NEW PR . . .
Wednesday March 10, 9:36 am Eastern Time
Company Press Release
Saratoga Brands Enters Exclusive Agreement to Market Broadway
Basketeers Gourment and Specialty Food Baskets On Its E-Commerce Web
Site
LAKEWOOD, N.J.--(BUSINESS WIRE)--March 10, 1999--Saratoga Brands Inc. (NASDAQ: STGA - news) today announced the
signing of an exclusive marketing agreement that Saratoga's subsidiary, Cucina Classica Italiana, Inc., has entered into with Broadway Basketeers of Lakewood, New
Jersey. The agreement provides for Cucina Classica Italiana to market newly created Gourmet and Specialty Food Baskets designed exclusively for sale on Cucina
Classica Italiana's E-Commerce Web Site, which is currently under development by WebQuill Internet Services, LLC.
''Cucina Classica Italiana is committed to providing unique and upscale products for the discriminating internet buyer.'' said Peter Dardaganis, Cucina Classica Italiana's
Vice President of Sales and Marketing. ''This agreement with Broadway Basketeers represents the first of a series of agreements that Cucina Classica Italiana is
committed to developing in an effort to provide the best value for its customers,'' he added.
Scott Halperin, Saratoga's Chairman added ''This agreement is in line with our focus to become a major player in the on-line specialty food arena.''
Cucina Classica Italiana, Inc. imports and produces under license Italian specialty cheeses and other premium specialty foods, including the world-renowned brands from
Egidio Galbani S.p.A.
Except for historical information contained herein, the matters discussed in this news release are forward looking statements that involve risk and uncertainties. The
forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may
differ materially due to a variety of factors, including without limitation the presence of competitors with broader product lines and greater financial resources; intellectual
property rights and litigation, needs of liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange
Commission.
Contact:
Jay Goldberg, President
Carnegie Cooke and Company
1-(800) 262-2331 |
