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CERP News Cereplast and Innovia Support the Biodegradable Products Institute at the US Composting Council 2007 Annual Meeting

HAWTHORNE, Calif. & SMYRNA, Ga.--(BUSINESS WIRE)--Cereplast™, Inc. (OTCBB:CERP) and Innovia Films, Inc. today announced that they will jointly support the Biodegradable Products Institute (BPI) Zero Waste event held January 23rd during the US Composting Council 2007 annual meeting. Cereplast is a producer of proprietary bio-resins used to manufacture food service ware, while Innovia Films is a producer of NatureFlex™ regenerated cellulose biodegradable packaging films.

Products from both Cereplast and Innovia Films have been certified by BPI as meeting the ASTM D6400 standard for biodegradability, a prerequisite to sponsoring the event. The cutlery produced by a Louisville (KY) injection molder using Cereplast resin will be wrapped in a NatureFlex film from Innovia Films, making the entire cutlery set biodegradable and compostable. Cereplast bio-resins are formulated from a patented and proprietary manufacturing process that incorporates various starches and other biodegradable components. Cereplast offers 12 grades of resin starch or PLA based for applications in injection molding, thermoforming, extrusion blow molding and extrusion coating. The Cereplast resin grade used to make the cutlery does include PLA from NatureWorks® LLC.

“We are pleased to combine forces with Innovia Films to introduce a fully compostable cutlery set,” said Frederic Scheer, Cereplast CEO. “This event, showcasing our resin and its application is a perfect venue to promote the positive strides made by so many companies in our industry to produce biodegradable and compostable packaging.”

Aside from cutlery, the Cereplast resin has been used to produce a full line of biodegradable food service ware which includes hot and cold cup, various plate and bowl sizes as well as hinged containers.

All items from the Zero Waste event will be gathered and taken to a local composting site. Those items include food scraps, cutlery, plates, bowls, and cups which will all be collected in compostable bags. The recyclable products will be collected separately, and taken for recycling, ensuring a Zero Waste event.

About Cereplast

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary bio-based, renewable plastics which are used as substitutes for petroleum-based plastics in all major converting processes – such as injection molding, thermoforming, blow molding and extrusions – at a pricing structure that is competitive with petroleum based plastics. Cereplast’s uniquely formulated resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute). Learn more at www.cereplast.com.

About Innovia Films

Innovia Films is a major producer of specialty Biaxially Oriented Polypropylene (BOPP) and Cellulose Films holding a leading global position in the markets for labels, high performance coated packaging, tobacco overwrap and biodegradable and compostable films. NatureFlex™ family of biodegradable films is derived from renewable wood pulp which is sourced from managed plantations from referenced suppliers operating Good Forestry principals (FSC or equivalent). NatureFlex™ films typically have a renewable content of some 95% by weight of material. NatureFlex™ can be found around the World in the packaging of dried snacks, candy, bakery goods, fresh produce, household products and personal care items. It offers natural and organic product manufacturers the opportunity to align their packaging message with the spirit of their product marketing, by providing them with a biodegradable, naturally-based packaging material. Learn more at: http://www.innoviafilms.com.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.