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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: tool dude who wrote (132821)5/18/2004 8:38:25 AM
From: bigbuk  Read Replies (1) of 150070
 
<font color=GREEN>Food Safe International Signs Letter of Intent with DTG Industries to Incorporate RFID and Food Safety

TORONTO, May 18 /PRNewswire-FirstCall/ -- Food Safe International, Inc. (Pink Sheets: FSIJ) is pleased to announce that it has entered into a Letter of Intent with DTG Industries, Inc. (Pink Sheets: DTGJ) to create RFID traceability and tracking solutions for perishable fruits and vegetables. Specifically, Food Safe will work with DTG to industrialize iPico's unique Dual Frequency RFID tags, readers and middleware in perishable containers to provide full traceability from the field to the retail shelf. Food Safe and DTG will market and integrate the combined solution to global food producers thereby creating an integrated food-source management, marketing, source verification system, and food safety process from the producer to the consumer.

Gordon Westwater, President of iPico North America says: "We are intrigued by Food Safe's unique solution for safeguarding perishables and we look forward to working with Food Safe and major US grocery retailers and third party providers in offering a complete and reliable traceability solution along with Food Safe's current process to ensure maximum consumer safety and satisfaction which will effectively protect our customers' operations, reputations and businesses. With the recent influx of Mad Cow and Avian Bird Flu in North America, there is a heightened awareness to see complete and accurate tracking and traceability for all food products that make it to our shelves. In addition to the traditional supply chain savings, the Food Safe solution will provide a complete protection solution."

Food Safe and DTG are companies well positioned to meet this need as part of an RFID solution to track fruit and vegetable production simply and cost-effectively.

About Food Safe: The main goal of Food Safe is to eliminate food safety and sanitation issues and provide methods to improve procedures to minimize risk and liability. Food is one of the most mobile commodities traded internationally. Consumers are asking more questions and demanding answers. Whether the commodity is spices (insect contamination), beef (E. coli), strawberries (Hepatitis A, salmonella), fish (mercury) or any of thousands of foods traded globally, consumers and buyers are demanding new standards of quality, safety and nutritional value.

Protecting people from food borne illness is Food Safe's number one priority. Food Safe's comprehensive program is a proactive approach to food safety. Spurred into action by food crises in the global beef industry, there is an international consensus that producers and food industry stakeholders require a reliable methodology and technology for verifying food production and food safety.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.

Contact:

Food Safe International
Jason Wong
905-943-4444
jwong@foodsafeint.com
foodsafeint.com

This release was issued through eReleases(TM). For more information, visit ereleases.com.

Food Safe International, Inc.
CONTACT: Jason Wong of Food Safe International, +1-905-943-4444 or
jwong@foodsafeint.com

Web site: foodsafeint.com
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