• On September 29, 2006, Teknoweb Srl ("Teknoweb") and Fameccanica.Data SpA ("Fameccanica") have entered into a license agreement concerning the Fameccanica’s Intellectual Property relevant to Fameccanica’s Model WEWI manufacturing machines for disposable wet wipes.
  
  The evolution of the disposable wet wipes market in the last years has been characterized by a considerable expansion trend but also by an escalating fragmentation. Consequently, if on one side there are expectations for an increasing demand of wet wipes manufacturing machines, from the other, it is anticipated that the degree of specialization of such machines shall be greater in order to satisfy very specific requirements deriving from end products that, even though belonging to the same category, can be, among them, very different, both for the imbuing substance (liquid, lotion, cream, etc.) and for the base material (nonwoven, paper, etc.), or for the dimensions and the types of fold; without considering the packaging that is also very diverse for the various typologies of wet wipes. In the meantime, in order to improve the level of operational efficiency in a persisting not so favorable economic situation, the industry, in general, is reducing the size of the capital investments in manufacturing equipment while demanding higher performances for the machinery. This is very true particularly in the disposable wet wipes converting industry.
  
  The challenge set by such a scenery to a supplier of machines for the production of disposable wet wipes is, therefore, of not little account: in addition to the ability to develop proper technologies for the various foreseen needs and fields of use there is the necessity to conceive machine designs that have to be, at the same time, specific and economic, or sufficiently flexible so as to be able to be used in many different fields of application and, additionally, that offer production performances higher than those of comparable machines currently available; all of this at a manufacturing costs that allow to sell such machines at competitive prices. Such may be accomplished only with an extreme focus on the specific business and with the ability to invest substantial resources in the continuous development of the know-how and organization necessary to the purpose.
  
  After a joint, in-depth, study and a careful evaluation, Fameccanica and Teknoweb resolved to enter into an agreement under which Fameccanica licenses to Teknoweb the manufacturing, marketing and servicing of Fameccanica’s Model WEWI machines for the converting of disposable wet wipes. Teknoweb will also take care of servicing and upgrading the Model WEWI machines delivered so far by Fameccanica and to further develop the WEWI design platform. Through this agreement the disposable wet wipe converting industry, in general, and the Fameccanica’s and Teknoweb’s customers, in particular, will benefit from a wider and more competitive offering and an improved level of service.
  
  For additional information feel free to contact either Fameccanica.Data SpA or Teknoweb Srl.
  
  Fameccanica.Data SpA Via Aterno, 136 - 66020 Sambuceto - (CH) ITALY Tel: +39 085 4553480 – Fax: + 39 085 4460998 E-Mail:marketing@fameccanica.com
  
  Teknoweb s.r.l. Via dei Salici, 7 - 26020 Palazzo Pignano - (CR) ITALY Tel: +39 0373 951311 – Fax: + 39 0373 983059 E-Mail:info@teknowebsrl.com