MDMI - DALLAS--(BUSINESS WIRE)--Aug. 27, 1999--Massimo Da Milano Inc.
(OTC BB:MDMI) today announced that it has reached an agreement with
Wal-Mart Stores, Inc., to make its famous Massimo's bakery products
available through selected Sam's Clubs in the Dallas/Fort Worth area.
The agreement calls for MDMI bakery products, including Massimo's
signature product Massimo's "Stirato Roll," to be offered in selected
Sam's Clubs in the Dallas/Fort Worth area. In addition to the Stirato
roll, Massimo's will offer its Marble, Rye, Pugliese Loaf, Cracked
Wheat, Sourdough and Stirato Loaf. Massimo's also intends to offer its
seasonal specialty bakery products as part of this agreement.
According to Crawford Shaw, Jr., "We are proud to have this
agreement with Sam's Club and look forward to working with the Sam's
Club organization. This agreement offers us the opportunity to deliver
our premium bakery products to the huge shopping club market
represented by the Sam's Club Members."
MDMI is a commercial Bakery producing breads, rolls and pastries
and has served the Dallas market for over 14 years. MDMI customers
include prestigious hotels and restaurant establishments. MDMI offers
over 50 varieties of breads, pastries, cookies and cakes, in addition
to offering a complete line of coffee, pastries and other unique
products including Zing Zang, and BAWLS Guarana via MDMI's Web site,
located at www.BuyMDMI.com.
MDMI is also the franchiser of the Java Centrale Coffee Cafe
chain. Java Centrale has franchises in Texas, Arizona and California.
Java Centrale's objective is to become the leading specialty coffee
and "food with a flair" chain of kiosks in upscale and high-visibility
locations, where there is a heavy concentration of traffic, and will
compete directly with Starbuck's Coffee (Nasdaq:SBUX), Peabodys Coffee
(OTC BB:PBDY). MDMI is the pioneer of the Java Centrale Internet Cafe
which enables patrons to surf the Web, shop online, check e-mail, get
stock quotes, buy coffee and MDMI bakery items, play interactive
games, visit chat rooms via a stand alone terminal which accepts cash
or credit cards.
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. Certain information
included in this press release (as well as information included in
oral statements or other written statements made or to be made by
MDMI) contains statements that are forward-looking, such as statements
relating to the future anticipated direction of the food industry,
plans for future expansion, various business development activities,
planned capital expenditure, future funding sources, anticipated sales
growth, and potential contracts. Such forward-looking information
involves important risks and uncertainties that could significantly
affect anticipated statements made by or on behalf of MDMI. These
risks and uncertainties include, but are not limited to, those
relating to development and expansion activities, dependence on
existing management, financial activities, domestic and global
economic conditions, changes in federal or state tax laws, and market
competition factors.
Investor Relations: La Guardia Global Financial Services, toll
free: 800/292-1361; E-mail: comercio@doscomercios.com or on the Web at
www.TwoTrades.com
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CONTACT: La Guardia GFS
Phil Hernandez, 800/292-1361
www.TwoTrades.com
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