RANPAK SELECTED AS 2006 EVOLUTION OF MANUFACTURING AWARD WINNER

CONCORD TOWNSHIP, Ohio, February 17, 2006 - Ranpak Corp. has been selected as a 2006 eVolution of Manufacturing Award winner. This is Ranpak's second year as an award recipient.

Ranpak's ability to adapt to a changing global economy and stay competitive impressed the judges and earned Ranpak the award. "Truly ingrained evolution exists at Concord's Ranpak Corp. [Ranpak] has used improvements in both product and process...proving the modern paradigm that green industry is profitable industry," said Stephen Gage, President & CEO of CAMP Inc.

The Awards Ceremony was held on February 16 at CAMP's CMTC Building. In addition, Ranpak was featured in the February 2006 Cleveland edition of Smart Business and featured on-line at www.sbnonline.com.

The eVolution of Manufacturing Awards were developed by Smart Business and CAMP Inc. to recognize Northeast Ohio manufacturers that excel in adapting to a changing world.