Monday September 15 8:46 AM EDT
Company Press Release
Source: Tasty Fries, Inc.
Tasty Fries Inc. Will Launch Its Revolutionary French Fry Vending Machine At Anuga, World's Largest Food And Beverage Show, In October
Company also appoints William P. Davis, Jr., director of manufacturing
BLUE BELL, Penn., Sept. 15 /PRNewswire/ -- Tasty Fries Inc. (OTC:FRYA), a development stage company on the brink of evolving into its commercial phase, announced today that it has chosen to launch its French fry vending machine at ANUGA, the world's largest food and drink trade show, in Cologne, Germany, on October 11-16, 1997.
``ANUGA is the perfect venue in which to officially launch our French fry vending machine into the world market,'' said Christopher A. Plunkett, Tasty Fries's executive vice president.
The ANUGA show is a six-day event which is held bi-annually and hosts the top international management from the food and drink industry and includes the presence of exhibitors and buyers from all over the world. The 1995 ANUGA show was attended by nearly 200,000 buyers from 152 different countries.
The Company also announced the appointment of William P. Davis, Jr., to serve as the company's director of manufacturing, effective immediately.
``The addition of Bill Davis provides Tasty Fries with a tremendously experienced manufacturing expert who has a distinguished track record,'' said Edward C. Kelly, president and chief executive officer of Tasty Fries Inc. ``We are confident that his appointment will have a very positive impact on the Company's schedule to complete tooling and start commercial production of our breakthrough French fry vending machine.''
The Tasty Fries(TM) vending machine is a revolutionary advance -- the first multi-patented vending machine to prepare, cook and dispense French fries, in about one minute, with the flavor, aroma and texture of freshly cut French fries. Tasty Fries are made from a top-quality Idaho russet potato and cooked in cholesterol-free oil using a patented state-of-the-art robotic technology. The company intends to sell or lease its Tasty Fries machines and products on a non-exclusive basis to established, well-financed vending companies. The machines are expected to be located in high-traffic locations such as airports, bus and train stations, universities, schools, military bases, theaters, work areas and recreational venues.
Regarding Mr. Davis, from 1990 to 1997, he served as founder and co-owner of Builtright Products Inc., where he co-invented a hot food vending machine. While at Builtright Products Inc., Mr. Davis's primary responsibility was to identify and then translate market needs into manufactured products that could be marketed effectively to the vending-machine industry. From 1986 to the present, Mr. Davis also has been a co-founder and co-owner of Advanced Research Technology Services Inc., which developed and marketed The Assurance Function, a unique business management software tool. He holds a bachelor of science degree in materials science from Virginia Tech University.
``This is an ideal situation for me to use my experience in manufacturing processes, with particular experience in the vending industry, to help bring the Tasty Fries machine to market in the very near term,'' said Davis. ``I believe that Tasty Fries represents a revolutionary breakthrough that will absolutely alter the way people buy fries, and I am very much looking forward to helping make Tasty Fries a big success.''
Except for any historical information contained herein, the matters discussed in this press release contain ``forward looking statements'' that involve risks and uncertainties which are described in the Company's SEC reports.
SOURCE: Tasty Fries, Inc.
More news for referenced ticker symbols: FRYA, and related industries: food/beverages, retail. |