2008-07-09 15:05:08 -
- Investor Relations: Lippert/Heilshorn & Assoc. Elric Martinez, 212-838-3777 emartinez@lhai.com or Media: Allison & Partners perfgogreen@allisonpr.com Perf Go Green Holdings, Inc. ("Perf Go Green") (OTCBB: PGOG, www.perfgogreen.com), a marketer and distributor of biodegradable plastics, announced today that the company's new 13 gallon tall kitchen trash bags will be included in energy conservation kits for low-income families
provided by the Community Economic Development Association of Cook County, Inc. (CEDA). CEDA is the nation's largest community action agency and the second largest not-for-profit organization in Cook County. This is the first non-profit partnership for Perf Go Green.
CEDA distributes over 10,000 kits per year to low-income families in Cook County, IL. in an effort to educate residents on energy conservation, energy bill cost reduction and home weatherization techniques.
"We could not be prouder to have our product used by such a worthwhile organization," said Chief Marketing Officer, Linda Daniels. "Ultimately, it comes down to education and more environmentally conscious decisions, and that's where Perf Go Green and CEDA have similar missions."
"Perf Go Green's products complement the other educational and environmentally conscious items in our kit, so this was a natural fit," added Robert Wharton, President/CEO, CEDA. "We consider our energy department a leader in the field and we are thrilled to be at the forefront of offering more families in Cook County access to smarter products and services that reduce our environmental footprint."
Perf Go Green products are made of recycled plastics that are combined with an Oxo-Biodegradable proprietary application method to produce the film for the bags. When discarded in soil and exposed to the presence of microorganisms, moisture and oxygen, Perf Go Green products biodegrade, decomposing into simple materials found in nature much faster than regular plastics, which can take hundreds of years to break down. Through this process and the use of recycled plastics, the company effectively removes plastic waste from the environment. In addition, Perf Go Green bags utilize a unique patented dispensing system that stores the bags on the bottom of trashcans and dispenses them one at a time.
Founded in November 2007, Perf Go Green premiered at the March 2008 International Home and Housewares Show in Chicago, where its products received an honor for their design quality and innovation. In addition to offering its products online, Perf Go Green is rolling out its first items in nationwide chain stores later this year.
CEDA is a private not-for-profit Community Action Agency working in partnership with Cook County communities to empower families and individuals to achieve self-sufficiency and improve their quality of life. Visit www.cedaorg.net for more information.
About Perf Go Green
Perf Go Green, Holdings Inc. (OTCBB: PGOG), www.perfgogreen.com, is a New York-based biodegradable plastics company. The corporate name reflects the "Go Green" mission from inception to create a Green company for the development of eco-friendly, non-toxic, food contact compliant, biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Company Initiates First Non-Profit Partnership with CEDA
