Cereplast Granted Patent for High Heat Resistant Polymer Compositions Having Polylactic Acid (PLA)
EL SEGUNDO, Calif., July 25, 2012 (GLOBE NEWSWIRE) -- Cereplast, Inc . (Nasdaq:CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, today announced that the United States Patent and Trademark Office (USPTO) has granted the Company patent protection for high heat resistant polymer compositions having polylactic acid (PLA). USPTO-issued patent 8,222,320 expands Cereplast's (CERP) growing intellectual property portfolio and protects the composition formulation invented by Cereplast Chairman and CEO Mr. Frederic Scheer and Mr. William E. Kelly of the Cereplast R&D team.
PLA has limitations in terms of melt strength and heat resistance, which has restricted its use for high temperature applications. In contrast, Cereplast's high heat PLA compositions can be industrially compostable and can retain their structural properties at temperatures greater than 165 degrees Fahrenheit (74 degrees Celsius).
Scheer stated, "This new patent strengthens the Company's leadership position in the bioplastics industry by protecting our intellectual property, and is in line with our long-term growth strategy as we continue to create grades of bioplastic resin that meet the demands of the marketplace."
About Cereplast, Inc.
Cereplast, Inc. (Nasdaq:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables® resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables® resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc.
The Cereplast, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9567
CONTACT: Cereplast, Inc. Public Relations Nicole Cardi (310) 615-1900 x154 firstname.lastname@example.org Investor Relations: Alliance Advisors, LLC Alan Sheinwald 914-669-0222 email@example.com www.AllianceAdvisors.net
Source: Cereplast, Inc. 2012 GlobeNewswire, Inc.