Nobel Laureate Robert Mundell Joins Seafront Specialty Paper Advisory Board for 'Green' Manufacturing

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Seafront Specialty Paper Inc. (BVI), a global specialty paper manufacturer and distributor applying comprehensive "green" manufacturing technology in the specialty paper industry, is very pleased to announce that Professor Robert A. Mundell of Columbia University has accepted an invitation to join the company's Advisory Board of Directors.

I am sure the company is a fine one, and will be a winner. I am glad to be a part of that leadership as an Advisory Board member

The paper industry needs to be a proactive steward of the environment; Seafront Specialty Paper is making green manufacturing technology a hallmark of their expansion as a global specialty paper manufacturer, and will be a recognized industry leader for applying a comprehensive environmental stewardship manufacturing strategy to their global business portfolio.

Potsdam Specialty Paper Inc. ( General Manager Ron Charette stated, "We are delighted with the appointment of Professor Mundell, he is a visionary strategic leader, with experience and a passionate interest in environmental stewardship and green technology which will be of tremendous value to both PSPI and our global enterprise."

Seafront Specialty Paper will apply best-of-breed technology from its US specialty paper production operation to its future acquisition of China based manufacturing plants. Most interesting to the Board Advisor, Seafront Specialty Paper's comprehensive green technology approach encompasses world class waste water treatment, renewable energy strategies using hydro and biomass gasification, energy efficiency programs for power and lighting optimization, and working with industrial waste providers to utilize scrap industrial waste in many of the products.

The Board of advisors believes that Seafront Specialty Paper's ability to apply the world-class expertise of its Potsdam, NY-based production operations to its Chinese affiliates will make it a long-term leader in the specialty paper industry. "I am sure the company is a fine one, and will be a winner. I am glad to be a part of that leadership as an Advisory Board member," said Professor Mundell.

About Seafront Specialty Paper
With a foundation of over $40 million in capital investment and $30 million in R&D, Seafront will apply its best-of-breed green technology platform in Potsdam, NY to paper mill acquisitions in China. This will establish a new industry benchmark in China for environmental stewardship which will have a lasting impact on the environment. PSPI will continue to be a global leader in specialty paper production technology and a benchmark for comprehensive green technology and environmental stewardship.

About Professor Robert A. Mundell Columbia University
Professor Mundell is a 1999 Nobel Laureate in Economics, a globally respected economist that has been advisor to a number of International Agencies and Organizations including the United Nations, the IMF, the World Bank, the European Commission, and several Fortune 500 companies.

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