Saratoga Brands Enters Exclusive Agreement to Market Broadway Basketeers Gourment and Specialty Food Baskets On Its E-Commerce Web Site.LAKEWOOD, N.J.--(BUSINESS WIRE)--March 10, 1999--Saratoga Brands 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 : STGA STGA Subject to Government Approval ) today announced the signing of an exclusive marketing agreement that Saratoga's subsidiary, Cucina Classica Italiana, Inc., has entered into with Broadway Basketeers of Lakewood, New Jersey. The agreement provides for Cucina Classica Italiana to market newly created Gourmet and Specialty Food Baskets designed exclusively for sale on Cucina Classica Italiana's E-Commerce Web Site, which is currently under development by WebQuill Internet Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . "Cucina Classica Italiana is committed to providing unique and upscale products for the discriminating internet buyer." said Peter Dardaganis, Cucina Classica Italiana's Vice President of Sales and Marketing. "This agreement with Broadway Basketeers represents the first of a series of agreements that Cucina Classica Italiana is committed to developing in an effort to provide the best value for its customers," he added. Scott Halperin, Saratoga's Chairman added "This agreement is in line with our focus to become a major player in the on-line specialty food arena." Cucina Classica Italiana, Inc. imports and produces under license Italian specialty cheeses and other premium specialty foods, including the world-renowned brands from Egidio Galbani S.p.A. 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 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. 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. 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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