Barrington Foods International, Inc. Announces First Revenue-Producing Shipment to Vietnam.Business Editors LAS VEGAS--(BUSINESS WIRE)--April 25, 2002 Barrington Foods International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BFII) announced today that its first shipment of product had departed from the Port of Oakland The Port of Oakland was the first major port on the Pacific Coast of the United States to build terminals for container ships. It is now the fourth busiest container port in the United States; behind Long Beach, Los Angeles, and Newark. , CA on April 19, 2002 and is currently on its way to Ho Chi Minh City Ho Chi Minh City, formerly Saigon, city (1997 pop. 5,250,000), on the right bank of the Saigon River, a tributary of the Dong Nai, Vietnam. , where it is scheduled to arrive on May 19, 2002. This shipment, part of a 50/50 joint venture alliance with distributors in both Vietnam and Thailand, will distribute Barrington's food products, including infant, toddler, and adult formulas to retail outlets retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → throughout Vietnam. Vietnam is the size of Kentucky, Ohio, and Tennessee combined and has a population of over 77 million people. Trade relations with Vietnam have normalized over the past few years with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , with "American" made products finding a higher demand. While the Company is currently undertaking the establishment of further banking and financial relationships for the issuance of international Letters of Credit to facilitate future larger shipments of product to Vietnam and other parts of Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. , they are pleased with this landmark event. R. Williams, the Company's Chairman of the Board, was quoted this morning, "We are very pleased that though we have experienced some obstacles, our alliance with Vietnam has finally come to fruition fru·i·tion n. 1. Realization of something desired or worked for; accomplishment: labor finally coming to fruition. 2. Enjoyment derived from use or possession. 3. . This is truly a landmark event for the Company. We look forward to signing additional contracts and forming many new revenue-producing alliances with other countries throughout the world in the weeks to come, as well as expanding on our current contracts and orders currently in place." Further information concerning Barrington Foods International, Inc., along with online pictures of the first shipment, is available at its 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 (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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