ALANCO's Fry Guy Lands Theater Chain; Also Secures Working Capital Credit Line.SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Sept. 25, 1997--Alanco Environmental Resources Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALAN) Thursday announced that its Fry Guy division has begun installation of its Integrated Food Services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and Marketing Program in Mann Theatres with initial installations in the Denver market and Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . "Motion picture theaters are a new venue with enormous potential for the Fry Guy program," said Edward Maley, president of Fry Guy Inc. "We began with three theaters in metropolitan Denver and four in California with an average of two Fry Guy units per theater. The results have been very positive, so we will begin adding more theaters right away." Mann Theatres operates more than 60 state-of-the-art motion picture theaters in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century , primarily in Colorado and California. Wally Helton, vice president of concessions for Mann Theatres, said, "Our objective is to provide our customers with the finest motion picture theater experience possible. The convenience of the Fry Guy food program and the high quality Sgt. Fry foods have enabled Mann Theatres to provide a new dimension of enjoyment and service to our customers. They have welcomed Fry Guy enthusiastically." The Fry Guy proprietary, private label SGT. FRY menu items being offered in Mann Theatres include french fries French fry n. A thin strip of potato fried in deep fat. Often used in the plural. , onion rings, chicken fries Chicken fries are chicken nuggets shaped like french fries. Some different brands of chicken fries include:
Alanco also announced the establishment of a working capital line of credit. Dennis Schlegel, chairman and chief executive officer of Alanco, said, "This new credit line demonstrates the tremendous progress Alanco has made in our core business. Nothing is a greater endorsement of our business than the willingness of a financial institution to undertake a due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. review and provide additional capital." The Fry Guy Integrated Food Services Marketing Program supplies a patented, self-ventilating fryer in a convenient counter top unit that requires little shelf space and operates on 110-volt power. Under the private label SGT. FRY, Fry Guy provides end users the finest quality finger food products in conjunction with prominent food suppliers as its strategic partners. These include Tyson Foods Tyson Foods, Inc. (NYSE: TSN) is an American multinational corporation based in Springdale, Arkansas, that operates in the food industry. The company is the world's largest processor and marketer of chicken, beef, and pork, and annually exports the largest percentage of beef , Anchor Foods, and the Lamb Weston division of Beatrice Foods, with cooking oil provided by Cargill. The Fry Guy Integrated Food Services Marketing Program is operating in more than 1,300 Wal-Mart stores nationwide. CONTACT: Alanco Shareholder Relations, 602/607-1010 |
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