Oct. 29, 2008

Diamond Packaging Selected as a Procter & Gamble Supplier of the Year

Rochester, NY – Diamond Packaging was named a “Supplier of the Year” by the Procter and Gamble Company during P&G's first ever global Supplier Summit on October 15, 2008. P&G hosted the event with its 350 top global suppliers to discuss their continued collaboration for a sustainable future and to honor top performing suppliers.

“We are thrilled to have won this award,” said Karla Fichter, Chief Executive Officer of Diamond Packaging. “Our partnership with Procter & Gamble is especially rewarding because of our shared commitment to innovation and sustainability.”

“Suppliers of the Year” achieved this award by consistently scoring the highest in broad based quantitative and qualitative evaluations by P&G employees throughout the supply chain.

Diamond was recognized for providing superior packaging solutions for multiple products lines, including P&G's Gillette division (blades, razors), and Clinical Strength antiperspirants and deodorants. Diamond has also been instrumental in the success of several P&G product launches, including Gillette® Fusion™, Gillette® MACH3®, and Venus®.

“Our suppliers are critical partners in helping us bring innovation to life, manage our costs and improve productivity,” explained P&G's Global Product Supply Officer Keith Harrison. “With the current global economic uncertainty, strong relationships with suppliers are more important than ever to achieving P&G's sustainability goals and supporting the company's growth today and going forward.”

Diamond was also one of only 51 P&G suppliers to earn an "Excellence Award" for consistently performing at high levels within P&G's Supplier Performance Management System (SPMS).

“We want to honor and recognize our suppliers for superior performance, service and partnership to our business,” said Rick Hughes, vice president of Global Purchases. “Top performing partners who understand our business and can see their role in our goals help us turn challenges into opportunities, even into competitive advantages.”

About Diamond Packaging

Founded in 1911, Diamond Packaging is a WBENC-certified woman-owned business specializing in developing innovative and sustainable packaging solutions. Utilizing state of-the-art technologies, Diamond designs and manufactures paperboard and plastic folding cartons, and provides comprehensive contract packaging services for the personal care (cosmetics & skin care, fragrance, hair care), health care, pharmaceutical, nutraceutical, and food and confectionery industries. Its client portfolio includes Bausch & Lomb, Beiersdorf, Coty, Elizabeth Arden, Estée Lauder, Godiva Chocolatier, Johnson & Johnson, L’Oreal, and Procter & Gamble. As part of the Global Packaging Alliance® (GPA), Diamond and its alliance members offer packaging solutions to companies operating on an international scale. Customers receive responsive, localized service, award-winning creative designs, identical product specifications and consistent brand recognition, resulting in unparalleled worldwide packaging support. For more information about Diamond Packaging, contact Dennis Bacchetta at (585) 334-8030 x229 or visit the website at www.diamondpackaging.com. For more information about Diamond’s greenbox initiative, visit the sustainability microsite at www.diamondpackaging.com/green.