Environmental Products Corporation Files Antitrust Complaint Against Tomra Systems ASA and Tomra North America

NAUGATUCK, Conn., Nov. 4, 2010 /PRNewswire/ -- Environmental Products Corporation (Envipco), a subsidiary of Envipco Holding N.V., a publicly listed company on the Brussels Euronext Exchange (Symbol: ENV), announced today the filing of a complaint against Tomra Systems ASA, a publicly listed company on the Oslo Stock Exchange (Symbol: TOM) and Tomra North America, Inc. (Tomra) for anticompetitive, unfair and deceptive practices that violate federal antitrust laws and state unfair trade practice acts.  

Envipco's complaint, which was filed today in the federal court for the District of Connecticut, seeks to enjoin Tomra from continuing its anticompetitive, unfair and deceptive practices and seeks compensatory, punitive and treble damages for the injury to Envipco.  As alleged in the complaint, Envipco is challenging, among other things, Tomra's use of exclusive contracts and the early renewal of its contracts to foreclose reverse vending machine competition.  A complete copy of the complaint can be found on Envipco's website at www.envipco.com.

Envipco noted that Tomra engaged in similar conduct in the European Union and, as a result, was found guilty of violating the European Union's antitrust laws.  Tomra recently lost its appeal of that decision.  

"At Envipco, we encourage fair competition, which we believe brings innovation and provides a wider choice at competitive prices," said Envipco CEO Gool Santchurn.  "In the coming months, we will be launching a number of technologically advanced platforms for the collection of beverage containers, which we believe will benefit the industry and reinforces the importance of an open marketplace."

ABOUT ENVIPCO HOLDING N.V.

Envipco Holding N.V., the parent company of Environmental Products Corporation (Envipco), is a recognized leader in providing innovative recycling systems and solutions for the recovery and recycling of post consumer beverage containers. The Group's principal activities include the following:

• The design, development, manufacture and sale or lease of reverse vending machines "RVM" as the foundation of recycling systems for the collection and processing of used beverage containers.
• The provision of technical support, RVM maintenance and accounting services to the retail stores, bottlers and distributors for containers redeemed through these machines.
• Provision of materials handling services, primarily in the Northeastern part of the USA, for containers that are subject to deposits mandated by law.
• The processing of used Polyethylene terephthalate (PET) and High-density polyethylene (HDPE) plastics for recycling.

SOURCE Environmental Products Corporation