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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<html><head><title>Portola Packaging</title><meta name="GENERATOR" content="Freeway Pro 3.5.12"><style type="text/css">
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</script></head><body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0 bgcolor="#ffffff" link="#666666" alink="#faa70e" vlink="#999999" onload="FWPreload()"><table border=0 cellspacing=0 cellpadding=0 width=762><tr valign=top><td colspan=10 rowspan=9><a href="index.html"><img src="whitelogo1.gif" border=0 width=560 height=120 alt=""></a></td><td colspan=3></td><td height=46></td></tr><tr valign=top><td></td><td><img src="aboutusnorma.gif" border=0 width=84 height=14 alt="" usemap="#map1" name="img3"></td><td></td><td height=14></td></tr><tr valign=top><td colspan=3></td><td height=4></td></tr><tr valign=top><td></td><td><img src="ourworknorma.gif" border=0 width=84 height=14 alt="" usemap="#map2" name="img4"></td><td></td><td height=14></td></tr><tr valign=top><td colspan=3></td><td height=4></td></tr><tr valign=top><td></td><td><img src="contactusnorma.gif" border=0 width=84 height=14 alt="" usemap="#map3" name="img1"></td><td></td><td height=14></td></tr><tr valign=top><td colspan=3></td><td height=4></td></tr><tr valign=top><td></td><td><img src="clientloginnorma.gif" border=0 width=84 height=14 alt="" usemap="#map4" name="img2"></td><td></td><td height=14></td></tr><tr valign=top><td colspan=3></td><td height=6></td></tr><tr valign=top><td colspan=4></td><td colspan=9 bgcolor="#cccccc"><spacer type=block width=1 height=1></td><td height=20></td></tr><tr valign=top><td colspan=10></td><td colspan=3 rowspan=12><img src="Portola-198-300.jpg" border=0 width=200 height=303 alt=""></td><td height=12></td></tr><tr valign=top><td rowspan=3></td><td colspan=2 rowspan=3><img src="_clear.gif" border=0 width=1 height=1 alt=""><br><img src="item3ah.gif" border=0 width=130 height=18 alt=""></td><td colspan=7></td><td height=4></td></tr><tr valign=top><td></td><td colspan=3><img src="_clear.gif" border=0 width=1 height=2 alt=""><br><img src="item5a.gif" border=0 width=44 height=10 alt=""></td><td colspan=3></td><td height=16></td></tr><tr valign=top><td colspan=7></td><td height=5></td></tr><tr valign=top><td colspan=10></td><td height=3></td></tr><tr valign=top><td rowspan=8></td><td rowspan=8><p class="BodyTextSM"><font face="Arial, Helvetica, Verdana" size="-1">The plastic packaging industry is extremely competitive, with international suppliers competing for market share in core consumer industries. While Portola enjoys significant penetration in its three top categories (milk, juice and beverages), margins were low due to the commodity nature of the products. To meet profitability and growth targets, the company needed to identify new markets and develop innovative products offering higher margins as well as IP protection. </font></p><p class="BodyTextSM"><font face="Arial, Helvetica, Verdana" size="-1">Collaborating with Petrov New Venture Group and other associates with backgrounds from companies such as Clorox, Nestle, Kraft and Procter & Gamble; Tangibility conducted comprehensive market opportunity analyses to identify profitable and growth-oriented new markets. After a rigorous analysis process, two markets were selected for further in-depth analysis and market selection. Based on the team's recommendations, Portola engaged in M&A activities, culminating in the acquisition of Tech Industries - a leader in packaging for the Health and Beauty industry. </font></p><p class="BodyTextSM"><font face="Arial, Helvetica, Verdana" size="-1">For the other identified market, the recommended strategy was to develop proprietary designs for key customers and for the company's catalog of stock closures. Our team led the effort -- including innovation workshops, concept development and testing, product design, and prototyping. We also engaged in business development with key customers, initiating contact in the discovery phase, and collaborating with customers through product design.</font></p><p class="BodyTextSM"><font face="Arial, Helvetica, Verdana" size="-1"> </font></p><p class="BodyTextSM"><font face="Arial, Helvetica, Verdana" size="-1"><font size="-2" color="#666666"> </font></font></p></td><td colspan=8></td><td height=4></td></tr><tr valign=top><td colspan=2 rowspan=3></td><td rowspan=3><a href="portolapackaging.