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Yupo Announces Latin American Export Partnership

Press release from the issuing company

CHESAPEAKE, VA (May 4, 2005) – Yupo Corporation America, the largest manufacturer of synthetic paper in the Western Hemisphere, announces a new export sales and distribution partnership with Mario Coto Gaucherand, formerly the Yupo sales manager responsible for Latin America. Mr. Coto Gaucherand will continue to manage all sales and distribution in the region under an exclusive agreement with Hacienda Federico, which also markets other non-competing paper products for packaging, commercial printing, and labeling applications. “Our unique partnership will provide Yupo Latin American customers with immediate personal support from myself with expanded services through the regional expertise of Hacienda Federico,” says Mr. Coto Gaucherand. Latin American packaging, printing, and labeling professionals will receive the same high quality YUPO products and technical customer service from Yupo Corporation America. “Yupo Corporation America is committed to continuing to provide best-in-class service to its Latin American customers,” says Paul Mitcham, National Marketing Manager for Yupo. “We are confident that this new agreement with Mr. Coto Gaucherand will allow us to continue doing just that. His numerous years of experience will continue to be invaluable.”