﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>Silicon Investor - Cereplast Inc.</title><copyright>Copyright © 2026 Knight Sac Media.  All rights reserved.</copyright><link>https://www.siliconinvestor.com/subject.aspx?subjectid=57931</link><description>Cereplast Inc. 3421-3433 West El Segundo Boulevard Hawthorne, CA 90250 United States - Map Phone: 310-676-5000 Fax: 310-676-5003 Web Site: cereplast.com  Cereplast, Inc. develops and commercializes bio-based resins in the United States. Its product includes Cereplast Compostables resins, which is substitutes for petroleum-based plastics targeting primarily single-use disposables and packaging applications. The company also offers Cereplast Hybrid Resins that replace up to 50% of the petroleum content in conventional plastics with bio-based materials, such as industrial starches sourced from plants for use in a range of markets, including automotive, consumer goods, consumer electronics, medical, packaging, and construction. Its resins are also used in various conventional converting processes, including injection molding, thermoforming, blow film, blow molding, and extrusion. The company was formerly known as Biocorp North America Inc. and changed its name to Cereplast, Inc. in March 2005. Cereplast, Inc. was incorporated in 2001 and is based in Hawthorne, California.</description><image><url>https://www.siliconinvestor.com/images/Logo380x132.png</url><title>SI - Cereplast Inc.                                              </title><link>https://www.siliconinvestor.com/subject.aspx?subjectid=57931</link><width>380</width><height>132</height></image><ttl>10</ttl><item><title>[Savant] Securities Registration (section 12(g)) (10-12g) (advfn.com)</title><author>Savant</author><description /><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=33234712</link><pubDate>3/9/2021 3:11:35 PM</pubDate></item><item><title>[Savant] Chapter 11 filing  archive.fast-edgar.com</title><author>Savant</author><description /><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=29394547</link><pubDate>2/18/2014 12:59:01 PM</pubDate></item><item><title>[Savant] Say Whaa?  Rev Split...oh, joy</title><author>Savant</author><description /><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=29381164</link><pubDate>2/10/2014 9:22:33 PM</pubDate></item><item><title>[Savant] CERP 8-K:   Item 1.02 Termination of a Material Definitive Agreement.   As descr...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;CERP 8-K: &lt;br&gt; Item 1.02 Termination of a Material Definitive Agreement. &lt;br&gt; As described in a prior Form 8-K, on August 24, 2012 Cereplast, Inc. (the “Company”) entered into a &lt;a href='nfvda/boards/read_msg.aspx?message_id=96175941#'&gt;&lt;span style='color: blue;'&gt;&lt;span style='color: #b00000;'&gt;Stock &lt;/span&gt;&lt;span style='color: #b00000;'&gt;Purchase&lt;/span&gt;&lt;/span&gt;&lt;/a&gt; Agreement (“Agreement”) with Ironridge Technology Co., a division of Ironridge Global IV, Ltd. (“Ironridge”), for the sale of up to $5,000,000 shares of convertible redeemable Series A &lt;a href='nfvda/boards/read_msg.aspx?message_id=96175941#'&gt;&lt;span style='color: blue;'&gt;&lt;span style='color: #b00000;'&gt;Preferred &lt;/span&gt;&lt;span style='color: #b00000;'&gt;Stock&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;. The Agreement prohibited Ironridge from engaging in various activities that could be harmful to the Company. &lt;br&gt;&lt;br&gt; On January 20, 2014, the Company notified Ironridge that Ironridge is in material breach of the Agreement and therefore, effectively immediately, the Company is terminating the Agreement. To date, Ironridge has purchased only $ 2,970,000 of the Series A Preferred &lt;a href='nfvda/boards/read_msg.aspx?message_id=96175941#'&gt;&lt;span style='color: blue;'&gt;&lt;span style='color: #b00000;'&gt;Stock&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;. The Company is currently exploring additional financing options as a replacement. &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=29344338</link><pubDate>1/21/2014 11:24:25 PM</pubDate></item><item><title>[Savant] Cereplast Provides an Update on the Magna Litigation   Seymour, Indiana, Dec. 12...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Provides an Update on the Magna Litigation   Seymour, Indiana, Dec. 12, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc. (OTCQB: CERP), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, today is providing an update on the litigation against the Magna Group. &lt;br&gt;&lt;br&gt;  On May 8, 2013, the Company filed in the Southern District of New York a lawsuit against Magna Group LLC and Hanover Holdings LLC for breach of contract, breach of the covenant of good faith and fair dealing. The Action is seeking compensatory damages in an unspecified amount, plaintiff&amp;#39;s costs and attorneys&amp;#39; fees, and unspecified equitable or injunctive relief. &lt;br&gt;&lt;br&gt;  Magna Group LLC and Hanover Holdings LLC filed a request for relief and preliminary injunction against Cereplast on August 23. On December 11 the United States District Court - Southern District of New York denied the motion for a preliminary request injunction. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;  Cereplast, Inc. (OTCQB:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com. You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;&lt;pre&gt;CONTACT: Cereplast, Inc.           Public Relations           Nicole Robertson           (812) 220 5400           nrobertson@cereplast.com             Investor Relations:           Alliance Advisors, LLC           Alan Sheinwald           914-669-0222           asheinwald@allianceadvisors.net           www.AllianceAdvisors.net  &lt;/pre&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=29285280</link><pubDate>12/16/2013 10:10:05 PM</pubDate></item><item><title>[Savant] Seeking alpha has the CC transcript out...however, it will break your eyes tryin...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Seeking alpha has the CC transcript out...however, it will break your eyes trying to read it....&lt;br&gt;It seems it is replete with errors, also.&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=29230466</link><pubDate>11/14/2013 10:03:51 PM</pubDate></item><item><title>[Savant] Cereplast Provides Shareholder Update on Market Development in North America    ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;&lt;b&gt;Cereplast Provides Shareholder Update on Market Development in North America &lt;/b&gt; &lt;br&gt;&lt;br&gt; Oct 22, 2013 08:02:30 (ET)&lt;br&gt;&lt;br&gt;Seymour, Indiana, Oct 22, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today is providing a shareholder update on the market development in North America. The Company is focused on driving North America sales and expanding its intellectual property portfolio to address the demands for technologically advanced bioplastic resins while securing the Company&amp;#39;s competitive advantage. Key market segments include compostable bioplastics and biobased bioplastics. &lt;br&gt;&lt;br&gt;There are approximately 30 projects underway in North America with a potential volume of $10 million annually. Consumer products include a line of baby bicycle seats manufactured by MammaCangura by Bellelli, which are made from Cereplast Biopropylene(R) 101, a biobased bioplastic. In addition, the Company is targeting regions in North America that have banned conventional plastics for single-use disposable items such as bags, carry-out containers and straws. Cereplast provides compostable bioplastic resin alternatives for these types of applications, and sees significant market potential. &lt;br&gt;&lt;br&gt;The Cereplast intellectual property portfolio currently consists of more than 20 patents and patent applications in the USA and worldwide, giving the Company a competitive advantage today and well into the future. Recent developments by the Cereplast research and development team include the commercialization of Bio-polyolefins A645D, the first thermoplastic elastomer (TPE) and 45% algae biomass compound for sheet extrusion and thermoforming. This soft, pliable TPE compound boasts good ductility and low modulus for applications such as liners, outdoor flooring and roofing tar additives. &lt;br&gt;&lt;br&gt;Mr. Frederic Scheer, Chairman and CEO of Cereplast stated, "We continue to push the boundaries of what is possible with bioplastic technology by introducing the first algae biomass-filled TPE resin, Bio-polyolefins A645D. We are committed to being on the forefront of algae bioplastics development, as we see tremendous demand and opportunity for this type of resin. As we expand our intellectual property portfolio, we provide our customers with an array of technologically advanced bioplastic resins, which gives us an edge in meeting market demands. This approach is key to fostering sales and growth in North America, a region that continues to be a focus for the Company. We see tremendous opportunity in North America and are committed to further developing sales on the continent." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at                    &lt;a href='http://www.cereplast.com/' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;www.cereplast.com&lt;/span&gt;&lt;/u&gt;&lt;/a&gt;                . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;&lt;pre&gt;CONTACT: Contact:          Cereplast, Inc.          Public Relations          Nicole Robertson          812.220.5400 X1013          nrobertson@cereplast.com           Investor Relations:          Alliance Advisors, LLC          Valter Pinto          914-669-0222 x201          valter@allianceadvisors.net &lt;/pre&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=29183307</link><pubDate>10/22/2013 9:26:27 AM</pubDate></item><item><title>[Savant] Cereplast Advances Algae Bioplastics Development Process, Achieving Increased Su...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;&lt;b&gt;Cereplast Advances Algae Bioplastics Development Process, Achieving Increased Sustainability and Lower Costs &lt;/b&gt; &lt;br&gt;&lt;br&gt; Sep 17, 2013 08:00:44 (ET)&lt;br&gt;&lt;br&gt;Seymour, Indiana, Sep 17, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, is advancing in the research and development stage in preparation to bring to the market a more sustainable and cost efficient process for the development of algae bioplastic resins.  By using an algae biomass selection process in which food-based materials are not fed to the algae for growth, the food chain is not impacted, increasing sustainability.  The material is also expected to lower costs in algae bioplastics development by deploying post-industrial processes, enabling the re-use of materials. &lt;br&gt;&lt;br&gt;Algaeplast, a wholly owned subsidiary of Cereplast, develops algae-based bioplastics, leveraging post-industrial processes such as nutrient recovery from effluent waste streams and from carbon dioxide sequestration systems.  As the algae biomass derived from these processes have already served a primary purpose, the secondary use of the material results in cost savings and increased efficiency due to material re-usage. In addition, Algaeplast does not use algae fed with food-based materials for growth.   Algaeplast is the only company utilizing this criterion for the production of algae bioplastics. &lt;br&gt;&lt;br&gt;"In a world in which the population is growing at a fast pace and demand for food and feedstock are on the rise, the use of feedstock for non-food purposes is often debated," said Frederic Scheer, Chairman and CEO of Cereplast. "A typical biofuel company will use a fermentation process that grows algae fast and with a high lipid content, but uses sugar as the carbon source. Cereplast&amp;#39;s future family of bioplastics will leverage an algae source rich in ingredients suitable for plastic development, but also has no effect on the food chain, resulting in a sustainable and population conscious plastic alternative." &lt;br&gt;&lt;br&gt;Algaeplast has four demonstration grades of algae in polypropylene with an algae biomass content from 15% to 51%.  A newly commercialized grade includes algae in a thermoplastic elastomer (TPE).  These grades show the ability for Algaeplast to formulate with algae biomass in TPE, polypropylene (PP), Polyethylene (PE), Ethylene Acrylate (EA), and other polymers.  The ability to make algae biomass compatible in polymers has been practiced by Cereplast for several years. &lt;br&gt;&lt;br&gt;Scheer added, "Cereplast is committed to being at the forefront of algae bioplastics development as we see tremendous demand and opportunity for this type of resin." &lt;br&gt;&lt;br&gt;Algaeplast has several development programs in process for customer specific applications.  The materials Algaeplast is working on are expected to become available in the second half of 2016. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at                    &lt;a href='http://www.cereplast.com/' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;www.cereplast.com&lt;/span&gt;&lt;/u&gt;&lt;/a&gt;                . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;&lt;pre&gt;CONTACT: Contact:          Cereplast, Inc.          Public Relations          Nicole Robertson          812.220.5400 X1013          nrobertson@cereplast.com            Investor Relations:          Alliance Advisors, LLC          Valter Pinto          914-669-0222 x201          valter@allianceadvisors.net &lt;/pre&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=29117098</link><pubDate>9/17/2013 2:39:18 PM</pubDate></item><item><title>[Savant]  Cereplast            Provides Shareholders with an Outlook for the Second Half ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;&lt;table&gt;       &lt;tr&gt;         &lt;td align="left" span="2"&gt;           &lt;span style='color: #000000;'&gt;&lt;b&gt;Cereplast            Provides Shareholders with an Outlook for the Second Half of 2013&lt;/b&gt;&lt;/span&gt;         &lt;/td&gt;       &lt;/tr&gt;     &lt;/table&gt;            &lt;span style='color: #000000;'&gt;Cereplast        Provides Shareholders with an Outlook for the Second Half of 2013&lt;br&gt;&lt;br&gt;Seymour,        Indiana, Aug. 7, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc. (OTCQB: CERP)        (the "Company"), a leading manufacturer of proprietary biobased,        compostable and sustainable bioplastics, today is providing shareholders        with an outlook for the second half of 2013. The Company expects to        report similar growth for the second half of 2013 as compared to the        first half with strong growth being driven by the finalization of        legislation in Italy for plastic bags.&lt;br&gt;&lt;br&gt;Revenue is anticipated to        increase nearly 800% year-over-year during the first half of 2013 to        approximately $1.7 million. The company anticipates comparable growth to        occur during the remainder of the year, particularly during the fourth        quarter and beyond.&lt;br&gt;&lt;br&gt;Revenue growth is driven by sales in Europe,        specifically in Italy as mentioned above. Growth in Italy is largely        attributed to the provisions of the pending legislation to impose severe        financial penalties on merchants who do not replace conventional        single-use plastic shopping bags with bioplastic alternatives. Cereplast        is currently working with over 70 Italian companies. The total        addressable market for Cereplast in Italy is approximately $50 million        annually. In North America and India, the Company continues to receive        orders and believes that the annual volume potential for both markets is        substantial.&lt;br&gt;&lt;br&gt;Cereplast Chairman and CEO Mr. Frederic Scheer        commented, "Cereplast is competitively positioned with proprietary,        technologically advanced resins and a strong intellectual property        portfolio. We are poised to capture the growing demand for our resins        globally with a short-term focus on Italy, and with long-term        aspirations in the broader EU marketplace, Asia and North America. We        are fully prepared to meet the demand for this growth with ample        production capacity and a strong management team."&lt;br&gt;&lt;br&gt;About        Cereplast, Inc.&lt;br&gt;&lt;br&gt;Cereplast, Inc. (OTCQB:CERP) designs and        manufactures proprietary biobased, sustainable bioplastics which are        used as substitutes for traditional plastics in all major converting        processes - such as injection molding, thermoforming, blow molding and        extrusions - at a pricing structure that is competitive with traditional        plastics. On the cutting-edge of biobased plastic material development,        Cereplast now offers resins to meet a variety of customer demands.        Cereplast Compostables(R) resins are ideally suited for single-use        applications where high biobased content and compostability are        advantageous, especially in the food service industry. Cereplast        Sustainables(R) resins combine high biobased content with the durability        and endurance of traditional plastic, making them ideal for applications        in industries such as automotive, consumer electronics and packaging.        Learn more at www.cereplast.com. You may also visit the Cereplast social        networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and        Youtube.com/Cereplastinc.&lt;/span&gt;     &lt;br&gt;===========&lt;br&gt;July 30th.&lt;br&gt;     &lt;br&gt;&lt;br&gt;       &lt;span style='color: #000000;'&gt;Cereplast        Provides an Overview of the First Half of 2013 and an Outlook for the        Remainder of the Year&lt;br&gt;&lt;br&gt;SEYMOUR, Ind., July 30, 2013 (GLOBE        NEWSWIRE) -- Cereplast, Inc. (OTCQB:CERP) (the "Company"), a leading        manufacturer of proprietary biobased, compostable and sustainable        bioplastics, today is providing a shareholder update including an        overview of the first half of 2013 and an outlook for the remainder of        the year. The Company has made great strides over the past seven months        and anticipates continued growth and success during the rest of 2013.&lt;br&gt;&lt;br&gt;Compared        to 2012, revenue for the first 6 months of 2013 experienced major        growth, with the expected number to top approximately $1.7MM compared to        about $0.2MM in 2012, reflecting a nearly 800% increase. This growth was        fueled by the passing of Italian legislation that will require merchants        to replace traditional single-use plastic bags with bioplastic and other        alternatives. Severe sanctions will be imposed upon merchants that do        not comply. Although this legislation is pending enforcement, management        expects it to go into full effect in the fall of 2013. Upon enforcement,        the Company believes that there will be a substantial increase in demand        for its bioplastic resins. For the past 18 months, the Company has        nurtured a group of over 70 Italian companies that have completed        multiple successful tests with various grades of Cereplast        Compostables(R) blown film resins. The Company estimates that the        potential addressable market for their blown film resins in Italy is        approximately $50 million per year. The Company has ample production        capacity to serve such a demand.&lt;br&gt;&lt;br&gt;Cereplast&amp;#39;s office in Hyderabad,        India has been actively educating local converters and introducing        Cereplast resins. The demand is starting to accumulate, and several        agreements are currently underway. India is one of the largest consumers        of plastic polymers in the world, and the potential volume for        bioplastic sales in the country is quite significant as they adopt        bioplastic alternatives to conventional plastics, India is also very        sensitive to the environment and has experienced firsthand the        calamities created by excess industrialization and carbon dioxide        emissions.&lt;br&gt;&lt;br&gt;In the United States, the Company is working on over        ten new projects both for Cereplast Compostables(R) resins and Cereplast        Sustainables(R) resins. The steady increase in oil pricing is fueling a        renewed interest in Cereplast resins and with two new business        development managers dedicated to the domestic market, Management is        confident to see measurable results before the end of Q3.&lt;br&gt;&lt;br&gt;The        Cereplast Research and Development department commercialized two new        resins including Biopropylene A150D, an injection molding grade        manufactured with 51% post-industrial algae biomass, and Compostable        2020D, an extrusion blow molding resin. Two new patents were granted and        applications have been filed to protect the Company&amp;#39;s new innovation in        nano materials and algae biobased resins. The Company also incorporated        a new, wholly owned subsidiary Algaeplast vehicle to develop        algae-related research.&lt;br&gt;&lt;br&gt;On the corporate side, the Company        adopted an aggressive approach and filed legal actions against certain        clients for their 2011 unpaid purchases. The Company was already        successful in recouping valuable inventory in Italy as a settlement for        outstanding receivables and is optimistic about the overall outcome of        these pending actions.&lt;br&gt;&lt;br&gt;"We are optimistic for the remainder of        the year," said Mr. Frederic Scheer, Cereplast&amp;#39;s Chairman and Chief        Executive Officer. "Growth is expected to continue and increase and we        believe that our growth projections will contribute to a stronger share        price. The fundamentals of the company are excellent and our Management        team is working to exceed our shareholders&amp;#39; revenue expectations."&lt;br&gt;&lt;br&gt;About        Cereplast, Inc.&lt;br&gt;&lt;br&gt;Cereplast, Inc. (OTCQB:CERP) designs and        manufactures proprietary biobased, sustainable bioplastics which are        used as substitutes for traditional plastics in all major converting        processes - such as injection molding, thermoforming, blow molding and        extrusions - at a pricing structure that is competitive with traditional        plastics. On the cutting-edge of biobased plastic material development,        Cereplast now offers resins to meet a variety of customer demands.        Cereplast Compostables(R) resins are ideally suited for single-use        applications where high biobased content and compostability are        advantageous, especially in the food service industry. Cereplast        Sustainables(R) resins combine high biobased content with the durability        and endurance of traditional plastic, making them ideal for applications        in industries such as automotive, consumer electronics and packaging.        Learn more at www.cereplast.com. You may also visit the Cereplast social        networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and        Youtube.com/Cereplastinc.&lt;br&gt;&lt;/span&gt;     &lt;br&gt;&lt;br&gt;     &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=29044690</link><pubDate>8/7/2013 11:27:37 AM</pubDate></item><item><title>[Savant] Cereplast Provides Shareholders With an Update on the Italian Plastic Bag Legisl...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Provides Shareholders With an Update on the Italian Plastic Bag Legislation  &lt;br&gt;&lt;br&gt; Jun 4, 2013 08:00:11 (ET)&lt;br&gt;&lt;br&gt;SEYMOUR, Jun 04, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today is providing shareholders with an update on the Italian plastic bag legislation. The government of the United Kingdom ("UK") is using the European Union ("EU") legal system in an attempt to influence the Italian legislation that enforces sanctions on merchants that do not discontinue the use of traditional single-use plastic bags in favor of bioplastic and other alternatives. Cereplast anticipates that this move will simply delay the law from going into full effect until Summer/Fall 2013. &lt;br&gt;&lt;br&gt;Cereplast Chairman and CEO Mr. Frederic Scheer commented, "When dealing with government bodies and new legislation there are often times hurdles that occur, particularly when there is lobbying pressure from the traditional plastics industry. I am not overly concerned about the timing of the outcome, and expect that this is a minor pause in the full impact of the law. Amidst this delay, we are manufacturing and seeking new market opportunities every day, as well as expanding our current customer base and attracting new customers who are adopting biodegradable alternatives such as ours. This legislation has survived multiple legal actions, and each time it has prevailed. The overall sentiment among the EU is supportive of this legislation as we are seeing other countries move towards outright plastic bag bans, in addition to the countries that have already imposed fines. In the meantime, we have utilized this time wisely by completing our required certifications, which are required by many large retailers that continue to transition to bioplastic alternatives in lieu of traditional plastic bags, despite the recent move by the UK. The Company will continue to pursue strategic target clients in anticipation of the sanctions becoming effective." &lt;br&gt;&lt;br&gt;Mr. Scheer continued, "Additionally, in the United States, the plastics industry is lobbying heavily to prevent similar wide-spread laws from being passed, and yet year after year, there continues to be a movement toward the abolition of the single-use plastic bag. Today, cities such as San Francisco, Portland and Seattle have been successful despite the opposition, and this will likely continue to be the trend in the US for the next few years as people work toward state-wide legislation." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;Safe Harbor Statement &lt;br&gt;&lt;br&gt;Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. &lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc.&lt;br&gt;         Public Relations&lt;br&gt;         Nicole Robertson&lt;br&gt;         812.220.5400 X1013&lt;br&gt;         nrobertson@cereplast.com&lt;br&gt;&lt;br&gt;         Investor Relations:&lt;br&gt;         Alliance Advisors, LLC&lt;br&gt;         Alan Sheinwald&lt;br&gt;         914-669-0222&lt;br&gt;         asheinwald@allianceadvisors.net&lt;br&gt;&lt;br&gt;         Valter Pinto&lt;br&gt;         914-669-0222 x201&lt;br&gt;         valter@allianceadvisors.net&lt;br&gt;         &lt;br&gt;						&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28933057</link><pubDate>6/4/2013 7:36:27 PM</pubDate></item><item><title>[Savant] Cereplast, Inc. (OTCQB:CERP) (the "Company"), a leading manufacturer of propriet...