Here some news for a change!!
Tasty Fries, Inc. in negotiations for $5 million order
BLUE BELL, Penn.--(BUSINESS WIRE)--Dec. 9, 1996--Tasty Fries, Inc. (OTC: TFRY
), announced today that it is in negotiations and has signed a Letter of Intent
with a Canadian vending machine company to purchase 500 Tasty Fries(TM) French
fry vending machines and use the name Tasty Fries, Canada. Delivery of these
units would commence the second quarter of 1997. The negotiations include a
prepayment for machines in the amount of $1,000,000.
"Upon receipt of this $1 million prepayment, Tasty Fries, Inc. will enable us
to increase production capacity of Tasty Fries vending machines and accelerate
fulfillment of existing orders," said Edward C. Kelly, President and CEO of
Tasty Fries, Inc.
Tasty Fries, Inc. is the designer and manufacturer of the only commercial food
processing machine which can prepare, cook and dispense fresh French fries with
the flavor, texture, and aroma of home cooked French fries. Tasty Fries are
cooked in cholesterol-free oil using a patented state-of-the-art robotic
technology. Tasty Fries, Inc. also has its own private brand of top-quality
potatoes for exclusive use in its vending machines.
CONTACT: Tasty Fries, Inc.
Investor Relations
610/941-2109
or
Forte Communications, Inc.
Patricia Meding, 212/785-6300
Fax: 212-785-6205
email todayinvest@earthlink.net
CompuServe: 76702,2130
10:54 ET DEC 09, 1996
BW1286 DEC 09,1996 7:54 PACIFIC 10:54 EASTERN
:TICKER: TFRY
:SUBJECT: INDD PA
Copyright (c) 1996 Business Wire
Received by NewsEDGE/LAN: 12/9/96 10:21 AM |
