target's decision, page-6

hi again
spoke to the company today
apparently biograde was not the only one trialling so no announ. as no decision has being made who will supply but the trial was conducted in 12 stores wonder how we went shouldnt be long as the ban on plastic bags takes effect on the 4th of may 2009 .
below part of the announ. put out by cnn.


TO: COMPANY ANNOUNCEMENTS OFFICE
AUSTRALIAN SECURITIES EXCHANGE
DATE: 20 March 2009
KMART SELECTS BIOGRADE LIMITED TO SUPPLY COMPOSTABLE BAGS
Cardia Technologies Limited (Cardia or CNN) is pleased to announce that its recently acquired subsidiary
Biograde Limited has been appointed the supplier of compostable shopping bags for Kmart stores.
The Biograde compostable bags are part of a trial being conducted by Kmart across the retailer’s 12 stores
in South Australia commencing 20 March 2009. South Australian Minister for Environment and
Conservation JayWeatherill launched the customer trial, which is being conducted by Kmart to determine
what kind of bags will be offered to customers after the South Australian Government ban on plastic
checkout bags takes effect on 4 May 2009. During the Kmart trial, customers requiring a bag will select
from compostable bags produced by Biograde or reusable paper bags at a charge of 15 cents per bag, or
the coloured calico/cotton/jute fabric bags.
Biograde managing director Dr Frank Glatz said the company is privileged to be part of this important
Kmart project. “We thank Kmart for this opportunity to have consumers genuinely trial our product in a
situation of heightened awareness.” he said. “Our products have been extensively tested and are
accredited by the major international testing authorities. We source our own raw materials, formulate and
manufacture the resin and produce the bags ourselves, so we know that we are providing a product that
performs to those standards. Most importantly, these compostable bags will decompose safely in the
council waste management system,” Dr Frank Glatz said.