CORRECTING and REPLACING The Classica Group's Italian Subsidiary Files Patent Renewal for Its Method of Sanctification of Ground Beef - to Seek US Patent for Same Process.Business Editors CORRECTION...by The Classica Group, Inc. SAYREVILLE, N.J.--(BUSINESS WIRE)--July 22, 2003 Please replace BW5304, (NJ-CLASSICA-GROUP) The Classica Group's Italian Subsidiary Files Patent Renewal for Its Method of Sanctification sanc·ti·fy tr.v. sanc·ti·fied, sanc·ti·fy·ing, sanc·ti·fies 1. To set apart for sacred use; consecrate. 2. To make holy; purify. 3. of Ground Beef - to Seek US Patent for Same Process, with the following revised release. The corrected release reads: THE CLASSICA GROUP'S ITALIAN SUBSIDIARY FILES PATENT RENEWAL FOR ITS METHOD OF SANITIZING OF GROUND BEEF - TO SEEK US PATENT FOR SAME PROCESS The Classica Group, Inc. (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 : TCGI), announced today that its Classica Group Technologies Italia, S.r.l. ("CGTI CGTI Conseil Général des Technologies de l'Information CGTI Citigroup Global Technology Infrastructure CGTI Citicorp Global Telecommunications Infrastructure ") subsidiary in Scandiano, Italy has filed for renewal of its patented process for sanitizing of ground beef. In the same announcement TCGI reported that its domestic subsidiary, Classica Microwave Technologies, Inc. will seek a US patent for the same process. The Company's proprietary process is intended primarily for the institutional market, such as fast food restaurants, and caterers. The ground beef is processed in a bulk, non-packaged format through a three stage microwave heat treatment process, under pressure. This process has been successfully tested and proven to eliminate microbial microbial pertaining to or emanating from a microbe. microbial digestion the breakdown of organic material, especially feedstuffs, by microbial organisms. pollution caused by environmental and handling bacteria. Seriously dangerous bacteria such as E. Coli E. coli: see Escherichia coli. E. coli in full Escherichia coli Species of bacterium that inhabits the stomach and intestines. E. coli can be transmitted by water, milk, food, or flies and other insects. and Salmonella are eliminated by the process. In February, the Classica Group, Inc. moved its corporate headquarters to the newly constructed 10,400 square foot facility where they have recently completed constructing and equipping CMT's 2,500 square foot state of the art testing laboratory. The laboratory is supported by a full commercial kitchen that is used for the preparation of food products for testing in one of the Company's microwave heat processing systems. The laboratory has microwave systems capable of demonstrating pasteurization pasteurization (păs'ch rĭzā`shən, -rīzā`shən), partial sterilization of liquids such as milk, orange juice, wine, and beer, as well as cheese, to destroy , sterilization, sanitizing and drying of food products. The process for the sanitizing of ground beef can be successfully demonstrated in this environment. The Classica Group's microwave technology segment utilizes microwave-based technology to provide food manufacturers with the ability to deliver new and improved food products that satisfy today's consumer demands for safe foods, convenience in preparation, and quality. CMT's customers can realize significant cost savings, which can be passed on to their consumers resulting in a competitive pricing advantage. Except for historical information contained herein, the matters discussed in this news release are forward looking statements that involve risk and uncertainties. The forward-looking statements in this release are made pursuant to 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 1995. However, actual results may differ materially due to a variety of factors, including without limitation the presence of competitors with broader product lines and greater financial resources; intellectual property rights and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , needs of liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission. |
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