Press Release:
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: DELICIOUS ALTERNATIVE DESSERTS LTD.
ASE SYMBOL: DD
NOVEMBER 25, 1998
The Launch of Ben & Jerry's (r) Super Premium Ice Cream & Frozen Yogurt
TORONTO, ONTARIO--Robert C. Harrison, President and C.E.O. of Delicious Alternative Desserts Ltd. (D.A.D.) today announced that its recent launch of Ben & Jerry's (r) Ice Cream and Frozen Yogurt, 500 ml, into Canadian grocery stores is achieving tremendous success. The super-premium line is now listed in 67 Loblaws Supermarkets in Ontario, with first orders being shipped to stores in Toronto, Ottawa and Eastern Ontario. Ben & Jerry's (r) 10 euphoric flavours are also now available at more than 50 A&P, Dominion, Super Fresh, and Ultra Food & Drug Stores in Ontario; as well as Bruno's Fine Foods, Highland Farms, Kitchen Table, Loeb, Longo's, Nortown Foods, Pusateri's, Sobey's and The Barn.
D.A.D. is a Canadian public company trading under the stock symbol DD on the Alberta Stock Exchange. The founders of D.A.D. are three Canadian entrepreneurs - David Murray, Rob Harrison, and Henry Morton - who teamed up to purchase Stoney Creek Dairy, a 69-year-old traditional ice cream maker near Hamilton. D.A.D.'s founders raised capital to purchase the dairy and acquire a license to manufacture and distribute Ben & Jerry's (r) from a number of sophisticated Canadian institutional investors.
D.A.D. offers a prestigious portfolio of licensed brands including Weight Watchers (tm) Ice Milks & Novelties, Cadbury (tm) chocolate bar ice cream and novelties, and Mr. Cookie Face (tm) ice cream sandwiches. D.A.D. is also the owner of the Stoney Creek Ice Cream (tm) brand that it distributes throughout the Golden Horseshoe, and is currently expanding its distribution network from coast-to-coast.
Vermont-based Ben & Jerry's Homemade, Inc. produces super premium ice cream, ice cream novelties, low-fat ice cream, low-fat and non-fat frozen yogurt, and sorbet using Vermont dairy products, Vermont spring water, and high quality natural ingredients. Ben & Jerry's (r) products are distributed nationwide in the United States and in select foreign countries in supermarkets, grocery stores, convenience stores, scoop shops, restaurants and other venues.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Strategic Objectives Inc. Laurie Hall, Patti Diamond or Judy Lewis (416) 366-7735 (416) 366-2295 (FAX) lhall@strategic-objectives.com
INDUSTRY: FDR SUBJECT: NWS |