Timestrip confirms Cargo Cosmetics as client
February 05 2009 - 2:00AM
RNS Non-Regulatory
TIDMTIME
Timestrip PLC
05 February 2009
5 February 2009
TIME.L
Timestrip plc
("Timestrip")
Timestrip confirms Cargo Cosmetics as client
Timestrip announced in November 2008 that it had received an initial order to
integrate its patented Timestrip technology into the packaging of a branded
cosmetics product to be launched in 2009 throughout the US and at selected
retail outlets in Europe.
We are delighted to confirm that the client is Cargo Cosmetics.
Initial shipments of the order from Cargo Cosmetics have been delivered
successfully and the product, Cargo Blu-Ray Lip Gloss, will be launched during
Q1 2009 with the leading cosmetics retailer, Sephora. The Timestrip is fully
embedded in the cap of the lip-gloss and monitors a period of 9 months from the
time of first use. Pictures of the product are available from the Company
website, www.timestrip.com and from http://www.sephora.com
The Company is also pleased to confirm that it has received significant interest
from a wide range of cosmetics companies interested in communicating the storage
and usage instructions for their product using the patented Timestrip
technology.
Reuben Isbitsky, Joint Chief Executive, Timestrip Plc, said: "We are delighted
to have worked with Cargo to make sure that they are first to market with our
unique technology. Our combined efforts have resulted in a new product
innovation for the cosmetics industry that is not only functional but also meets
the demanding aesthetic requirements in this sector."
For more information, please contact:
Reuben Isbitsky, Joint CEO, Timestrip plc 01462 440 700
Marc Young, FinnCap, NOMAD 020 7600 1658
This information is provided by RNS
The company news service from the London Stock Exchange
END
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