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  GEOPACK COMPANY LIMITED
PROFILE (CONFIDENTIAL)

COMPANY NAME: GEOPACK-INDUSTRIAL INSTALLATIONS, MANUFACTURING & AGENCIES-TECHNICAL COMPANY LTD

TITLE: GEOPACK LTD. VAT REGISTRATION No. : EL 095428106

REGISTRATION No : 96998 CHAMBER OF COMMERCE & INDUSTRY, ATHENS
EXPORTER REGISTRATION No.: 29030

OFFICE ADDRESS & EXHIBITION AREA, ELECTRONIC LABORATORY (500m2)
L.EIRINIS 5 & PSARRON, AG.IOANNIS RENTIS, 182 33, TEL.:+30 210 34 18 300,
FAX.:+30 210 34 18 301
Email : csd@geopack.gr
http://www.geopack.gr

WAREHOUSE (100 m2):
62 KAPODISTRIOU STR., 183 44 MOSCHATO, ATHENS, GREECE

LABORATORY & MECHANICAL WORKSHOP (500 m2) :
HATZIANESTI & AG.LAVRAS 12, 182 33 AGIOS IOANNIS RENTIS, GREECE
PHONE : (30)-2104901523 FAX: (30)-2104901117
Email: csd@geopack.gr

GEOPACK NEW BUILDING
The above buildings are not property of GEOPACK LTD.
GEOPACK has bought a building 2500m2, at 5-7 Irinis Ave, Agios Ioannis Rentis in the Industrial Area of Athens where GEOPACK is planning to move all the existing activities.

CONTACT NAMES :
GEORGE ANAGNOSTAKOS - MANAGING DIRECTOR (OWNER)

COMPANY’S ACTIVITIES :
1. IMPORTS OF PACKAGING AND PROCESSING MACHINERY AND ELECTRONIC EQUIPMENT
2. SERVICE AND TECHNICAL SUPPORT FOR INSTALLED MACHINES
3. INDUSTRIAL AUTOMATIONS SOFTWARE & HARDWARE, & MANUFACTURING
4. CONVEYORS & MATERIAL HANDLING MANUFACTURING
5. IMPORTS OF MATERIALS FOR THE ABOVE PACKAGING MACHINES

MAIN BUSINESS FIELDS:
1. MARKING, CODING AND PACKAGING ELECTRONIC MACHINES
2. INDUSTRIAL AUTOMATIONS, HARDWARE, SOFTWARE
3. FOOD PROCESSING & PACKAGING MACHINES

TERRITORY COVERED: GREECE BY ATHENS OFFICE &
BY SERVICE ENGINEERS HOME BASED

PRODUCTS & BRANDS DISTRIBUTED:

- WILLETT INTERNATIONAL LTD, UK (UNTIL MARCH 2004)
INK JET PRINTERS, LASER CODERS, THERMAL TRANSFER PRINTERS

- LOMA SYSTEMS LTD, UK
METAL DETECTORS

- COMARME MARCHETTI F.A. SPA, ITALY
CARTON SEALING MACHINES WITH TAPE, CASE ERRECTING MACHINES
STRETCH FILM WRAPPING MACHINES

- CMC Srl, ITALY
HIGH SPEED WRAPPING MCS FOR MAGAZINES, NEWSPAPERS

- ITALDIBIPACK SPA ITALY
SHRINK WRAPPING MACHINES, SKIN, BLISTER PACKAGING

- MASTERFIL LTD, UK

LIQUID FILLING & CAPPING MACHINES

- MULTIVAC SEPP HAGGENMULLER GMBH - GERMANY
VACUUM MACHINES (THERMOFORMING, & CHAMBER TYPE)

- FOOD PROCESSING MACHINES
PASTEURISERS, FILTERS, HOMOGENISERS

- LABELLING MACHINES
VARIOUS SUPPLIERS

- LIQUID FILLING MACHINES
VARIOUS SUPPLIERS

- AND COOPERATION AT NON EXCLUSIVE BASIS WITH OTHER COMPANIES

PRODUCTS MANUFACTURED BY GEOPACK
LABELLING MACHINES, CONVEYORS,
CUSTOMISED PROJECTS & AUTOMATIONS,
SEMI-AUTOMATIC LIQUID FILLING MACHINES,
FLOW PACK MACHINES FEEDING SYSTEMS

