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Microcap & Penny Stocks : Cuisine Solutions (CUIS)

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To: leigh aulper who wrote ()10/15/1999 2:36:00 PM
From: leigh aulper   of 29
 
Cuisine Solutions Continues Sales Growth With a 34% Increase in Fiscal 2000 First Quarter Revenue

ALEXANDRIA, Va., Oct. 15 /PRNewswire/ -- Cuisine Solutions, Inc. (OTC Bulletin Board: CUIS) announced today that total revenue for the first quarter ended September 18, 1999 increased 34% to $6,293,000 versus the previous year first quarter revenue of $4,696,000.

This increase reflects a 41.5% increase in product sales since the previous year first quarter revenue included $250,000 of management services revenue.

"The current trend reflects the efforts of our current global strategy of penetration into the key target markets within the foodservice segment", says Stanislas Vilgrain, Cuisine Solutions CEO.

"Cuisine Solutions plans to continue this trend through the second quarter as the Company prepares for heavy holiday traffic and supplying meals for numerous millennium events."
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