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSlave(top.frames,'Indigo',2,1)" onMouseOut="FWRestore(1,'Indigo',2);FWSRestore(top.frames,'Indigo')"><img src="portolab.gif" border=0 width=62 height=62 alt=""></a></td><td colspan=5></td><td height=40></td></tr><tr valign=top><td></td><td colspan=2><img src="aboutusnorm1a.gif" border=0 width=84 height=14 alt="" usemap="#map5" name="img5"></td><td colspan=2></td><td height=14></td></tr><tr valign=top><td colspan=5></td><td height=8></td></tr><tr valign=top><td colspan=8></td><td height=14></td></tr><tr valign=top><td colspan=2></td><td colspan=5><p class="GrayList"><font face="Arial, Helvetica, Verdana" size=2 color="#666666">Conducted cross-industry market opportunity analyses to identify profitable and growth-oriented industries.</font></p><p class="GrayList"><font face="Arial, Helvetica, Verdana" size=2 color="#666666">Recommendations led to successful acquisition in one recommended industry, and product development activities in the other. </font></p></td><td></td><td height=160></td></tr><tr valign=top><td colspan=8></td><td height=23></td></tr><tr valign=top><td colspan=11></td><td height=140></td></tr><tr><td width=10><img src="_clear.gif" border=0 width=10 height=1 alt=""></td><td width=320><img src="_clear.gif" border=0 width=320 height=1 alt=""></td><td width=3><img src="_clear.gif" border=0 width=3 height=1 alt=""></td><td width=27><img src="_clear.gif" border=0 width=27 height=1 alt=""></td><td width=62><img src="_clear.gif" border=0 width=62 height=1 alt=""></td><td width=14><img src="_clear.gif" border=0 width=14 height=1 alt=""></td><td width=24><img src="_clear.gif" border=0 width=24 height=1 alt=""></td><td width=60><img src="_clear.gif" border=0 width=60 height=1 alt=""></td><td width=21><img src="_clear.gif" border=0 width=21 height=1 alt=""></td><td width=19><img src="_clear.gif" border=0 width=19 height=1 alt=""></td><td width=7><img src="_clear.gif" border=0 width=7 height=1 alt=""></td><td width=84><img src="_clear.gif" border=0 width=84 height=1 alt=""></td><td width=109><img src="_clear.gif" border=0 width=109 height=1 alt=""></td><td width=2 height=1><img src="_clear.gif" border=0 width=2 height=1 alt=""></td></tr></table><map name="map1"><area alt="" coords="0,0,84,13" href="aboutus.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSwap('img3',1,'aboutusnorm.gif','Indigo')" 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onMouseOut="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo')"><area alt="" coords="0,1,84,14" href="contactus.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSwap('img1',1,'contactusnorm.gif','Indigo')" onMouseOut="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo')"></map><map name="map4"><area alt="" coords="0,0,84,13" href="clientloginpage.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSwap('img2',1,'clientloginnorm.gif','Indigo')" onMouseOut="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo')"><area alt="" coords="0,1,84,14" href="clientloginpage.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSwap('img2',1,'clientloginnorm.gif','Indigo')" onMouseOut="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo')"></map><map name="map5"><area alt="" coords="1,2,62,12" href="appleprocessinga.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSwap('img5',1,'aboutusnorm1.gif','Indigo')" onMouseOut="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo')"><area alt="" coords="0,0,84,13" href="appleprocessinga.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSwap('img5',1,'aboutusnorm1.gif','Indigo')" onMouseOut="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo')"><area alt="" coords="1,3,62,13" href="verisign.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSwap('img5',1,'aboutusnorm1.gif','Indigo')" onMouseOut="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo')"><area alt="" coords="0,1,84,14" href="appleprocessinga.html" onMouseOver="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo');FWSwap('img5',1,'aboutusnorm1.gif','Indigo')" onMouseOut="FWRestore(1,'Indigo');FWSRestore(top.frames,'Indigo')"></map><table border=0 cellspacing=0 cellpadding=0 width=762><tr valign=top><td></td><td height=15></td></tr><tr valign=top><td bgcolor="#999999"><spacer type=block width=1 height=1></td><td height=1></td></tr><tr><td width=360><img src="_clear.gif" border=0 width=360 height=1 alt=""></td><td width=402 height=1><img src="_clear.gif" border=0 width=402 height=1 alt=""></td></tr></table><table border=0 cellspacing=0 cellpadding=0 width=762><tr valign=top><td colspan=2></td><td height=7></td></tr><tr valign=top><td></td><td><p><font face="Arial, Helvetica, Verdana" size="-2" color="#666666">Copyright 2005 Tangibility, Inc.</font></p></td><td height=13></td></tr><tr><td width=10><img src="_clear.gif" border=0 width=10 height=1 alt=""></td><td width=211><img src="_clear.gif" border=0 width=211 height=1 alt=""></td><td width=541 height=1><img src="_clear.gif" border=0 width=541 height=1 alt=""></td></tr></table></body></html>