MARKET SHARE:
30% FOR THE INK JET PRINTERS,
30% FOR THE CASE SEALING MACHINES
30% FOR SHRINK WRAPPING MACHINES
50% FOR LABELING MACHINES
90% FOR THERMOFORMING & VACUUM MACHINES

Turnoner: GEOPACK LTD SOLD BY GEOPACK -
DIRECT SALES IMPORTS BY THE FINAL USER

1990: 450.000
----
1991: 650.000
----
1992: 745.000
----
1993: 1.030.000
----
1994: 1.180.000
----
1995: 1.280.000
----
1996: 1.500.000
153.000 €
1997: 1.990.000
495.000€
1998: 2.430.000
1.153.000€
1999: 2.400.000 + (490.000 *)
745.000€
2000: 3.710.000 + (350.000 *)
1.307.000€
2001: 2.700.000 + (240.000 *)
835.000€
2002: 2.106.000 + (143.000 *)
608.000€
2003: 3.200.000 + (110.000 *)
1.430.000€
2004: 4.250.000 (53.000)*
810.000 €
2005: Until 30-07: 1.750.000 +(7.000)* 700.000€
unitl 30/07

2005: Estimation: 4.800.000
1.200.000 €

Amounts are in EURO.

* TURNOVER BY GEOPACK OE company-separate company dealing only with
consumables and spare parts.

AWARDS TO GEOPACK
1993 : WILLETT DISTRIBUTOR OF THE YEAR, AWARD

1997: PACKAGING EXHIBITION AWARD TO THE OLDEST, COMPANY WITH
CONTINUOUS PARTICIPATION IN THE FAIR WITH THE BIGGER STANDS
AND NEW PROJECTS & PRODUCTS

BANKS:
EFG - ERGOBANK - ERGASIAS
THESSALONIKIS 75, 183 45 MOSCHATO, ATHENS
TEL: (30)-210-4825689 FAX: (30)-210-4825637

NATIONAL BANK OF GREECE,
88 MAKRYGIANNI STR., 183 45 MOSCHATO, ATHENS
TEL: (30)-210-4822319

TOTAL EMPLOYEES: THIRTY TWO (32) PERSONS FULL TIME
(FOR ATHENS OFFICE), SIX (6) SERVICE ENGINEERS HOME BASED.

SERVICE ENGINEERS 10 ELECTRONICS ENG., 12 MECHANICAL ENG.
& TECHNICIANS
SALES ENGINEERS: 5 SALES ENG. & TELE MARKETING TEAM

EXPORTS: OCCASIONALLY IN CYPRUS, BULGARIA, SYRIA, JORDAN, HUNGARY, RUSSIA, SERVIA, ALBANIA, FYROM., ROMANIA.

MAIN CUSTOMERS: FOOD INDUSTRIES, DAIRIES, MEAT, FISH, WINERIES, PLASTIC INDUSTRIES CHEMICALS, COSMETICS, PHARMACEUTICAL INDUSTRIES, CONTRACT PACKERS, PRINTING INDUSTRIES etc.

REFERENCE LIST: MULTINATIONAL AND NATIONAL COMPANIES

GEOPACK AIMS FOR THE PERIOD 2004 - 2006

1. Development and increasement of our market shares for the different products we
handle, and penetration to new market fields.

2. Development of the technical support and services provided to our customers.

3. Renovation of the new offices and manufacturing area in the building GEOPACK has
bought.

4. ISO 9000/14000 accreditation.

5. Purchasing and investments for new equipment CNC lathe - milling and other metal
processing machinery, for our workshop and manufacturing center.
Upgrade of our CAD-CAM system.

6. Organization of Geopack web site in Internet, e-commerce.

7. Formation and opening of two branches - offices in Kreta island and in Larisa (Central Greece), for sales and technical support.

For GEOPACK LTD

George Anagnostakos
Managing Director