PEAK Peak Resorts Com (MM)

Joins IDEMA industry trade organization HONG KONG, Sept. 14 /PRNewswire-FirstCall/ -- Peak International, Limited (NASDAQ:PEAK), a market leader in plastics design, engineering, production and supply chain solutions, today announced it has expanded its leading product suite available to disk drive component manufacturers worldwide. In addition to the new products, the company also formally joined IDEMA, the international disk drive equipment and materials organization. "Peak has been serving the disk drive industry for more than eight years and we've worked hard to supply some of the largest disk drive manufacturers in the world with our core products," said Dean Personne, Peak's president and chief executive officer. "As a direct result of customer requests, we've expanded our product line and are stepping up to take a more active role in the industry." Peak's full product line now includes multi-dimension disk shipping caddies, in-process caddies, voice coil motor trays, spacer combs, air filter trays, head stack assembly trays as well as TSA and CIS suspension trays. The company's professional services group also has the ability to custom build virtually any plastic tray or caddie required by a customer. Each new product will continue to flow through Peak's industry leading manufacturing and quality assurance process. "We've never been more committed to the disk industry," said Jim Steger, Peak's vice president for the company's disk drive division. "We're focused on quality, we've invested in clean room manufacturing operations and we're committed to leveraging our global JIT footprint to meet the delivery requirements of every one of our clients." With offices in Hong Kong, manufacturing facilities in Shenzhen (PRC), and distribution centers worldwide, Peak offers products and manufacturing capabilities already used by some of the world's largest companies for high- speed, automated manufacturing processes that require dimensional stability and precision tolerances. Peak has substantial manufacturing capacity, tooling and design expertise, and a worldwide footprint to support even the toughest JIT requirements. The company currently offers disk drive, semiconductor, consumer and medical products to some of the world's largest companies. About Peak International Limited Peak International Limited (http://www.peakinternational.com/) is a leading supplier of precision-engineered packaging products for storage, transportation and automated handling of disk drive components, semiconductor devices as well as precision medical products. There are approximately 1,600 people who for Peak worldwide and its headquarters are in Honk Kong with major manufacturing operations in Shenzhen, the PRC, which is operated pursuant to a processing agreement with an unaffiliated party. Peak operates warehouses throughout the world and offers JIT services to some of the world's largest disk drive and other companies. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements related to the Company's ability to continue serving disk drive customers and to expand product offerings to the disk drive industry. These and other forward-looking statements are not guarantees of future results and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include but are not limited to: price of raw materials, factors relating to conditions in semiconductor, disk drive and electronic industries, the amounts the Company may have to pay for workers at the PRC factory operated by a third party, difficulties related to working in the PRC, including regional government and processing partner relations, the market acceptance of its products, the introduction of new products by the Company's competitors, any future economic downturn, and other matters that could cause actual results to differ materially from the projections made herein. Additional risks are detailed in the Company's filings with the Securities and Exchange Commission, including the Company's Quarterly Reports on Form 10-Q and Annual Report on Form 10-K filed on June 29, 2007. Statements included in this press release are based on information known to the Company as of the date of this release, and the Company assumes no obligation to update or revise any forward-looking statements or to update the reasons why actual results could differ from those projected in any forward- looking statement in this release. Contacts: John Supan Lytham Partners, LLC Chief Financial Officer Joe Diaz Peak International Limited, Hong Kong Joe Dorame +852-3193-6000 Robert Blum (602) 889-9700 DATASOURCE: Peak International, Limited CONTACT: John Supan, Chief Financial Officer of Peak International Limited, Hong Kong, +852-3193-6000; or Joe Diaz, Joe Dorame, or Robert Blum, all of Lytham Partners, LLC, +1-602-889-9700, for Peak International, Limited Web site: http://www.lythampartners.com/

Copyright