Tasty Fries Inc. Contracts for Retail Distribution.BLUE BELL, Pa.--(BUSINESS WIRE)--Sept. 9, 1998--Company 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. Ed Kelly announced today that Tasty Fries (TFRY-OTC) has signed a contract with one of the largest retail merchandising agents in the nation that services over 11,000 retail outlets including Walmart, K-Mart, etc as well as over 3,000 grocery stores, to begin distribution of the patented Tasty Fries vending machines. The agreement calls for distribution of the first 500 machines over the next 180 days into stores throughout the nation with proven high-traffic counts. Upon completion of the initial distribution, the agreement calls for an additional placement of 5,000 Tasty Fries vending machines over the next 2 year in all the larger retail chains nation-wide. Delivery of the first 25 machines will be made within the next 60 days to various Discount Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. . Each Tasty Fries machine has a refillable capacity of 500 vends vend v. vend·ed, vend·ing, vends v.tr. 1. a. To sell by means of a vending machine. b. To sell, especially by peddling. 2. and delivers fresh-cooked French fries in about 90 seconds that are not only hot and crispy crisp·y adj. crisp·i·er, crisp·i·est 1. Firm but easily broken or crumbled; crisp. 2. Having small curls, waves, or ripples. , but provide an economical hot snack. Currently each sale generates a profit margin in excess of 70%. Aside from their retail distribution, the company also plans to distribute another 10,000 machines throughout airports, college campuses, hotels, ski resorts, schools, train and bus stations, and office buildings around the nation. The company's goal, 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. Kelly is to have 15,000 machines in service by the new millennium. A free investor's information package is available through the company's web site at www.TastyFries.com or by calling 877-827-8937. The Tasty Fries vending machine is a revolutionary advance in the vending industry utilizing state of the art robotics and serving a superior product made from Idaho russet rus·set n. 1. A moderate to strong brown. 2. A coarse reddish-brown to brown homespun cloth. 3. A winter apple with a rough reddish-brown skin. 4. A russet Burbank. adj. potatos cooked in cholesterol-free oil.
CONTACT: Tasty Fries
Investor Relations, 877/827-8937
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion