Former Coca-Cola Executive Joins IDC’s Board of Directors

International Dispensing Corporation (IDC) (IDND) announced that José “Pepe” Martinez, a former executive at The Coca-Cola Company, has agreed to join its Board of Directors.

A well-known and highly-respected global supply chain executive with a strong track record in end-to-end business solutions for the food and beverage and packaging industries, Mr. Martinez spent 17 years with The Coca-Cola Company. His most recent role as Managing Director of Aseptic Carton Packaging and Production Equipment, along with his in-depth knowledge of Coca-Cola’s global system, makes him uniquely qualified to serve on IDC’s Board and make significant contributions to the company’s growth, exposure, and success.

IDC is the creator of The Answer®, the world’s only commercial aseptic tap that can safely dispense UHT liquids for an extended period from a large-format flexible package without relying on refrigeration or preservatives. With The Answer®, aseptic brand owners can expand their distribution into foodservice venues with a unique package delivering UHT beverages in multiple servings, in a highly economic and environmentally safe way.

Mr. Martinez is an executive with vast range and expertise, having had multiple regional and global management roles in different fields of responsibility, ranging from sales and marketing, strategic planning, procurement, to running operations.

Prior to The Coca-Cola Company Mr. Martinez spent 13 years at Eastman Chemical Company, with a particular focus on PET resins. Mr. Martinez is of Mexican descent, holds a Bachelor’s Degree in Chemical Engineering from Universidad Nacional Autónoma de México, and is a certified Operational Excellent Leader by the Coca-Cola Company. He is fluent in English, Spanish, and Portuguese.

“IDC is delighted that Pepe Martinez has agreed to join our Board,” said IDC Chairman Greg Abbott. “His versatile set of skills and the respect he commands throughout the global aseptic packaging industry should pay dividends to IDC. He is a world-class addition to our Board.”

“I am excited to join IDC’s Board and very positive about the global potential of The Answer®,” said Mr. Martinez. “The world needs a reliable aseptic foodservice package, one that can deliver nutrition, food safety, and convenience in an economical and environmentally friendly way. I believe The Answer® will have a beneficial impact on millions of people, and I am excited to be a member of this dynamic team.”

About IDC

Based in New York City, IDC (OTCMKTS: IDND; www.idcinnovation.com) is a packaging research and development company that creates and manufactures disruptive innovations for the beverage and liquid food industries. The company is best known for its international award-winning The Answer®, the world’s only certified aseptic tap which prevents micro-organisms from compromising product safety even through prolonged unrefrigerated use. The Answer is used for both low and high-acid beverages, including dairy, dairy-based coffee, juice, tea, and coconut water in large format and food service applications and is currently being deployed in the USA, China, Germany, Pakistan, and Mexico. Further, the company’s trademarked BID™ (Bag-in-Dispenser) system is believed to be the industry’s most economical and environmental means of delivering UHT beverages.

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