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Press release from Business Wire

Food and Beverage Sustainability Experts Outline Collaboration and Innovation Initiatives at Sealed Air Customer Learning Center

Monday, October 08, 2012

Food and Beverage Sustainability Experts Outline Collaboration and Innovation Initiatives at Sealed Air Customer Learning Center08:56 EDT Monday, October 08, 2012 PARIS (Business Wire) -- On September 25-26, Sealed Air Corporation (NYSE:SEE), hosted its first SmartLife® sustainability event where they demonstrated the leadership of the newly combined company in food safety and security. The exclusive two-day event, called Sustainable Futures, was hosted at Sealed Air's Packforum® in Paris and featured leading sustainability experts from the food and beverage industry, retail and non-profit organizations who addressed three of the most challenging sustainability issues in the food industry – namely food safety, food waste and food access. Moreno Dezio, President of Sealed Air food business in Europe, opened the event with a call to action on the need for collaboration and innovation across the supply chain to understand the scale of the challenge and work that is needed for a sustainable food supply chain. Speakers included industry experts from Tesco, Mars, INCPEN and World Wildlife Fund speaking on topics ranging from sustainability trends, food safety and food waste prevention to sustainable packaging and hygiene solutions. “This was an opportunity for industry and sustainability experts to look across nearly every step in the food production and consumption chain for where our collective technologies and solutions can add sustainable value through waste prevention, improved operational efficiency, reduced risk and by safeguarding human health,” said Mary Coventry, Vice President of Corporate Communications and Sustainability, Sealed Air. The event featured a keynote speech by Dominic Waughray, Head of Environmental Initiatives at the World Economic Forum (Switzerland). Highlighting such realities as the fact that there will be three billion new middle class consumers in the world by 2030, he presented a dynamic platform for discussion on the reality that sustainability has moved well beyond the sphere of policy into the realms of daily business. A continuing theme of the event was highlighting the prominent role that industry now plays in advancing the sustainability agenda on the world stage. Alexis Morgan, Global Water Roundtable Coordinator at World Wildlife Fund (WWF), the global conservation organization, highlighted efforts between Sealed Air and WWF as an example of a partnership that is resulting in benefits to climate change and water conservation. He went on to stress the importance for ongoing collaboration between civil society, public, and private sectors for stronger, more efficient supply chains that address broad societal needs and solve the shared challenges of food security, energy, water, and biodiversity. Sealed Air's three Packforum customer innovation and learning centers are facilities where we collaborate with customers to better understand the complex needs of local food processors, packers and retailers. Located in the U.S. (Atlanta), France (Paris), and China (Shanghai), each facility is designed to generate new ideas, stay current on trends and identify new sustainable ways to package, handle and present food. About Sealed Air Sealed Air is a global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap®brand cushioning, Cryovac® brand food packaging solutions and DiverseyTM brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations. On a pro forma basis, Sealed Air generated revenue of $8.1 billion in 2011, and has approximately 26,300 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com. Forward-Looking Statements Company statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition and results of operations. These statements include comments as to future events that may affect the Company, which are based upon management's current expectations and are subject to uncertainties, many of which are outside the Company's control. Forward-looking statements can be identified by such words as "anticipates," "expects," "believes," "plan," "could," "estimate," "will" and similar expressions. A variety of factors may cause actual results to differ materially from these expectations, including: economic conditions affecting packaging utilization; changes in raw material costs; currency translation effects; and legal proceedings. For more extensive information, see "Risk Factors" and "Cautionary Notice Regarding Forward-Looking Statements," which appear in our most recent Annual Report on Form 10-K, as may be revised and updated from time to time by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. These reports are available on the Securities and Exchange Commission's website at www.sec.gov or our Investor Relations home page at http://ir.sealedair.com. Media:Sealed Air CorporationKen Aurichio, 201-791-7600Ken.aurichio@sealedair.com