PaperWorks announces the opening of the new Packaging Development PacDev Design Innovation Centre Located onsite at the PaperWorks Kitchener Ontario facility the new workspace combines topnotch design and worldclass 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 problemsolving said Peter Jesus Vice President of Packaging Development amp Support Services for PaperWorks pblockquotep idpullquotepblockquote p 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 p ul li classbwlistitemmargb An environment which supports both the creative and technical process li li classbwlistitemmargb A talented team of awardwinning design and technical professionals li li classbwlistitemmargb A customer collaboration center with full support of virtual teams li li classbwlistitemmargb A dedicated space Integrated with Prepress Color Management and Quality Lab li li classbwlistitemmargb A resource library with the latest samples of materials finishes and packaging formats li li classbwlistitemmargb The most advanced development software platform and tools li li classbwlistitemmargb Physical prototyping and interactive virtual retail environment simulation li ul p 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 p p bCautionary Statement Regarding ForwardLooking Statementsb p p This press release contains forwardlooking 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 Forwardlooking statements represent managements 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 forwardlooking statements Such forwardlooking 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 Companys 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 Companys most recent periodic reports provided to Noteholders p p Accordingly readers should not place undue reliance on forwardlooking statements The Company does not intend to publicly update any forwardlooking statements whether as a result of new information future events or otherwise except as may be required under applicable securities laws p p bAbout PaperWorksb p p PaperWorks is a leading integrated North American fullservice 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 stateofthe art extended color gamut printing capability which creates shelfdifferentiating graphics p p PaperWorks has invested in stateoftheart 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 a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwpaperworksindustriescomampesheet51984573ampnewsitemid20190514005877amplanenUSampanchorwwwpaperworksindustriescomampindex1ampmd5570c902d0c56ddbeaa99929eb5e4f971 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