STGA to Launch E-Commerce Web Site,
Selects WebQuill as Developer
LAKEWOOD, N.J. and STAMFORD, Conn.--(BUSINESS WIRE)--Feb. 1, 1999--Saratoga Brands Inc. (NASDAQ:STGA - news) and Sirco International Corp. (NASDAQ:SIRC - news)
today jointly announced the signing of a development and consulting agreement whereby Sirco's subsidiary, WebQuill Internet Services, LLC, was selected as the lead developer for Saratoga's new E-Commerce Web site. The site will offer a unique line of high quality imported and domestic food products through Saratoga's subsidiary, Cucina Classica Italiana, Inc.
''We expect to increase both our revenues and gross profit by offering our products on the Internet,'' said Scott Halperin, Chairman of Saratoga. ''Our focus is to become a major player in the online specialty food arena,'' he added.
Henry Azer, President of WebQuill, noted, ''We are pleased to have been selected by Saratoga as their Web developer and consultant. Saratoga's size and sophistication make it an ideal client for our E-Commerce development business.''
Saratoga Brands' Cucina Classica Italiana subsidiary imports and produces under license Italian specialty cheeses and other premium specialty foods, including the world-renowned brands from Egidio Galbani S.p.A. Saratoga Brands' Mobile Caterers, Inc. subsidiary is a
food processor and distributor. It services mobile caterers and provides social catering services as well as food distribution to more than 600 convenience stores and retail outlets in the southern New England states.
WebQuill Internet Services, L.L.C., a wholly-owned subsidiary of Sirco International Corp., provides dial-up and dedicated Internet access, Web design, Web hosting and E-Commerce development, hosting and fulfillment, to small, medium and large businesses.
This release contains forward-looking statements that involve risks and uncertainties. The company's actual results may differ materially
from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, general
economic and business conditions; industry trends; the loss of major customers; changes in demand for the company's product; the timing
of orders received from customers; dependence on third party sources of supply; the loss of licenses; availability of management; availability, terms and deployment of capital; and changes in state or federal government regulations of telecommunications services. |
