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Paxonix Recognized for Exemplary Support in New Product Development and Implementation
Date:2/11/2008

Consumer Goods Technology Readers Award Paxonix for Second Consecutive Year

STAMFORD, Conn., Feb. 11 /PRNewswire/ -- Paxonix, a MeadWestvaco company offering a web-based packaging and marketing process management service, today announced it has been recognized for the second year in a row by the readers of Consumer Goods Technology (CGT) in the publication's annual Readers' Choice rankings. This year, Paxonix was recognized with a Best in Class Readers' Choice award for the categories New Product Development & Implementation and New Product Development & Implementation (Customer Experience).

CGT's Readers' Choice rankings consider more than 100 companies in various categories of business and IT within the consumer goods industry. The 2008 accolades represent the eighth year that Consumer Goods Technology has been honoring Readers' Choice recipients.

"At Paxonix, we're committed to continually enhancing our product and services to help CPGs increase speed time to market, ensure the highest quality and accuracy in all their packaging and brand materials, and reduce errors and rework that result in lost revenue," said Kent St.Vrain, Vice President Marketing and Business Development of Paxonix. St.Vrain continued, "This endorsement, for the second year in a row, underscores our commitment to our customers. In response to such market appreciation, we're more driven to making our PaxPro tool and our support services even better."

PaxPro, a secure, web-based service for the review and approval of all files within complex packaging and branding workflows, drives business success by accelerating time to market, while improving quality and reducing rework in the brand marketing and packaging processes.

PaxPro offers digital asset management, workflow and collaboration, project management, visualization and soft proofing, reporting and dashboards, and specification management. Delivered as a Software as a Service, PaxPro is available from a secure, scalable, hosted environment with just a Web browser and an Internet connection.

About Paxonix

Paxonix, a specialized division of MeadWestvaco, a $6 billion leader in the packaging industry, (NYSE: MWV) works with customers within the pharmaceutical, health and beauty, consumer packaged goods and food and beverage markets to make package design a cost-effective means of enhancing brand value. In addition, Paxonix ensures all regulatory, environmental and company specific compliance requirements are fully met throughout the packaging process.

For more information about Paxonix and MeadWestvaco's decades of experience in helping shape branding initiatives for thousands of leading companies, please visit our web sites at http://www.paxonix.com and http://www.meadwestvaco.com.


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