COMPLETES TOOLING PROGRAM,
PRODUCTION UNITS NEAR COMPLETION
Blue Bell, Penna.--August 27, 1998 -- Tasty Fries, Inc. (OTC:TFRY),
a development stage company which has commenced the commercial
production of its French fry vending machine announced today it
has successfully completed 100% of their tooling program. All
components have been successfully integrated into our production
units. Edward C. Kelly, President and CEO of Tasty Fries, Inc. stated
"the conclusion of this program marks a milestone for Tasty Fries,
At a cost of $1,500,000 and two years of intense work it brings
our corporate goal clearly in sight." According to Kelly, "we intend
to launch a production run of 1000 of our French fry machines
immediately following the placement of the initial 25 production
units."
Further, management has entered into preliminary negotiations with
the merchandising agent for a large, high traffic retail chain of
discount department stores to begin distribution of Tasty Fries
vending machines in at least 500 stores as production units
become available. According to the proposal full distribution to
over 10,000 stores will follow. The company anticipates a letter
of intent within the next 30 days. |