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast, Inc. (OTCQB:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today announced that Frederic Scheer, Chief Executive Officer and Michael Okada, Chief Financial Officer, will host a conference call to discuss the Company&amp;#39;s financial results for the period ending March 31, 2013 on Monday, May 20 at 4:30 p.m. Eastern. &lt;br&gt;Conference Call Details:&lt;br&gt; Date:                Monday, May 20&lt;br&gt; Time:                4:30 p.m. Eastern&lt;br&gt; Participant Dial-In: (480) 629-9712&lt;br&gt; Live Webcast:        &lt;a class='ExternURL' href='http://www.cereplast.com/investors/events-presentations/' target='_blank' &gt;cereplast.com&lt;/a&gt;&lt;br&gt; &lt;br&gt;&lt;br&gt;It is recommended that participants dial in approximately 10 minutes prior to the start of the 4:30 p.m. Eastern call. There will also be a simultaneous live webcast of the conference call which can be accessed through the following audio feed link and archived recording of the conference call available under the Investor Relations section of the company website at &lt;a class='ExternURL' href='http://www.cereplast.com/investors/events-presentations/' target='_blank' &gt;cereplast.com&lt;/a&gt;. &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28900942</link><pubDate>5/17/2013 4:01:44 PM</pubDate></item><item><title>[Savant] EL SEGUNDO, Calif., April 23, 2013 (GLOBE  NEWSWIRE) --  Cereplast, Inc. (OTCQB:...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;EL SEGUNDO, Calif., April 23, 2013 (GLOBE  NEWSWIRE) --  &lt;a href='http://www.globenewswire.com/newsroom/ctr?d=10029526&amp;amp;l=1&amp;amp;a=Cereplast%2C%20Inc.&amp;amp;u=http%3A%2F%2Fwww.cereplast.com%2F' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;Cereplast, Inc. &lt;/span&gt;&lt;/u&gt;&lt;/a&gt;(OTCQB:CERP) (the "Company"), a leading  manufacturer of proprietary biobased, compostable and sustainable bioplastics,  today cited that the Supreme Court of India is moving  toward stronger legislation to control the country&amp;#39;s plastic pollution problem.  Cereplast ( &lt;a href='http://seekingalpha.com/symbol/cerp.ob' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;CERP.OB&lt;/span&gt;&lt;/u&gt;&lt;/a&gt;) has  begun receiving orders and payment for Compostable 3002 for the manufacture of  single-use bags, and expects to receive more orders for this material in the  near future.&lt;br&gt;&lt;br&gt; Although several regional plastic bag bans are in effect across India, the Supreme Court, along  with the Central Pollution Control Board (CPCB), are  looking toward more widespread solutions for the country&amp;#39;s severe plastic  pollution problems. Cereplast expects the growing anti-plastic climate in India, the world&amp;#39;s third largest polymers consumer, could  generate larger growth opportunities for the bioplastics industry in the  country, specifically for compostable bioplastics. There is growing interest in  India for Cereplast Compostables&amp;#174; resins,  particularly for the blow molding grades that are suited for beverage bottles,  as well as the blown film grades for single-use grocery bags and garbage  bags.&lt;br&gt;&lt;br&gt; India&amp;#39;s polymer consumption accounted for 5.7% of  the world&amp;#39;s total in 2011, up from 3.5% in 2000. This level of consumption has  its consequences. According to the CPCB, India  generates 5.6 million metric tons of plastic waste each year, 40% of which  remains uncollected and littered. Supreme Court Justices  G.S. Singhvi and Kurian  Joseph cited this as a "failure of governance at the grass-root level,"  and are working toward a comprehensive plastic waste strategy.&lt;br&gt;&lt;br&gt; Frederic Scheer, Chairman and CEO of Cereplast, Inc. stated, "We are pleased to see the Supreme Court of India taking action toward solving its plastic  pollution problems, and believe that widespread regulation of conventional  plastics in the country would have a significant impact on the bioplastics  industry as a whole. As the third largest consumer of conventional plastics in  the world, countrywide legislation in India similar  to what has been enacted in Italy would have even  larger implications for bioplastics. Over a period of several months, the  Application Decree in Italy created burgeoning  activity and interest in bioplastic resins, and we see a similar trend happening  in India. The process may take longer, however, we  are very pleased to be selling our Cereplast Compostables blown film resins in  India. Cereplast is poised to capitalize on these  growing opportunities as they arise and continue to work with many companies in  India to provide them with bioplastic alternatives.  We believe, as indicated last week in our  &lt;a href='http://www.globenewswire.com/newsroom/ctr?d=10029526&amp;amp;l=4&amp;amp;a=press%20release&amp;amp;u=http%3A%2F%2Finvestor.cereplast.com%2Freleasedetail.cfm%3FReleaseID%3D757038' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;press  release&lt;/span&gt;&lt;/u&gt;&lt;/a&gt; and during the earnings call, that we are at an inflection point and  the anticipated outcome for 2013 is quite exciting. India will be an important part of our growth in  2013."&lt;br&gt;&lt;br&gt; About Cereplast, Inc. &lt;br&gt;&lt;br&gt; Cereplast, Inc. (OTCQB:CERP) designs and manufactures  proprietary biobased, sustainable bioplastics which are used as substitutes for  traditional plastics in all major converting processes - such as injection  molding, thermoforming, blow molding and extrusions - at a pricing structure  that is competitive with traditional plastics. On the cutting-edge of biobased  plastic material development, Cereplast now offers resins to meet a variety of  customer demands. Cereplast Compostables&amp;#174; resins are ideally suited for  single-use applications where high biobased content and compostability are  advantageous, especially in the food service industry. Cereplast Sustainables&amp;#174;  resins combine high biobased content with the durability and endurance of  traditional plastic, making them ideal for applications in industries such as  automotive, consumer electronics and packaging. Learn more at  &lt;a href='http://www.cereplast.com/' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;www.cereplast.com&lt;/span&gt;&lt;/u&gt;&lt;/a&gt; . You may also visit the  Cereplast social networking pages at  &lt;a href='http://facebook.com/Cereplast' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;Facebook.com/Cereplast&lt;/span&gt;&lt;/u&gt;&lt;/a&gt;,  &lt;a href='http://twitter.com/Cereplast' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;Twitter.com/Cereplast&lt;/span&gt;&lt;/u&gt;&lt;/a&gt; and  &lt;a href='http://youtube.com/Cereplastinc' target='_blank'&gt;&lt;u&gt;&lt;span style='color: #0066cc;'&gt;Youtube.com/Cereplastinc&lt;/span&gt;&lt;/u&gt;&lt;/a&gt;.&lt;br&gt;&lt;br&gt; Safe Harbor Statement&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28858170</link><pubDate>4/25/2013 11:48:20 AM</pubDate></item><item><title>[Savant] Cereplast Italia Strengthens Its Sales Network     Apr 9, 2013 08:00:05 (ET)  EL...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Italia Strengthens Its Sales Network  &lt;br&gt;&lt;br&gt; Apr 9, 2013 08:00:05 (ET)&lt;br&gt;&lt;br&gt;EL SEGUNDO, Apr 09, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today announced that its wholly owned subsidiary Cereplast Italia is strengthening its sales network with the addition of approximately seven sales agents to promote the Company&amp;#39;s products in Italy and neighboring countries. &lt;br&gt;&lt;br&gt;The sales agents will focus on Cereplast Compostables(R) blown film grades. This step follows the recent legislation in Italy requiring merchants to discontinue the use of traditional single-use plastic bags in favor of bioplastic bags and other alternatives. The sales agents are not employees of the Company and have been retained with a commission-based structure, so there is no cost to the company unless the agents successfully close sales. &lt;br&gt;&lt;br&gt;Mr. Frederic Scheer, Chairman and CEO of Cereplast, stated, "Demand for our blown film resins have increased steadily in anticipation of the publication of the Application Decree requiring the use of bioplastic bags in lieu of traditional single-use bags. With a target date for the enforcement of the Decree in May we have retained a team of sales agents to maximize our sales opportunities. We have only begun to scratch the surface of the $500 million overall market and estimated $50 million market opportunity for us to capture with the orders we have already received. This new team of sales agents is fully prepared to help the Company take full advantage of these favorable circumstances." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;Safe Harbor Statement &lt;br&gt;&lt;br&gt;Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. &lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc.&lt;br&gt;         Public Relations&lt;br&gt;         Nicole Robertson&lt;br&gt;         (310) 615-1900 x154&lt;br&gt;         nrobertson@cereplast.com&lt;br&gt;&lt;br&gt;         Investor Relations:&lt;br&gt;         Alliance Advisors, LLC&lt;br&gt;         Alan Sheinwald&lt;br&gt;         914-669-0222&lt;br&gt;         asheinwald@allianceadvisors.net&lt;br&gt;&lt;br&gt;         Valter Pinto&lt;br&gt;         914-669-0222 x201&lt;br&gt;         valter@allianceadvisors.net&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28830390</link><pubDate>4/12/2013 2:07:48 AM</pubDate></item><item><title>[Savant] EL SEGUNDO, Calif., April 2, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc. (OTCQB:CER...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;EL SEGUNDO, Calif., April 2, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc. (OTCQB:CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, today announced that Frederic Scheer, Chief Executive Officer and Michael Okada, Chief Financial Officer, will host a conference call to discuss the Company&amp;#39;s financial results for period ending December 31, 2012 on Tuesday, April 16th at 4:30 p.m. Eastern.&lt;br&gt;&lt;br&gt;Conference Call Details:   &lt;br&gt;    &lt;br&gt;Date: Tuesday, April 16th &lt;br&gt;Time: 4:30 p.m. Eastern &lt;br&gt;Participant Dial-In: (480) 629-9712 &lt;br&gt;Live Webcast: &lt;a class='ExternURL' href='http://www.cereplast.com/investors/events-presentations/' target='_blank' &gt;cereplast.com&lt;/a&gt;  &lt;br&gt;&lt;br&gt;It is recommended that participants dial in approximately 10 minutes prior to the start of the 4:30 p.m. Eastern call. There will also be a simultaneous live webcast of the conference call which can be accessed through the following audio feed link and archived recording of the conference call available under the Investor Relations section of the company website at &lt;a class='ExternURL' href='http://www.cereplast.com/investors/events-presentations/' target='_blank' &gt;cereplast.com&lt;/a&gt; .&lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (OTCQB:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast (CERP.OB) now offers resins to meet a variety of customer demands. Cereplast Compostables&amp;#174; resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables&amp;#174; resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc.&lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc.&lt;br&gt;         Public Relations&lt;br&gt;         Nicole Robertson&lt;br&gt;         (310) 615-1900 x154&lt;br&gt;         nrobertson@cereplast.com&lt;br&gt;&lt;br&gt;         Investor Relations:&lt;br&gt;         Alliance Advisors, LLC&lt;br&gt;         Alan Sheinwald&lt;br&gt;         914-669-0222&lt;br&gt;         asheinwald@allianceadvisors.net&lt;br&gt;         www.AllianceAdvisors.net&lt;br&gt;&lt;br&gt;         Valter Pinto&lt;br&gt;         914-669-0222 x201&lt;br&gt;         valter@allianceadvisors.net&lt;br&gt;         www.AllianceAdvisors.net&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28819050</link><pubDate>4/5/2013 10:23:48 PM</pubDate></item><item><title>[Savant] seekingalpha.com  EL SEGUNDO, Calif., April 3, 2013 (GLOBE NEWSWIRE) -- Cereplas...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;&lt;a class='ExternURL' href='http://seekingalpha.com/news-article/6123171-italian-plastic-bag-application-decree-published-and-enforcement-begins-may-27-2013' target='_blank' &gt;seekingalpha.com&lt;/a&gt;&lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., April 3, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc. (OTCQB:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, is pleased to announce that the Italian plastic bag Application Decree has been published in the Official Journal, and sanctions for non-compliance with the legislation will be enforced effective May 27, 2013. Management estimates, based on certain provisions, that Cereplast&amp;#39;s (CERP.OB) total addressable opportunity today for Italy alone exceeds $50 million.&lt;br&gt;&lt;br&gt; Cereplast estimates that the total addressable market for compostable blown film grades in Italy exceeds $500 million. Currently there are 4 legitimate competitors who produce compostable blown film that are predominantly based in Europe, each varying in size from approximately $5 to $120 million in revenue. Based on current competition, current production capacity, a full production staff and sufficient working capital, the estimated market opportunity for Cereplast exceeds $50 million. Manufacturing capacity at the Company&amp;#39;s Seymour, Indiana plant is currently 3000 tons/month. Based on current market pricing of $4,500/ton, this plant is capable of producing in excess of $10 million per month at full capacity. The Cereplast Compostables&amp;#174; blown film resins have a competitive advantage because they can be processed on traditional equipment without requiring modifications, and they do not emit problematic fumes.&lt;br&gt;&lt;br&gt; Merchants must discontinue the use of traditional single-use plastic bags in favor of bioplastic bags or other alternatives. The law prohibits the use of OXO Biodegradable additives and requires Italian merchants to only use compostable applications as defined by EN 13432 that Cereplast resins comply with. The fines for non-compliance range between &amp;#172;2,500 and &amp;#172;25,000 and may be increased for large quantities of bags. This plastic bag ban is the first step by the Italian government to make Italy plastic-free.&lt;br&gt;&lt;br&gt; Italian Minister of the Environment Corrado Clini stated, "This measure normalizes the uncertainties that have hindered the development of the production chain, promotes green chemistry and puts Italy in line with the EU."&lt;br&gt;&lt;br&gt; Cereplast Chairman and CEO Mr. Frederic Scheer commented, "Many of our customers have been placing orders in preparation for this moment. We have tested our products with approximately 50 blown film converters in Italy, and now that the Application Decree has been published, we expect larger volume sales to follow in the wake of this news. We are excited about this key milestone and look forward to further serving the Italian marketplace with our proprietary bioplastic resins."&lt;br&gt;&lt;br&gt; About Cereplast, Inc. &lt;br&gt;&lt;br&gt; Cereplast, Inc. (OTCQB:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables&amp;#174; resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables&amp;#174; resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc.&lt;br&gt;&lt;br&gt; Safe Harbor Statement&lt;br&gt;&lt;br&gt; Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.&lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc.          Public Relations          Nicole Robertson          (310) 615-1900 x154          nrobertson@cereplast.com           Investor Relations:          Alliance Advisors, LLC          Alan Sheinwald          914-669-0222          asheinwald@allianceadvisors.net           Valter Pinto          914-669-0222 x201          valter@allianceadvisors.net          www.AllianceAdvisors.net &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28816536</link><pubDate>4/4/2013 6:34:42 PM</pubDate></item><item><title>[Savant] EL SEGUNDO, Mar 27, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:C...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;EL SEGUNDO, Mar 27, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, today announced that the Cell-O-Core(R) Company is manufacturing its Cello-Green(TM) brand compostable drinking straws using Cereplast Compostable 7003. &lt;br&gt;&lt;br&gt;A photo accompanying this release is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=17825' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;The Cello-Green brand Bio Straws are disposable with food waste--no separation is required--and will fully biodegrade in a municipal composting facility in 180 days or less. The Bio Straws are certified compostable by the Biodegradable Products Institute (BPI) and are Cedar Grove approved. Designed and produced for use in cold beverages only, the straws are not recommended for use in hot beverages over 120 degrees Fahrenheit. The Bio Straws are available in green, white or red, and the straw wrappers are printed with water-soluble inks. Cereplast 7003 and the Bio Straws are made in the USA. &lt;br&gt;&lt;br&gt;Cereplast Compostable 7003 is BPI certified for industrial compostability* of films and other extruded applications with a maximum thickness of 60 mils (1.50mm). Compostable 7003 has been designed to have an excellent balance of translucency, strength, toughness and processability. This resin can be processed on existing profile extrusion and cast lines and is recommended for profile extrusion applications including straws and similar applications. &lt;br&gt;&lt;br&gt;Frederic Scheer, Chairman and CEO of Cereplast, stated, "We are proud to be working with an established US company such as Cell-O-Core. Based on current market trends, we anticipate the demand for the Bio Straws to grow significantly in the coming months and years. The Bio Straws can be disposed of and composted with food waste, making them a convenient fit for fast food chains and other restaurants that are making the move toward more sustainable waste removal at their establishments." &lt;br&gt;&lt;br&gt;About The Cell-O-Core Company &lt;br&gt;&lt;br&gt;"Stirring up America... Since 1945" The Cell-O-Core Company was founded in 1945 and is based in Ohio. Their products area made in the USA. For more information about Cell-O-Core and their products, contact Thomas B. Allen, Executive Vice President and Chief Operating Officer: tallen@Cellocore.com or (330) 239-4370. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;*Not home compostable. &lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Robertson &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;nrobertson@cereplast.com &lt;br&gt;&lt;br&gt;Investor Relations: &lt;br&gt;&lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28802049</link><pubDate>3/27/2013 11:51:55 AM</pubDate></item><item><title>[Savant] Cereplast Granted Patent for Biodegradable Nanopolymer Compositions   Mar 12, 20...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Granted Patent for Biodegradable Nanopolymer Compositions &lt;br&gt;&lt;br&gt;Mar 12, 2013 08:00:07 (ET) &lt;br&gt;&lt;br&gt;EL SEGUNDO, Mar 12, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today announced that the United States Patent and Trademark Office (USPTO) has granted the Company patent protection for biodegradable nanopolymer compositions and biodegradable articles made thereof. USPTO-issued patent 8,389,614 is a significant patent for the company and for the field of biodegradable polymers, as it is the first of its kind. This patent expands Cereplast&amp;#39;s growing intellectual property portfolio and protects the composition formulation invented by the Cereplast R&amp;amp;D team. &lt;br&gt;&lt;br&gt;This patent describes biodegradable compositions including polylactic acid (PLA) and other components, and incorporates nanofillers that improve the physical and thermal properties of the material. Biodegradable materials are known for their thermal and physical limitations, and the newly-patented Cereplast composition improves such properties by introducing nanofillers that are known for improving polymer functions. &lt;br&gt;&lt;br&gt;Mr. Frederic Scheer Chairman and CEO of Cereplast commented, "Protecting the intellectual property of the Company is a high priority and is an important part of our long-term growth strategy, as is creating new grades of bioplastic resin that expand the properties available to meet the ever-growing needs of the marketplace. This new patent is the first for biodegradable nanopolymer compositions and further establishes Cereplast&amp;#39;s role as a leader in the bioplastics industry. Nanopolymers have brought innovation to the traditional plastics industry, and we are proud to have extended their reach to the bioplastics industry." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28781262</link><pubDate>3/15/2013 9:52:29 PM</pubDate></item><item><title>[Savant] Cereplast, Inc. Joins Algae Biomass Organization   Mar 13, 2013 08:00:09 (ET)   ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast, Inc. Joins Algae Biomass Organization &lt;br&gt;&lt;br&gt;Mar 13, 2013 08:00:09 (ET) &lt;br&gt;&lt;br&gt;EL SEGUNDO, Mar 13, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today announced that it has joined the Algae Biomass Organization (ABO). &lt;br&gt;&lt;br&gt;The ABO is a non-profit organization that promotes the development of viable commercial markets for renewable and sustainable commodities derived from algae. Its primary goals include facilitating the commercialization and market development of microalgae biomass for the production of biofuels and greenhouse gas abatement. &lt;br&gt;&lt;br&gt;Cereplast has been a pioneer in algae-based plastics, and recently incorporated a new wholly owned subsidiary, Algaeplast(TM), Inc. Algaeplast will develop and commercialize algae bioplastics, with an ultimate goal of developing new monomers and polymers made from algae within the next five years. &lt;br&gt;&lt;br&gt;"Cereplast&amp;#39;s algae bioplastics are a perfect example of the wide range of sustainable products that are being derived from algae," said Mary Rosenthal, Executive Director of the ABO. "We&amp;#39;re thrilled they are joining ABO and supporting the ranks of innovative companies, research organizations and end-users working to make algae a source of valuable and sustainable commodities." &lt;br&gt;&lt;br&gt;About the Algae Biomass Organization &lt;br&gt;&lt;br&gt;The Algae Biomass Organization (ABO) is a 501 c(6) non-profit whose mission is to promote the development of viable commercial markets for renewable and sustainable commodities derived from algae. Its membership is comprised of people, companies and organizations across the value chain. More information about ABO, including its leadership, membership, costs, benefits and members and their affiliations, is available at the website: www.algaebiomass.org &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Robertson &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;nrobertson@cereplast.com &lt;br&gt;&lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;br&gt;Valter Pinto &lt;br&gt;914-669-0222 x201 &lt;br&gt;valter@allianceadvisors.net &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28781247</link><pubDate>3/15/2013 9:40:31 PM</pubDate></item><item><title>[Savant] Cereplast Provides Shareholder Update on Italian Application Decree &amp; Announces ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Provides Shareholder Update on Italian Application Decree &amp;amp; Announces $300,000 in New Revenue &lt;br&gt;&lt;br&gt;Feb 5, 2013 08:00:34 (ET) &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Feb 05, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, generated approximately $300,000 in new revenue during the last two weeks of January 2013. These orders received are in addition to the $500,000 of new revenue that was announced on January 23, 2013. &lt;br&gt;&lt;br&gt;The Italian Application Decree, which mandates that companies discontinue the use of traditional plastic bags in favor of bioplastic bags or other alternatives, continues to drive demand for the Cereplast Compostables(R) blown film grades. The new orders were fulfilled utilizing existing inventory and were paid in advance of shipment or within conservative credit terms. &lt;br&gt;&lt;br&gt;The next important milestone will be the formal publication of the Italian Application Decree, which is expected to increase the demand for bioplastic film. Cereplast blown film resins are part of a very limited, proprietary and select type of resin that are able to serve the Italian market for bioplastic blown film. According to European Plastics News, the European market volume for flexible packaging is approximately 3.6 million tons, which is worth approximately EUR20 billion. Italy represents 25% of this market volume at approximately 900,000 tons per year. Although all applications will not be transferred to bioplastic, Italy could become the largest market for bioplastic film applications in 2013 with potential industry revenues of several hundred million euros. &lt;br&gt;&lt;br&gt;"The Italian market for bioplastic blown film is once again gaining momentum," stated Cereplast Chairman and CEO, Mr. Frederic Scheer. "As a result of government legislation and mandates being passed down by the Italian parliament, the sales trend is continuing. We anticipate demand from this key region to approach similar sales volumes that we experienced in 2011. We are encouraged by the sales data we are analyzing, which is pointing to a strong 2013." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Robertson &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;nrobertson@cereplast.com &lt;br&gt;&lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28709511</link><pubDate>2/6/2013 10:15:01 AM</pubDate></item><item><title>[Savant] Jan. 23, 2013, 8:08 a.m. EST   Cereplast Announces $500,000 in New Revenue and P...