Resin Systems Starts Commercial Shipments

    CALGARY, Sept. 24 /CNW/ - Resin Systems Inc. ("RS") (RS - TSX / RSSYF -
OTCBB), a developer of innovative advanced material products, today announced
that it has started shipments of RStandard(TM) utility poles from its contract
manufacturer's, Global Composite Manufacturing, Inc.("Global"), production
facility in Tilbury, Ontario. RS announced the start of commercial production
by Global on August 27, 2007.
    The resumption of predictable and increasing shipments to customers
follows the combined efforts of RS and Global to solve the previously
announced manufacturing challenges encountered by RS in 2006. RS now confirms
that these issues have been solved and improvements include:

    -   eliminating production interruptions due to equipment and automation
        performance issues;
    -   reducing material waste (loss of material during the manufacturing
        process) to negligible and sustainable targeted levels;
    -   consistently maintaining scrap levels (finished product not meeting
        RS's quality control) within target levels; and
    -   solving staff availability and cost issues by moving production to
        southwestern Ontario.


    Global is currently operating the first production cell with one shift
and plans to add second and third shifts in the fourth quarter. Full
production (three shifts) is expected by year-end. With consistent production
results and the start of shipments from the first cell, RS and Global are now
focused on implementing the improvements on the second production cell.
Commissioning and production on the second cell is anticipated in the first of
half of 2008.
    "Resuming shipments to customers is what we have worked so hard to
achieve this year," said Paul Giannelia, president and chief executive
officer. "We are confident in reaching full production on the first cell by
year-end and commissioning the second cell in the first half of 2008."

    Reader Advisory

    Certain information set forth in this MD&A, including management's
assessment of RS's and Global Composite Manufacturing, Inc.'s future plans and
operations, contains forward-looking statements which are based on RS's
current internal expectations, estimates, projections, assumptions and
beliefs, and which may prove to be incorrect. Some of the forward-looking
statements may be identified by words such as anticipate", "believe", "plan",
"estimate", "expect", "predict", "intend", "will", "may", "could", "would",
"should" and similar expressions intended to identify forward-looking
statements. These statements are not guarantees of future performance and
reliance should not be placed on them. Such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may cause
RS's actual performance and financial results in future periods to differ
materially from any projections of future performance or results expressed or
implied by such forward-looking statements. These risks and uncertainties
include, among other things, RS's lack of revenues and unpredictability of
future revenues; the uncertainty of the profitability of existing and
contemplated products of RS; RS's future capital requirements; RS's future
labour requirements; competition from established competitors with greater
resources; the uncertainty of developing a market for RS's products or for
third party products incorporating its products; RS's reliance on third
parties to manufacture and sell its RStandard products and to manufacture and
sell a line of rollers based on its RStandard composite tubes; RS's reliance
on third party licensees in international markets; the risks associated with
rapidly changing technology; RS's reliance on third parties to supply raw
materials to it so it may make its Version resin and RStandard composite
tubes; intellectual property risks, risks associated with international
operations, foreign exchange rate fluctuations and changes in general
economic, market and business conditions. Many of these risks and
uncertainties are described in RS's 2006 Annual Information Form and other
documents RS files with the Canadian securities authorities and the United
States Securities and Exchange Commission. The forward-looking statements are
made as of the date hereof and RS assumes no obligation to update or revise
such statements to reflect new events or circumstances unless otherwise
required to by applicable securities laws. Any forward-looking information
contained herein is expressly qualified by this cautionary statement.

    About RS

    RS is a developer of innovative advanced material products for
large-scale industrial markets. These products replace products which
traditionally have been made using conventional building blocks of wood,
concrete and steel. The foundation of RS is continuous innovation and product
development utilizing its proprietary Version(TM) polyurethane resin system.
    RS has successfully developed the RStandard(TM) composite roller tube and
the award winning RStandard(TM) modular composite utility pole. For the latest
on RS's developments, click on "Latest News" on

    "Version", "RStandard" and "VRoll" are trademarks of RS.

For further information:

For further information: Resin Systems Inc., Laurien Abel, Investor and
Public Relations Coordinator, Tel: (403) 219-8000, Fax: (403) 219-8001, Email:

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890