Update: Counterfeit Toothpaste Falsely Labeled as 'Colgate'
15 Junio 2007 - 5:30AM
PR Newswire (US)
NEW YORK, June 15 /PRNewswire-FirstCall/ -- Colgate-Palmolive
announced today additional developments and actions by the Company
to protect consumers against possible risk from recently reported
counterfeit toothpaste. The Company yesterday warned consumers that
the counterfeit toothpaste, which has been found in some small,
independent dollar-type discount stores, may not contain fluoride
and could contain Diethylene Glycol, an ingredient not used in
Colgate toothpaste anywhere in the world. The additional
developments and actions taken by the Company include: -- Colgate
is contacting all its accounts handling Colgate toothpaste in the
U.S. to ensure that they have no counterfeit product. At this time,
none have reported counterfeit product. If any accounts were to
identify suspected counterfeit product, the Company would remove it
from the shelf. -- The Company is in the process of picking up
suspected counterfeit product in the small, independent dollar-type
discount stores in the four states where it has reportedly been
distributed. Results of these efforts will be provided to the U.S.
Food and Drug Administration. -- FDA spokesman Doug Arbesfeld was
quoted in various news reports saying in reference to the
Diethylene Glycol found by the FDA in some counterfeit samples,
"It's a low health risk but the bottom line is, it doesn't belong
in toothpaste." Analysis performed by Colgate Research &
Development of counterfeit samples received so far has come to this
same conclusion regarding the low level of health risk. -- The
Company has further clarified the distinguishing characteristics of
the counterfeit product. It comes labeled as a 5 ounce or 100 ml
tube, a size not made or sold by Colgate in the United States.
Consumers can identify the counterfeit product by the words on the
package, "Manufactured in South Africa" as well as there may be
several misspelled words on the product carton including:
"isclinically", "SOUTH AFRLCA" and "South African Dental
Assoxiation." Colgate does not import toothpaste into the U.S. from
South Africa. -- Building on Colgate's long standing relationship
with the American Dental Association and American Dental Hygienists
Association, the Company will be providing information about the
counterfeit product to over 50,000 dental professionals to assist
them in answering patient questions. -- Colgate is providing
additional representatives on its consumer information line
(1-800-468-6502), extending their hours of operation, adding
operations this weekend, and taking other steps to answer consumer
questions about counterfeit product. Colgate is arranging for
callers to provide it with any suspect counterfeit products and
information about the purchase location. Colgate Chairman and Chief
Executive Officer Reuben Mark said, "We are all highly committed to
reliability, quality and superior product performance. We will
spare no effort to help consumers avoid counterfeits and support
regulators in their efforts to remove these products from the
marketplace." About Colgate-Palmolive: Colgate-Palmolive is a
leading global consumer products Company, tightly focused on Oral
Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its
products in over 200 countries and territories around the world
under such internationally recognized brand names as Colgate,
Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso,
Kolynos, Elmex, Tom's of Maine, Ajax, Axion, Soupline, and
Suavitel, as well as Hill's Science Diet and Hill's Prescription
Diet. For more information about Colgate's global business, visit
the Company's web site at http://www.colgate.com/. This press
release may contain forward-looking statements. Such statements may
relate, for example, to sales or volume growth, profit growth,
earnings growth, financial goals, cost-reduction plans, estimated
charges and savings associated with the 2004 Restructuring Program
and new product introductions. These statements are made on the
basis of our views and assumptions as of this time and we undertake
no obligation to update these statements. We caution investors that
any such forward-looking statements are not guarantees of future
performance and that actual events or results may differ materially
from those statements. Investors should consult the Company's
filings with the Securities and Exchange Commission (including the
information set forth under the caption "Risk Factors" in the
Company's Form 10-K for the year ended December 31, 2006) for
information about factors that could cause such differences. Copies
of these filings may be obtained upon request from the Company's
Investor Relations Department or the Company's web site at
http://www.colgate.com/. DATASOURCE: Colgate-Palmolive CONTACT:
Allison Klimerman, +1-212-310-3770, Tom Paolella, +1-212-310-2774,
both of Colgate-Palmolive Web site: http://www.colgate.com/
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