Timestrip announces joint development arrangement with Plastek

Timestrip Plc has announced a joint development arrangement with packaging designer Plastek. The arrangement will open up significant opportunities for Timestrip to develop its smart label technology into practical, usable solutions for a wide range of consumer brands.

A working relationship with specialist injection molder Plastek will enable Timestrip to move forward in developing fully-integrated solutions for industry. The two companies are at present working on integrating Timestrip labels into caps and closures, a development which will meet the requirements of many industry sectors, including FMCG grocery, cosmetics and pharmaceuticals.

Timestrip will benefit from Plastek’s significant packaging expertise and manufacturing capability to enable Timestrip’s product ideas and concepts to be converted into workable and readily available products to take to market. Plastek, in turn, gains access to the innovative technology and design thinking for which Timestrip has become widely known. A prototype cosmetics solution has already been produced: by modifying an existing product in the Plastek Phoenix range, a cosmetics lid with integrated Timestrip has been developed.

‘I’m confident this is the first of many projects we will work on jointly with Plastek,” said Reuben Isbitsky, Timestrip’s joint CEO, of the new prototype. ‘It should be a mutually rewarding relationship and it’s certainly one which we’re looking forward to exploiting fully.’

Mike Smith, general manager of Plastek UK, agreed: ‘We’re excited to be working with Timestrip on developing the next generation of product packaging. We intend to get to the point where Timestrips can be easily integrated into all types of packaging as part of our normal manufacturing process.’

Timestrip labels are designed to show end-users of perishable products how long an item has been open or in use. The technology can work in an applied label format as well as being fully integrated into products or packaging.