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Jan. 23, 2013, 8:08 a.m. EST &lt;br&gt;&lt;br&gt;Cereplast Announces $500,000 in New Revenue and Provides 2013 Outlook &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Jan 23, 2013 (GLOBE NEWSWIRE via COMTEX) -- Cereplast, Inc. (otcqb:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today is providing a shareholder update and an outlook for 2013. Cereplast has created additional liquidity through the generation of approximately $500,000 in revenue over the last six weeks while continuing to focus on restructuring its operations to further position the Company for growth throughout 2013. &lt;br&gt;&lt;br&gt;Revenue Generation in Europe, the United States and Asia &lt;br&gt;&lt;br&gt;In Europe, specifically in Italy, the Italian parliament made a critical vote on December 13, 2012, which confirms the proposed sanctions on companies using traditional plastic bags and mandates a switch to bioplastic or other alternatives 60 days from the publication of the Application Decree. In anticipation of the final Application Decree to be signed, Cereplast has received several orders for blown film resin, which were fulfilled utilizing its existing inventory. All customer payments were received in advance of shipment or within conservative credit terms. The Company expects continued growth in demand for blown film as a result of the anticipated legislation in Italy. &lt;br&gt;&lt;br&gt;In the United States, Cereplast received several orders for compostable resins that will be used for food service applications. Multiple large food chains have started to embrace the use of compostable material for food service ware items including straws, cups and cutlery, for which Cereplast&amp;#39;s resins are in demand. Cereplast has fulfilled these orders and all payments have been received. &lt;br&gt;&lt;br&gt;Cereplast received several purchase orders from existing clients in India. Management is encouraged by the progress made in India and anticipates their investments in this new market will translate into additional purchase orders and future revenue growth in 2013. &lt;br&gt;&lt;br&gt;Debt and Indenture &lt;br&gt;&lt;br&gt;Management announced that our debt holders have waived the event of default, and have agreed to forbear from exercising their rights and remedies under the Indenture with respect to the Company&amp;#39;s failure to make interest payments due on June 1, 2012 and December 1, 2012. The Company was successful in arranging a structured investment from an institutional investor, offering a repayment plan to settle both the past due interest balance as well as the coupon due in June 2013. The restructuring provides the Company relief until December 2013. &lt;br&gt;&lt;br&gt;With respect to the Compass Horizon term loan, an arrangement was completed by which an institutional investor will repay the remaining principal and interest owed under the Term Loan. &lt;br&gt;&lt;br&gt;Working Capital and Liquidity &lt;br&gt;&lt;br&gt;To provide the Company with the required working capital to continue operations, approximately $1 million in short term convertible debt and equity financing was completed. In order to maximize these new investments, the Company has enacted an operational restructuring strategy which includes a reduction in operating costs. Additionally, the Company has taken aggressive cost cutting measures, which include a furlough for production employees and a reduction in its worldwide headcount to 17 employees. &lt;br&gt;&lt;br&gt;In order to improve cash flow, the Company adjusted their sales and shipment policy, requiring payment in advance of shipment and reducing terms to less than 30 days for large domestic companies. &lt;br&gt;&lt;br&gt;Inventory Recovery from Delinquent Accounts Receivable &lt;br&gt;&lt;br&gt;Cereplast initiated a systematic strategy to recover their customers&amp;#39; unsold inventories associated with their delinquent Accounts Receivable balances. In September 2012, 22 containers of the Company&amp;#39;s Compostable resins were successfully recovered, valued at approximately $2 million. The same strategy will be used to recover available remaining assets across Europe, Italy, Germany and Malta. &lt;br&gt;&lt;br&gt;Intellectual Property &lt;br&gt;&lt;br&gt;Management believes that there is tremendous unlocked value within the intellectual property portfolio of the Company. As the industry continues to evolve, management believes that large conglomerates will begin to make further investments. It is therefore critical to continue to protect the Company&amp;#39;s intellectual property while continuing key Research and Development projects. In 2012, Cereplast was granted two patents and is prepared to file an additional five patents in the next few weeks covering both families of resins: Cereplast Compostables(R) resins and Cereplast Sustainables(R) resins, including Cereplast Algae Bioplastics(TM). &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (otcqb:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Robertson &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;nrobertson@cereplast.com &lt;br&gt;&lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;br&gt;www.AllianceAdvisors.net&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28681985</link><pubDate>1/23/2013 1:11:34 PM</pubDate></item><item><title>[Savant] CEREPLAST Voluntarily Moves Listing From NASDAQ to the OTCQB Market   EL SEGUNDO...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;CEREPLAST Voluntarily Moves Listing From NASDAQ to the OTCQB Market &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Dec 7, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced that its Board of Directors has voluntarily decided to move the &lt;br&gt;listing of its common stock from The NASDAQ Capital Market ("NASDAQ") to the OTC &lt;br&gt;Markets&amp;#39; OTCQB marketplace ("OTCQB"). Cereplast expects that its stock will begin &lt;br&gt;trading on the OTCQB under its ticker symbol "CERP" effective December 17, 2012. &lt;br&gt;As of that date, investors and other interested parties will be able to view the &lt;br&gt;Real Time Level II stock quotes for CERP at &lt;a class='ExternURL' href='http://www.otcmarkets.com' target='_blank' &gt;otcmarkets.com&lt;/a&gt;. Cereplast &lt;br&gt;will file a Form 25 with the Securities and Exchange Commission on December 17, &lt;br&gt;2012 and cease trading on NASDAQ on December 14, 2012. &lt;br&gt;&lt;br&gt;"We believe that our decision to move to the OTCQB is in no way an adverse &lt;br&gt;reflection of the viability of the Company," stated Frederic Scheer, Chairman and &lt;br&gt;CEO of Cereplast. "We carefully evaluated our options to maintain our listing on &lt;br&gt;NASDAQ, including whether or not to implement a reverse split to satisfy the &lt;br&gt;$1.00 per share minimum bid price requirement, and concluded that it was not in &lt;br&gt;the best interest of our shareholders. We believe that the transition to the &lt;br&gt;OTCQB will be relatively seamless and will continue to provide existing and new &lt;br&gt;shareholders a quality marketplace to trade our stock." &lt;br&gt;&lt;br&gt;Mr. Scheer continued, "Looking forward to FY 2013, we expect the Company to &lt;br&gt;recover from the losses incurred in 2012 and we are working on generating new &lt;br&gt;revenue and cash flow as well as opening up new sales initiatives into new &lt;br&gt;markets for our new and existing products and services." &lt;br&gt;&lt;br&gt;On May 1st, 2012, the Company received a letter from NASDAQ advising the Company &lt;br&gt;that for the 30 consecutive trading days preceding the date of the notice, the &lt;br&gt;bid price of the Company&amp;#39;s common stock had closed below the $1.00 per share &lt;br&gt;minimum bid price required for continued listing on The NASDAQ Capital Market, &lt;br&gt;pursuant to NASDAQ Listing Rule 5550(a)(2) (the "Bid Price Rule"). The letter &lt;br&gt;stated that the Company would be provided 180 calendar days, or until November &lt;br&gt;1st, 2012, to regain compliance with the Bid Price Rule, which deadline was &lt;br&gt;subsequently extended on a one-time basis to April 29, 2013. To regain &lt;br&gt;compliance, the closing bid price of the common stock would need to be at least &lt;br&gt;$1.00 per share for a minimum of ten consecutive business days prior to that &lt;br&gt;date. &lt;br&gt;&lt;br&gt;The Board of Directors&amp;#39; voluntary decision to move the Company&amp;#39;s listing from &lt;br&gt;NASDAQ to OTCQB was made following the detailed review of numerous factors &lt;br&gt;including NASDAQ filing fees (versus OTCQB); the significant compliance &lt;br&gt;obligations and restrictions that result from the maintenance of the NASDAQ &lt;br&gt;listing, including the associated out-of-pocket costs (versus OTCQB); and the &lt;br&gt;uncertainty to regain compliance with the Bid Price Rule before the April, 2013 &lt;br&gt;deadline. Based on the foregoing factors, the Board of Directors does not believe &lt;br&gt;there is continuing shareholder value in maintaining Cereplast&amp;#39;s listing on &lt;br&gt;NASDAQ at this time. However, the move to the OTCQB does not change the Company&amp;#39;s &lt;br&gt;reporting obligations with the Securities and Exchange Commission under &lt;br&gt;applicable federal securities laws. Accordingly, the Company will continue to &lt;br&gt;file its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its &lt;br&gt;Current Reports on Form 8-K. &lt;br&gt;&lt;br&gt;About OTC Markets Group Inc.: &lt;br&gt;&lt;br&gt;OTC Markets Group Inc. (OTCM) operates open, transparent and connected financial &lt;br&gt;marketplaces for investors to easily trade almost 10,000 equity and debt &lt;br&gt;securities through the broker of their choice. OTC Markets Group organizes these &lt;br&gt;securities into tiered marketplaces to inform investors of opportunities and &lt;br&gt;risks. OTC Markets Group&amp;#39;s data-driven platform enables efficient trading through &lt;br&gt;any broker at the best possible price and empowers a broad range of companies to &lt;br&gt;improve the quality and availability of information for their investors. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Robertson &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;nrobertson@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28595062</link><pubDate>12/10/2012 12:23:25 PM</pubDate></item><item><title>[Savant] Cereplast Announces Third Quarter 2012 Financial Results   EL SEGUNDO, Calif., N...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Announces Third Quarter 2012 Financial Results &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Nov 14, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced its financial results for the third quarter ended September 30, &lt;br&gt;2012. &lt;br&gt;&lt;br&gt;Mr. Frederic Scheer, Chairman and Chief Executive Officer of Cereplast, stated, &lt;br&gt;"Thus far in 2012 we have focused on several areas which have resulted in the &lt;br&gt;achievement of key milestones, new product launches and important strategic &lt;br&gt;relationships. Since the opening of our offices with a dedicated team in India, &lt;br&gt;we have begun selling our Cereplast Hybrid Resins(R) product line in this &lt;br&gt;emerging marketplace, which is the world&amp;#39;s third largest consumer of polymers. &lt;br&gt;The Cereplast Hybrid Resins(R) products are being tested with a large polymer &lt;br&gt;converter for other applications and are part of the unsold inventory we recouped &lt;br&gt;from our European clients. We continue to move our relationship with A.R.M.Y. &lt;br&gt;forward, which has resulted in the introduction of key strategic relationships &lt;br&gt;including the engineering and marketing team of Tirumala Thirupathi Devastanam, &lt;br&gt;an independent trust to the largest shrine in the world. Our Cereplast &lt;br&gt;Compostables(R) resins are being tested on 25,000 bags for their expected use by &lt;br&gt;millions of annual visitors to their shrine. Lastly, the Italian government has &lt;br&gt;moved toward reinstating legislation to ban non-compostable resins. Several large &lt;br&gt;supermarket chains have expressed an interest in testing our products, while &lt;br&gt;multiple product lines are currently in progress. As we work diligently towards &lt;br&gt;transforming these opportunities into revenue, we will continue managing our cash &lt;br&gt;flow accordingly." &lt;br&gt;&lt;br&gt;Mr. Scheer continued, "Heading into 2013 we are refining our strategy to ensure &lt;br&gt;we give ourselves the greatest opportunity for revenue growth. The experience we &lt;br&gt;have gained through our recent history of operating within the bioplastics &lt;br&gt;industry has allowed us to understand what the market demands; we therefore find &lt;br&gt;it more important to target specific applications rather than the broader &lt;br&gt;approach we have taken in the past. We believe that by tailoring our offerings &lt;br&gt;specifically for the customer&amp;#39;s product application, the adoption of our product &lt;br&gt;will become greater. With the plan I just described I want to reassure our &lt;br&gt;shareholders that Cereplast&amp;#39;s management team is focused and working very hard &lt;br&gt;every day to ensure that we will prevail over our challenging environment." &lt;br&gt;&lt;br&gt;Operational Highlights: &lt;br&gt;&lt;br&gt;--Cereplast has begun to sell its first Cereplast Hybrid Resins(R) &lt;br&gt;application in India. This milestone follows the Company&amp;#39;s opening of a &lt;br&gt;corporate office in India to service its partners in South Asia and the &lt;br&gt;appointment of a Technical Services Engineer to provide on-site &lt;br&gt;services. Management visited India several times to assist with the &lt;br&gt;marketing launch of our resin. &lt;br&gt;--The same Cereplast Hybrid Resins(R) grade utilized for the safety helmet &lt;br&gt;application was qualified by a large converter of S-B Polymers to make &lt;br&gt;bioplastic buckets. This potential customer is one of three dedicated &lt;br&gt;converters who manufacture buckets for a large consumer products company &lt;br&gt;in India. This relationship has a projected demand of several thousand &lt;br&gt;tons per month. &lt;br&gt;--Each of these opportunities in India would allow us to monetize the &lt;br&gt;inventory recouped from our European customers. &lt;br&gt;--A.R.M.Y. made a formal presentation of Cereplast&amp;#39;s Compostable 3002 &lt;br&gt;resin to the engineering and marketing departments of "Tirumala &lt;br&gt;Thirupathi Devastanam," an independent trust which manages the Tirumala &lt;br&gt;Venkateswara Temple, the largest shrine in the world. The presentation &lt;br&gt;resulted in the commercial test of 25,000 bags over a 60 day period to &lt;br&gt;test strength and reception of the product. &lt;br&gt;--The Italian government has reinstated legislation calling for the ban of &lt;br&gt;non-compostable resins. Management believes this legislation will be &lt;br&gt;implemented by the end of 2012. &lt;br&gt;--Several large supermarket chains have expressed an interest in Cereplast &lt;br&gt;Compostables(R) resins for bags and orders have been made to test the &lt;br&gt;product. &lt;br&gt;--Cereplast successfully tested their Hybrid 101 product for fruit and &lt;br&gt;vegetable shipping baskets. The addressable market for this application &lt;br&gt;is several thousand tons per month. &lt;br&gt;--Cereplast Hybrid 651D wins MATERIALICA Design + Technology 2012 silver &lt;br&gt;award for outstanding innovation in the "Material" category. &lt;br&gt;&lt;br&gt;2012 Third Quarter and First Nine Months Financial Results: &lt;br&gt;&lt;br&gt;Net sales for the three months ended September 30, 2012 were approximately &lt;br&gt;$477,000, compared to $5.4 million for the same period in 2011. Net sales for the &lt;br&gt;first nine months of 2012 were approximately $0.8 million, compared to $20.2 &lt;br&gt;million in the same period in 2011. The decrease in sales was due to &lt;br&gt;transitioning significant resources and efforts toward recovery of past due &lt;br&gt;accounts receivables from customers and minimizing any additional exposure to our &lt;br&gt;accounts receivable credit risk. Our current period sales were primarily prepaid &lt;br&gt;shipments of sample materials and nominal shipments to established existing &lt;br&gt;customers with low risk credit limits. &lt;br&gt;&lt;br&gt;Cost of sales for the three months ended September 30, 2012 were approximately &lt;br&gt;$910,000, compared to $4.5 million for the same period in 2011. Costs of sales &lt;br&gt;for the first nine months of 2012 were approximately $2.1 million, compared to &lt;br&gt;$17.7 million for the same period in 2011. The decline in cost of sales is due to &lt;br&gt;our lower variable manufacturing costs from our reduced sales volumes and &lt;br&gt;reduction in manufacturing overhead through reduced supplies and headcount. &lt;br&gt;&lt;br&gt;Research and development expenses for the three months ended September 30, 2012 &lt;br&gt;were approximately $115,000, compared to $280,000 for the same period in 2011. &lt;br&gt;Research and development expenses for the first nine months of 2012 were $0.4 &lt;br&gt;million, compared to approximately $0.8 million for the same period in 2011. Our &lt;br&gt;decrease in research and development expenses was primarily attributable to lower &lt;br&gt;outside services costs related to our current projects. &lt;br&gt;&lt;br&gt;Selling, general and administrative expenses for the three months ended September &lt;br&gt;30, 2012 were approximately $6.4 million, compared to $3.7 million for the same &lt;br&gt;period in 2011. Selling, general and administrative expenses for the first nine &lt;br&gt;months of 2012 were $9.3 million, compared to $8.5 million for the same period in &lt;br&gt;2011. Our increase in sales, general and administrative expenses was primarily &lt;br&gt;due to an increase in our allowance for doubtful accounts of $4.8 million during &lt;br&gt;the third quarter of 2012, offset by reduced headcount and variable sales and &lt;br&gt;marketing expenses due to lower sales volume in the current year. &lt;br&gt;&lt;br&gt;Other income and expense, net for the three months ended September 30, 2012 was &lt;br&gt;approximately 3.0 million, compared to $0.5 million for the same period in 2011. &lt;br&gt;Other income and expense, net for the first nine months of 2012 was $5.2 million, &lt;br&gt;as compared to $1.0 million in the same period in 2011. The increase was &lt;br&gt;primarily related to additional interest expense related to the issuance of our &lt;br&gt;convertible debentures in May 2011, the impact from our Forbearance and Exchange &lt;br&gt;Agreement with certain holders of our convertible debentures and the change in &lt;br&gt;our derivative liability related to our warrants. &lt;br&gt;&lt;br&gt;On the balance sheet, the Company had approximately $237,000 in cash and $7.3 &lt;br&gt;million in accounts receivable, net of allowance for doubtful accounts. Current &lt;br&gt;assets and total assets were $14.1 million and $25.5 million respectively. &lt;br&gt;Current liabilities and total liabilities were $9.0 million and $22.1 million &lt;br&gt;respectively. Total shareholders&amp;#39; equity was $3.3 million as of September 30, &lt;br&gt;2012, with approximately 29 million shares of common stock issued and &lt;br&gt;outstanding. &lt;br&gt;&lt;br&gt;Conference Call &lt;br&gt;Details: &lt;br&gt;Date:Wednesday, November 14, 2012 &lt;br&gt;Time:4:30 p.m. EST &lt;br&gt;Dial-In:(877) 312-5508 &lt;br&gt;International &lt;br&gt;Dial-In:(253) 237-1135 &lt;br&gt;&lt;a class='ExternURL' href='http://investor.cereplast.com/eve' target='_blank' &gt;investor.cereplast.com&lt;/a&gt; &lt;br&gt;Live Webcast:nts.cfm &lt;br&gt;&lt;br&gt;A live webcast and archive of the call will also be available on the Investor &lt;br&gt;Relations section of Cereplast&amp;#39;s website at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. If you are &lt;br&gt;unable to participate on the call at this time, a telephonic replay will be &lt;br&gt;available for three days starting two hours after the conclusion of the call. To &lt;br&gt;access the telephonic replay, dial 855-859-2056, international callers dial &lt;br&gt;404-537-3406, and enter the Conference ID 64671679. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes-such as injection molding, thermoforming, blow molding &lt;br&gt;and extrusions-at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;Safe Harbor Statement &lt;br&gt;&lt;br&gt;Matters discussed in this press release contain forward-looking statements within &lt;br&gt;the meaning of the Private Securities Litigation Reform Act of 1995. When used in &lt;br&gt;this press release, the words "anticipate," "believe," "estimate," "may," &lt;br&gt;"intend," "expect" and similar expressions identify such forward-looking &lt;br&gt;statements. Actual results, performance or achievements could differ materially &lt;br&gt;from those contemplated, expressed or implied by the forward-looking statements &lt;br&gt;contained herein. These forward-looking statements are based largely on the &lt;br&gt;expectations of the Company and are subject to a number of risks and &lt;br&gt;uncertainties. These include, but are not limited to, risks and uncertainties &lt;br&gt;associated with: the impact of economic, competitive and other factors affecting &lt;br&gt;the Company and its operations, markets, product, and distributor performance, &lt;br&gt;the impact on the national and local economies resulting from terrorist actions, &lt;br&gt;and U.S. actions subsequently; and other factors detailed in reports filed by the &lt;br&gt;Company. &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED STATEMENTS OF OPERATIONS &lt;br&gt;(unaudited, in thousands, except per share data) &lt;br&gt;&lt;br&gt;Three Months EndedNine Months Ended &lt;br&gt;-------------------------------------------- &lt;br&gt;&lt;br&gt;SeptemberSeptemberSeptemberSeptember &lt;br&gt;30, 201230, 201130, 201230, 2011 &lt;br&gt;---------------------------------------- &lt;br&gt;Gross Product Sales$ 481$ 5,414$ 786$ 20,849 &lt;br&gt;Sales Discounts, Returns and &lt;br&gt;Allowances(4)(45)(16)(628) &lt;br&gt;---------------------------------------- &lt;br&gt;Net Sales4775,36977020,221 &lt;br&gt;&lt;br&gt;Cost of Goods Sold9104,4752,09317,701 &lt;br&gt;---------------------------------------- &lt;br&gt;Gross Profit (Loss)(433)894(1,323)2,520 &lt;br&gt;&lt;br&gt;Operating Expenses: &lt;br&gt;Research and Development115280371789 &lt;br&gt;Selling, General and &lt;br&gt;Administrative6,4103,6899,2868,457 &lt;br&gt;---------------------------------------- &lt;br&gt;&lt;br&gt;Total Operating Expenses6,5253,9699,6579,246 &lt;br&gt;---------------------------------------- &lt;br&gt;Operating Loss(6,958)(3,075)(10,980)(6,726) &lt;br&gt;&lt;br&gt;Debt Extinguishment Costs----(427)-- &lt;br&gt;Loss on Derivative Liability47--(52)-- &lt;br&gt;Interest and Other Income----18-- &lt;br&gt;&lt;br&gt;Interest Expense(3,057)(513)(4,834)(999) &lt;br&gt;---------------------------------------- &lt;br&gt;Loss Before Provision for &lt;br&gt;Income Taxes(9,968)(3,588)(16,275)(7,725) &lt;br&gt;&lt;br&gt;Provision for Income Taxes-------- &lt;br&gt;---------------------------------------- &lt;br&gt;&lt;br&gt;Net Loss$ (9,968)$ (3,588)$ (16,275)$ (7,725) &lt;br&gt;======================================== &lt;br&gt;Net Loss Per Share--Basic and &lt;br&gt;Diluted$ (0.40)$ (0.23)$ (0.77)$ (0.50) &lt;br&gt;======================================== &lt;br&gt;Weighted Average Common &lt;br&gt;Shares Outstanding--Basic &lt;br&gt;and Diluted24,739,44915,777,79321,242,11515,470,324 &lt;br&gt;======================================== &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED BALANCE SHEETS &lt;br&gt;(in thousands, except shares data) &lt;br&gt;&lt;br&gt;SeptemberDecember &lt;br&gt;30, 201231, 2011 &lt;br&gt;------------------- &lt;br&gt;(Unaudited) &lt;br&gt;ASSETS &lt;br&gt;Current Assets &lt;br&gt;Cash$237$3,940 &lt;br&gt;Accounts Receivable, Net7,29314,744 &lt;br&gt;Inventory, Net5,4244,406 &lt;br&gt;Prepaid Expenses and Other &lt;br&gt;Current Assets1,136966 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Current Assets14,09024,056 &lt;br&gt;------------------- &lt;br&gt;Property and Equipment &lt;br&gt;Property and Equipment13,83613,752 &lt;br&gt;Accumulated Depreciation &lt;br&gt;and Amortization(3,668)(3,151) &lt;br&gt;------------------- &lt;br&gt;Property and Equipment, &lt;br&gt;Net10,16810,601 &lt;br&gt;------------------- &lt;br&gt;Other Assets &lt;br&gt;Restricted Cash4343 &lt;br&gt;Deferred Loan Costs8671,321 &lt;br&gt;Intangible Assets, Net248183 &lt;br&gt;&lt;br&gt;Deposits4747 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Other Assets1,2051,594 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Assets$25,463$36,251 &lt;br&gt;=================== &lt;br&gt;LIABILITIES AND &lt;br&gt;SHAREHOLDERS&amp;#39; EQUITY &lt;br&gt;Current Liabilities &lt;br&gt;Accounts Payable$1,134$1,813 &lt;br&gt;Accrued Expenses3,0492,760 &lt;br&gt;Capital Leases, Current &lt;br&gt;Portion7773 &lt;br&gt;Loan Payable, Current &lt;br&gt;Portion4,0231,855 &lt;br&gt;Convertible Subordinated &lt;br&gt;Notes, Current Portion357-- &lt;br&gt;&lt;br&gt;Derivative Liability344-- &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Current Liabilities8,9846,501 &lt;br&gt;------------------- &lt;br&gt;Long-Term Liabilities &lt;br&gt;Loan Payable4,4237,307 &lt;br&gt;Convertible Subordinated &lt;br&gt;Notes8,53212,500 &lt;br&gt;&lt;br&gt;Capital Leases, Long-Term191245 &lt;br&gt;------------------- &lt;br&gt;Total Long-Term &lt;br&gt;Liabilities13,14620,052 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Liabilities22,13026,553 &lt;br&gt;------------------- &lt;br&gt;Shareholders&amp;#39; Equity &lt;br&gt;Preferred Stock, $0.001 par &lt;br&gt;value; 5,000,000 shares &lt;br&gt;authorized; 73 and 0 &lt;br&gt;shares issued and &lt;br&gt;outstanding at September &lt;br&gt;30, 2012 and December 31, &lt;br&gt;2011, respectively---- &lt;br&gt;Common Stock, $0.001 par &lt;br&gt;value; 495,000,000 shares &lt;br&gt;authorized; 28,989,829 and &lt;br&gt;18,933,139 shares issued &lt;br&gt;and outstanding at &lt;br&gt;September 30, 2012 and &lt;br&gt;December 31, 2011, &lt;br&gt;respectively2919 &lt;br&gt;Additional Paid in Capital76,39866,524 &lt;br&gt;Accumulated Deficit(73,210)(56,935) &lt;br&gt;Accumulated Other &lt;br&gt;Comprehensive Income11286 &lt;br&gt;------------------- &lt;br&gt;3,3299,694 &lt;br&gt;&lt;br&gt;Noncontrolling Interests44 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Equity3,3339,698 &lt;br&gt;------------------- &lt;br&gt;Total Liabilities and &lt;br&gt;Shareholders&amp;#39; Equity$25,463$36,251 &lt;br&gt;=================== &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED STATEMENTS OF CASH FLOWS &lt;br&gt;(unaudited, in thousands, except shares data) &lt;br&gt;&lt;br&gt;Nine Months Ended &lt;br&gt;--------------------- &lt;br&gt;&lt;br&gt;SeptemberSeptember &lt;br&gt;30, 201230, 2011 &lt;br&gt;------------------- &lt;br&gt;CASH FLOWS FROM OPERATING ACTIVITIES: &lt;br&gt;Net Loss$ (16,275)$ (7,725) &lt;br&gt;Adjustment to Reconcile Net Loss to &lt;br&gt;Net Cash Used in Operating &lt;br&gt;Activities &lt;br&gt;Depreciation and Amortization536694 &lt;br&gt;Allowance for Doubtful Accounts5,0821,780 &lt;br&gt;Common Stock Issued for Services, &lt;br&gt;Salaries and Wages160874 &lt;br&gt;Amortization of Loan Discount3,22357 &lt;br&gt;Impairment of Intangible Assets--64 &lt;br&gt;Extinguishment of Convertible Debt368-- &lt;br&gt;Loss on Derivative Liability52-- &lt;br&gt;Changes in Operating Assets and &lt;br&gt;Liabilities &lt;br&gt;Accounts Receivable537(15,609) &lt;br&gt;Deferred Loan Costs458223 &lt;br&gt;Inventory814(2,095) &lt;br&gt;Deposits--(35) &lt;br&gt;Prepaid Expenses(171)(1,514) &lt;br&gt;Accounts Payable659269 &lt;br&gt;&lt;br&gt;Accrued Expenses288864 &lt;br&gt;------------------- &lt;br&gt;NET CASH USED IN OPERATING &lt;br&gt;ACTIVITIES(4,269)(22,153) &lt;br&gt;------------------- &lt;br&gt;CASH FLOWS FROM INVESTING ACTIVITIES: &lt;br&gt;Purchase of Property and Equipment, &lt;br&gt;and Intangibles(180)(1,290) &lt;br&gt;&lt;br&gt;Proceeds from Sale of Equipment15-- &lt;br&gt;------------------- &lt;br&gt;NET CASH USED IN INVESTING &lt;br&gt;ACTIVITIES(165)(1,290) &lt;br&gt;------------------- &lt;br&gt;CASH FLOWS FROM FINANCING ACTIVITIES: &lt;br&gt;Payments on Capital Leases(50)(13) &lt;br&gt;Proceeds from Capital Leases--96 &lt;br&gt;Noncontrolling Interest Activities--4 &lt;br&gt;Payments made on Notes Payable(603)-- &lt;br&gt;Proceeds from Loan Payable, Net of &lt;br&gt;Loan Costs--2,500 &lt;br&gt;Proceeds from Convertible Notes, Net &lt;br&gt;of Issuance Costs60011,225 &lt;br&gt;Proceeds from Issuance of Common &lt;br&gt;Stock and Subscriptions, Net of &lt;br&gt;Issuance Costs40011,363 &lt;br&gt;Proceeds from Issuance of Preferred &lt;br&gt;Stock, Net of Issuance Costs400-- &lt;br&gt;------------------- &lt;br&gt;NET CASH (USED) PROVIDED BY &lt;br&gt;FINANCING ACTIVITIES74725,175 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;FOREIGN CURRENCY TRANSLATION(15)(93) &lt;br&gt;------------------- &lt;br&gt;NET INCREASE (DECREASE) IN CASH(3,702)1,639 &lt;br&gt;&lt;br&gt;CASH, BEGINNING OF PERIOD3,9402,391 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;CASH, END OF PERIOD$ 237$ 4,030 &lt;br&gt;=================== &lt;br&gt;SUPPLEMENTAL DISCLOSURE OF CASH FLOW &lt;br&gt;INFORMATION &lt;br&gt;Cash Paid During the Year For: &lt;br&gt;Interest$ 460$ 417 &lt;br&gt;Income Taxes$ --$ -- &lt;br&gt;SUPPLEMENTAL DISCLOSURE OF NON-CASH &lt;br&gt;TRANSACTIONS &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Robertson &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;nrobertson@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;a class='ExternURL' href='http://www.AllianceAdvisors.net' target='_blank' &gt;allianceadvisors.net&lt;/a&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28548766</link><pubDate>11/14/2012 9:03:44 PM</pubDate></item><item><title>[Savant] Cereplast Hybrid 651D Wins MATERIALICA Design + Technology 2012 Silver Award in ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Hybrid 651D Wins MATERIALICA Design + Technology 2012 Silver Award in &lt;br&gt;the Material Category &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Oct 24, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced that Cereplast Hybrid 651D has won the MATERIALICA Design + &lt;br&gt;Technology 2012 silver award for outstanding innovation in the "Material" &lt;br&gt;category. The awards ceremony took place in Munich, Germany at the 15th annual &lt;br&gt;trade fair, MATERIALICA--Lightweight Design for New Mobility, on the evening of &lt;br&gt;October 23, 2012. &lt;br&gt;&lt;br&gt;A distinguished panel of judges scrutinized approximately 100 submissions in &lt;br&gt;consideration for the 10th MATERIALICA Design + Technology Award. The jury &lt;br&gt;included the following material and design experts: Christian Labonte (Audi), &lt;br&gt;Nina Saller (designaffairs), Prof. Peter Naumann (University Munich), Prof. &lt;br&gt;Dr.