31.10.2007 - Swiss CORVAGLIA and Norwegian SMARTSEAL AS signs Agreement on Unique No-spill Beverage Closures

Eschlikon, Switzerland / Sandnes, Norway. 31. October 2007.

The two companies specialising in beverage closures have signed an agreement that covers development, manufacturing and sales of the patented SmartSeal FLEX range of closures.

 Romeo Corvaglia/ Jan Skoglund/ Thomas Anderegg 

The SmartSeal FLEX family of closures are unique in their functionality and design, with an automatically activated valve as the main feature. This provides spill control and increased user convenience in the growing market of

on-the-go consumption.

“The active closure, SmartSeal FLEX, complements perfectly the wide product range of Corvaglia”, says Thomas Anderegg, CEO of Corvaglia Closures. “Corvaglia can bring this innovative product to market in a short time without compromise”.

“This agreement gives us the possibility to offer our customers an off-the-shelf closure solution” explains CEO of SmartSeal, Jan Skoglund. “Working with Corvaglia puts SmartSeal in a premium position when introducing the SmartSeal FLEX range of closures to the market.”

The agreement covers manufacturing and sales in Europe and Latin America.

About Smart Seal:

·          Norwegian company based in Sandnes, Norway

·          Founded in 2001

·          Developing and selling innovative beverage closures

·          Employees: 7