PAKIT News

PAKIT Inc. Completes Historic First Sale of Industry-Changing Sustainable Packaging Machines

Clean, disruptive technology company set to dominate worldwide move to alternative packaging

PAKIT Inc. Formalizes Manufacturing Agreement with ATS

Transformative technology promises sustainable packaging solutions for the world

VANCOUVER, CANADA, June 7, 2010 – PAKIT Inc., a leading clean technology company that has developed and patented a transformational, industry-changing technology, is a step closer to full-scale production of its PAKIT100™ fibre moulding machines, thanks to a strategic alliance with Ontario-based ATS Automation Tooling Systems Inc.

PAKIT Inc. Announces $5 Million Financing by Fairfax

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 30, 2009) - PAKIT Inc., a leading clean technology company that has developed a patented, industry-changing disruptive technology, today announced it has completed a $5 million financing with Fairfax Financial Holdings Limited (TSX:FFH)(NYSE:FFH).

The $5 million investment will enable PAKIT to expand its production capacity to meet equipment orders in the pipeline.

PAKIT takes on plastic packaging

10/10/2008 — For Immediate Release — PAKIT Inc.™

Seattle is aware the PAKIT100 produces end products that are viable replacements to non-degradable petroleum based packaging.

Web Site Re-Launched: Bold Innovations in the Development of Sustainable Packaging Equipment

01/03/2007 — For Immediate Release — PAKIT Inc.™

PAKIT Inc., a leading designer, developer, manufacturer and supplier of sustainable cellulose fibre moulding equipment, launched its newly-designed web site, located at http://www.pakitinc.com. The web site features information on PAKIT’s technology, services, and products; sustainability; the company and its management.

PAKIT Inc Appoints Chief Technical Officer

Vancouver, Canada – November 30th, 2006

PAKIT Inc announced today the appointment of Dr. Björn Nilsson as Chief Technical Officer. Dr. Nilsson is a respected scientist in the field of cellulose fibres, fibre networking and fibre forming technology.

"Björn has a depth of technical understanding of new technologies that aligns perfectly with our strategic vision." said President and CEO Brian Birmingham. "He has a proven record of process and product development with strong knowledge in revolutionary fibre moulding technologies.”

PAKIT™ Selected to present at Sustainable Packaging Forum

Vancouver, Canada – August 23rd, 2006

PAKIT Inc., developer of fibre based packaging equipment technology announced today that Martin Aleksis, Vice President – Marketing and Sales has been selected to speak at The Sustainable Packaging Forum, September 26th - 28th, 2006 in St. Paul, Minnesota, USA.

PAKIT™ Unveils New Generation of Sustainable Packaging Machinery

Vancouver, BC, Canada – February 20th 2006

PAKIT™ Inc., a Canadian/Swedish developer and manufacturer of machinery and tooling for the production of sustainable fibre based moulded board packaging products, will unveil its new generation PAKIT™100 manufacturing system at PAKIT’s™ European office in Norrköping, Sweden on March 20th, 2006.

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