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October 10, 2008 - Plastinum Secures First Order of Mixed Plastic Compound Coming out of Household Waste

LOS ANGELES,October 10, 2008/PRNewswire-FirstCall/
Plastinum Polymer Technologies Corp. BV a wholly owned subsidiary of
Plastinum Polymer Technologies Corp. USA (OTC Bulletin Board: PLNU)
announced that it received its first order for its newly created Infinymer NSL.
Just very recently Plastinum has had the opportunity to treat the complete
mixed plastic scrap coming from household waste and create through its
Blendymer Technology a solid polyolefinic compound the NSL.

Mr. Jacques Mot, President and Chief Executive Officer of Plastinum said, 'We have been very positively surprised that we have been able to produce in such a short period a product coming from a different waste stream than WEEE.
This opens up for the company a new potential in a different market segment
coming from a different waste stream. We will herewith enable recycling of
scrap that today is almost completely land filled or incinerated. This market
segment is by definition the largest plastic scrap stream available worldwide.
Plastinum is also in the process to secure large supplies of this scrap source
through collaboration with several international waste processing companies.
Plastinum anticipates announcing shortly the first secured supply.

About Plastinum Polymer Technologies Corp.:

Plastinum Polymer Technologies Corp., listed on The OTC Bulletin Board(R)
(OTCBB) (ticker symbol 'PLNU'), owns the patent rights associated with a
mechanical/chemical process through which multiple immiscible thermoplastics
can be blended.

Plastinum's proprietary polymer processing technology, Blendymer, uniquely
enables complete fusion, through mechano-chemical processing, of previously
incompatible polymers. Its technology (apart from recycling) therefore also
enables the creation of novel hybrid polymers.

Plastinum's mission is to commercialize the technology through applications in
the virgin plastic markets (polymer alloys) and the plastic recycling sector (i.e.
recycling of plastic from obsolete computer and other electronic equipment).

www.plastinum.com

Certain statements in this news release, including statements that we 'believe',
'expect', 'intend' or words of similar import, are forward-looking information
within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-
6 under the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements regarding
our potential future plans and objectives, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such
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differ materially from those anticipated in such statements. Factors that could
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business conditions; competition; unexpected changes in technologies and
technological advances; ability to commercialize and manufacture products;
results of experimental studies; research and development activities; changes
in, or failure to comply with, governmental regulations; and the ability to
obtain adequate financing in the future. This information is qualified in its
entirety by cautionary statements and risk factors disclosure contained in our
Securities and Exchange Commission filings available at http://www.sec.gov.

SOURCE Plastinum Polymer Technologies Corp.

Source:PR Newswire (October 10, 2008 - 2:00 PM EDT)

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