³Ô¹Ï51±¬ÁÏÍø Cork & Seal Signs Can Shaping License Agreement With Amcor Limited

Monday, January 6, 2003

PHILADELPHIA, Jan. 6 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK), announced today the signing of another technology license agreement with Amcor Limited, the leading beverage can manufacturer in Australia and New Zealand. This license will allow Amcor to use ³Ô¹Ï51±¬ÁÏÍø's proprietary can shaping technology for the shaping of beverage cans in different sizes in Australia and New Zealand. ³Ô¹Ï51±¬ÁÏÍø's market leading shaping technology has been effectively used by ³Ô¹Ï51±¬ÁÏÍø's customers to emphasize brand identity and to differentiate new products on the retail shelf. This innovation has been successfully used in Europe and North America to develop new business for ³Ô¹Ï51±¬ÁÏÍø and its customers.

³Ô¹Ï51±¬ÁÏÍø recently also announced a technology license agreement with Amcor Limited for the use of ³Ô¹Ï51±¬ÁÏÍø's patented SuperEnd(TM) beverage end technology. SuperEnd(TM) beverage end technology offers performance and cost advantages that have positioned SuperEnd(TM) to become the new global standard for beverage ends. "We are excited about the expanded market possibilities that these two new technologies bring to us and our customers in the highly competitive beverage marketplace," said Darryl Roberts, Group General Manager, Amcor Metal Packaging.

³Ô¹Ï51±¬ÁÏÍø Cork & Seal is a leading supplier of packaging products to consumer marketing companies around the world. World headquarters are located in Philadelphia, Pennsylvania.

SOURCE ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc.