Araldica Wineries, Ltd. Receives $2 Million Order for Its Specialty Foods Group.NEW ROCHELLE New Rochelle (rōshĕl`), city (1990 pop. 67,625), Westchester co., SE N.Y., on Long Island Sound; settled by Huguenots 1688, inc. as a village 1858, as a city 1899. , N.Y.--(BUSINESS WIRE)--Sept. 9, 1997--ARALDICA WINERIES, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :BB-AWLT) announced today that its Specialty Foods Group has received a $2 million purchase order from Simply Caviar, a New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. based distributor of "Black Russian
For Blacks in Russia, see . The Black Russian is a cocktail of vodka and coffee liqueur. " caviar and other fine gourmet foods. Louis DeSantis, Vice President of ARALDICA, stated, "This is another in a series of marketing transactions that continue our expansion from a specialty wine and food importer to a broader distribution and marketing Company. We anticipate that this transaction will add between $.02 to $.04 per share to the current year's earnings." Mr. DeSantis continued, "This transaction, which will occur in not less than four stages of $500,000 each, and may occur as many as eight or twelve times each year, culminates months of negotiations to enable the Company to enter this highly specialized market." ARALDICA WINERIES LTD., a public Company since 1996, has been involved in the importation and sale of premium Italian wines, olive oils and specialty foods since 1993. ARALDICA's sales activities encompass both conventional distribution and direct response marketing (home shopping programs, internet home pages, infomercials, space advertising and direct mail promotions). The Company's main product line is its proprietary "Knights of Italy" custom-labelled wine series, which feature full-color labels having reproductions of the coat-of-arms associated with the family name of each buyer, and which also include a family history narrative, indicating the origins of the family, and of each Italian surname. All anticipations and expectations contained herein are forward looking statements that involve uncertainty and risk. Actual results could differ materially from those projected in such forward looking statements. CONTACT: ARALDICA WINERIES, LTD. Louis DeSantis Vice President Voice: 914-636-0500 Fax: 914-636-0518 or L.G. ZANGANI,INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . Adrian Madonia Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Voice: 908-788-9660 Fax: 908-788-4024 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion