AGStimator PRESS RELEASE

ISO/TS16949

2015 Mitchell Boulevard Schaumburg, IL 60193 Phone 847.534.6600 Fax 847.534.6570 www.agstechnology.com

PRESS RELEASE

FOR IMMEDIATE RELEASE
Contact: George Staniulis
Phone: (847) 534-6600 x102

AGS Technology Launches Online Part Cost Estimator for Injection Molded Parts Made From Recycled Plastic

Schaumburg, Ill., April 6, 2010 – AGS Technology has launched on its website the “AGStimator“, a do-it-yourself plastic part cost estimator based on its Injectoblend™ line of recycled materials. In less than a minute, the AGStimator can provide a cost competitive injection molding quotation for a structural part made from a choice of high performance AGS Injectoblend™ recycled materials.

“Purchasing and Engineering often don’t have the time to pull together the myriad of drawings, documents and electronic files to get an alternative material quote for a new part or to market test an existing virgin part,” notes Chris Racelis, President-AGS Technology. “However, these individuals often know or can easily access the basic mold, material, and machine information necessary to provide themselves with an accurate part quotation. By making our recycled part cost estimator openly available on our website, these decision makers can quickly generate an AGS quote that we believe will open their eyes to the significant cost benefits of using recycled materials and help promote environmental sustainability”.

The AGStimator can be accessed at www.agstechnology.com and requires only nine pieces of information in order to calculate piece part price: 1) Part#/Description, 2) Tooling new or existing, 3) Annual volume, 4) Material type, 5) Part weight, 6) Molding machine size, 7) Cavities, 8) Cycle time, and 9) Labor/Operator requirements. The AGStimator currently offers six different Injectoblend™ grades of recycled raw material available to choose from: General Purpose ABS (FABS007), General Purpose ABS+PC Blend (FABSPC003), 33% Glass Reinforced Nylon 66 (FPA66233), Impact Modified Polycarbonate (FPC120), Acetal Copolymer (FPOM110), and 30% Glass Reinforced Polypropylene (FPP330). These six Injectoblend™ grades are the most popular of the more than 50 standard and custom formulations in AGS Technology’s portfolio. AGS also has automotive approvals on a number of compounds at General Motors, Ford, and Chrysler. Typical injection molded parts include brackets, shields, bezels, housings, bases, filter cores, covers, and substrates.

AGS Technology is a custom injection molding company that specializes in recycled plastics. Founded in 1995, AGS is a low cost producer of structural plastic parts for OEM and Tier 1 customers using its Injectoblend™ line of recycled materials. AGS Technology is registered to ISO/TS16949:2009 and is a certified minority owned business. For further information contact George Staniulis at (847) 534-6600 x102.