodegradable Solplax(TM) golf tees.
"Augusta Golf Products currently sells in excess of 150 million plastic golf tees
annually into the world market and, obviously, we are eager to begin capturing a good
portion of those sales with Solplax(TM) type tees,' Branagan went on to say.
Roger Turner, managing director of Augusta Golf Products, said, "We are absolutely
delighted to be associated with Millennium Plastics and are looking forward to
developing further applications for this remarkable environmentally friendly
Solplax(TM) plastic material.'
Solplax(TM) biodegradable golf tees can dissolve in water and then be digested by
microorganisms normally found in the ground.
The use of the Solplax(TM) golf tees by professional golf tournaments and private and
public courses will help each venue improve their environmental image, as well as
eliminate the need by golf courses to recover the enormous number of conventional
types of tees that often litter their tee boxes, damage mowing equipment and cause
injury by creating flying debris.
Technical, corporate and investor-related information can be found on the MPCO web
site, www.millenniumpolymers.com or on the Solplax web site at www.solplax.com.
Safe Harbor Statement: The statements in this press release regarding benefits of the
agreement, the benefits of the golf tees, future opportunities and any other effect of
marketing the tees, result or aspect of the results of the sales of these golf tees
and any other statements, which are not historical facts, are forward-looking
Such statements involve risks and uncertainties, including, but not limited to, costs
and difficulties related to the integration of technologies, costs, delays and any
other difficulties related to the agreement, actual benefits derived from the golf
tees, risks and effects of legal and administrative proceedings and governmental
regulation, future financial and operational results, competition, general economic
conditions and the ability to manage and continue growth.
Should one or more of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual outcomes may vary materially from those indicated.
We undertake no obligation to revise or update such statements to reflect current
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
Millennium Plastics Corp. is quoted on the OTC Bulletin Board as "MPCO.'
Copyright(c)2001 Millennium Plastics Corp. All Rights Reserved. Solplax is a trademark of Millennium Plastics Corp.
http://www.solplax.com
http://www.millenniumpolymers.com
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