Packaging

Intertape Polymer Acquires Exclusive Rights to Automated Wrapping System

Thursday 04. September 2008 - System will bring automation to many industries

Intertape Polymer Group Inc. (TSX:ITP) (NYSE:ITP) (“Intertape” or the “Company”) today announced that it has reached an agreement with Pelliko Inc., a marketer of specialized packaging equipment, to acquire the exclusive North American rights for Pelliko’s patented automatic wrapping system. Intertape will leverage its strong market position in the building materials industry to offer this sector and many other manufacturing segments a fully-automated wrapping solution.

The system is designed to automate the process of wrapping packages of up to 60 feet in length in less than one minute. This technology targets industries such as wood products, which are traditionally wrapped manually due to the unique and varied size requirements.

“We view this as a perfect complement to our existing products and services. This initiative is consistent with Intertape’s commitment to lead our markets with creative innovation,” stated Bill Barnes, Executive Vice President, Sales & Marketing, of Intertape’s Engineered Coated Products Division. “We have a leading position in the lumber industry with our various products. This proprietary system will allow us to build on our customer relationships by broadening our offering and assuring we are bringing the market’s best packaging alternatives to the table. This system will offer substantial savings to many industries and we are excited by our potential to expand our presence in these markets.”