-Ing. Karl Reiling (University Landshut), and Dr. Ing. Christoph Konetschny &lt;br&gt;(Materialsgate--Office for Material and Technology Consulting). Cereplast Hybrid &lt;br&gt;651D was the sole bioplastic material to be nominated for and to win the &lt;br&gt;prestigious MATERIALICA award. &lt;br&gt;&lt;br&gt;The first EA and starch hybrid resin, Cereplast Hybrid 651D is an innovative &lt;br&gt;solution for applications that require durability, flexibility and toughness. &lt;br&gt;Hybrid 651D is a tough, soft touch, pliable material that is ideal for extrusions &lt;br&gt;and soft injection moldable applications, providing the desirable properties of &lt;br&gt;conventional EA while offering a lower carbon footprint and expanding the range &lt;br&gt;of properties available for durable bioplastic materials. It can be used for the &lt;br&gt;manufacture of consumer goods and packaging, footwear, handbags and other fashion &lt;br&gt;accessories, as well as wire and cable insulation, soft plastic goods such as &lt;br&gt;tubes and hoses and adhesion layers for multi-layer films. Hybrid 651D can be &lt;br&gt;processed on existing, conventional processing equipment. &lt;br&gt;&lt;br&gt;MATERIALICA is Europe&amp;#39;s top event for material-driven and supplier-oriented &lt;br&gt;product innovations. The future-oriented innovative field of "lightweight design" &lt;br&gt;continues to set the course for a new age in electric mobility, aerospace, new &lt;br&gt;energy and automotive industries as well as groundbreaking product developments &lt;br&gt;in the sports and leisure arena. As such, the focus of this year&amp;#39;s MATERIALICA &lt;br&gt;Awards was "Lightweight Design Competency for the Next Product Generation." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Robertson &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;nrobertson@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;a class='ExternURL' href='http://www.AllianceAdvisors.net' target='_blank' &gt;allianceadvisors.net&lt;/a&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28497405</link><pubDate>10/24/2012 8:01:50 PM</pubDate></item><item><title>[Savant] Cereplast to Exhibit at MATERIALICA 2012 in Munich, Germany   Cereplast's Hybrid...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast to Exhibit at MATERIALICA 2012 in Munich, Germany &lt;br&gt;&lt;br&gt;Cereplast&amp;#39;s Hybrid 651D Selected as Finalist in "Material" Category &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Oct 16, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable plastics, &lt;br&gt;today announced the Company&amp;#39;s participation as an exhibitor at MATERIALICA 2012, &lt;br&gt;the 15th International Trade Fair for Materials Applications, Surface Technology, &lt;br&gt;and Product Engineering. The event takes place on October 23rd through the 25th, &lt;br&gt;2012 at the Munich Trade Fair Center in Munich, Germany. &lt;br&gt;&lt;br&gt;Cereplast&amp;#39;s Hybrid 651D has been selected for the MATERIALICA 2012 award in the &lt;br&gt;"Material" category. The silver, gold and "best-of" awards will be announced &lt;br&gt;during the awards ceremony on October 23, 2012. &lt;br&gt;&lt;br&gt;MATERIALICA is Europe&amp;#39;s top event for material-driven and supplier-oriented &lt;br&gt;product innovations. The Fair will attract over 600 exhibitors and more than &lt;br&gt;15,000 people who are expected to attend. &lt;br&gt;&lt;br&gt;"MATERIALICA 2012 is an important show for us, as it is the largest exhibition of &lt;br&gt;its kind taking place in Europe this year," stated Founder, Chairman and CEO of &lt;br&gt;Cereplast, Inc., Frederic Scheer. "Europe continues to be an important market for &lt;br&gt;the Company, and our presence at MATERIALICA gives us an opportunity to expose &lt;br&gt;our innovative bioplastic materials to a large, international audience and to be &lt;br&gt;recognized as a truly innovative company." &lt;br&gt;&lt;br&gt;At MATERIALICA, Cereplast will feature their Cereplast Sustainables &lt;br&gt;("Biopolyolefins(R)") product line, which replaces up to 95+% of the petroleum &lt;br&gt;content in conventional plastics and can be used in a range of markets including &lt;br&gt;automotive, consumer goods and electronics, medical supplies, and construction. &lt;br&gt;Cereplast will also feature its Cereplast Compostables(R) resins, which are &lt;br&gt;industrially compostable alternatives to traditional plastics that can be used &lt;br&gt;for single-use disposables and packaging including cups, straws, cutlery and &lt;br&gt;bags. &lt;br&gt;&lt;br&gt;Cereplast welcomes all MATERIALICA attendees to visit them in Hall B1 at booth &lt;br&gt;number 131. &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28497404</link><pubDate>10/24/2012 8:01:44 PM</pubDate></item><item><title>[Savant] Cereplast Begins Selling First Hybrid Resins Application In India   Last Update:...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Begins Selling First Hybrid Resins Application In India &lt;br&gt;&lt;br&gt;Last Update: 10/10/2012 8:00:21 AM&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28497402</link><pubDate>10/24/2012 8:00:07 PM</pubDate></item><item><title>[Savant] Cereplast Opens Corporate Office in India to Support South Asian Bioplastic  Mar...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Opens Corporate Office in India to Support South Asian Bioplastic &lt;br&gt;Market Growth Initiative &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Aug 28, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;announced today that it has opened a corporate office in Hyderabad, capital of &lt;br&gt;the Indian state Andhra Pradesh, to service its partners in South Asia. &lt;br&gt;&lt;br&gt;The new office will provide a direct pipeline between its South Asian partners &lt;br&gt;and Cereplast&amp;#39;s US headquarters to streamline communication between all parties. &lt;br&gt;The suite of services offered will include technical support, marketing support &lt;br&gt;and business development. The office is located within the offices of A.R.M.Y &lt;br&gt;Marketing Services Ltd., Cereplast&amp;#39;s partner in India, at Flat No: 301, House No: &lt;br&gt;3-6-322 Mahaveer House, Basheerbagh Hyderabad - 500029, Andhra Pradesh, India. Of &lt;br&gt;India&amp;#39;s 28 states, Andhra Pradesh is the fourth largest state by area, and the &lt;br&gt;fifth largest by population. &lt;br&gt;&lt;br&gt;Frederic Scheer, Chairman and CEO of Cereplast, stated, "We are excited by the &lt;br&gt;growth opportunities in South Asia, and are committed to supporting our expansion &lt;br&gt;in the region, particularly in India, with the opening of our corporate office. &lt;br&gt;We are pleased to be in close proximity to our partner A.R.M.Y. who has extensive &lt;br&gt;experience and built credibility in the marketplace. Working closely with &lt;br&gt;A.R.M.Y., who has an extensive marketing network, will provide us the ideal &lt;br&gt;platform to grow in the region." &lt;br&gt;&lt;br&gt;Mr. Scheer continued, "India is the second most populated country in the world &lt;br&gt;with over 1.2 billion people. According to the National Geographic Greendex 2012 &lt;br&gt;report, Indian consumers rank the highest overall as the most &amp;#39;green&amp;#39; in the &lt;br&gt;world with 63% describing themselves as green; 33% are willing to pay more for &lt;br&gt;eco-friendly products, 49% avoid environmentally unfriendly products and 50% buy &lt;br&gt;eco-friendly products. This is a market with a rapidly growing demand for &lt;br&gt;bioplastic alternatives to conventional plastics, and we are poised to take &lt;br&gt;advantage of this opportunity."&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28366549</link><pubDate>8/28/2012 10:41:24 AM</pubDate></item><item><title>[Savant] Cereplast Hybrid 651D Nominated for MATERIALICA 2012 Award   EL SEGUNDO, Calif.,...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Hybrid 651D Nominated for MATERIALICA 2012 Award &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Aug 23, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced that Hybrid 651D has been nominated for the MATERIALICA 2012 &lt;br&gt;award in the "Material" category. Out of approximately one hundred submissions, &lt;br&gt;eight materials, including Cereplast Hybrid 651D, were selected for the &lt;br&gt;"Material" category. Cereplast&amp;#39;s Hybrid 651D is the only bioplastic material that &lt;br&gt;was nominated for this year&amp;#39;s award. The silver, gold and "best-of" awards will &lt;br&gt;be announced during the awards ceremony on October 23, 2012 at MATERIALICA 2012, &lt;br&gt;the 15th International Trade Fair for Materials Applications, Surface Technology &lt;br&gt;and Product Engineering, which will take place at the Munich Trade Fair Center. &lt;br&gt;&lt;br&gt;MATERIALICA is Europe&amp;#39;s top event for material-driven and supplier-oriented &lt;br&gt;product innovations. The future-oriented innovative field of "lightweight design" &lt;br&gt;continues to set the course for a new age in electric mobility, aerospace, new &lt;br&gt;energy and automotive industries as well as groundbreaking product developments &lt;br&gt;in the sports and leisure arena. This is why the trade fair MATERIALICA is &lt;br&gt;specifically highlighting Lightweight Design this year. The focus will be on &lt;br&gt;innovative lightweight concepts for the consumer sectors mentioned above. &lt;br&gt;&lt;br&gt;A new addition to the Cereplast Hybrid Resins(R) product line, Hybrid 651D is the &lt;br&gt;first EA and starch hybrid resin. Hybrid 651D is a tough, soft touch, pliable &lt;br&gt;material that is ideal for extrusions and soft injection moldable applications, &lt;br&gt;providing the desirable properties of conventional EA while offering a lower &lt;br&gt;carbon footprint and expanding the range of properties available for durable &lt;br&gt;bioplastic materials. It can be used for the manufacture of consumer goods and &lt;br&gt;packaging, footwear, handbags and other fashion accessories, as well as wire and &lt;br&gt;cable insulation, soft plastic goods such as tubes and hoses and adhesion layers &lt;br&gt;for multi-layer films. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;a class='ExternURL' href='http://www.AllianceAdvisors.net' target='_blank' &gt;allianceadvisors.net&lt;/a&gt; &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28366504</link><pubDate>8/28/2012 10:28:58 AM</pubDate></item><item><title>[Savant] Cereplast Appoints Technical Services Engineer for On-Site Customer Service in I...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Appoints Technical Services Engineer for On-Site Customer Service in India &lt;br&gt;&lt;br&gt;Aug 21, 2012 08:00:09 (ET) &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Aug 21, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. (CERP, Trade ), a leading manufacturer of proprietary biobased, sustainable bioplastics, today announced the appointment of T. Ram Singh as Technical Services Engineer to support Cereplast&amp;#39;s customer base in India with regular on-site services. Mr. Singh will manage production and trial runs, and will provide guidance on process conditions, equipment setup and troubleshooting issues. &lt;br&gt;&lt;br&gt;"The addition of Mr. Singh is a welcome and necessary step for our company as we work diligently in the short term to facilitate the liquidation of our inventory with our partners in India, and build new and existing long-lasting customer relationships," stated Cereplast Chairman and CEO Mr. Frederic Scheer. "Having feet on the ground in India will allow us to act in a quicker and more efficient manner going forward. Mr. Singh will facilitate a direct line of communication between the Cereplast team and our partners in India, providing ongoing support. India presents an immense opportunity for our product base as it is currently the world&amp;#39;s third largest consumer of polymers with approximately 6% market share. Governmental policies and a growing economy have sparked a rise in the continued growth of the polymer market in this region. This addition to our team is a key milestone as we continue to explore activities in the Indian region." &lt;br&gt;&lt;br&gt;Mr. Singh has over eighteen years of experience in Injection and Blow Molding, Extrusion Processes and Product Design and Development in the plastics industry. He has worked with Savola Packaging Systems, Sanjay Polymers, KN Petrochemicals and S.H. Polymers, among others. &lt;br&gt;&lt;br&gt;Mr. Singh has an MBA and a Bachelor of Science from Osmania University in Hyderabad, India, a post-graduate degree in Plastics Processing Technology from the Central Institute of Plastics Engineering and Technology (CIPET) and a post-graduate degree in Marketing and Sales Management from Bharatiya Vidya Bhavans College of Communications and Management. CIPET is an ISO 9001:2008 QMS, NABL, ISO/IEC 17020 accredited premier national institution devoted to Academic, Technology Support and Research (ATR) activities for the growth of plastics and allied industries in India. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP, Trade ) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, www.globenewswire.com &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28352818</link><pubDate>8/22/2012 11:26:20 AM</pubDate></item><item><title>[Savant] Cereplast Announces 2012 Second Quarter Financial Results   EL SEGUNDO, Calif., ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Announces 2012 Second Quarter Financial Results &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Aug 14, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced its financial results for the second quarter ending June 30, &lt;br&gt;2012. &lt;br&gt;&lt;br&gt;"Bringing liquidity into our company and controlling our costs has remained the &lt;br&gt;focus of the entire management team," stated Cereplast Chairman and Chief &lt;br&gt;Executive Officer, Mr. Frederic Scheer. "We continue to make progress with our &lt;br&gt;partner in India to distribute the Cereplast Hybrid Resins(R) products. We remain &lt;br&gt;excited about this relationship, as we believe it will resolve our receivables &lt;br&gt;issue in the near term while opening the door to multiple revenue generating &lt;br&gt;opportunities. I recently visited Hyderabad with key members from Cereplast&amp;#39;s &lt;br&gt;senior management team; we met with our partners in India to review the strategy &lt;br&gt;and progress to date. Based on the trials that have been completed, several &lt;br&gt;parties have been identified that are interested in purchasing up to 2000 tons &lt;br&gt;per month depending on the application." &lt;br&gt;&lt;br&gt;Mr. Scheer continued, "Although the financial constraints forced us to conserve &lt;br&gt;our working capital, we have maintained our existing research and development &lt;br&gt;capability, and as a result we have been awarded patent protection for high heat &lt;br&gt;resistant polymer composition formulations having polylactic acid. This further &lt;br&gt;improvement of our already valuable intellectual property portfolio, coupled with &lt;br&gt;new distribution agreements with Albis to distribute bioplastic resins in the &lt;br&gt;United Kingdom and Ireland, enables us to maintain our optimism for the future of &lt;br&gt;Cereplast." &lt;br&gt;&lt;br&gt;Second Quarter 2012 and Recent Highlights: &lt;br&gt;&lt;br&gt;--The United States Patent and Trademark Office (USPTO) granted Cereplast &lt;br&gt;patent protection for high heat resistant polymer compositions having &lt;br&gt;polylactic acid (PLA). PLA has limitations in terms of melt strength and &lt;br&gt;heat resistance, which has restricted its use for high temperature &lt;br&gt;applications. In contrast, Cereplast&amp;#39;s high heat PLA compositions can be &lt;br&gt;industrially compostable and can retain their structural properties at &lt;br&gt;temperatures greater than 165 degrees Fahrenheit (74 degrees Celsius). &lt;br&gt;--Entered into a distribution agreement with Hamburg, Germany-based ALBIS &lt;br&gt;PLASTIC GMBH to supply Cereplast bioplastic resins to the United Kingdom &lt;br&gt;and Ireland. Cereplast has shipped the first purchase order to ALBIS &lt;br&gt;PLASTIC, who will distribute both Cereplast Compostables(R) resins, with &lt;br&gt;an emphasis on blown film grades and blow molding grades, as well as &lt;br&gt;Cereplast Sustainables(R) resins, including the Cereplast Hybrid &lt;br&gt;Resins(R) product line. This contract signifies the growing demand in &lt;br&gt;Europe for bioplastic resins, and expands Cereplast&amp;#39;s foothold on the &lt;br&gt;continent. &lt;br&gt;&lt;br&gt;2012 Second Quarter and First Six Months Financial Results: &lt;br&gt;&lt;br&gt;Net sales for the three months ended June 30, 2012 were approximately $190,000, &lt;br&gt;compared to $7.6 million for the same period in 2011. Net sales for the first six &lt;br&gt;months of 2012 totaled $293,000 as compared to $14.9 million for the first six &lt;br&gt;months of 2011. The decrease in sales over the prior year was due to our planned &lt;br&gt;transition of all our sales and marketing resources, as well as senior &lt;br&gt;management&amp;#39;s efforts toward recovery of past due accounts receivables from our &lt;br&gt;customers and minimizing any additional exposure to our accounts receivable &lt;br&gt;credit risk. Our current period sales were primarily to our established existing &lt;br&gt;U.S. customers with low risk credit limits and prepaid shipments of sample &lt;br&gt;material. &lt;br&gt;&lt;br&gt;Cost of sales for the three months ended June 30, 2012 were approximately &lt;br&gt;$545,000, compared to $6.7 million for the same period in 2011. Cost of sales for &lt;br&gt;the first six months of 2012 totaled $1.2 million as compared to $13.2 million &lt;br&gt;for the first six months of 2011. The decline in cost of sales is due to our &lt;br&gt;lower variable manufacturing costs from the Company&amp;#39;s reduced sales volumes and &lt;br&gt;reduction in manufacturing overhead through lower supplies utilization and &lt;br&gt;headcount attrition. &lt;br&gt;&lt;br&gt;Research and development expenses for the three months ended June 30, 2012 were &lt;br&gt;approximately $126,000, compared to approximately $259,000 for the same period of &lt;br&gt;2011, or a decline of over 51%. Research and development expenses for the first &lt;br&gt;six months of 2012 were approximately $255,000, compared to approximately &lt;br&gt;$509,000 for the first six months of 2011, or a decline of nearly 50%. The &lt;br&gt;decrease was primarily due to a reduction in legal expenses and outside services &lt;br&gt;used in our current product development projects. &lt;br&gt;&lt;br&gt;Selling, general and administrative expenses for the three months ended June 30, &lt;br&gt;2012 were approximately $1.7 million as compared to $2.7 million for the same &lt;br&gt;period in 2011. Selling, general and administrative expenses for the first six &lt;br&gt;months of 2012 totaled approximately $2.9 million as compared to $4.8 million for &lt;br&gt;the first six months of 2011, for a decline in both periods of over 39%. The &lt;br&gt;decrease was primarily due to reduced headcount and variable sales and marketing &lt;br&gt;expenses due to lower sales volume in the current year, offset by an increase in &lt;br&gt;our allowance for doubtful accounts of $0.5 million in the second quarter of &lt;br&gt;2012. &lt;br&gt;&lt;br&gt;Net loss for the three months ended June 30, 2012 was approximately $3.9 million &lt;br&gt;as compared to $2.4 million for the same period in 2011. Net loss for the first &lt;br&gt;six months of 2012 was approximately $6.7 million as compared to approximately &lt;br&gt;$4.1 million for the first six months of 2011. The increase in our net loss for &lt;br&gt;2012 was primarily due to a full period of interest expense related to the coupon &lt;br&gt;of our Convertible Debentures issued in May 2011, non-cash interest expense of &lt;br&gt;$734,000 recognized from our Forbearance Agreement with the holders of our &lt;br&gt;Convertible Debentures which reduced the conversion price in the Indenture from &lt;br&gt;$5.80 to $1.00 per share, debt extinguishment costs of $427,000 related to &lt;br&gt;exchange and retirement of $1 million of our Convertible Debentures and a loss of &lt;br&gt;$99,000 on the change of an embedded derivative within our Warrants. &lt;br&gt;&lt;br&gt;On the balance sheet, the Company had approximately $190,000 in cash and $14.3 &lt;br&gt;million in accounts receivable, net of allowance for doubtful accounts. Current &lt;br&gt;assets and total assets were $19.5 million and $31.2 million respectively. &lt;br&gt;Current liabilities and total liabilities were $6.4 million and $21.1 million &lt;br&gt;respectively, for working capital of $13.1 million. As of June 30, 2012, the &lt;br&gt;Company had approximately 21 million shares issued and outstanding. &lt;br&gt;&lt;br&gt;Conference Call Details: &lt;br&gt;Date:Tuesday, August 14, 2012 &lt;br&gt;Time:4:30 p.m. EDT &lt;br&gt;Dial-In:(877) 312-5508 &lt;br&gt;International &lt;br&gt;Dial-In:(253) 237-1135 &lt;br&gt;&lt;a class='ExternURL' href='http://investor.cereplast.com' target='_blank' &gt;investor.cereplast.com&lt;/a&gt; &lt;br&gt;Live Webcast:/events.cfm &lt;br&gt;&lt;br&gt;A live webcast and archive of the call will also be available on the Investor &lt;br&gt;Relations section of Cereplast&amp;#39;s website at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. If you are &lt;br&gt;unable to participate on the call at this time, a telephonic replay will be &lt;br&gt;available for three days starting two hours after the conclusion of the call. To &lt;br&gt;access the telephonic replay, dial 855-859-2056, international callers dial &lt;br&gt;404-537-3406, and enter the Conference ID 18839439. