OUTL Outlook (MM)

Outlook Group Corp. (Nasdaq:OUTL) today announced a new contract to provide paperboard packaging for Spartan Medical Products, LLC, of Rye, NY. Outlook Group will produce the folding cartons for an innovative new first aid wound care product produced by Spartan and recently launched by a large international consumer products company. The product will be introduced in Europe and will be released internationally over the next 12 months. "Outlook Group is printing eye-appealing multi-color embossed boxes with distinctive graphics to visually communicate the benefits of the new first aid product. While the contract will begin with a two-year commitment, we anticipate that this will be the beginning of an extended relationship between Outlook Group and Spartan Medical Products," said Joseph J. Baksha, president and chief executive officer of Outlook Group. The value of the contract was not disclosed. Robert Zimmerman, chief executive officer of Spartan Medical Products said, "We were looking for a supply chain partner that has a full-service facility. Outlook Group not only has the capabilities, but I know from past experience that Outlook Group's efficient and consistent performance will meet our expectations. With the visually strong packaging provided by Outlook Group, we believe this exciting new first aid product will stand out on the shelf and will be easily identified by consumers." Outlook Group Corp. is a printing, packaging and direct marketing company offering a variety of related services to clients in markets including contract packaging, collateral information management and distribution, direct marketing components and services, packaging components and materials and specialty print related services. The company leverages its core competencies by cross-selling services to provide a single-source solution for its clients. Spartan Medical Products, LLC, produces bio-surgical medical devices for the professional hospital and over-the-counter personal health care markets. The company is headquartered in Rye, NY. The discussions of potential future occurrences and operations, and other statements in the future tense or using terms such as "believe," "expect," or "anticipate," in this press release are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties which could cause actual results to differ materially from those anticipated. As with any contract, the sales and extent of the relationship under the contract will depend significantly on Outlook's performance, market acceptance of Spartan's product and other factors. Outlook's periodic filings with the Securities and Exchange Commission discuss a number of other factors which may affect Outlook's future operations, including: possible changes in customer relationships; financing needs to support our relationships; possible termination of contracts, including long-term contracts; the need to complete the transitions to the new customer contracts, and the need to achieve and maintain satisfactory performance thereunder; potential inability to achieve expected cost savings or delays in their achievement; changes in project mix and timing; the effects of industry competition, overcapacity and acquisition activity; slowdowns in general market and economic conditions, and changes in other world and national conditions; and the possible need for future capital investments or equipment enhancements, and related financing. Readers are urged to consider these factors carefully in evaluating the forward-looking statements.