IDC Names Tom Shaver Chief Operating Officer

Former SIG Combibloc Executive Bolsters Company’s Management Team

In a move formalizing which has already largely become the case, International Dispensing Corporation (IDC) (IDND) has promoted Tom Shaver to Chief Operating Officer. For the past 10 months, Mr. Shaver has served on the company’s board of directors and has been intimately involved in the company’s marketing and business development activities. During that period, working side by side with IDC’s CEO Greg Abbott, Mr. Shaver has helped the company deepen its bonds with strategic partners, strengthen its manufacturing processes, form a world-class industry advisory board, launch its new website, and establish ongoing sales initiatives around the world.

A highly accomplished sales and marketing executive, Mr. Shaver spent seven years (2003-2010) at SIG Combibloc, one of the world’s leading system suppliers of aseptic carton packaging and filling machines for beverages and food, with worldwide revenues of $1.9 billion. As Vice President of Marketing for North and Central America, Mr. Shaver developed the strategic roadmap that produced record sales for North America. He was directly responsible for all SIG Combibloc global account management sales activities for Coca Cola and PepsiCo, and executed multi-million dollar equipment and packaging contracts for Unilever and Campbell’s Soup. Prior to working for SIG Combibloc, Mr. Shaver held managerial and business development positions at Red Bull, Vitality Foodservice, Dannon Yogurt, and Tone’s Spices. Mr. Shaver, 46, received a B.A. degree from the University of Florida and an MBA from the University of Tampa.

“It has been a sincere pleasure working with Tom and he has earned my utmost confidence and trust,” said Greg Abbott, IDC’s Chairman and CEO. “Besides bringing positive energy and keen focus to every task at hand, Tom has proven to be a superb leader, strategist, and problem solver. His experience in marketing and aseptic manufacturing coupled with his wisdom, character, and people skills are among the reasons IDC has made so many strides in recent months and why our future looks so bright. Tom is the complementary industry person I have been waiting for, and I am delighted that he is now representing the company as COO.”

“We have accomplished a number of important things, paving the way for what I believe will be stellar success in the near future,” said Mr. Shaver. “Not only are IDC’s innovations big and game-changing, but the management team, advisory board, strategic partners, and global customer base we have lined up are why I believe so much in what we are doing and why I am excited to make IDC a full-time commitment.”

About International Dispensing Corporation

IDC is a packaging research and development company that specializes and manufactures game-changing innovations for the food and beverage industry. To learn more, visit www.idcinnovation.com.

International Dispensing CorporationMedia Contact:Ada Sell, [e-mail]