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;Safe Harbor Statement &lt;br&gt;&lt;br&gt;Matters discussed in this press release contain forward-looking statements within &lt;br&gt;the meaning of the Private Securities Litigation Reform Act of 1995. When used in &lt;br&gt;this press release, the words "anticipate," "believe," "estimate," "may," &lt;br&gt;"intend," "expect" and similar expressions identify such forward-looking &lt;br&gt;statements. Actual results, performance or achievements could differ materially &lt;br&gt;from those contemplated, expressed or implied by the forward-looking statements &lt;br&gt;contained herein. These forward-looking statements are based largely on the &lt;br&gt;expectations of the Company and are subject to a number of risks and &lt;br&gt;uncertainties. These include, but are not limited to, risks and uncertainties &lt;br&gt;associated with: the impact of economic, competitive and other factors affecting &lt;br&gt;the Company and its operations, markets, product, and distributor performance, &lt;br&gt;the impact on the national and local economies resulting from terrorist actions, &lt;br&gt;and U.S. actions subsequently; and other factors detailed in reports filed by the &lt;br&gt;Company. &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED BALANCE SHEETS &lt;br&gt;(in thousands, except shares data) &lt;br&gt;&lt;br&gt;June 30,December &lt;br&gt;201231, 2011 &lt;br&gt;------------------- &lt;br&gt;(Unaudited) &lt;br&gt;ASSETS &lt;br&gt;Current Assets &lt;br&gt;Cash$190$3,940 &lt;br&gt;Accounts Receivable, Net14,31814,744 &lt;br&gt;Inventory, Net4,0704,406 &lt;br&gt;Prepaid Expenses and Other &lt;br&gt;Current Assets964966 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Current Assets19,54224,056 &lt;br&gt;------------------- &lt;br&gt;Property and Equipment &lt;br&gt;Property and Equipment13,81313,752 &lt;br&gt;Accumulated Depreciation &lt;br&gt;and Amortization(3,492)(3,151) &lt;br&gt;------------------- &lt;br&gt;Property and Equipment, &lt;br&gt;Net10,32110,601 &lt;br&gt;------------------- &lt;br&gt;Other Assets &lt;br&gt;Restricted Cash4343 &lt;br&gt;Deferred Loan Costs1,0621,321 &lt;br&gt;Intangible Assets, Net217183 &lt;br&gt;&lt;br&gt;Deposits4747 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Other Assets1,3691,594 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Assets$31,232$36,251 &lt;br&gt;=================== &lt;br&gt;LIABILITIES AND &lt;br&gt;SHAREHOLDERS&amp;#39; EQUITY &lt;br&gt;Current Liabilities &lt;br&gt;Accounts Payable$1,411$1,813 &lt;br&gt;Accrued Expenses2,7942,760 &lt;br&gt;Capital Leases, Current &lt;br&gt;Portion7773 &lt;br&gt;Loan Payable, Current &lt;br&gt;Portion1,6551,855 &lt;br&gt;Convertible Subordinated &lt;br&gt;Notes, Current Portion164-- &lt;br&gt;&lt;br&gt;Derivative Liability297-- &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Current Liabilities6,3986,501 &lt;br&gt;------------------- &lt;br&gt;Long-Term Liabilities &lt;br&gt;Loan Payable6,6577,307 &lt;br&gt;Convertible Subordinated &lt;br&gt;Notes7,83112,500 &lt;br&gt;&lt;br&gt;Capital Leases, Long-Term206245 &lt;br&gt;------------------- &lt;br&gt;Total Long-Term &lt;br&gt;Liabilities14,69420,052 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Liabilities21,09226,553 &lt;br&gt;------------------- &lt;br&gt;Shareholders&amp;#39; Equity &lt;br&gt;Preferred Stock, $0.001 par &lt;br&gt;value; 5,000,000 shares &lt;br&gt;authorized and none &lt;br&gt;outstanding---- &lt;br&gt;Common Stock, $0.001 par &lt;br&gt;value; 495,000,000 shares &lt;br&gt;authorized; 21,027,204 and &lt;br&gt;18,933,139 shares issued &lt;br&gt;and outstanding at June &lt;br&gt;30, 2012 and December 31, &lt;br&gt;2011, respectively2119 &lt;br&gt;Additional Paid in Capital73,15066,524 &lt;br&gt;Accumulated Deficit(63,242)(56,935) &lt;br&gt;Accumulated Other &lt;br&gt;Comprehensive Income20786 &lt;br&gt;------------------- &lt;br&gt;10,1369,694 &lt;br&gt;&lt;br&gt;Noncontrolling Interests44 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Equity10,1409,698 &lt;br&gt;------------------- &lt;br&gt;Total Liabilities and &lt;br&gt;Shareholders&amp;#39; Equity$31,232$36,251 &lt;br&gt;=================== &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME &lt;br&gt;(unaudited, in thousands, except per share data) &lt;br&gt;&lt;br&gt;Three Months EndedSix Months Ended &lt;br&gt;-------------------------------------------- &lt;br&gt;&lt;br&gt;June 30,June 30,June 30,June 30, &lt;br&gt;2012201120122011 &lt;br&gt;---------------------------------------- &lt;br&gt;Gross Product Sales$191$8,149$305$15,435 &lt;br&gt;Sales Discounts, Returns and &lt;br&gt;Allowances(1)(538)(12)(583) &lt;br&gt;---------------------------------------- &lt;br&gt;Net Sales1907,61129314,852 &lt;br&gt;&lt;br&gt;Cost of Goods Sold5456,6881,18313,226 &lt;br&gt;---------------------------------------- &lt;br&gt;Gross Profit (Loss)(355)923(890)1,626 &lt;br&gt;&lt;br&gt;Operating Expenses: &lt;br&gt;Research and Development126259255509 &lt;br&gt;Selling, General and &lt;br&gt;Administrative1,6612,7242,8774,768 &lt;br&gt;---------------------------------------- &lt;br&gt;&lt;br&gt;Total Operating Expenses1,7872,9833,1325,277 &lt;br&gt;---------------------------------------- &lt;br&gt;Operating Loss(2,142)(2,060)(4,022)(3,651) &lt;br&gt;&lt;br&gt;Debt Extinguishment Costs(427)--(427)-- &lt;br&gt;Loss on Derivative Liability(99)--(99)-- &lt;br&gt;Interest and Other Income----18-- &lt;br&gt;&lt;br&gt;Interest Expense(1,253)(327)(1,777)(486) &lt;br&gt;---------------------------------------- &lt;br&gt;Loss Before Provision for &lt;br&gt;Income Taxes(3,921)(2,387)(6,307)(4,137) &lt;br&gt;&lt;br&gt;Provision for Income Taxes-------- &lt;br&gt;---------------------------------------- &lt;br&gt;Net Loss(3,921)(2,387)(6,307)(4,137) &lt;br&gt;Gain (Loss) on Foreign &lt;br&gt;Currency Translation1198121(39) &lt;br&gt;---------------------------------------- &lt;br&gt;&lt;br&gt;Total Comprehensive Loss($3,802)($2,379)($6,186)($4,176) &lt;br&gt;======================================== &lt;br&gt;Net Loss Per Share--Basic and &lt;br&gt;Diluted($0.20)($0.15)($0.32)($0.27) &lt;br&gt;======================================== &lt;br&gt;Weighted Average Common &lt;br&gt;Shares Outstanding--Basic &lt;br&gt;and Diluted19,947,20515,750,21719,471,44115,314,040 &lt;br&gt;======================================== &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED STATEMENTS OF CASH FLOWS &lt;br&gt;(unaudited, in thousands, except shares data) &lt;br&gt;&lt;br&gt;Six Months Ended &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;June 30,June 30, &lt;br&gt;20122011 &lt;br&gt;---------------- &lt;br&gt;CASH FLOWS FROM OPERATING ACTIVITIES: &lt;br&gt;Net Loss($6,307)($4,137) &lt;br&gt;Adjustment to Reconcile Net Loss to &lt;br&gt;Net Cash Used in Operating &lt;br&gt;Activities &lt;br&gt;Depreciation and Amortization356449 &lt;br&gt;Allowance for Doubtful Accounts52197 &lt;br&gt;Common Stock Issued for Services, &lt;br&gt;Salaries and Wages143747 &lt;br&gt;Amortization of Loan Discount77938 &lt;br&gt;Impairment of Intangible Assets--64 &lt;br&gt;Extinguishment of Convertible Debt348-- &lt;br&gt;Loss on Derivative Liability99-- &lt;br&gt;Changes in Operating Assets and &lt;br&gt;Liabilities &lt;br&gt;Accounts Receivable(95)(10,646) &lt;br&gt;Deferred Loan Costs26298 &lt;br&gt;Inventory336(544) &lt;br&gt;Deposits--(35) &lt;br&gt;Prepaid Expenses2(1,381) &lt;br&gt;Accounts Payable(402)341 &lt;br&gt;&lt;br&gt;Accrued Expenses341,192 &lt;br&gt;---------------- &lt;br&gt;NET CASH USED IN OPERATING &lt;br&gt;ACTIVITIES(3,924)(13,717) &lt;br&gt;---------------- &lt;br&gt;CASH FLOWS FROM INVESTING ACTIVITIES: &lt;br&gt;Purchase of Property and Equipment, &lt;br&gt;and Intangibles(125)(638) &lt;br&gt;&lt;br&gt;Proceeds from Sale of Equipment15-- &lt;br&gt;---------------- &lt;br&gt;NET CASH USED IN INVESTING &lt;br&gt;ACTIVITIES(110)(638) &lt;br&gt;---------------- &lt;br&gt;CASH FLOWS FROM FINANCING ACTIVITIES: &lt;br&gt;Payments on Capital Leases(36)(4) &lt;br&gt;Proceeds from Capital Leases--32 &lt;br&gt;Noncontrolling Interest Activities--4 &lt;br&gt;Payments made on Notes Payable(603)-- &lt;br&gt;Proceeds from Loan Payable, Net of &lt;br&gt;Loan Costs--2,500 &lt;br&gt;Proceeds from Convertible Notes, Net &lt;br&gt;of Issuance Costs45011,243 &lt;br&gt;Proceeds from Issuance of Common &lt;br&gt;Stock and Subscriptions, Net of &lt;br&gt;Issuance Costs48811,364 &lt;br&gt;---------------- &lt;br&gt;NET CASH (USED) PROVIDED BY &lt;br&gt;FINANCING ACTIVITIES29925,139 &lt;br&gt;---------------- &lt;br&gt;&lt;br&gt;FOREIGN CURRENCY TRANSLATION(15)(39) &lt;br&gt;---------------- &lt;br&gt;NET INCREASE (DECREASE) IN CASH(3,750)10,745 &lt;br&gt;&lt;br&gt;CASH, BEGINNING OF PERIOD3,9402,391 &lt;br&gt;---------------- &lt;br&gt;&lt;br&gt;CASH, END OF PERIOD$190$13,136 &lt;br&gt;================ &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28336011</link><pubDate>8/14/2012 7:19:00 PM</pubDate></item><item><title>[Savant] Cereplast, Inc. to Host 2012 Second Quarter Financial Results Conference Call on...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast, Inc. to Host 2012 Second Quarter Financial Results Conference Call on &lt;br&gt;Tuesday, August 14th at 4:30 p.m. EDT &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Aug 10, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced that Cereplast Chairman and CEO, Mr. Frederic Scheer, and Chief &lt;br&gt;Accounting Officer and Interim Chief Financial Officer, Mr. Michael Okada, will &lt;br&gt;host a conference call to discuss the financial results for the 2012 second &lt;br&gt;quarter ending June 30, 2012 on Tuesday, August 14, 2012 at 4:30 p.m. EDT. &lt;br&gt;&lt;br&gt;Conference Call Details: &lt;br&gt;Date:Tuesday, August 14, 2012 &lt;br&gt;Time:4:30 p.m. EDT &lt;br&gt;Dial-In:(877) 312-5508 &lt;br&gt;International &lt;br&gt;Dial-In:(253) 237-1135 &lt;br&gt;&lt;a class='ExternURL' href='http://investor.cereplast.com' target='_blank' &gt;investor.cereplast.com&lt;/a&gt; &lt;br&gt;Live Webcast:/events.cfm &lt;br&gt;&lt;br&gt;A live webcast and archive of the call will also be available on the Investor &lt;br&gt;Relations section of Cereplast&amp;#39;s website at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. If you are &lt;br&gt;unable to participate on the call at this time, a telephonic replay will be &lt;br&gt;available for three days starting two hours after the conclusion of the call. To &lt;br&gt;access the telephonic replay, dial 855-859-2056, international callers dial &lt;br&gt;404-537-3406, and enter the Conference ID 18839439. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast, and Youtube.com/Cereplastinc.&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28336004</link><pubDate>8/14/2012 7:17:01 PM</pubDate></item><item><title>[Savant] Cereplast Granted Patent for High Heat Resistant Polymer Compositions Having  Po...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Granted Patent for High Heat Resistant Polymer Compositions Having &lt;br&gt;Polylactic Acid (PLA) &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Jul 25, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced that the United States Patent and Trademark Office (USPTO) has &lt;br&gt;granted the Company patent protection for high heat resistant polymer &lt;br&gt;compositions having polylactic acid (PLA). USPTO-issued patent 8,222,320 expands &lt;br&gt;Cereplast&amp;#39;s growing intellectual property portfolio and protects the composition &lt;br&gt;formulation invented by Cereplast Chairman and CEO Mr. Frederic Scheer and Mr. &lt;br&gt;William E. Kelly of the Cereplast R&amp;amp;D team. &lt;br&gt;&lt;br&gt;PLA has limitations in terms of melt strength and heat resistance, which has &lt;br&gt;restricted its use for high temperature applications. In contrast, Cereplast&amp;#39;s &lt;br&gt;high heat PLA compositions can be industrially compostable and can retain their &lt;br&gt;structural properties at temperatures greater than 165 degrees Fahrenheit (74 &lt;br&gt;degrees Celsius). &lt;br&gt;&lt;br&gt;Scheer stated, "This new patent strengthens the Company&amp;#39;s leadership position in &lt;br&gt;the bioplastics industry by protecting our intellectual property, and is in line &lt;br&gt;with our long-term growth strategy as we continue to create grades of bioplastic &lt;br&gt;resin that meet the demands of the marketplace." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;a class='ExternURL' href='http://www.AllianceAdvisors.net' target='_blank' &gt;allianceadvisors.net&lt;/a&gt; &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28327393</link><pubDate>8/10/2012 6:15:44 PM</pubDate></item><item><title>[Savant] July 12, 2012   Cereplast Enters Into Distribution Agreement With ALBIS PLASTIC ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;July 12, 2012 &lt;br&gt;&lt;br&gt;Cereplast Enters Into Distribution Agreement With ALBIS PLASTIC GMBH &lt;br&gt;&lt;br&gt;ALBIS PLASTIC to Distribute Cereplast Resins in the United Kingdom and Ireland &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., July 12, 2012 (GLOBE NEWSWIRE) -- Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, today announced that it has entered into a distribution agreement with Hamburg, Germany-based ALBIS PLASTIC GMBH to supply Cereplast bioplastic resins to the United Kingdom and Ireland. &lt;br&gt;&lt;br&gt;Cereplast has shipped the first purchase order to ALBIS PLASTIC, who will distribute both Cereplast Compostables&amp;#174; resins, with an emphasis on blown film grades and blow molding grades, as well as Cereplast Sustainables&amp;#174; resins, including the Cereplast Hybrid Resins&amp;#174; product line. This contract signifies the growing demand in Europe for bioplastic resins, and expands Cereplast&amp;#39;s foothold on the continent. &lt;br&gt;&lt;br&gt;"Cereplast offers an excellent range of sustainable plastics which complements Albis&amp;#39; extensive green portfolio perfectly," stated Ian Mills, managing director of Albis UK. &lt;br&gt;&lt;br&gt;About ALBIS PLASTIC GMBH &lt;br&gt;&lt;br&gt;ALBIS PLASTIC is one of Europe&amp;#39;s leading companies in the distribution and compounding of technical thermoplastics. In addition to the product portfolio of well-known plastic manufacturers, ALBIS offers the plastic processing industry a diverse product range of high performance plastics, compound solutions and masterbatches. The Hamburg, Germany-based company has 16 subsidiaries and is represented in many European countries as well as the Far East and North America. ALBIS manufactures plastic compounds and masterbatches at three sites in Europe — Hamburg, Germany, Zulpich, Germany and Manchester, UK. Founded in 1961, ALBIS PLASTIC is a subsidiary company of OTTO KRAHN (GmbH &amp;amp; Co.) KG, a trading company founded in 1909. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (Nasdaq:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables&amp;#174; resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables&amp;#174; resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com. You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28263376</link><pubDate>7/12/2012 9:27:15 PM</pubDate></item><item><title>[Savant] Cereplast provides update on accounts receivable collection: agreement to recove...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast provides update on accounts receivable collection: agreement to recover $8.6 mln of outstanding receivables &lt;br&gt;Co has entered into an agreement with Singularis Solutions Pvt. Ltd. of Bangalore, India to distribute the Cereplast Hybrid Resins products that are currently under the control of two large European customers. Under the terms of the agreement, Singularis Solutions will purchase and distribute up to $8.6 mln of inventory between May 30, 2012 and August 30, 2012.&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28142884</link><pubDate>5/14/2012 9:16:27 AM</pubDate></item><item><title>[Savant] Cereplast, Inc. to Host 2011 Year-End Financial Results Conference Call on  Mond...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast, Inc. to Host 2011 Year-End Financial Results Conference Call on &lt;br&gt;Monday, April 16, 2012 at 4:30 p.m. EDT &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Apr 12, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced that Cereplast Chairman and CEO, Mr. Frederic Scheer, and Chief &lt;br&gt;Accounting Officer and Interim Chief Financial Officer, Mr. Michael Okada, will &lt;br&gt;host a conference call to discuss the financial results for the 2011 twelve-month &lt;br&gt;period ending December 31, 2011 on Monday, April 16, 2012 at 4:30 p.m. EDT. &lt;br&gt;&lt;br&gt;Conference Call &lt;br&gt;Details: &lt;br&gt;Date:Monday, April 16, 2012 &lt;br&gt;Time:4:30 p.m. EDT &lt;br&gt;Dial-In:(877) 312-5508 &lt;br&gt;International &lt;br&gt;Dial-In:(253) 237-1135 &lt;br&gt;&lt;a class='ExternURL' href='http://investor.cereplast.c' target='_blank' &gt;investor.cereplast.c&lt;/a&gt; &lt;br&gt;Live Webcast:om/events.cfm &lt;br&gt;&lt;br&gt;A live webcast and archive of the call will also be available on the Investor &lt;br&gt;Relations section of Cereplast&amp;#39;s website at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. If you are &lt;br&gt;unable to participate on the call at this time, a telephonic replay will be &lt;br&gt;available for three days starting two hours after the conclusion of the call. To &lt;br&gt;access the telephonic replay, dial 855-859-2056, international callers dial &lt;br&gt;404-537-3406, and enter the Conference ID 71639491. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast, and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;a class='ExternURL' href='http://www.AllianceAdvisors.net' target='_blank' &gt;allianceadvisors.net&lt;/a&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28086615</link><pubDate>4/17/2012 9:26:53 AM</pubDate></item><item><title>[Savant] Cereplast Reports 2011 Year End Financial Results   EL SEGUNDO, Calif., Apr 16, ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Reports 2011 Year End Financial Results &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Apr 16, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable plastics, &lt;br&gt;today announced its financial results for the year ending December 31, 2011. &lt;br&gt;&lt;br&gt;Frederic Scheer, Chairman and CEO of Cereplast, stated, "On a year over year &lt;br&gt;basis, revenue increased over 200% which is a significant growth rate for a &lt;br&gt;company of our size. While we faced some challenges with clients associated with &lt;br&gt;the economic downturn in Europe during 2011, our company was forced to reevaluate &lt;br&gt;and improve our risk management related to the financial structure of our working &lt;br&gt;relationships. We are confident these improvements will restore the financial &lt;br&gt;health of our company going forward. During the first quarter of 2012 we &lt;br&gt;continued to establish strong, new distribution partnerships worldwide broadening &lt;br&gt;our footprint in the industry while bringing innovative products to market, and &lt;br&gt;strengthening our team." &lt;br&gt;&lt;br&gt;2011 and Year to Date Operational Highlights: &lt;br&gt;&lt;br&gt;--Distribution Agreements: Cereplast entered into a distribution agreement &lt;br&gt;with Italy-based ColorTec to supply bioplastic resin to the Southern &lt;br&gt;Italian and Slovenian markets. Other distribution agreements include &lt;br&gt;BioWorks in Poland, Euroink in Romania, DMT Plasticolor in Croatia, Gama &lt;br&gt;Plastik in Turkey, and Mastercolor AB in Scandinavia, and we are &lt;br&gt;actively continuing to look beyond Europe and the Euro zone. &lt;br&gt;--DIN CERTCO Certifications: Three new resin grades, Compostable 3002, &lt;br&gt;Compostable 3010, and Compostable 3020, have received DIN CERTCO &lt;br&gt;certifications of compostability. DIN CERTCO is the most prominent &lt;br&gt;institute for standardization in Germany, and is highly regarded &lt;br&gt;world-wide. DIN CERTCO is one of two certifying bodies recognized by EU &lt;br&gt;Bioplastics for the certification of bioplastics, a requirement for &lt;br&gt;selling compostable resin in Europe. &lt;br&gt;--New Bioplastic Resin Grades: Unveiled several new technologically &lt;br&gt;advanced bioplastic resin grades at the International Plastics Showcase, &lt;br&gt;NPE 2012, especially in the biobased polyolefin segment of our business. &lt;br&gt;--Completed a Life Cycle Assessment of Cereplast resins showing major &lt;br&gt;environmental benefits. &lt;br&gt;--Appointed Paul Pelosi Jr. to the Board of Directors. &lt;br&gt;--Appointed Michael Okada as Chief Accounting Officer and Interim Chief &lt;br&gt;Financial Officer. &lt;br&gt;--Strengthened Sales Team: Added two plastics industry veterans to key &lt;br&gt;roles in North America and Europe. William G. Mashy has been appointed &lt;br&gt;as Vice President of Sales and Marketing of North America, and will lead &lt;br&gt;the Company&amp;#39;s strategy to maximize sales and profitability in the &lt;br&gt;region. Emilio Sitta has been appointed as Regional Sales Director in &lt;br&gt;Italy, and will identify new markets and drive sales for the Cereplast &lt;br&gt;Hybrid Resins(R) product line in the country. &lt;br&gt;&lt;br&gt;Bioplastics Industry Overview: &lt;br&gt;&lt;br&gt;According to Reportlinker, it is estimated that the industry will grow over 7 &lt;br&gt;fold in the global market for bioplastics reaching 1.9 million metric tons by &lt;br&gt;2017 compared to only 264,000 in 2007. Cereplast is at the heart of this movement &lt;br&gt;and will continue to see its growth be driven by both sales efforts and the &lt;br&gt;overall trends of the industry. The steady increase in the price of oil will &lt;br&gt;continue to make the cost of bioplastics more competitive, and will reduce the &lt;br&gt;market share for certain polyolefins such as the shrinking market for &lt;br&gt;polyethylene in Europe. &lt;br&gt;&lt;br&gt;New regulation continues to drive growth of the worldwide movement to ban the use &lt;br&gt;of traditional plastic bags. &lt;br&gt;&lt;br&gt;--Italy: Following legislation published by the Italian Parliament in &lt;br&gt;December 2010, which banned the use of polyethylene for bag &lt;br&gt;applications, the Parliament filed an Application Decree further &lt;br&gt;amending the details of the Law and implements strict enforceable &lt;br&gt;conditions. The Decree is enforcing large and costly sanctions from &lt;br&gt;2,500 euros to 25,000 euros per infraction for companies that do not &lt;br&gt;follow the legal requirements. This Decree is positive but it is &lt;br&gt;important to note that the sanctions will not go into effect for a few &lt;br&gt;months. &lt;br&gt;--Bulgaria: On October 1, 2011, Bulgaria implemented a tax on the use of &lt;br&gt;plastic bags. The tax will be increased each year from BGN 0.35 (USD &lt;br&gt;$0.23) per bag currently to BGN 0.55 (USD $0.37) per bag in 2014. &lt;br&gt;--China: In February 2008, China&amp;#39;s State Council enacted a nationwide ban &lt;br&gt;on plastic bags. The ban prohibits shops, supermarkets and sales outlets &lt;br&gt;from handing out free plastic bags and bans the production, sales and &lt;br&gt;use of ultra-thin plastic bags. &lt;br&gt;&lt;br&gt;Frederic Scheer, Chairman and CEO of Cereplast, continued, "Several external &lt;br&gt;issues related to the financial crisis in the Euro zone have negatively affected &lt;br&gt;our near term growth. We have experienced slower progress in the recovery of our &lt;br&gt;Accounts Receivables which has impacted our liquidity. Also, broadly speaking, &lt;br&gt;current and potential customers in Europe are having liquidity issues of their &lt;br&gt;own. The demand and need for our products are still strong, although we are &lt;br&gt;seeing an increased sales cycle due to economic risk. We are working diligently &lt;br&gt;with our European clients who have been affected by the Euro Zone financial &lt;br&gt;crisis on an amicable resolution. Due to progress taking longer than anticipated, &lt;br&gt;we are taking a more aggressive role in facilitating the sale of our inventory to &lt;br&gt;third parties and broadening our activities outside of Europe to North America &lt;br&gt;and Asia." &lt;br&gt;&lt;br&gt;2011 Financial Results: &lt;br&gt;&lt;br&gt;Net sales for the year ending December 31, 2011 totaled $20.3 million, an &lt;br&gt;increase of 219% or $13.9 million, as compared to $6.3 million for the year &lt;br&gt;ending December 31, 2010. The sales increase for the period is attributable to &lt;br&gt;volume increases associated with both existing customer contracts and new &lt;br&gt;contracts with European customers. Environmental legislation in Italy for &lt;br&gt;example, as well as the increased volatility in oil prices were key drivers of &lt;br&gt;demand for our bioplastic resins in the current year. &lt;br&gt;&lt;br&gt;Cost of sales include both fixed and variable costs, such as raw materials and &lt;br&gt;supplies, labor, facilities and other overhead costs associated with product &lt;br&gt;revenues. Cost of sales for the year ending December 31, 2011 totaled $18.2 &lt;br&gt;million, an increase of 247% and 90% of revenue, as compared to $5.2 million or &lt;br&gt;82.7% of revenue for the year ending December 31, 2010. The increase in cost of &lt;br&gt;sales year-over-year is attributable to two main factors. First, cost of sales in &lt;br&gt;the prior year period cannot be considered representative of normal sales or &lt;br&gt;operations as the Company was in the process of relocating production operations &lt;br&gt;from California to Indiana and therefore had minimal production during this &lt;br&gt;period in 2010. Second, cost of sales in the current period reflects the &lt;br&gt;tremendous growth in sales volume from the prior year. &lt;br&gt;&lt;br&gt;Gross profit for the year ending December 31, 2011 totaled $2.0 million, an &lt;br&gt;increase of 85%, as compared to $1.1 million for the year ending December 31, &lt;br&gt;2010. Gross profit margin in 2011 was 10.0% as compared to 17.3% in 2010. The &lt;br&gt;decrease in gross profit margin reflects the unusually high margins on very low &lt;br&gt;volume sales in the prior year period combined with the Company&amp;#39;s sales strategy &lt;br&gt;to gain critical market share in 2011 by offering low introductory pricing to &lt;br&gt;some key customers to support their programs to bring new bioplastic products to &lt;br&gt;market. This strategy has proven effective in contributing to strong sales growth &lt;br&gt;and growing market share. The Company expects that margins will improve gradually &lt;br&gt;in future periods as the Company continues to capitalize on demand growth to &lt;br&gt;diversify its customer base, implement strategic price increases and continue to &lt;br&gt;gain operational efficiencies. &lt;br&gt;&lt;br&gt;Research and development expenses for the year ended December 31, 2011 were $1.0 &lt;br&gt;million, or 5.2% of net sales, compared to $0.5 million, or 7.3% of net sales, &lt;br&gt;for the same period in 2010. The increase is primarily due to additional &lt;br&gt;headcount and increased manufacturing supplies used for new product development. &lt;br&gt;&lt;br&gt;Selling, general and administrative expenses for the year ended December 31, 2011 &lt;br&gt;were $13.4 million, or 66.1% of net sales, compared to $7.5 million, or 118.5% of &lt;br&gt;net sales, for the same period in 2010. The increase is primarily attributable to &lt;br&gt;the $5.3 million increase in our allowance for doubtful accounts during the year &lt;br&gt;ended December 31, 2011. In addition, Cereplast incurred incremental expenses in &lt;br&gt;2011 across all areas of the business to support our sales growth. &lt;br&gt;&lt;br&gt;Net loss for the period ending December 31, 2011 totaled $14.0 million as &lt;br&gt;compared to $7.5 million for the period ending December 31, 2010. &lt;br&gt;&lt;br&gt;On the balance sheet, the Company had $3.9 million in cash and approximately &lt;br&gt;$14.7 million in account receivables. Total current assets and total assets were &lt;br&gt;$24.1 million and $36.3 million respectively. Total current liabilities and total &lt;br&gt;liabilities were $6.5 million and $26.6 million respectively. Total shareholders&amp;#39; &lt;br&gt;equity was $9.7 million or $0.61 per share based on approximately 16 million &lt;br&gt;weighted average shares outstanding. &lt;br&gt;&lt;br&gt;Conference Call Details: &lt;br&gt;Date:Monday, April 16, 2012 &lt;br&gt;Time:4:30 p.m. EDT &lt;br&gt;Dial-In:(877) 312-5508 &lt;br&gt;International Dial-In:(253) 237-1135 &lt;br&gt;&lt;a class='ExternURL' href='http://investor.cereplast.com/events.cf' target='_blank' &gt;investor.cereplast.com&lt;/a&gt; &lt;br&gt;Live Webcast:m &lt;br&gt;&lt;br&gt;A live webcast and archive of the call will also be available on the Investor &lt;br&gt;Relations section of Cereplast&amp;#39;s website at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. If you are &lt;br&gt;unable to participate on the call at this time, a telephonic replay will be &lt;br&gt;available for three days starting two hours after the conclusion of the call. To &lt;br&gt;access the telephonic replay, dial 855-859-2056, international callers dial &lt;br&gt;404-537-3406, and enter the Conference ID 71639491. