Barrington Foods International, Inc. Announces Acceptance as Eligible Exporter by the US Department of Agriculture Commodity Credit Corporation.Business Editors LAS VEGAS--(BUSINESS WIRE)--June 5, 2002 Barrington Foods International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BFII) announced today that the US Department of Agriculture Commodity Credit Corporation (CCC CCC A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa. ) gave notice that BFII has been accepted as an eligible exporter under the Supplier Credit Supplier credit Self-financing of a supplier's operations. Also the agreement of a supplier of goods or services to deferred repayment terms. Guarantee Program (SCGP SCGP Supplier Credit Guarantee Program SCGP Shell Coal Gasification Process SCGP Self Contained Guidance Package ). BFII will benefit greatly from participation in the SCGP considering that a large portion of BFII's projected sales are export sales that will likely qualify for credit guarantees through the SCGP. Barrington has been accepting orders for its proprietary formulas. Further information concerning BFII is available at its corporate website: www.barringtonfoods.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This Press Release includes projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this Press Release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this Press Release, including, without limitation, in conjunction with those forward-looking statements contained in this Press Release. |
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