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State of Massachusetts Awards Cereplast Contract for Bio-Based Plastics Products

State of Massachusetts Awards Cereplast Contract for Bio-Based Plastics Products

Published 11-06-06

Submitted by Cereplast, Inc.

HAWTHORNE, Calif.--(BUSINESS WIRE)--Nov. 6, 2006--Cereplast(TM), Inc. (OTCBB:CERP), a producer of proprietary bio-based resins used as a substitute for petroleum-based plastics, today reports that the company was recently awarded Commonwealth of Massachusetts State contract GR020, for the purchase of products made with Cereplast's bio-based resins. The contract provides biodegradable foodservice products that comply with the Biodegradable Product Institute (BPI) standards. The foodservice products are made from Cereplast's bio-based resins.

The State of Massachusetts through the Environmentally Preferable Products Procurement Program is incentivizing state agencies and subdivisions to purchase products that have a reduced negative effect on the environment. This follows on the recently reported inclusion of Cereplast in the Federal governments' own preferred purchasing program, aimed at encouraging federal agencies to utilize products made from bio-based plastics. Last year alone, the federal General Services Administration spent more than $23 billion dollars to purchase items for the federal government's use.

Frederic Scheer, Cereplast's CEO, noted the "level of commitment and leadership shown by the State of Massachusetts in offering products that reduce environmental impact and improve public health is impressive and forward thinking. People are looking for products that are renewable, can be composted and remain part of the nutrient cycle. Actions like those taken by Massachusetts are at the forefront of a wave being ridden by both government and industry that is sweeping the country from coast to coast."

Emphasizing that the trend toward utilizing products made from sustainable resources is being driven by both government and industry, Scheer commented on industry's rapid move toward encouraging the sustainability movement. "Businesses are rapidly awakening to the fact that their consumers want environmentally friendly products, and they are pouring billions of dollars into integrating sustainability into their product lines." He noted the company's recent alliance with Alcoa KAMA, the sheet extrusion division of Reynolds Food Packaging, an Alcoa business (NYSE:AA), to provide the bio-degradable feed stock that is turned into plastic films for the food packaging and food service industry as an example of how both industry is also racing toward a more environmentally neutral posture. (Read full release, http://www.cereplast1.com/ce/index.php?option=com_content&task=view&id =82&Itemid=100) (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

About Cereplast, Inc.

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary starch-based, renewable plastics. Cereplast has developed a breakthrough technology to produce proprietary bio-based resins which are used as substitutes for petroleum-based plastics offering price stability and competitive costs compared to traditional resins. Cereplast resins can be used in all major converting process such as injection molding, thermoforming, blow molding and extrusions. Made from renewable resources such as corn and potato starch, Cereplast resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute) and have comparable or superior performance characteristics to conventional plastics and return to nature quickly and safely. Learn more at www.cereplast.com.

Safe Harbor Statement

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.

Copyright Business Wire 2006

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Cereplast, Inc.

Cereplast, Inc.

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary starch-based, renewable plastics. Cereplast has developed a breakthrough technology to produce proprietary bio-based resins which are used as substitutes for petroleum-based plastics offering price stability and competitive costs compared to traditional resins. Cereplast resins can be used in all major converting process such as injection molding, thermoforming, blow molding and extrusions. Made from renewable resources such as corn and potato starch, Cereplast resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute) and have comparable or superior performance characteristics to conventional plastics and return to nature quickly and safely. Learn more at www.cereplast.com.

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