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Non-Tech : Ricx (RICX)

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To: Slim Pickens who wrote (26)1/6/1998 4:26:00 PM
From: Slim Pickens   of 87
 
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Wednesday October 22 2:43 PM EDT
Company Press Release
Food Extrusion, Inc. Names Dennis C. Riddle Vice President of Marketing
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Oct. 22, 1997--Food Extrusion, Inc. (OTC BB:FODX) announced today that on Nov. 3, 1997, Dennis C. Riddle will join the company as Vice President of Marketing.

Riddle brings to FoodEx over 25 years of experience in sales and marketing for consumer food and food ingredient companies. Most recently, he served for 15 years as Vice President of Sales/Marketing & Technical Service for CPC International, Corn Products, an ingredient supplier for food and beverage processors, pharmaceutical firms, and animal feed processors. Riddle holds an MBA degree from Fuqua School of Business, Duke University.

''Creating a nutritious food source and developing a market with a strong customer base is exciting. This nutritive product should have a profound impact on the food industry,'' said Riddle.

Allen Simon, Chief Executive Officer added, ''With the addition of Dennis Riddle, we have completed our executive staffing and are now staged to handle the significant growth we expect. Now, more than ever, I am convinced our business fundamentals are strong.''

Food Extrusion, Inc. has developed exclusive technology to stabilize rice bran and manufacture unique rice bran based nutraceuticals and food products.

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Contact:
Food Extrusion, Inc.
Allen Simon or Karen Berriman, 916/933-3000

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