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast, and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;Safe Harbor Statement &lt;br&gt;&lt;br&gt;Matters discussed in this press release contain forward-looking statements within &lt;br&gt;the meaning of the Private Securities Litigation Reform Act of 1995. When used in &lt;br&gt;this press release, the words "anticipate," "believe," "estimate," "may," &lt;br&gt;"intend," "expect" and similar expressions identify such forward-looking &lt;br&gt;statements. Actual results, performance or achievements could differ materially &lt;br&gt;from those contemplated, expressed or implied by the forward-looking statements &lt;br&gt;contained herein. These forward-looking statements are based largely on the &lt;br&gt;expectations of the Company and are subject to a number of risks and &lt;br&gt;uncertainties. These include, but are not limited to, risks and uncertainties &lt;br&gt;associated with: the impact of economic, competitive and other factors affecting &lt;br&gt;the Company and its operations, markets, product, and distributor performance, &lt;br&gt;the impact on the national and local economies resulting from terrorist actions, &lt;br&gt;and U.S. actions subsequently; and other factors detailed in reports filed by the &lt;br&gt;Company. &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED BALANCE SHEETS &lt;br&gt;(in thousands, except shares data) &lt;br&gt;&lt;br&gt;DecemberDecember &lt;br&gt;31, 201131, 2010 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;ASSETS &lt;br&gt;Current Assets &lt;br&gt;Cash$ 3,940$ 2,391 &lt;br&gt;Accounts Receivable, Net14,7445,285 &lt;br&gt;Inventory, Net4,4061,392 &lt;br&gt;Prepaid Expenses and Other &lt;br&gt;Current Assets96669 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Total Current Assets24,0569,137 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Property and Equipment &lt;br&gt;Property and Equipment13,7525,564 &lt;br&gt;Accumulated Depreciation &lt;br&gt;and Amortization(3,151)(2,213) &lt;br&gt;------------------ &lt;br&gt;Property and Equipment, &lt;br&gt;Net10,6013,351 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Other Assets &lt;br&gt;Restricted Cash4343 &lt;br&gt;Deferred Loan Costs1,321266 &lt;br&gt;Intangible Assets, Net183170 &lt;br&gt;&lt;br&gt;Deposits4717 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Total Other Assets1,594496 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Total Assets$ 36,251$ 12,984 &lt;br&gt;================== &lt;br&gt;&lt;br&gt;LIABILITIES AND &lt;br&gt;SHAREHOLDERS&amp;#39; EQUITY &lt;br&gt;Current Liabilities &lt;br&gt;Accounts Payable$ 1,813$ 2,567 &lt;br&gt;Accrued Expenses2,7601,251 &lt;br&gt;Capital Leases, Current &lt;br&gt;Portion739 &lt;br&gt;Loan Payable, Current &lt;br&gt;Portion1,855149 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Total Current Liabilities6,5013,976 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Long-Term Liabilities &lt;br&gt;Loan Payable7,3072,119 &lt;br&gt;Convertible Subordinated &lt;br&gt;Notes12,500-- &lt;br&gt;&lt;br&gt;Capital Leases, Long-Term245-- &lt;br&gt;------------------ &lt;br&gt;Total Long-Term &lt;br&gt;Liabilities20,0522,119 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Total Liabilities26,5536,095 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Shareholders&amp;#39; Equity &lt;br&gt;Preferred Stock, $0.001 par &lt;br&gt;value; 5,000,0000 shares &lt;br&gt;authorized and none &lt;br&gt;outstanding---- &lt;br&gt;Common Stock, $0.001 par &lt;br&gt;value; 495,000,000 shares &lt;br&gt;authorized; 18,933,139 and &lt;br&gt;12,992,195 shares issued &lt;br&gt;and outstanding at &lt;br&gt;December 31, 2011 and &lt;br&gt;2010, respectively1913 &lt;br&gt;&lt;br&gt;Additional Paid in Capital &lt;br&gt;----------------------------66,52449,737 &lt;br&gt;Accumulated Deficit(56,935)(42,933) &lt;br&gt;Accumulated Other &lt;br&gt;Comprehensive Income8672 &lt;br&gt;------------------ &lt;br&gt;9,6946,889 &lt;br&gt;&lt;br&gt;Noncontrolling Interests4-- &lt;br&gt;------------------ &lt;br&gt;Total Shareholders&amp;#39; &lt;br&gt;Equity9,6986,889 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;Total Liabilities and &lt;br&gt;Shareholders&amp;#39; Equity$ 36,251$ 12,984 &lt;br&gt;================== &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER &lt;br&gt;COMPREHENSIVE INCOME &lt;br&gt;(in thousands, except per share data) &lt;br&gt;&lt;br&gt;Year ended &lt;br&gt;------------------------ &lt;br&gt;&lt;br&gt;DecemberDecember &lt;br&gt;31, 201131, 2010 &lt;br&gt;---------------------- &lt;br&gt;&lt;br&gt;GROSS SALES$ 20,893$ 6,416 &lt;br&gt;Sales Discounts, Returns and &lt;br&gt;Allowances(637)(72) &lt;br&gt;---------------------- &lt;br&gt;NET SALES20,2566,344 &lt;br&gt;&lt;br&gt;COST OF SALES18,2235,247 &lt;br&gt;---------------------- &lt;br&gt;&lt;br&gt;GROSS PROFIT2,0331,097 &lt;br&gt;&lt;br&gt;Research and Development1,048466 &lt;br&gt;Selling, General and &lt;br&gt;Administrative13,3977,519 &lt;br&gt;---------------------- &lt;br&gt;&lt;br&gt;LOSS FROM OPERATIONS BEFORE &lt;br&gt;OTHER EXPENSES(12,412)(6,888) &lt;br&gt;&lt;br&gt;OTHER EXPENSES &lt;br&gt;Restructuring Costs--586 &lt;br&gt;&lt;br&gt;Interest Expense, Net1,59015 &lt;br&gt;---------------------- &lt;br&gt;&lt;br&gt;TOTAL OTHER EXPENSE, NET1,590601 &lt;br&gt;---------------------- &lt;br&gt;&lt;br&gt;LOSS BEFORE PROVISION FOR &lt;br&gt;INCOME TAXES(14,002)(7,489) &lt;br&gt;&lt;br&gt;Provision for Income Taxes---- &lt;br&gt;---------------------- &lt;br&gt;&lt;br&gt;NET LOSS$ (14,002)$ (7,489) &lt;br&gt;====================== &lt;br&gt;&lt;br&gt;BASIC AND DILUTED LOSS PER &lt;br&gt;SHARE$ (0.88)$ (0.64) &lt;br&gt;====================== &lt;br&gt;&lt;br&gt;WEIGHTED AVERAGE COMMON &lt;br&gt;SHARES OUTSTANDING, BASIC &lt;br&gt;AND DILUTED15,989,39711,779,087 &lt;br&gt;====================== &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED STATEMENTS OF CASH FLOWS &lt;br&gt;(in thousands) &lt;br&gt;&lt;br&gt;Year Ended &lt;br&gt;----------------------- &lt;br&gt;&lt;br&gt;DecemberDecember &lt;br&gt;31, 201131, 2010 &lt;br&gt;--------------------- &lt;br&gt;&lt;br&gt;CASH FLOWS FROM OPERATING ACTIVITIES: &lt;br&gt;Net Loss$ (14,002)$ (7,489) &lt;br&gt;Adjustment to Reconcile Net Loss to &lt;br&gt;Net Cash Used in Operating Activities &lt;br&gt;Depreciation and Amortization944803 &lt;br&gt;Reserve for Inventory Obsolescence229-- &lt;br&gt;Allowance for Doubtful Accounts5,33832 &lt;br&gt;Common Stock Issued for Services, &lt;br&gt;Salaries and Wages9121,407 &lt;br&gt;Amortization of Loan Discount762 &lt;br&gt;Loss on Disposal of Leasehold &lt;br&gt;Improvements--14 &lt;br&gt;Impairment of Intangible Assets61-- &lt;br&gt;Changes in Operating Assets and &lt;br&gt;Liabilities &lt;br&gt;Accounts Receivable(14,797)(4,992) &lt;br&gt;Deferred Loan Costs361(130) &lt;br&gt;Inventory(3,243)(543) &lt;br&gt;Deposits(29)75 &lt;br&gt;Prepaid Expenses and Other Current &lt;br&gt;Assets(896)147 &lt;br&gt;Restricted Cash--(43) &lt;br&gt;Accounts Payable(1,246)1,578 &lt;br&gt;&lt;br&gt;Accrued Expenses1,530511 &lt;br&gt;--------------------- &lt;br&gt;NET CASH USED IN OPERATING &lt;br&gt;ACTIVITIES(24,762)(8,628) &lt;br&gt;--------------------- &lt;br&gt;&lt;br&gt;CASH FLOWS FROM INVESTING ACTIVITIES: &lt;br&gt;Purchase of Property, Equipment and &lt;br&gt;Intangibles(7,918)(263) &lt;br&gt;--------------------- &lt;br&gt;NET CASH USED IN INVESTING &lt;br&gt;ACTIVITIES(7,918)(263) &lt;br&gt;--------------------- &lt;br&gt;&lt;br&gt;CASH FLOWS FROM FINANCING ACTIVITIES: &lt;br&gt;Payments on Capital Leases(47)(25) &lt;br&gt;Proceeds from Capital Leases356 &lt;br&gt;Noncontrolling Interest Activities4 &lt;br&gt;Payments on Notes and Loan Payable(145)(59) &lt;br&gt;Proceeds from Loan Payable, Net of &lt;br&gt;Loan Costs6,9622,520 &lt;br&gt;Proceeds from Convertible Subordinated &lt;br&gt;Notes, Net of Issuance Costs of &lt;br&gt;$1,27511,225 &lt;br&gt;Proceeds from Issuance of Common Stock &lt;br&gt;and Subscriptions, Net of Issuance &lt;br&gt;Costs of $1,61915,8607,505 &lt;br&gt;--------------------- &lt;br&gt;NET CASH PROVIDED BY FINANCING &lt;br&gt;ACTIVITIES34,2159,941 &lt;br&gt;--------------------- &lt;br&gt;&lt;br&gt;FOREIGN CURRENCY TRANSLATION1435 &lt;br&gt;--------------------- &lt;br&gt;&lt;br&gt;NET INCREASE IN CASH1,5491,085 &lt;br&gt;&lt;br&gt;CASH AND CASH EQUIVALENTS, BEGINNING OF &lt;br&gt;PERIOD2,3911,306 &lt;br&gt;--------------------- &lt;br&gt;CASH AND CASH EQUIVALENTS, END OF &lt;br&gt;PERIOD$ 3,940$ 2,391 &lt;br&gt;===================== &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;a class='ExternURL' href='http://www.AllianceAdvisors.net' target='_blank' &gt;allianceadvisors.net&lt;/a&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28086592</link><pubDate>4/17/2012 9:19:16 AM</pubDate></item><item><title>[Savant] Cereplast Files Extension of 10-K Filing   EL SEGUNDO, Calif., Mar 30, 2012 (Glo...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Files Extension of 10-K Filing &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Mar 30, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, &lt;br&gt;today announced that it has filed an extension of its 10-K filing with the &lt;br&gt;Securities and Exchange Commission. Cereplast anticipates that it will file its &lt;br&gt;annual report on or before April 16, 2012. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt; or &lt;br&gt;&lt;a class='ExternURL' href='http://www.cereplastitalia.com' target='_blank' &gt;cereplastitalia.com&lt;/a&gt;. You may also visit the Cereplast social &lt;br&gt;networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast, and &lt;br&gt;Youtube.com/Cereplastinc. &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28050576</link><pubDate>3/30/2012 11:49:43 PM</pubDate></item><item><title>[Savant] Cereplast to Exhibit at PLAST 2012 in Milan, Italy   EL SEGUNDO, Calif., Mar 13,...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast to Exhibit at PLAST 2012 in Milan, Italy &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Mar 13, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable plastics, &lt;br&gt;announced today that its subsidiary Cereplast Italia, SpA will participate as an &lt;br&gt;exhibitor at PLAST 2012, an international exhibition for the plastics and rubber &lt;br&gt;industries, taking place May 8-12, 2012 in Milan, Italy. &lt;br&gt;&lt;br&gt;PLAST is the largest European exhibition of the year that is dedicated to the &lt;br&gt;entire chain of the plastics and rubber industries, including machines, &lt;br&gt;equipment, molds, raw materials, recycled materials, composites, semi-finished &lt;br&gt;and finished products. There will be more than 1,100 exhibitors from 40 countries &lt;br&gt;present and more than 55,000 people are expected to attend. PLAST is sponsored by &lt;br&gt;the Ministry of Economic Development, and is also supported by the European &lt;br&gt;Association of Machinery Manufacturers for Plastics and Rubber&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=28050575</link><pubDate>3/30/2012 11:48:58 PM</pubDate></item><item><title>[Savant] Cereplast to Unveil Several New Bioplastic Resin Grades at the International  Pl...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast to Unveil Several New Bioplastic Resin Grades at the International &lt;br&gt;Plastics Showcase, NPE 2012 &lt;br&gt;&lt;br&gt;NPE is the World&amp;#39;s Largest Plastics Conference With More Than $100 Billion in &lt;br&gt;Annual Purchasing Power and Over 55,000 in Attendance &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Feb 21, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable plastics, &lt;br&gt;will unveil several new technologically advanced bioplastic resin grades at The &lt;br&gt;International Plastics Showcase, NPE 2012. The exhibition is hosted by SPI, The &lt;br&gt;Plastics Industry Trade Association, and takes place April 1-5, 2012 in Orlando, &lt;br&gt;Florida. &lt;br&gt;&lt;br&gt;The new bioplastic resin grades include Sustainable 1020D, a translucent &lt;br&gt;injection molding grade, Compostable 4008D, a new paper extrusion coating grade, &lt;br&gt;Hybrid 106D, a high starch, high melt flow injection molding grade, and an EVA &lt;br&gt;Hybrid grade. Cereplast will also feature the Cereplast Compostables(R) family of &lt;br&gt;resins, including the recently added Compostable 3002, Compostable 3010 and &lt;br&gt;Compostable 3020, which are for use on blown film extruder lines for the &lt;br&gt;manufacture of compostable bags, all of which have received DIN CERTCO &lt;br&gt;certifications of compostability. Additionally, the Company will feature the &lt;br&gt;Cereplast Sustainables(R) product line, which includes the new Cereplast Hybrid &lt;br&gt;Resins(R) grades Hybrid 102D and Hybrid 105D. &lt;br&gt;&lt;br&gt;"We are excited to be an exhibitor at NPE, the world&amp;#39;s largest plastics &lt;br&gt;exhibition, a fantastic opportunity for us to showcase our unique and &lt;br&gt;technologically advanced materials to the international marketplace," said &lt;br&gt;Cereplast Chairman and CEO, Frederic Scheer. &lt;br&gt;&lt;br&gt;Attendees are welcome to visit Cereplast at booth number 51056. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) Resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) Resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast, Youtube.com/Cereplastinc and Pinterest.com/Cereplast. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;a class='ExternURL' href='http://www.AllianceAdvisors.net' target='_blank' &gt;allianceadvisors.net&lt;/a&gt; &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27962733</link><pubDate>2/21/2012 12:53:12 PM</pubDate></item><item><title>[Savant] Cereplast Appoints Michael Okada as Chief Accounting Officer and Interim Chief  ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Appoints Michael Okada as Chief Accounting Officer and Interim Chief &lt;br&gt;Financial Officer &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Feb 13, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, sustainable plastics, &lt;br&gt;today announced the appointment of Mr. Michael Okada as Vice President, Chief &lt;br&gt;Accounting Officer and interim Chief Financial Officer, effective immediately. &lt;br&gt;Mr. Okada replaces Heather E. Sheehan, Senior Vice President and Chief Financial &lt;br&gt;Officer, who is leaving the Company effective February 29, 2012 to accept another &lt;br&gt;opportunity. &lt;br&gt;&lt;br&gt;Mr. Okada has served a fundamental role in the company&amp;#39;s financial operations &lt;br&gt;since he joined the Company in April 2011 as Vice President and Corporate &lt;br&gt;Controller, providing strength and continuity to the finance department. &lt;br&gt;"Everyone from the management team to the board of directors have the utmost &lt;br&gt;confidence in Mr. Okada to succeed in his new role, and to provide a seamless &lt;br&gt;transition throughout this period," said Cereplast Chairman and CEO Mr. Frederic &lt;br&gt;Scheer. Prior to Cereplast, Mr. Okada served as Vice President of Finance, &lt;br&gt;Corporate Controller for Mindspeed Technologies, Inc. in Newport Beach, CA, where &lt;br&gt;he was responsible for general and international accounting, SEC reporting, and &lt;br&gt;Sarbanes-Oxley Act compliance. Mr. Okada has more than 20 years of experience in &lt;br&gt;senior executive roles, leading accounting and finance departments for both &lt;br&gt;private and public rapid-growth companies with a proven track record of success. &lt;br&gt;He received his Bachelor&amp;#39;s degree in Accounting from Santa Clara University and &lt;br&gt;is a Certified Public Accountant. &lt;br&gt;&lt;br&gt;Mr. Scheer stated, "I am very pleased to announce the promotion of Michael Okada &lt;br&gt;as our new Chief Accounting Officer and interim Chief Financial Officer. Michael &lt;br&gt;is a highly experienced executive with strong financial and operational &lt;br&gt;expertise. He has been a key member of our senior management team and he has &lt;br&gt;earned my confidence in his ability to manage our finance department. Our team &lt;br&gt;will remain strong during this transition." Mr. Scheer continued, "We appreciate &lt;br&gt;Ms. Sheehan&amp;#39;s contributions to the Company and wish her success in her new &lt;br&gt;endeavors." &lt;br&gt;&lt;br&gt;"This is an exciting time for the Company, and I look forward to leveraging my &lt;br&gt;knowledge and experience to support the growth and strengthening market position &lt;br&gt;of the Company," said Mr. Okada. "With the recent globalization of our &lt;br&gt;operations, and the favorable macro-economic environment for green initiatives, &lt;br&gt;Cereplast is well positioned to capitalize on the growth and demand for &lt;br&gt;bioplastics world-wide." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;bioplastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) Resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) Resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc.&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27945852</link><pubDate>2/13/2012 12:15:27 PM</pubDate></item><item><title>[BSWB] Cereplast Strengthens Sales Force in North America and Europe Date : 	02/07/2012...</title><author>BSWB</author><description>&lt;span id="intelliTXT"&gt;Cereplast Strengthens Sales Force in North America and Europe&lt;br&gt;Date : 	02/07/2012 @ 8:00AM&lt;br&gt;Source : 	GlobeNewswire Inc.&lt;br&gt;Stock : 	Cereplast, Inc. (CERP)&lt;br&gt;Quote : 	1.1  0.0 (0.00%) @ 8:19AM&lt;br&gt;	&lt;br&gt;Cereplast Strengthens Sales Force in North America and Europe&lt;br&gt;&lt;br&gt;Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, sustainable plastics, today announced the addition of two plastics industry veterans to key roles in North America and Europe. William G. Mashy has been appointed as Vice President of Sales and Marketing of North America, and will lead the Company&amp;#39;s strategy to maximize sales and profitability in the region. Emilio Sitta has been appointed as Regional Sales Director in Italy, and will identify new markets and drive sales for the Cereplast Hybrid Resins&amp;#174; product line in the country.&lt;br&gt;&lt;br&gt;William G. Mashy has a 24-year track record of success in sales, management and marketing working for privately held international plastic packaging manufacturer, Rehrig Pacific Company. Most recently he was General Manager for the Material Handling Business Group, a division generating $175 million in annual sales. Prior to spending nearly a decade as General Manager, Mr. Mashy was Vice President of Marketing and had also worked in various senior sales roles. At Cereplast, he will lead the sales and marketing team in North America, and will be responsible for negotiating strategic partnerships to drive revenue growth and increase margins.&lt;br&gt;&lt;br&gt;"Cereplast&amp;#39;s North American manufacturing presence combined with its strong product development capability uniquely positions Cereplast to capitalize on the growing demand for sustainable products," said Mr. Mashy. "I am excited to be a part of Cereplast and look forward to working with Mr. Scheer and the rest of the sales and marketing team to drive results quickly."&lt;br&gt;&lt;br&gt;Emilio Sitta has nearly forty years of experience working in the plastics industry, including senior marketing and business development roles at American and European multinational corporations including GE Plastics Italia, Borealis Italia, and Witfield S.r.L. as Regional Sales Director, he will be responsible for developing new markets for Cereplast bioplastic resins in Italy, with a specific emphasis on the Cereplast Hybrid Resins&amp;#174; product line.&lt;br&gt;&lt;br&gt;"The industry for bioplastic substitutes of traditional plastics has experienced rapid growth in recent years and we expect that growth to continue in the foreseeable future. We are ideally positioned with proprietary technology and industry expertise. To sustain our growth and continue establishing ourselves as a leader in the industry we must surround ourselves with top executives. We are pleased to welcome Mr. Mashy and Mr. Sitta with their wealth of experience, and are excited for them to be a part of the Cereplast team. We are confident that the steps we are taking to strengthen our sales force in North America and Europe will help drive the sales growth that we expect to achieve in 2012 and beyond," concluded Cereplast Chairman and CEO, Frederic Scheer.&lt;br&gt;&lt;br&gt;About Cereplast, Inc.&lt;br&gt;&lt;br&gt;Cereplast, Inc. (Nasdaq:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables&amp;#174; Resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables&amp;#174; Resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com. You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc.&lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt;&lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc.&lt;br&gt;         Public Relations&lt;br&gt;         Nicole Cardi&lt;br&gt;         (310) 615-1900 x154&lt;br&gt;         ncardi@cereplast.com&lt;br&gt;         &lt;br&gt;         Investor Relations:&lt;br&gt;         Alliance Advisors, LLC&lt;br&gt;         Alan Sheinwald&lt;br&gt;         914-669-0222&lt;br&gt;         asheinwald@allianceadvisors.net&lt;br&gt;         www.AllianceAdvisors.net&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27932670</link><pubDate>2/7/2012 8:44:12 AM</pubDate></item><item><title>[BSWB] Application Decree in Italy Creates Larger Growth Opportunity for Cereplast Date...</title><author>BSWB</author><description>&lt;span id="intelliTXT"&gt;Application Decree in Italy Creates Larger Growth Opportunity for Cereplast&lt;br&gt;Date :     01/31/2012 @ 8:00AM&lt;br&gt;Source :     GlobeNewswire Inc.&lt;br&gt;Stock :     Cereplast, Inc. (CERP)&lt;br&gt;Quote :     0.94  0.03 (3.30%) @ 9:53AM&lt;br&gt;    &lt;br&gt;Application Decree in Italy Creates Larger Growth Opportunity for &lt;br&gt;&lt;br&gt;Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary bio-based, sustainable plastics, today cited that the bioplastics industry in Italy could experience stronger growth rates due to the recent Application Decree signed by the Prime Minister on January 25, 2012.&lt;br&gt;&lt;br&gt;Following legislation published by the Italian Parliament in December 2010, which banned the use of polyethylene for bag applications, the bioplastic industry has been anxiously waiting for the Applications Decree. Although the 2010 Law clearly defined the banning of polyethylene and encouraged alternatives such as bioplastic, the Application Decree further amends the details of the Law and implements strict enforceable conditions. The Decree is enforcing large and costly sanctions from Euros 2,500 to Euros 25,000 per infraction for companies that do not follow the legal requirements.&lt;br&gt;&lt;br&gt;Mr. Frederic Scheer, Chairman and CEO of Cereplast, commented, "The Application Decree is a significant step forward for the entire industry as the Italian government has begun strictly enforcing non-petroleum based alternatives to the current market plastic applications. Specifically, Cereplast is one of only a few companies within the bioplastic industry that meets the proper standards for compostability, EN 13432. It is encouraging that in a short matter of time since the amendment we have received inquiries for our products from substantial new customers. We estimate the Italian market demand to be 250,000 tons per year of polyethylene according to Plastic News. Only a few companies have the technology and standards in place to serve this market with legitimate bioplastic alternatives that match the requirements set by this Decree."&lt;br&gt;&lt;br&gt;The Decree deemed as "Extraordinary and Urgent Measures for the Environment," issued on January 25, 2012, amends previous plastic bag laws to require that single-use disposable bags meet and follow European standards for compostability (EN 13432:2002). This Decree will prevent the confusion created by various proposed alternatives that do not legitimately compost.&lt;br&gt;&lt;br&gt;Cereplast compostable resins meet all stringent standards of compostability in the United States (ASTM 6400) and in Europe (EN 13432). Additionally, Cereplast recently announced receiving DIN-CERTCO certification for several blown film resins that all meet the new Italian standards.&lt;br&gt;&lt;br&gt;About Cereplast, Inc.&lt;br&gt;&lt;br&gt;Cereplast, Inc. (Nasdaq:CERP) designs and manufactures proprietary biobased, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting-edge of biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables&amp;#174; Resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables™ Resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com. You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc.&lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt;&lt;br&gt;&lt;br&gt;Safe Harbor Statement&lt;br&gt;&lt;br&gt;Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.&lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc.&lt;br&gt;         Public Relations&lt;br&gt;         Nicole Cardi&lt;br&gt;         (310) 615-1900 x154&lt;br&gt;         ncardi@cereplast.com&lt;br&gt;         &lt;br&gt;         Investor Relations:&lt;br&gt;         Alliance Advisors, LLC&lt;br&gt;         Alan Sheinwald&lt;br&gt;         914-669-0222&lt;br&gt;         asheinwald@allianceadvisors.net&lt;br&gt;         www.AllianceAdvisors.net&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27917338</link><pubDate>1/31/2012 10:03:05 AM</pubDate></item><item><title>[BSWB] Cereplast CEO Discusses Company Plans and Progress in CORVideo Executive Video  ...</title><author>BSWB</author><description>&lt;span id="intelliTXT"&gt;Cereplast CEO Discusses Company Plans and Progress in CORVideo Executive Video                   Date :        01/18/2012 @ 8:00AM                   Source :        GlobeNewswire Inc.                   Stock :        Cereplast, Inc. (CERP)                   Quote :        &lt;img src='http://images.advfn.com/imagesnew/2/us/down.gif'&gt; 0.937  -0.013 (-1.37%) @ 2:49PM                       &lt;br&gt;                  &lt;br&gt;    	Cereplast CEO Discusses Company Plans and Progress in CORVideo Executive Video&lt;br&gt; &lt;br&gt;  &lt;br&gt; &lt;a href='http://ih.advfn.com/p.php?pid=nmona&amp;amp;article=50791779&amp;amp;symbol=CERP#' target='_blank'&gt;Print&lt;/a&gt;&lt;br&gt; 		&lt;br&gt; 			 &lt;a href='http://ih.advfn.com/alerts/newsalerts/add?symbol_search=N%5ECERP' target='_blank'&gt; 				Alert 			&lt;/a&gt; 		&lt;br&gt;&lt;br&gt;		 		 		 &lt;br&gt;Cereplast, Inc. (MM) (NASDAQ:CERP)&lt;br&gt;Intraday Stock Chart Today : Wednesday 18 January 2012&lt;br&gt;&lt;br&gt;  &lt;a href='http://ih.advfn.com/p.php?pid=charts&amp;amp;symbol=N%5ECERP' target='_blank'&gt;&lt;img src='http://ih.advfn.com/p.php?pid=staticchart&amp;amp;s=N%5ECERP&amp;amp;p=0&amp;amp;t=15'&gt;&lt;/a&gt;&lt;br&gt;  				  &lt;br&gt; &lt;a href='http://www.globenewswire.com/newsroom/ctr?d=243051&amp;amp;l=1&amp;amp;a=Cereplast%2C%20Inc.&amp;amp;u=http%3A%2F%2Fwww.cereplast.com%2F' target='_blank'&gt;Cereplast, Inc.&lt;/a&gt;  (Nasdaq:CERP), a leading manufacturer of proprietary biobased,  compostable and sustainable plastics, today announced that CEO, Frederic  Scheer, has provided an overview on the company&amp;#39;s products, strategy  and distribution in a CORVideo Executive Interview Video which can be  found by clicking on &lt;a class='ExternURL' href='http://www.cereplast.com/videos/corvideo-executive-interview-video-series/' target='_blank' &gt;cereplast.com&lt;/a&gt;.  	