PROGRESSIVE MOLDED Bankruptcy News, Issue No. 2

BCSI reports on latest events arising in the chapter 11 cases commenced by Progressive Moulded Products Ltd aka Edge Sequencing.

(EMAILWIRE.COM, June 27, 2008 ) FAIRLESS HILLS, Pa. -- June 27, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 2 of PROGRESSIVE MOLDED BANKRUPTCY NEWS today. The 16-page newsletter contains stories with these headlines:

[00010] DEBTORS' MOTION FOR AUTHORITY TO USE CASH COLLATERAL
[00011] PROGRESSIVE TO HOLD ORGANIZATIONAL MEETING ON JULY 7
[00012] DEBTORS' MOTION TO USE EXISTING CASH MANAGEMENT SYSTEM
[00013] DEBTORS' MOTION TO ASSURE CONTINUED UTILITY SERVICES
[00014] DEBTORS' MOTION TO PAY TAXES AND OTHER FEES
[00015] DEBTORS' MOTION TO PAY PREPETITION WAGES & COMPENSATION
[00016] DEBTORS' MOTION TO APPRISE PARTIES OF CHAPTER 11 FILING
[00017] DEBTORS' MOTION TO PAY SHIPPERS AND WAREHOUSEMEN $500,000
[00018] DEBTORS' MOTION TO EMPLOY KURTZMAN AS CLAIMS AGENT
[00019] THOMAS H. LEE EXPECTED TO LOSE $200MM INVESTMENT, SAYS FT

A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=PROGRESSIVE|MOLDED for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

PROGRESSIVE MOLDED BANKRUPTCY NEWS tracks the restructuring of Progressive Moulded Products Ltd aka Edge Sequencing.

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PROGRESSIVE MOLDED BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

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