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Microcap & Penny Stocks : A HOT bagel! UNCB Produces FRESH results

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To: Timothty James Schmidt who wrote (18)8/27/1997 9:40:00 PM
From: Dan Lisman   of 27
 
More hot million dollar news.
I bought more UNCB today. Are you still in?
Live long & Prosper
Dan
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Wednesday August 27

Company Press Release

Uncle B's Brand Refrigerated Bagels Now Available in Walmart Super Stores

ELLSWORTH, Iowa--(BUSINESS WIRE)--Aug. 27, 1997--William T. Rose, Jr., Chairman and CEO of Uncle B's Bakery, Inc. (NASDAQ:UNCB), announced today that the Company has reached an agreement with Walmart Super Stores to begin distributing the Uncle B's brand of refrigerated bagels to approximately 80% of their existing store network.

Initial shipments of bagels to Walmart Super Stores began today (August 27th) and will be available through six of their seven distribution centers. Uncle B's Bakery anticipates over $1 million in annual sales volume from the Walmart Super Stores.

``We are looking forward to entering the Walmart Super Stores with our Uncle B's brand refrigerated bagel,'' says Chairman and CEO, William T. Rose, Jr. ``They have become a leader in the retail industry with their super store concept and we are happy to be a part of this success.''

The Company wishes to caution the public, that the foregoing discussion contains forward looking statements that involve risk and uncertainties that could cause results to differ materially from those discussed.

Uncle B's Bakery produces and markets the ``Uncle B's'' and ``Millspring'' brands of never frozen bagels. The Company's supermarket products are an alternative to frozen bagels and are currently available in 11,000 supermarkets in 43 states. The Company has also entered the frozen, bake off segment of the bagel industry with bagels currently in distribution through strategic alliances. Uncle B's is traded on the NASDAQ Small Cap Market under the symbol UNCB.
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