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Technology News - January 2005

Meridian Business Solutions Signs Lease for First Facility to Manufacture EarthShell Packaging

Plant to be Ready to Accept First Modules by February

From BUSINESS WIRE

LARKSPUR, Calif.--Meridian Business Solutions, an EarthShell Corp. licensee has finalized and signed a lease agreement for a facility in Springfield, Missouri, as the company's first manufacturing operations for EarthShell Packaging products.

MBS chose to commit to the Missouri location based on a variety of favorable conditions, while the previously announced San Francisco facility will be reviewed as a potential secondary manufacturing location. Additionally, MBS is moving into new corporate office space in Larkspur, in the San Francisco bay area.

By locating the first manufacturing facility in Missouri in close proximity to Detroit Tool and Engineerin--manufacturers of the equipment--MBS will benefit from shorter transportation times, reduced shipping and installation costs and as a result of greater access by DTE personnel, an even smoother transition in manufacturing start-up is anticipated. With the capability of housing and operating over 100 equipment modules, the Missouri facility will also provide MBS adequate room for future expansion.



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