GO-RACHELS.COM Announces Entering Into an Agreement With AMWAY Canada.BLOOMINGTON, Minn.--(BUSINESS WIRE)--Feb. 26, 1999--GO-RACHELS.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. (BB:RACH) announces that AMWAY Canada will be offering seven of their Rachel's Potato Chip flavors representing potential sales of $1,000,000 in 1999-2000. AMWAY Canada is one of the largest direct sellers of consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and in Canada, with over $1,000,000,000 in sales in 1998 alone. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. James M. Garlie, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of GO-RACHELS.COM, "This represents a tremendous increase in exposure and sales for our Rachel's Potato Chips brand in Canada, especially with the launch of AMWAY's worldwide web site in September, 1999. AMWAY Canada is one of the largest direct selling organizations in Canada, and will significantly increase our sales and brand exposure in the Canadian market." GO-RACHELS.COM manufactures and distributes Rachel's Gourmet Potato Chips and distributes confectionery products, including SourSimons, GummyGuys, Loonies, Toonies, and Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 and Millennium Chocolate Coins in the U.S. and Canada, with expected 1999 revenues in excess of $35 Million. Rachel's Gourmet Potato Chips are currently being marketed on a local or midwestern basis by some of the largest retailers and food service distributors in the U.S. and Canada, including Wal-Mart (NYSE NYSE See: New York Stock Exchange :WMT (Windows Media Technologies) See Windows Media. ), Sam's Club, Target (NYSE:DH), Menards, Inc. and Sysco Foods (NYSE:SYY SYY Stornoway, Scotland, United Kingdom - Stornoway (Airport Code) ). GO-RACHELS.COM, through its wholly-owned subsidiaries, Rachel's Gourmet Snacks, Inc. and Triple-C-Inc., manufactures and distributes Rachel's Gourmet Potato Chips in the U.S. and distributes name brand confectionery products throughout Canada. The company has also created a new, full e-commerce web site, http://www.go-rachels.com, where consumers can learn more about and purchase the company's products. GO-RACHELS.COM also sponsors Indianapolis 500 Winner, Eddie Cheever, who personally endorses and promotes G0-RACHELS.COM products in North America. The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company; the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of implementation and the scope and success of the program described here. For more information, Free Report and Corporate Profile: http://www.go-rachels.com James M. Garlie, Chairman, President & CEO: 800-730-3700 |
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