Beks Negotiates its First Foreign Distribution Agreement.BOYNTON BEACH Boynton Beach, city (1990 pop. 46,194), Palm Beach co., SE Fla., on the Atlantic coast; inc. 1920. A major suburban area, it is also a beach resort and vegetable-shipping point. , Fla.--(BUSINESS WIRE)--Aug. 26, 1998--Beks Food International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BEKF) Wednesday announced it has entered into negotiations to establish its first distribution agreement with food distributor in Brussels, Belgium. The Belgian Belgian having some relationship to Belgium. Belgian barge dog see schipperke. Belgian black pied cattle black, Belgian dairy cattle. Belgian blue dual-purpose cattle; blue, white or blue roan. company is requesting it be granted the primary distribution rights for Beks line of powdered yogurt yogurt: see fermented milk. yogurt Semisolid, fermented, often flavoured milk food. Yogurt is known and consumed in almost all parts of the world. and ice cream for the Luxembourg, Germany, Holland and Belgium markets. Andrew Balash, the president and inventor INVENTOR. One who invents or finds out something. 2. The patent laws of the United States authorize a patent to be issued to the original inventor; if the invention is suggested by another, he is not the inventor within the meaning of those laws; but in that of Beks' extensive life - powdered yogurt and ice cream products confirmed that container shipments to the Belgian company are anticipated to commence in the near future. Commenting on this first international contract, the general manager of the Belgian company stated: "Our decision to become a distributor of Beks unique product line has resulted from considerable research performed by us to find a product such as Beks powdered yogurt and ice cream. Beks products were the only products we could source that solves the age old problem of short shelf life, rising storage and shipping costs that are being experienced by other yogurt and ice cream manufacturers, finding Beks was a major break for us. We believe it will give us a giant step up in these countries in the not too distant future." "We believe the Belgians' will be the first of many international and national distributors for Beks and should generate millions of dollars in revenues for Beks," advised Balash. "We are the solution to so many problems and expenses incurred by shippers, distributors and retailers of yogurt and ice cream, with this first distribution agreement a major precedent will be set for our long term growth internationally, we believe the formal agreement will be signed shortly." Note: This release has been compiled from information provided by Beks Food International Inc. (`BEKF' or the `company'). This release is published for information purposes, and is not an offer to sell nor the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy any security. Particularly in view of the fact that the company's business is in an early stage of development and it has realized only limited revenues from the sales of its proprietary products, investment in the securities of the company should only be considered by persons who are aware of, suited to, and able to bear the risks involved. These risks include, without limitation, possible adverse future economic and business conditions that may affect the demand for its products, unforeseen competition from existing suppliers and the future introduction of new products that may prove superior, the possible unavailability un·a·vail·a·ble adj. Not available, accessible, or at hand. un a·vail of sufficient capital
necessary for the company to achieve its objectives or even to sustain
its operations, its possible inability to develop or thereafter to
maintain sufficient capacity to meet customer demand, its possible
inability to successfully expand the scope of its operations, and its
possible inability to introduce its products to areas in which it may
have no or limited prior experience. The company's investor
relations Investor relationsThe process by which the corporation communicates with its investors. representatives and its officers, directors and principal stockholders are paid consultants to the company, presently have a long position in the securities of the company, and may from time to time in the future have a long or short position therein. Further information with respect to any matter discussed in this report is available upon request. In compliance with the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1955, BEKF notes that statements contained in this report that are not historical facts may be 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. that are subject to a variety of risks and uncertainties, including, without limitation, those set forth above. Accordingly, BEKF wishes to caution readers of this report that its future actual results may differ materially from those that may be implied by the forward-looking statements (words such as "believe," "expect," "anticipated," "plans," and "intends" are along the terms used in this report that are generally intended to identify such forward-looking statements) made by it or on its behalf.
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