In the interview, Mr. Scheer discussed the Company&amp;#39;s recently announced  three new technologically advanced compostable resin grades which have  all received DIN CERTCO certifications of compostability. This was a  significant milestone for the company, as in Europe and particularly in  Germany, DIN CERTCO is a large and well respected third party firm that  provides certifications. With these certifications, which can take 7 to  12 months to obtain, Cereplast is one of a very limited number of  companies that can go to market in Europe with these particular types of  bioplastic resin.&lt;br&gt;&lt;br&gt;  	Mr. Scheer also commented on the Company&amp;#39;s accounts receivables with  confidence in making significant progress on collections during the  first quarter of 2012. The Cereplast team has already implemented new  payment standards, which are being accepted by all customers and should  yield stronger  &lt;a href='http://ih.advfn.com/p.php?pid=nmona&amp;amp;article=50791779&amp;amp;symbol=CERP#' target='_blank'&gt;cash&lt;/a&gt; flow collection in 2012.&lt;br&gt;&lt;br&gt;  	In an ongoing effort to continue establishing its footprint in Europe,  Cereplast recently announced a three year distribution agreement with  GAMA Plastik AS to supply bioplastic resin in Turkey. Mr. Scheer points  out the importance of this agreement as Turkey is a leading European  nation in terms of GDP growth with 9% and one of the fastest growing  plastics markets in the world.&lt;br&gt;&lt;br&gt;  	"The demand for bioplastics worldwide, and especially in Europe, is  growing at a very fast rate. Cereplast is strategically positioned to  supply the market with compostable, biobased and sustainable plastics  due to the environmental importance of these alternatives coupled with  its necessity, which is driven by new legislation enacted by various  governments. We will continue to seek new certifications while  introducing new products to the market and to work with the most ideal  distributors who meet our strategic needs," concluded Mr. Scheer.&lt;br&gt;&lt;br&gt;  	&lt;b&gt;About Cereplast, Inc.&lt;/b&gt;&lt;br&gt;&lt;br&gt;  	Cereplast, Inc. (Nasdaq:CERP) designs and manufactures proprietary  biobased, sustainable plastics which are used as substitutes for  traditional plastics in all major converting processes - such as  injection molding, thermoforming, blow molding and extrusions - at a  pricing structure that is competitive with traditional plastics. On the  cutting edge of bioplastic material development, Cereplast now offers  resins to meet a variety of customer demands. Cereplast Compostables&amp;#174;  resins are ideally suited for single-use applications where high  biobased content and compostability are advantageous, especially in the  foodservice industry. Cereplast Sustainables&amp;#174; resins combine  high biobased content with the durability and endurance of traditional  plastic, making them ideal for applications in industries such as  automotive, consumer electronics and packaging. Learn more at  &lt;a href='http://www.globenewswire.com/newsroom/ctr?d=243051&amp;amp;l=7&amp;amp;a=www.cereplast.com&amp;amp;u=http%3A%2F%2Fwww.cereplast.com' target='_blank'&gt;www.cereplast.com&lt;/a&gt;. You may also visit the Cereplast social networking pages at  &lt;a href='http://www.globenewswire.com/newsroom/ctr?d=243051&amp;amp;l=7&amp;amp;a=Facebook.com%2FCereplast&amp;amp;u=http%3A%2F%2Fwww.facebook.com%2FCereplast' target='_blank'&gt;Facebook.com/Cereplast&lt;/a&gt;,  &lt;a href='http://www.globenewswire.com/newsroom/ctr?d=243051&amp;amp;l=7&amp;amp;a=Twitter.com%2FCereplast&amp;amp;u=file%3A%2F%2F%2Fc%3A%2FWINNT%2FProfiles%2Fbennettj.ORG%2FLocal%2520Settings%2FTemporary%2520Internet%2520Files%2FContent.IE5%2FKXTM6XRJ%2FTwitter.com%2FCereplast' target='_blank'&gt;Twitter.com/Cereplast&lt;/a&gt;,  &lt;a href='http://www.globenewswire.com/newsroom/ctr?d=243051&amp;amp;l=7&amp;amp;a=Youtube.com%2FCereplastinc&amp;amp;u=file%3A%2F%2F%2Fc%3A%2FWINNT%2FProfiles%2Fbennettj.ORG%2FLocal%2520Settings%2FTemporary%2520Internet%2520Files%2FContent.IE5%2FKXTM6XRJ%2FYoutube.com%2FCereplastinc' target='_blank'&gt;Youtube.com/Cereplastinc&lt;/a&gt; and  &lt;a href='http://www.globenewswire.com/newsroom/ctr?d=243051&amp;amp;l=7&amp;amp;a=Stocktwits.com%2Fsymbol%2FCERP&amp;amp;u=file%3A%2F%2F%2Fc%3A%2FWINNT%2FProfiles%2Fbennettj.ORG%2FLocal%2520Settings%2FTemporary%2520Internet%2520Files%2FContent.IE5%2FKXTM6XRJ%2FStocktwits.com%2Fsymbol%2FCERP' target='_blank'&gt;Stocktwits.com/symbol/CERP&lt;/a&gt;.&lt;br&gt;&lt;br&gt;  	The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt;&lt;br&gt;&lt;br&gt; CONTACT: Cereplast, Inc.          Public Relations          Nicole Cardi          (310) 615-1900 x154          ncardi@cereplast.com                    Investor Relations:          Alliance Advisors, LLC          Alan Sheinwald          914-669-0222          asheinwald@allianceadvisors.net          www.AllianceAdvisors.net&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27888864</link><pubDate>1/18/2012 2:57:27 PM</pubDate></item><item><title>[BSWB] Cereplast Provides 2011 Shareholder Review and Update Date :     01/17/2012 @ 8:...</title><author>BSWB</author><description>&lt;span id="intelliTXT"&gt;Cereplast Provides 2011 Shareholder Review and Update&lt;br&gt;Date :     01/17/2012 @ 8:00AM&lt;br&gt;Source :     GlobeNewswire Inc.&lt;br&gt;Stock :     Cereplast, Inc. (CERP)&lt;br&gt;Quote :     0.9  0.0 (0.00%) @ 4:02AM&lt;br&gt;    &lt;br&gt;Cereplast Provides 2011 Shareholder Review and Update&lt;br&gt;&lt;br&gt;Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, today is providing a 2011 shareholder review and update. In 2011 the Company enjoyed high growth, signed several large distribution agreements, established operations in Europe and benefited from the worldwide green legislation movement toward the ban of plastic bags.&lt;br&gt;&lt;br&gt;"2011 was a great year for Cereplast with exponential growth, globalization of our operations, technological advances, media recognition in the USA and abroad, and a great deal of financial success that attracted first class investment bankers to support our expansion," said Cereplast, Inc. Chairman and CEO Frederic Scheer. "While we faced some challenges associated with the economic downturn in Europe late in the year, we have taken steps to address them and are confident in our ability to manage them."&lt;br&gt;&lt;br&gt;Cereplast has enjoyed strong financial growth. Revenue increased from $2.7MM in 2009 to $6.3MM in 2010, and by the end of the third quarter of 2011, Cereplast had generated more than $20MM in revenue while improving its gross profit margin. With the support of Lazard Capital, Cereplast strengthened its balance sheet, raising $17.3MM in equity and $12.5MM in debt under favorable terms, which allowed the company to grow its core customer base from two to twelve.&lt;br&gt;&lt;br&gt;"Our success was driven by the worldwide green movement in which several pieces of legislation were passed to reduce the usage of traditional plastic bags in numerous countries, fueling demand for Cereplast Compostables&amp;#174; resins. As a result, bioplastics are in high demand, a trend we believe will continue as the macro environment favors green initiatives and countries seek areas to become environmentally sound while also making them more economically competitive," said Mr. Scheer.&lt;br&gt;&lt;br&gt;According to Reportlinker, it is estimated that the industry will grow over 7 fold in the global market for bioplastics reaching 1.9 million metric tons by 2017 compared to only 264,000 in 2007. Cereplast is at the heart of this movement and will continue to see its growth be driven by both sales efforts and the overall trends of the industry. The steady increase in the price of oil will continue to make the cost of bioplastics more competitive, and will reduce the market share for certain polyolefins such as the shrinking market for polyethylene in Europe.&lt;br&gt;&lt;br&gt;"Our advanced, proprietary technology has allowed us to reach several key distribution agreements and position ourselves for continued growth in 2012," stated Scheer.&lt;br&gt;&lt;br&gt;    ColorTec: Cereplast entered into a distribution agreement with Italy-based ColorTec to supply bioplastic resin to the Southern Italian and Slovenian markets. In November 2011, Cereplast extended its agreement with ColorTec, which projects to purchase $20 million of Cereplast materials in 2012.&lt;br&gt;    Other distribution agreements include BioWorks in Poland, Euroink in Romania, DMT Plasticolor in Croatia, Gama Plastik in Turkey, and Mastercolor AB in Scandinavia, and we are continuing to look beyond the Europe and the Euro zone.&lt;br&gt;&lt;br&gt; "A necessary next step for us in our growth strategy was to strategically position ourselves with a headquarters in Europe followed by a manufacturing facility. We opened our European headquarters in Germany in order to provide our European clients with added service and better coordinate logistics between the U.S. and Europe. Shortly thereafter we established our bioplastic manufacturing plant in Italy with a planned total estimated capacity of 100,000 tons or approximately 220 million pounds as compared to a capacity of 36,000 tons in our U.S. facility, which is also expandable," said Scheer.&lt;br&gt;&lt;br&gt;Globalization: Cereplast opened a new headquarters and established a manufacturing facility abroad:&lt;br&gt;&lt;br&gt;    European Headquarters in Germany: Located 10 miles east of Dortmund, the seventh largest city in Germany, this facility was established to support rapid expansion in European operations with a focus on providing clients with a complete suite of services and to better handle logistics between the U.S. and Europe.&lt;br&gt;    Bioplastics manufacturing plant in Italy: The total capacity of the plant will be approximately 100,000 tons, or about 220 million pounds. The first phase will allow for a 50,000 ton capacity with manufacturing expected to begin by the fourth quarter of 2012, with the second phase expected to be completed based on market demand.&lt;br&gt;&lt;br&gt;Mr. Scheer added, "Cereplast designs and manufactures proprietary biobased, sustainable plastics which replace traditional plastics in numerous applications including consumer goods, automotive accessories, furniture and disposables such as bags and cups. These products are biodegradable, compostable or recyclable presenting an important and much needed alternative to the world&amp;#39;s current petroleum-based plastics. Bioplastics are now in high demand and this historical movement cannot be stopped. An array of new regulation continues to drive growth in the worldwide movement to ban the use of traditional plastic bags."&lt;br&gt;&lt;br&gt;    Italy: Effective January 1, 2011, Italy has banned the distribution of non-biodegradable plastic bags at shops and retail outlets.&lt;br&gt;    Bulgaria: On October 1, 2011, Bulgaria implemented a tax on the use of plastic bags. The tax will be increased each year from BGN 0.35 (USD $0.23) per bag currently to BGN 0.55 (USD $0.37) per bag in 2014.&lt;br&gt;    China: In February 2008, China&amp;#39;s State Council enacted a nationwide ban on plastic bags. The ban prohibits shops, supermarkets and sales outlets from handing out free plastic bags and bans the production, sales and use of ultra-thin plastic bags.&lt;br&gt;&lt;br&gt;New legislation has Cereplast optimistic and excited for 2012. Cereplast believes 2012 will be another successful year as the Company continued to implement its strategy of growth in Europe, the USA and beyond.&lt;br&gt;&lt;br&gt;Technological advances: Cereplast introduced several new bioplastic resin grades in 2011. Recently we announced the Din-Certco certification of three new resins for applications in blown film bags to better answer the demand of the European market for trash and shopping bags. Cereplast technology is validated by the growth in revenues and the strong portfolio of patents, which is making the Company a leader in the industry. In 2011 the US Patent Office granted the Company an additional patent on nano-materials in bioplastics.&lt;br&gt;&lt;br&gt;A Year of media recognition: As a leader in the bioplastics industry, Cereplast was featured more than 1500 times in the written press and was featured on national television including CNN, Good Morning America, Bloomberg&amp;#39;s energyNOW!, and CNBC.&lt;br&gt;&lt;br&gt;"We are thrilled with all of the milestones and achievements we experienced in 2011. Today, Cereplast is positioned for continued growth within the bioplastic industry, which has benefited from positive governmental regulations. We believe that our technology and relationships have put us significantly ahead of competition and the barriers to entry are extremely high within our industry. We look forward to capitalizing on these global trends in 2012. We understand the challenges created by high growth and macro economic conditions in the Euro zone, and are working through them. We are very confident that Cereplast will enjoy a very successful 2012 despite these challenges and will continue to enjoy growth," Scheer concluded.&lt;br&gt;&lt;br&gt;About Cereplast, Inc.&lt;br&gt;&lt;br&gt;Cereplast, Inc. (Nasdaq:CERP) designs and manufactures proprietary biobased, sustainable plastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting edge of bioplastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables&amp;#174; resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the foodservice industry. Cereplast Sustainables&amp;#174; resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com. You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast, Youtube.com/Cereplastinc and Stocktwits.com/symbol/CERP. The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt;&lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc.&lt;br&gt;         Public Relations&lt;br&gt;         Nicole Cardi&lt;br&gt;         (310) 615-1900 x154&lt;br&gt;         ncardi@cereplast.com&lt;br&gt;         &lt;br&gt;         Investor Relations:&lt;br&gt;         Alliance Advisors, LLC&lt;br&gt;         Alan Sheinwald&lt;br&gt;         914-669-0222&lt;br&gt;         asheinwald@allianceadvisors.net&lt;br&gt;         www.AllianceAdvisors.net&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27885189</link><pubDate>1/17/2012 8:09:16 AM</pubDate></item><item><title>[Savant] Cereplast Introduces Next Generation Hybrid Resins   Expands Cereplast Hybrid Re...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Introduces Next Generation Hybrid Resins &lt;br&gt;&lt;br&gt;Expands Cereplast Hybrid Resins(R) -- Biopropylene(R) PP-Based Resin Product Line &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Jan 10, 2012 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, compostable and &lt;br&gt;sustainable plastics, has introduced the next generation of Cereplast Hybrid &lt;br&gt;Resins(R), an expansion of the Biopropylene(R) PP-based resin product offering &lt;br&gt;through two new bioplastic resin grades, Hybrid 102D and 105D. Cereplast &lt;br&gt;anticipates going to market with the new resin grades during the first half of &lt;br&gt;2012 in the United States and Europe. &lt;br&gt;&lt;br&gt;Cereplast Hybrid Resins replace up to 50% of the petroleum content in traditional &lt;br&gt;plastic products with biobased materials such as starches from annually renewable &lt;br&gt;plants. Cereplast Hybrid Resins are suitable for durable goods, including &lt;br&gt;consumer products, interior automotive parts, and furniture, and have a lower &lt;br&gt;carbon footprint than traditional plastics. The new grades Hybrid 102D and Hybrid &lt;br&gt;105D are both injection molding grades, a heating and cooling manufacturing &lt;br&gt;process in which the material is molded in different shapes. &lt;br&gt;&lt;br&gt;Cereplast&amp;#39;s Biopropylene PP-based resin consists of polypropylene encapsulating &lt;br&gt;starch particles, and includes Hybrid 101, Hybrid 102D and Hybrid 105D. In &lt;br&gt;addition to providing a lower carbon footprint than traditional PP, many of the &lt;br&gt;desirable PP properties are maintained including chemical resistance, mold &lt;br&gt;shrinkage, mold flow, surface appearance, heat deflection temperature, and hinge &lt;br&gt;performance. Hybrid 102D is a formulation that offers a higher starch content &lt;br&gt;than Hybrid 101, while maintaining similar performance. The primary application &lt;br&gt;is injection molding requiring some ductility. Hybrid 105D is a high flow &lt;br&gt;injection molding grade for thinner wall applications than Hybrid 101 and &lt;br&gt;replaces Hybrid 103, providing more consistent properties and processing. All &lt;br&gt;Hybrid grades are FDA compliant for direct food contact. &lt;br&gt;&lt;br&gt;"As demand for bioplastic resins grows, so does the demand for high-performance &lt;br&gt;durable grades that are cost effective," said Chairman and CEO of Cereplast, &lt;br&gt;Frederic Scheer. "As the price of oil continues to rise, Cereplast Hybrid Resins &lt;br&gt;get closer to parity with traditional plastics, providing an affordable, &lt;br&gt;eco-friendly solution for companies that wish to reduce their environmental &lt;br&gt;impact. Our research and development team have answered the demands of our &lt;br&gt;clients for better-performing hybrid resins with higher levels of starch content. &lt;br&gt;We are proud to introduce the next generation of bioplastic hybrid resins." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;plastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting edge of bioplastic material development, Cereplast now &lt;br&gt;offers resins to meet a variety of customer demands. Cereplast Compostables(R) &lt;br&gt;resins are ideally suited for single-use applications where high biobased content &lt;br&gt;and compostability are advantageous, especially in the foodservice industry. &lt;br&gt;Cereplast Sustainables(R) resins combine high biobased content with the &lt;br&gt;durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast, Youtube.com/Cereplastinc and Stocktwits.com/symbol/CERP. &lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;br&gt;&lt;a class='ExternURL' href='http://www.AllianceAdvisors.net' target='_blank' &gt;allianceadvisors.net&lt;/a&gt; &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27873144</link><pubDate>1/10/2012 7:20:23 PM</pubDate></item><item><title>[Savant] Cereplast Remains Confident in Collecting Outstanding Accounts Receivable and Ha...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Remains Confident in Collecting Outstanding Accounts Receivable and Has Implemented New Payment Terms&lt;br&gt;Font size: A |  &lt;a href='javascript:void(0);' target='_blank'&gt;A&lt;/a&gt; |  &lt;a href='javascript:void(0);' target='_blank'&gt;A&lt;/a&gt;&lt;br&gt;&lt;br&gt;8:00 AM ET 12/27/11 | GlobeNewswire&lt;br&gt;  &lt;br&gt;  &lt;br&gt;  &lt;br&gt;        RELATED QUOTES         &lt;img src='https://www.etrade.wallst.com/cgi-bin/upload.dll/file.png?z02880f0aza253a5a3f0f44ab4ae9f99cb0f113708'&gt;    2:53 PM ET 12/27/11    Symbol  Last  % Chg      &lt;br&gt;&lt;br&gt; &lt;a href='https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=CERP' target='_blank'&gt;&lt;span style='color: #003399;'&gt;CERP&lt;/span&gt;&lt;/a&gt;&lt;br&gt;&lt;br&gt;  0.99  2.01%    Quotes delayed at least 15 minutes     &lt;br&gt;&lt;br&gt;  Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, is providing shareholders with an update on the implementation of new payment terms being offered to customers. The Company also expects to collect all outstanding accounts receivables. &lt;br&gt;&lt;br&gt;  Cereplast has made adjustments in improving its current customer payment policy. First, all shipments to customers with outstanding invoices over 150 days have been halted. Second, more rigorous credit practices have been implemented including requiring advance payments, letters of credit or bank guarantees. As a result of the new payment terms, receivables outstanding have not increased. Also worth noting, Chairman and CEO Frederic Scheer has personally met with senior level executives of all of the customers with overdue invoices over the last two months. &lt;br&gt;&lt;br&gt;  Additionally, on December 21, 2011, the Company filed an amendment to its quarterly filing for the period ending September 30, 2011 to revise the disclosure in "Concentration of Credit Risk" and "Revenue Recognition" in Note 2 of the notes to the financial statements contained in the Form 10-Q. Cereplast had one large European customer that accounted for $7.6 million, or 36% of our accounts receivables, and another large European customer with $6.1 million, or 29% of our receivables. Management expects to be paid during the period December 2011 through February 2012, in accordance with agreed payments terms. These customers have acknowledged to Cereplast their agreement with the amounts owing and do not dispute the amounts recognized in revenue or recorded in accounts receivables by Cereplast. &lt;br&gt;&lt;br&gt;  As a result of the economic conditions in Europe felt by Cereplast&amp;#39;s European customers, Cereplast increased its allowance for doubtful accounts by $1.7 million in the quarter ended September 30, 2011 to reflect management&amp;#39;s assessment of credit risk associated with these customer balances. Cereplast is working with all customers to mitigate credit risk and ensure collection of all outstanding amounts. &lt;br&gt;&lt;br&gt;  Frederic Scheer, Chairman and CEO, stated, "Management has taken aggressive action to ensure that Cereplast will collect its outstanding receivables and has designed more rigorous standards for getting paid. While Europe&amp;#39;s macroeconomic conditions can be blamed for much of what we experienced, we had to adjust our payment terms to customers which will reduce the risk of outstanding balances becoming extended past our normal acceptable period. I have personally met with our major customers recently and I am working closely with each party to come to an agreement on payment plans to collect all of outstanding monies in a timely fashion. Two customers in particular accounted for 65% of the receivables outstanding as at September 30th, and we believe that the ability to make collections is manageable. I remain confident in our ability to collect on our outstanding receivables and look forward to updating our shareholders as we make progress." &lt;br&gt;&lt;br&gt;  About Cereplast, Inc. &lt;br&gt;&lt;br&gt;  Cereplast, Inc. (Nasdaq:CERP) designs and manufactures proprietary biobased, sustainable plastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting edge of bioplastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the foodservice industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com. You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast, Youtube.com/Cereplastinc and Stocktwits.com/symbol/CERP. The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27846701</link><pubDate>12/27/2011 3:14:20 PM</pubDate></item><item><title>[Savant] Cereplast Introduces Three New Technologically Advanced Compostable Resin Grades...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Introduces Three New Technologically Advanced Compostable Resin Grades Offering Improved Properties to the Bioplastics Market &lt;br&gt;&lt;br&gt;Dec 13, 2011 08:00:09 (ET) &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Dec 13, 2011 (GlobeNewswire via COMTEX) -- Cereplast, Inc. (CERP, Trade ), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, today announced that their three new resin grades, Compostable 3002, Compostable 3010, and Compostable 3020, have received DIN CERTCO certifications of compostability. These new resin grades provide superior properties and are for use on blown film extruder lines for the manufacture of compostable bags. &lt;br&gt;&lt;br&gt;Compostable 3002, Compostable 3010, and Compostable 3020 can substitute polyethylene for carry bag and trash bag applications, and provide a range of thickness, tear resistance and stretch. These materials, which consist of Ingeo(R) PLA and other compostable components, provide excellent processability, good tear resistance and reduced stretch under load when compared to the competition. All three resins are DIN CERTCO certified to be compostable up to 1.0 mil (0.0254 mm) thick. DIN CERTCO is the most prominent institute for standardization in Germany, and is highly regarded world-wide. DIN CERTCO is one of two certifying bodies recognized by EU Bioplastics for the certification of bioplastics, a requirement for selling compostable resin in Europe. &lt;br&gt;&lt;br&gt;"The market has been demanding improved properties for compostable films, and we are excited to introduce a new range of bioplastic resins that provide superior processability, better tear resistance, and less stretch," said Chairman and CEO of Cereplast, Frederic Scheer. "Consumers will particularly be pleased, as bags that stretch too much are a common complaint amongst shoppers, and our new compostable resins provide a solution." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP, Trade ) designs and manufactures proprietary biobased, sustainable plastics which are used as substitutes for traditional plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with traditional plastics. On the cutting edge of bioplastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables(R) resins are ideally suited for single-use applications where high biobased content and compostability are advantageous, especially in the foodservice industry. Cereplast Sustainables(R) resins combine high biobased content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com . You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast, Youtube.com/Cereplastinc and Stocktwits.com/symbol/CERP. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, www.globenewswire.com &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;&lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;Investor Relations: &lt;br&gt;Alliance Advisors, LLC &lt;br&gt;Alan Sheinwald &lt;br&gt;914-669-0222 &lt;br&gt;asheinwald@allianceadvisors.net &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27823812</link><pubDate>12/14/2011 10:32:23 AM</pubDate></item><item><title>[Savant] Cereplast Reports Third Quarter 2011 Results (Nov 14th)   Reports Gross Margins ...