MOD-PAC CORP. (NASDAQ: MPAC) a commercial on demand printer and manufacturer of custom paperboard packaging, announced today that it has signed an agreement with American Solutions for Business to join its Preferred Vendor Network. As a member of this network, MOD-PAC's products and services are available to over 500 American Sales Associates located across the U.S. and Canada. American Solutions for Business is a premier provider of commercial printing, forms, labels and envelopes as well as promotional products, packaging and office supplies. They were ranked in the June 2006 issue of Print Solutions Magazine, an industry publication, as the third largest print distributor with 2005 sales approaching $240 million. As reported by the magazine, the Top 10 distributors generated over $2.2 billion in sales in 2005. As an employee owned company, American Solutions for Business provides its customers with high-quality, innovative products and services at competitive prices through leading edge e-commerce capabilities and their world-class sales team. Daniel G. Keane, President and CEO of MOD-PAC, comments, "The agreement we signed with American Solutions for Business represents the building momentum in our efforts to target the print distribution industry as an additional market channel for our commercial product line. We have developed a business model to service and support the potential for large volumes of orders through print distributor networks, including the development of private labeled web stores. Web to print stores are the front-end vehicles for capturing and managing the large flow of orders into our efficient print facility." Mr. Keane added, "American Solutions for Business has a strong reputation for providing its customers with superior products and services, and we believe our print capabilities and high standards of excellence are a good fit. We will be aggressively marketing to their sales associates for the second half of this year to build awareness of MOD-PAC's offering, which kicked off with our attendance at American's annual sales conference last month." ABOUT MOD-PAC CORP. MOD-PAC CORP. is a high value-added, on demand print services firm operating a unique low-cost business model. MOD-PAC leverages its capabilities to innovate and aggressively integrate technology into its marketing, order in-take and production operations to provide economically-priced, short run, on demand full-color commercial and folding carton print products and services. MOD-PAC, through its large, centralized "SuperPrint" facility, has captured significant economies of scale by channeling large numbers of small-to-medium-sized print orders through its operations. MOD-PAC's key differentiator is its success at being a just-in-time producer of short-run, quality on demand print products. Through its lean manufacturing processes coupled with state-of-the-art printing technologies, MOD-PAC is able to address short-run, highly variable content needs of its customers with short turn around times relative to industry standards. MOD-PAC's strategy is to expand its market share by leveraging its capabilities and flexibility to meet the growing customized needs of its customers. Additional information on MOD-PAC can be found at its website: http://www.modpac.com ABOUT AMERICAN SOLUTIONS FOR BUSINESS American Solutions for Business is the industry-leading distributor of printing, promotions and enterprise-wide document management solutions. The company's annual sales total over $223 million. Sales and distribution occur in 50 states, Canada and Puerto Rico. Additional information on American Solutions for Business can be found at: www.americanbus.com. Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. One can identify these forward-looking statements by the use of the words such as "expect," "anticipate," "plan," "may," "will," "estimate" or other similar expressions. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors, which could cause actual results to differ materially, include market events, competitive pressures, changes in technology, customers preferences and choices, success at entering new markets, the execution of its strategy, marketing and sales plans, and other factors which are described in MOD-PAC's annual report on Form 10K on file with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking information in this press release whether to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial conditions or prospects, or otherwise.
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