Peak International Expands Disk Drive Product Line

Joins IDEMA industry trade organization

    HONG KONG, Sept. 14 /PRNewswire-FirstCall/ -- Peak International,
 Limited ( PEAK), a market leader in plastics design, engineering,
 production and supply chain solutions, today announced it has expanded its
 leading product suite available to disk drive component manufacturers
 worldwide. In addition to the new products, the company also formally
 joined IDEMA, the international disk drive equipment and materials
 organization.
     "Peak has been serving the disk drive industry for more than eight
 years and we've worked hard to supply some of the largest disk drive
 manufacturers in the world with our core products," said Dean Personne,
 Peak's president and chief executive officer. "As a direct result of
 customer requests, we've expanded our product line and are stepping up to
 take a more active role in the industry."
     Peak's full product line now includes multi-dimension disk shipping
 caddies, in-process caddies, voice coil motor trays, spacer combs, air
 filter trays, head stack assembly trays as well as TSA and CIS suspension
 trays. The company's professional services group also has the ability to
 custom build virtually any plastic tray or caddie required by a customer.
 Each new product will continue to flow through Peak's industry leading
 manufacturing and quality assurance process.
     "We've never been more committed to the disk industry," said Jim
 Steger, Peak's vice president for the company's disk drive division. "We're
 focused on quality, we've invested in clean room manufacturing operations
 and we're committed to leveraging our global JIT footprint to meet the
 delivery requirements of every one of our clients."
     With offices in Hong Kong, manufacturing facilities in Shenzhen (PRC),
 and distribution centers worldwide, Peak offers products and manufacturing
 capabilities already used by some of the world's largest companies for
 high- speed, automated manufacturing processes that require dimensional
 stability and precision tolerances. Peak has substantial manufacturing
 capacity, tooling and design expertise, and a worldwide footprint to
 support even the toughest JIT requirements. The company currently offers
 disk drive, semiconductor, consumer and medical products to some of the
 world's largest companies.
     About Peak International Limited
     Peak International Limited (http://www.peakinternational.com) is a
 leading supplier of precision-engineered packaging products for storage,
 transportation and automated handling of disk drive components,
 semiconductor devices as well as precision medical products. There are
 approximately 1,600 people who for Peak worldwide and its headquarters are
 in Honk Kong with major manufacturing operations in Shenzhen, the PRC,
 which is operated pursuant to a processing agreement with an unaffiliated
 party. Peak operates warehouses throughout the world and offers JIT
 services to some of the world's largest disk drive and other companies.
     Cautionary Note Regarding Forward-Looking Statements
     This press release contains forward-looking statements within the
 meaning of the "safe harbor" provision of the Private Securities Litigation
 Reform Act of 1995, including, without limitation, statements related to
 the Company's ability to continue serving disk drive customers and to
 expand product offerings to the disk drive industry. These and other
 forward-looking statements are not guarantees of future results and are
 subject to known and unknown risks, uncertainties and other factors that
 may cause actual results, performance or achievements of the Company to be
 materially different from any future results, performance or achievements
 expressed or implied by the forward-looking statements. Such factors
 include but are not limited to: price of raw materials, factors relating to
 conditions in semiconductor, disk drive and electronic industries, the
 amounts the Company may have to pay for workers at the PRC factory operated
 by a third party, difficulties related to working in the PRC, including
 regional government and processing partner relations, the market acceptance
 of its products, the introduction of new products by the Company's
 competitors, any future economic downturn, and other matters that could
 cause actual results to differ materially from the projections made herein.
 Additional risks are detailed in the Company's filings with the Securities
 and Exchange Commission, including the Company's Quarterly Reports on Form
 10-Q and Annual Report on Form 10-K filed on June 29, 2007. Statements
 included in this press release are based on information known to the
 Company as of the date of this release, and the Company assumes no
 obligation to update or revise any forward-looking statements or to update
 the reasons why actual results could differ from those projected in any
 forward- looking statement in this release.
     Contacts:
     John Supan                              Lytham Partners, LLC
     Chief Financial Officer                 Joe Diaz
     Peak International Limited, Hong Kong   Joe Dorame
     +852-3193-6000                          Robert Blum
                                             (602) 889-9700
 
 

SOURCE Peak International, Limited