Jack M. Greenberg to Join Source Food Technology Board Of Directors.

Business Editors

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Aug. 26, 2003

Former Chairman and CEO of McDonald's Corporation Brings More Than

21 Years of Experience in the Foodservice Industry

Source Food Technology, Inc., a privately held food ingredient company specializing in nutritionally advanced cooking oils, today announced that Jack M. Greenberg, former Chairman and CEO of McDonald's Corporation, will join its Board of Directors. Source Food Technology is the manufacturer of Nextra(TM), a cooking oil that offers no trans fats from hydrogenation and an extended fry life. Nextra is currently marketed to the restaurant and grocery deli industries.

"We are thrilled to have Jack Greenberg on our Board," commented Hank Cardello, CEO of Source Food Technology. "His experience, most notably as the leader of one of the best known brands in the world, will help Source Food Technology as it enters a period of significant growth. We believe our revolutionary cooking oil, Nextra, is poised to change the way people think about fried foods. With Mr. Greenberg's advice and counsel, we look forward to expanding our customer base to provide the food industry with a healthier, better performing, and better tasting alternative to chemically modified partially hydrogenated vegetable oils (PHVOs)."

In July of 2003, the FDA announced that food labels will be required to list the amount of unhealthy trans fatty acids, or trans fats, to give consumers better information when choosing foods. As the restaurant industry is recognizing the dangers of trans fats and customers are demanding a healthier fried food product, Source Food Technology is prepared for an increase in product demand and exponential business growth. Just last month, Source Food Technology was awarded $1M in venture capital funding from Spencer Trask and Spargil Fund. Source Food Technology has earmarked this capital for increasing manufacturing and distribution of Nextra to meet the heightened demand.

Mr. Greenberg most recently served as Chairman and CEO of McDonald's Corporation, a position he held until his retirement in 2002. Mr. Greenberg spent more than 21 years at McDonald's, joining the company in 1982 as Executive Vice President and Chief Financial Officer. Mr. Greenberg subsequently held positions of increasing responsibility before being named Chairman and CEO of McDonald's Corporation, including President of McDonald's Corporation, and Chairman and Chief Executive Officer of McDonald's USA.

Prior to joining McDonald's, Mr. Greenberg was a Partner with Arthur Young & Company (predecessor to Ernst & Young). Mr. Greenberg is currently active on the Boards of Directors for Hasbro, Abbott Laboratories, and The Allstate Corporation. He also serves on the Board of Trustees for the Institute of International Education, Ronald McDonald House Charities and the Field Museum.

A graduate of DePaul University, College of Commerce, Mr. Greenberg also earned a Juris Doctor degree from DePaul's College of Law. He was a lecturer at both colleges from 1968 to 1978. Mr. Greenberg was elected to DePaul University's board of trustees in 1990 and served as chairman from 1995-1998.

About Nextra(TM)

A premium blend of natural oils, Nextra (TM)is a breakthrough for foodservice providers who want nutritionally advanced cooking oil that provides twice the fry life of leading partially hydrogenated vegetable oils (PHVOs) and superior food taste and appearance. Currently available for commercial foodservice use, Nextra is a result of a patented purification process developed at General Mills and a unique formulation created and patented by researchers at Brandeis University, who were seeking a healthier alternative to PHVOs.

Nextra contains zero trans fats from hydrogenation, unlike chemically modified PHVOs. The patented purification process eliminates cholesterol and other naturally occurring impurities, offering foodservice companies a healthier product that also provides superior performance and better tasting food. For more information, visit www.nextraoil.com

Source Food Technology

Source Food Technology, Inc. is a privately held food ingredient company specializing in the marketing and development of revolutionary, nutritionally advanced oils for the food industry. With executive offices in Research Triangle Park, N.C., Source Food Technology currently markets Nextra to restaurants, supermarket delis and other foodservice providers.