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Reports Third Quarter 2011 Results (Nov 14th) &lt;br&gt;&lt;br&gt;Reports Gross Margins of 16.7%, Representing a Sequential Increase of 460 Basis &lt;br&gt;Points &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Nov 14, 2011 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, compostable and &lt;br&gt;sustainable plastics, reported financial results for its third quarter ended &lt;br&gt;September 30, 2011. &lt;br&gt;&lt;br&gt;"Demand for bioplastic resin remains very strong as a result of new legislation &lt;br&gt;across Europe; however, macro-economic factors impacted the company during the &lt;br&gt;third quarter," stated Frederic Scheer, chairman and chief executive officer. &lt;br&gt;"The European financial crisis has precipitated, leading to longer payment terms &lt;br&gt;than typical for even Europe. While the quality of the receivables remains high, &lt;br&gt;the length is unacceptable, and we have taken action. In addition to aggressive &lt;br&gt;collections, we implemented more stringent controls for customer orders and &lt;br&gt;stopped shipments to customers with account balances aged beyond 150 days." &lt;br&gt;&lt;br&gt;"Although this impacted our revenue in the near term, we are confident in our &lt;br&gt;ability to drive long term growth. In fact to meet increasing demand, we secured &lt;br&gt;an Italy-based manufacturing plant to broaden our reach. In addition, we extended &lt;br&gt;our agreement with Italy-based Colortec S.r.l to supply bioplastic resin to the &lt;br&gt;Italian marketplace. Meanwhile, our disciplined pricing strategy has been well &lt;br&gt;accepted. As a result, we sequentially increased our third quarter 2011 gross &lt;br&gt;margins by 460 basis points to 16.7%, positioning us to exit the year with &lt;br&gt;margins in the 20% range." &lt;br&gt;&lt;br&gt;Recent Operating Highlights &lt;br&gt;&lt;br&gt;--Raised $5.0 million in a registered direct offering. &lt;br&gt;--Extended its agreement with Italy-based Colortec S.r.l, to supply &lt;br&gt;bioplastic resin to the Italian and Slovenian markets. Under the terms &lt;br&gt;of the agreement, Colortec is projecting to purchase $20 million of &lt;br&gt;materials in 2012. &lt;br&gt;--Purchased an Italy-based industrial plant to create efficiencies and to &lt;br&gt;continue expansion in the European market. &lt;br&gt;--Appointed bioplastics expert Dr. Michael Thielen as ombudsman for the &lt;br&gt;new bioplastics symbol; Thielen will oversee all matters related to the &lt;br&gt;usage and licensing requirements surrounding the symbol. &lt;br&gt;&lt;br&gt;Financial Results Third Quarter 2011 &lt;br&gt;&lt;br&gt;For the third quarter of 2011, net sales were $5.4 million, compared to $1.5 &lt;br&gt;million for the third quarter of 2010. This increase reflects growth in order &lt;br&gt;flow, relating to the growing demand for bioplastics. Gross profit for the third &lt;br&gt;quarter of 2011 was $894,000, or a 16.7% gross margin, compared to 25.2% for the &lt;br&gt;third quarter of 2010 and 12.1% in the second quarter of 2011. The expected &lt;br&gt;year-over-year gross margin decrease reflects the company&amp;#39;s stated strategy to &lt;br&gt;offer introductory pricing to certain key customers while Cereplast strives to &lt;br&gt;gain critical mass, and the sequential gross margin improvement reflects &lt;br&gt;operational efficiencies, and positive pricing trends. Third quarter 2011 net &lt;br&gt;loss was $3.6 million, or $0.23 per share, compared to a net loss of $2.2 &lt;br&gt;million, or $0.17 per share in the same period a year ago. &lt;br&gt;&lt;br&gt;Nine Months Ended September 30, 2011 Financial Results &lt;br&gt;&lt;br&gt;Net sales for the first nine months of 2011 were $20.2 million, compared to $2.4 &lt;br&gt;million for the same period a year ago. Gross profit was $2.5 million, or 12.5% &lt;br&gt;of net sales, compared to $671,000, or 27.4% for the same period a year ago. Net &lt;br&gt;loss was $7.7 million, or $0.50 per share, compared to a net loss of $5.6 &lt;br&gt;million, or $0.49 per share in the same period a year ago. &lt;br&gt;&lt;br&gt;Net cash used in operating activities for the nine months ended September 30, &lt;br&gt;2011 was $22.2 million, compared to $5.3 million for the same period in 2010, &lt;br&gt;reflecting the increase in accounts receivable amounts. &lt;br&gt;&lt;br&gt;At September 30, 2011, total cash and cash equivalents were $4.0 million, &lt;br&gt;compared to $2.4 million at December 31, 2010. At September 30, 2011, working &lt;br&gt;capital reached $21.4 million, compared to $5.2 million at December 31, 2010. &lt;br&gt;Shareholders&amp;#39; equity at September 30, 2011 was $11.3 million, compared to $6.9 &lt;br&gt;million at December 31, 2010. &lt;br&gt;&lt;br&gt;Outlook &lt;br&gt;&lt;br&gt;Management expects to report revenue for 2011 in the range of $25.0 million to &lt;br&gt;$28.0 million, representing a significant increase over its 2010 net sales of &lt;br&gt;$6.3 million. In addition, management expects to exit the year with gross margins &lt;br&gt;of 20% or higher. &lt;br&gt;&lt;br&gt;Conference Call &lt;br&gt;&lt;br&gt;The company will conduct a conference call and live webcast on November 14, 2011 &lt;br&gt;at 2:00 p.m. PST (5:00 p.m. EST), to discuss its third quarter 2011 financial &lt;br&gt;results. Participants include Frederic Scheer, Chairman and Chief Executive &lt;br&gt;Officer, and Heather Sheehan, Chief Financial Officer. &lt;br&gt;&lt;br&gt;To join the live conference call five to ten minutes prior to the scheduled &lt;br&gt;conference call time, please dial: 877-312-5508. International callers should &lt;br&gt;dial 253-237-1135. A live webcast and archive of the call will also be available &lt;br&gt;on the Investor Relations section of Cereplast&amp;#39;s website at &lt;br&gt;&lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. If you are unable to participate in the call at this &lt;br&gt;time, a telephonic replay will be available for three days starting two hours &lt;br&gt;after the conclusion of the call. To access the telephonic replay, dial &lt;br&gt;855-859-2056, international callers dial 404-537-3406, and enter the Conference &lt;br&gt;ID 20491688. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;plastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;Safe Harbor Statement &lt;br&gt;&lt;br&gt;Matters discussed in this press release contain forward-looking statements within &lt;br&gt;the meaning of the Private Securities Litigation Reform Act of 1995. When used in &lt;br&gt;this press release, the words "anticipate," "believe," "estimate," "may," &lt;br&gt;"intend," "expect" and similar expressions identify such forward-looking &lt;br&gt;statements. Actual results, performance or achievements could differ materially &lt;br&gt;from those contemplated, expressed or implied by the forward-looking statements &lt;br&gt;contained herein. These forward-looking statements are based largely on the &lt;br&gt;expectations of the Company and are subject to a number of risks and &lt;br&gt;uncertainties. These include, but are not limited to, risks and uncertainties &lt;br&gt;associated with: the impact of economic, competitive and other factors affecting &lt;br&gt;the Company and its operations, markets, product, and distributor performance, &lt;br&gt;the impact on the national and local economies resulting from terrorist actions, &lt;br&gt;and U.S. actions subsequently; and other factors detailed in reports filed by the &lt;br&gt;Company. &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED BALANCE SHEETS &lt;br&gt;(in thousands, except shares data) &lt;br&gt;&lt;br&gt;SeptemberDecember &lt;br&gt;30, 201131, 2010 &lt;br&gt;------------------- &lt;br&gt;(Unaudited) &lt;br&gt;ASSETS &lt;br&gt;Current Assets &lt;br&gt;Cash$4,030$2,391 &lt;br&gt;Accounts Receivable, Net19,1195,289 &lt;br&gt;Inventory, Net3,4861,392 &lt;br&gt;Prepaid Expenses and Other &lt;br&gt;Current Assets1,59365 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Current Assets28,2289,137 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Property and Equipment &lt;br&gt;Property and Equipment7,0075,564 &lt;br&gt;Accumulated Depreciation &lt;br&gt;and Amortization(2,894)(2,213) &lt;br&gt;------------------- &lt;br&gt;Property and Equipment, &lt;br&gt;Net4,1133,351 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Other Assets &lt;br&gt;Restricted Cash4343 &lt;br&gt;Deferred Loan Costs1,459266 &lt;br&gt;Intangible Assets, Net160173 &lt;br&gt;&lt;br&gt;Deposits4914 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Other Assets1,711496 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Assets$34,052$12,984 &lt;br&gt;=================== &lt;br&gt;&lt;br&gt;LIABILITIES AND &lt;br&gt;SHAREHOLDERS&amp;#39; EQUITY &lt;br&gt;Current Liabilities &lt;br&gt;Accounts Payable$3,207$2,567 &lt;br&gt;Accrued Expenses2,0951,251 &lt;br&gt;Capital Leases, Current &lt;br&gt;Portion369 &lt;br&gt;Loan Payable, Current &lt;br&gt;Portion1,504149 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Current Liabilities6,8423,976 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Long-Term Liabilities &lt;br&gt;Loan Payable3,3182,119 &lt;br&gt;Convertible Subordinated &lt;br&gt;Notes12,500-- &lt;br&gt;&lt;br&gt;Capital Leases, Long-Term59-- &lt;br&gt;------------------- &lt;br&gt;Total Long-Term &lt;br&gt;Liabilities15,8772,119 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Liabilities22,7196,095 &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Equity &lt;br&gt;Shareholders&amp;#39; Equity &lt;br&gt;Preferred Stock, $0.001 par &lt;br&gt;value; 5,000,000 shares &lt;br&gt;authorized and none &lt;br&gt;outstanding---- &lt;br&gt;Common Stock, $0.001 par &lt;br&gt;value; 495,000,000 shares &lt;br&gt;authorized; 15,793,553 and &lt;br&gt;12,992,195 shares issued &lt;br&gt;and outstanding at &lt;br&gt;September 30, 2011 and &lt;br&gt;December 31, 2010, &lt;br&gt;respectively1613 &lt;br&gt;Additional Paid in Capital61,99249,737 &lt;br&gt;Accumulated Deficit(50,658)(42,933) &lt;br&gt;Accumulated Other &lt;br&gt;Comprehensive Income(21)72 &lt;br&gt;------------------- &lt;br&gt;Total Shareholders&amp;#39; Equity11,3296,889 &lt;br&gt;&lt;br&gt;Noncontrolling Interests4-- &lt;br&gt;------------------- &lt;br&gt;&lt;br&gt;Total Equity11,3336,889 &lt;br&gt;------------------- &lt;br&gt;Total Liabilities and &lt;br&gt;Shareholders&amp;#39; Equity$34,052$12,984 &lt;br&gt;=================== &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME &lt;br&gt;(unaudited, in thousands, except per share data) &lt;br&gt;&lt;br&gt;Three months endedNine months ended &lt;br&gt;---------------------------------------- &lt;br&gt;&lt;br&gt;SeptemberSeptemberSeptemberSeptember &lt;br&gt;30, 201130, 201030, 201130, 2010 &lt;br&gt;------------------------------------ &lt;br&gt;&lt;br&gt;GROSS SALES$5,414$1,515$20,849$2,519 &lt;br&gt;Sales Discounts, Returns and &lt;br&gt;Allowances(45)(2)(628)(70) &lt;br&gt;------------------------------------ &lt;br&gt;NET SALES5,3691,51320,2212,449 &lt;br&gt;&lt;br&gt;COST OF SALES4,4751,13217,7011,778 &lt;br&gt;------------------------------------ &lt;br&gt;&lt;br&gt;GROSS PROFIT8943812,520671 &lt;br&gt;&lt;br&gt;Research and Development280106789302 &lt;br&gt;Selling, General and &lt;br&gt;Administrative3,6892,2338,4575,432 &lt;br&gt;------------------------------------ &lt;br&gt;&lt;br&gt;LOSS FROM OPERATIONS BEFORE &lt;br&gt;OTHER EXPENSES(3,075)(1,958)(6,726)(5,063) &lt;br&gt;&lt;br&gt;OTHER EXPENSES &lt;br&gt;Restructuring Costs--(275)--(586) &lt;br&gt;&lt;br&gt;Interest Expense, Net(513)1(999)-- &lt;br&gt;------------------------------------ &lt;br&gt;&lt;br&gt;TOTAL OTHER EXPENSE, NET(513)(274)(999)(586) &lt;br&gt;------------------------------------ &lt;br&gt;&lt;br&gt;NET LOSS BEFORE PROVISION FOR &lt;br&gt;INCOME TAXES(3,588)(2,232)(7,725)(5,649) &lt;br&gt;&lt;br&gt;Provision for Income Taxes-------- &lt;br&gt;------------------------------------ &lt;br&gt;&lt;br&gt;NET LOSS(3,588)(2,232)(7,725)(5,649) &lt;br&gt;&lt;br&gt;OTHER COMPREHENSIVE INCOME &lt;br&gt;Gain (Loss) on Foreign Currency &lt;br&gt;Translation(54)52(93)52 &lt;br&gt;------------------------------------ &lt;br&gt;&lt;br&gt;TOTAL COMPREHENSIVE LOSS$(3,642)$(2,180)$(7,818)$(5,597) &lt;br&gt;==================================== &lt;br&gt;&lt;br&gt;BASIC AND DILUTED LOSS PER &lt;br&gt;SHARE$(0.23)$(0.17)$(0.50)$(0.49) &lt;br&gt;==================================== &lt;br&gt;&lt;br&gt;WEIGHTED AVERAGE COMMON SHARES &lt;br&gt;OUTSTANDING, BASIC AND DILUTED15,77812,92515,47011,400 &lt;br&gt;==================================== &lt;br&gt;&lt;br&gt;CEREPLAST, INC. &lt;br&gt;CONSOLIDATED STATEMENTS OF CASH FLOWS &lt;br&gt;(unaudited, in thousands, except shares data) &lt;br&gt;&lt;br&gt;Nine Months Ended &lt;br&gt;-------------------- &lt;br&gt;&lt;br&gt;SeptemberSeptember &lt;br&gt;30, 201130, 2010 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;CASH FLOWS FROM OPERATING ACTIVITIES: &lt;br&gt;Net Loss$(7,725)$(5,649) &lt;br&gt;Adjustment to Reconcile Net Loss to Net &lt;br&gt;Cash Used in Operating Activities &lt;br&gt;Depreciation and Amortization694588 &lt;br&gt;Allowance for Doubtful Accounts1,78033 &lt;br&gt;Common Stock Issued for Services, &lt;br&gt;Salaries and Wages8741,333 &lt;br&gt;Amortization of Loan Discount57-- &lt;br&gt;Loss on Disposal of Leasehold &lt;br&gt;Improvements--15 &lt;br&gt;Impairment of Intangible Assets64-- &lt;br&gt;Changes in Operating Assets and &lt;br&gt;Liabilities &lt;br&gt;Accounts Receivable(15,609)(1,263) &lt;br&gt;Deferred Loan Costs223-- &lt;br&gt;Inventory(2,095)(210) &lt;br&gt;Deposits(35)56 &lt;br&gt;Prepaid Expenses and Other Current &lt;br&gt;Assets(1,514)92 &lt;br&gt;Restricted Cash--(43) &lt;br&gt;Accounts Payable269(315) &lt;br&gt;&lt;br&gt;Accrued Expenses86458 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;NET CASH USED IN OPERATING ACTIVITIES(22,153)(5,305) &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;CASH FLOWS FROM INVESTING ACTIVITIES: &lt;br&gt;Purchase of Property and Equipment, and &lt;br&gt;Intangibles(1,290)(184) &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;NET CASH USED IN INVESTING ACTIVITIES(1,290)(184) &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;CASH FLOWS FROM FINANCING ACTIVITIES: &lt;br&gt;Payments on Capital Leases(13)(23) &lt;br&gt;Proceeds from Capital Leases96-- &lt;br&gt;Noncontrolling Interest Activities4-- &lt;br&gt;Payments made on Notes Payable--(59) &lt;br&gt;Proceeds from Loan Payable, Net of Loan &lt;br&gt;Costs2,50020 &lt;br&gt;Proceeds from Convertible Subordinated &lt;br&gt;Notes, Net of Issuance Costs11,225-- &lt;br&gt;Proceeds from Issuance of Common Stock &lt;br&gt;and Subscriptions,11,3637,507 &lt;br&gt;&lt;br&gt;Net of Issuance Costs &lt;br&gt;------------------ &lt;br&gt;NET CASH PROVIDED BY FINANCING &lt;br&gt;ACTIVITIES25,1757,445 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;FOREIGN CURRENCY TRANSLATION(93)52 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;NET INCREASE IN CASH1,6392,008 &lt;br&gt;&lt;br&gt;CASH AND CASH EQUIVALENTS, BEGINNING OF &lt;br&gt;PERIOD2,3911,306 &lt;br&gt;------------------ &lt;br&gt;&lt;br&gt;CASH AND CASH EQUIVALENTS, END OF PERIOD$4,030$3,314 &lt;br&gt;================== &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;LHA &lt;br&gt;Investor Relations &lt;br&gt;Mary Magnani &lt;br&gt;(415) 433-3777 &lt;br&gt;cereplast@lhai.com &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27792740</link><pubDate>11/29/2011 10:11:43 AM</pubDate></item><item><title>[Savant] Cereplast Signs Distribution Agreement With GAMA Plastik to Supply Bioplastic  R...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Signs Distribution Agreement With GAMA Plastik to Supply Bioplastic &lt;br&gt;Resin in Turkey &lt;br&gt;&lt;br&gt;3 Year Contract for Projected 200 Metric Tons/Month in 2012 &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Nov 29, 2011 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, compostable and &lt;br&gt;sustainable plastics, today announced a three year distribution agreement with &lt;br&gt;GAMA Plastik AS to supply bioplastic resin in Turkey. GAMA Plastik is projecting &lt;br&gt;to purchase 200 metric tons per month in 2012 leading to significant increases in &lt;br&gt;purchased resin in 2013. &lt;b&gt;Cereplast anticipates generating revenue from the &lt;br&gt;agreement approximately within the next 90 days. &lt;/b&gt;&lt;br&gt;&lt;br&gt;GAMA Plastik is a leading plastic trader located in Istanbul, Turkey. They are &lt;br&gt;one of the fastest growing plastics markets in the world and third in terms of &lt;br&gt;market share in Europe behind Germany and Italy. GAMA Plastik has been in the &lt;br&gt;plastic industry for 15 years and recently began producing compounds and &lt;br&gt;specialty plastics for appliances and the automotive industry. Today, GAMA &lt;br&gt;Plastik has capacity to produce 30,000 metric tons per year. For more information &lt;br&gt;please visit &lt;a class='ExternURL' href='http://www.gamaplastik.com' target='_blank' &gt;gamaplastik.com&lt;/a&gt;. &lt;br&gt;&lt;br&gt;"Over the last 15 years we have developed industry expertise and a knowledgeable &lt;br&gt;customer base regarding sustainable plastic raw materials. We are very excited to &lt;br&gt;start this partnership with Cereplast and all our customers are ready to use our &lt;br&gt;products containing Cereplast&amp;#39;s raw material. Turkey has a young and dynamic &lt;br&gt;population and market strength in Europe. Cereplast&amp;#39;s name and quality in &lt;br&gt;compostable and sustainable bioplastics will help both companies increase their &lt;br&gt;market share," stated Aydemir Esencan, CEO of Gama Plastics Group. &lt;br&gt;&lt;br&gt;"We are pleased to reach another agreement in Turkey with an established and well &lt;br&gt;respected corporation such as GAMA Plastik," stated Frederic Scheer, Chairman and &lt;br&gt;CEO of Cereplast, Inc. "Turkey represents a large and growing market opportunity &lt;br&gt;for our biobased, sustainable plastics with 9% GDP growth and one of the fastest &lt;br&gt;growing plastics markets in the world. Our agreement with GAMA Plastik is for &lt;br&gt;three years with an initial target of 200 metric tons per month in 2012, with &lt;br&gt;significant plans for tonnage growth in 2013 and beyond. We foresee this growth &lt;br&gt;trend to continue over the next five years as demand for the product continues to &lt;br&gt;increase and we look forward to working alongside with our new business partner &lt;br&gt;GAMA Plastik over that period." &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;plastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of bioplastic material development, Cereplast now &lt;br&gt;offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostable(R)resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainable(R)resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast, Youtube.com/Cereplastinc and Stocktwits.com/symbol/CERP. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27792659</link><pubDate>11/29/2011 9:50:48 AM</pubDate></item><item><title>[Savant] Cereplast Announces Registered Direct Offering of $5.0 Million   Nov 11, 2011 08...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Announces Registered Direct Offering of $5.0 Million &lt;br&gt;&lt;br&gt;Nov 11, 2011 08:00:25 (ET) &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Nov 11, 2011 (GlobeNewswire via COMTEX) -- Cereplast, Inc. (CERP, Trade ), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, has entered into definitive agreements with institutional investors to sell an aggregate of 3,125,000 units, with each unit consisting of one share of its common stock, par value $0.001 per share ("Common Stock") and one warrant to purchase 0.75 shares of Common Stock, in a registered direct offering for gross proceeds of $5.0 million, before deducting placement agents&amp;#39; fees and estimated offering expenses. The investors have agreed to purchase the units for a negotiated price of $1.60 per unit. The per share exercise price of the warrants is $2.20. The warrants are exercisable beginning on the date that is 180 days following the closing date of this offering and will expire on the date that is five years from the closing date. &lt;br&gt;&lt;br&gt;The securities described above are being offered directly by Cereplast pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission. The company anticipates that the net proceeds from the offering will be used for general corporate purposes and working capital. The closing of this offering is expected to occur on or about November 16, 2011, subject to the satisfaction of customary closing conditions. &lt;br&gt;&lt;br&gt;Lazard Capital Markets LLC served as the lead placement agent and Ardour Capital Investments, LLC served as the co-placement agent for the offering. When available, copies of the preliminary prospectus supplement, the prospectus supplement and the accompanying base prospectus relating to the offering may be obtained from the Securities and Exchange Commission website at &lt;a class='ExternURL' href='http://www.sec.gov' target='_blank' &gt;sec.gov&lt;/a&gt; or from Lazard Capital Markets LLC at 30 Rockefeller Plaza, 60th Floor, New York, NY 10020. &lt;br&gt;&lt;br&gt;This press release does not and shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration of qualification under the securities laws of any state or jurisdiction. &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27761246</link><pubDate>11/11/2011 10:27:33 AM</pubDate></item><item><title>[Savant] Cereplast Reports Preliminary Results for the Third Quarter of 2011   Plans to H...</title><author>Savant</author><description>&lt;span id="intelliTXT"&gt;Cereplast Reports Preliminary Results for the Third Quarter of 2011 &lt;br&gt;&lt;br&gt;Plans to Hold Quarter End Conference Call on November 14th &lt;br&gt;&lt;br&gt;EL SEGUNDO, Calif., Nov 7, 2011 (GlobeNewswire via COMTEX) -- Cereplast, Inc. &lt;br&gt;(CERP), a leading manufacturer of proprietary biobased, compostable and &lt;br&gt;sustainable plastics, reported preliminary results for its third quarter ended &lt;br&gt;September 30, 2011. &lt;br&gt;&lt;br&gt;--For the third quarter of 2011, management &lt;br&gt;&lt;br&gt;--Expects to report revenue ranging from $5.2 million to $5.5 million; &lt;br&gt;--Anticipates gross margins to be approximately 16.5%, representing a 360 &lt;br&gt;basis point increase over the 12.1% in the second quarter of 2011; and &lt;br&gt;--Plans to take an allowance for doubtful accounts in the quarter ranging &lt;br&gt;from $1.5 million to $1.7 million. &lt;br&gt;&lt;br&gt;--Cereplast revised its 2011 full year revenue expectations to range from &lt;br&gt;$25 million to $28 million. &lt;br&gt;&lt;br&gt;"During the third quarter, we made progress executing on our pricing strategy to &lt;br&gt;increase margins and continue to believe we will exit the year with margins at &lt;br&gt;approximately 20%," stated Frederic Scheer, chairman and chief executive officer. &lt;br&gt;"However, due to the impact of the uncertain economic environment in Europe where &lt;br&gt;we currently sell the majority of our products, our receivables balance has grown &lt;br&gt;disproportionately to our sales and is approximately $19.1 million, net of &lt;br&gt;allowances, at September 30th. While European customers generally demand longer &lt;br&gt;payment terms than our North American customers, the recent economic &lt;br&gt;uncertainties in Europe may impact our ability to collect on some customer &lt;br&gt;balances and therefore we have increased our allowance for doubtful accounts to &lt;br&gt;reflect this market risk. Demand for our products in Europe remains strong, &lt;br&gt;however to mitigate further market and credit risk we have implemented more &lt;br&gt;stringent credit policies for new and existing European customers." &lt;br&gt;&lt;br&gt;Conference Call Information &lt;br&gt;&lt;br&gt;The financial results included in this press release are preliminary and subject &lt;br&gt;to change. Cereplast plans to report full results and give more in depth &lt;br&gt;information during its quarterly results call on November 14th, 2011 at 2:00 p.m. &lt;br&gt;PT (5:00 p.m. ET). &lt;br&gt;&lt;br&gt;To access the live conference call, dial 877-312-5508 (international dial-in &lt;br&gt;253-237-1135) and ask to join the Cereplast call. A live and archived webcast of &lt;br&gt;the conference call can be accessed from the investor section of Cereplast&amp;#39;s &lt;br&gt;website at investor.cereplast.com. A telephonic replay of the conference call can &lt;br&gt;be accessed at 855-859-2056 (international dial-in 404-537-3406). The replay will &lt;br&gt;be available starting two hours after the call and remain in effect for three &lt;br&gt;business days. The required pass code is 20491688. &lt;br&gt;&lt;br&gt;About Cereplast, Inc. &lt;br&gt;&lt;br&gt;Cereplast, Inc. (CERP) designs and manufactures proprietary biobased, sustainable &lt;br&gt;plastics which are used as substitutes for traditional plastics in all major &lt;br&gt;converting processes - such as injection molding, thermoforming, blow molding and &lt;br&gt;extrusions - at a pricing structure that is competitive with traditional &lt;br&gt;plastics. On the cutting-edge of biobased plastic material development, Cereplast &lt;br&gt;now offers resins to meet a variety of customer demands. Cereplast &lt;br&gt;Compostables(R) resins are ideally suited for single-use applications where high &lt;br&gt;biobased content and compostability are advantageous, especially in the food &lt;br&gt;service industry. Cereplast Sustainables(R) resins combine high biobased content &lt;br&gt;with the durability and endurance of traditional plastic, making them ideal for &lt;br&gt;applications in industries such as automotive, consumer electronics and &lt;br&gt;packaging. Learn more at &lt;a class='ExternURL' href='http://www.cereplast.com' target='_blank' &gt;cereplast.com&lt;/a&gt;. You may also visit the &lt;br&gt;Cereplast social networking pages at Facebook.com/Cereplast, &lt;br&gt;Twitter.com/Cereplast and Youtube.com/Cereplastinc. &lt;br&gt;&lt;br&gt;The Cereplast, Inc. logo is available at &lt;br&gt;&lt;a class='ExternURL' href='http://www.globenewswire.com/newsroom/prs/?pkgid=9567' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;Safe Harbor Statement &lt;br&gt;&lt;br&gt;Matters discussed in this press release contain forward-looking statements within &lt;br&gt;the meaning of the Private Securities Litigation Reform Act of 1995. When used in &lt;br&gt;this press release, the words "anticipate," "believe," "estimate," "may," &lt;br&gt;"intend," "expect" and similar expressions identify such forward-looking &lt;br&gt;statements. Actual results, performance or achievements could differ materially &lt;br&gt;from those contemplated, expressed or implied by the forward-looking statements &lt;br&gt;contained herein. These forward-looking statements are based largely on the &lt;br&gt;expectations of the Company and are subject to a number of risks and &lt;br&gt;uncertainties. These include, but are not limited to, risks and uncertainties &lt;br&gt;associated with: the impact of economic, competitive and other factors affecting &lt;br&gt;the Company and its operations, markets, product, and distributor performance, &lt;br&gt;the impact on the national and local economies resulting from terrorist actions, &lt;br&gt;and U.S. actions subsequently; and other factors detailed in reports filed by the &lt;br&gt;Company. &lt;br&gt;&lt;br&gt;This news release was distributed by GlobeNewswire, &lt;a class='ExternURL' href='http://www.globenewswire.com' target='_blank' &gt;globenewswire.com&lt;/a&gt; &lt;br&gt;&lt;br&gt;SOURCE: Cereplast, Inc. &lt;br&gt;CONTACT: Cereplast, Inc. &lt;br&gt;Public Relations &lt;br&gt;Nicole Cardi &lt;br&gt;(310) 615-1900 x154 &lt;br&gt;ncardi@cereplast.com &lt;br&gt;LHA &lt;br&gt;Investor Relations &lt;br&gt;Mary Magnani &lt;br&gt;(415) 433-3777 &lt;br&gt;cereplast@lhai.com &lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27751320</link><pubDate>11/7/2011 10:46:59 AM</pubDate></item></channel></rss>