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Gold/Mining/Energy : Perfect Fry is getting hotter!
PNM 58.88+0.7%Dec 31 3:59 PM EST
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To: Mel Long who wrote (5)6/30/1997 10:17:00 PM
From: sPD   of 21
 
Gigantic Market Opens for Perfect Fry

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: PERFECT FRY CORPORATION

ASE SYMBOL: PNM

JUNE 25, 1997

Perfect Fry Corporation - Gigantic Market Opens for Perfect Fry

LONDON, ENGLAND--Perfect Fry Company, the Calgary based
manufacturer of counter-top ventless deep fryers, announces two
major developments in its United Kingdom marketing program.

First, the Perfect Fryer has been approved for use in the pubs of
the UK's market leader in pub food sales. The Perfect Fryer was
approved after weeks of testing by a company that operates more
than 1,600 pubs and leases another 2,200 pubs to private
operators. Food accounts for 25 percent of sales in UK pubs, and
is the fastest growing area of the pub business.

Second, Perfect Fry has appointed Malibu Corporation Ltd. a
distributor in the UK. Malibu, whose home office is in
Manchester, is one of the UK's most highly regarded food equipment
distributors. Malibu now sells and services Perfect Fry's popular
deep fryers. Due to the traditional popularity of fish & chips
Perfect Fryers are often called "chip machines" in the UK.

Perfect Fry Chairman Dale Morice said,

"These are landmark developments in our long-range marketing
program for the UK and continental Europe. We expect them to
start having an effect on Perfect Fry's Sales and financial
results in the fourth quarter of fiscal 1997 and the first quarter
of fiscal 1998."
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