Food Safety Systems Opens State of the Art Facility.LONGWOOD, Fla.--(BUSINESS WIRE)--Oct. 1, 1999-- Diversified Funds Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:DVFU) Friday announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Food Safety Systems Inc. has opened its new state of the art facility in Houston. The facility has 4,200 square feet of refrigerated processing capacity and 100,000 square feet of cold storage capacity. Operations at the new facility include reconditioning rejected loads of fruit and vegetables, as well as re-packing for food service, governmental agencies, retail sales and resteraunts. The company anticipates gross income from Houston operations to exceed $8.3 million in the first year alone. The company has also begun its move into three additional distribution facilities located in the southeast, northeast and northwest. Completion of those facilities is anticipated to occur within the next four months. Information regarding the continued growth and expansion of the company is available, and shall be updated regularly, on the company's new Web site at foodsafetysystems.net. Food Safety Systems Inc. has developed a complete process that incorporates an application and monitoring system utilizing either existing or custom designed spray application of Food Safe materials to fruit and vegetables after the initial chlorine bath. The program continuously monitors water quality, Oxidation Reduction Potential (ORP ORP Oxidation-Reduction Potential ORP Office of River Protection ORP Optional Retirement Program ORP Open Runtime Platform ORP Objective Rally Point (Army) ORP Office of Radiation Programs (US EPA) ), ph, chlorine concentration and maintains continuous records in encrypted form that satisfies HACCP HACCP hazard analysis critical control points. requirements. The Food Safety Program is a proprietary process developed in accordance with FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. specifications. The process reduces and keeps bacterial counts well under USDA/FDA and most consumer guidelines. The Food Safe Program eliminates and reduces 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 other microbial microbial pertaining to or emanating from a microbe. microbial digestion the breakdown of organic material, especially feedstuffs, by microbial organisms. pathogens upon contact. Additionally, the emulsified spray continues to retard the growth of additional microbial pathogens during shipping and display. With the increasing levels of government and consumer interest in the safety of food in the marketplace, Food Safety Systems Inc. is positioned to be the dominant industry leader. Statements in this news release may contain forward-looking information within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and is subject 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. created by those sections. All statements regarding potential future plans and objectives of Diversified Funds Inc. (DVFU) are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Diversified Funds Inc. (DVFU) assumes no obligation to update information contained in this release. |
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