NEWS OUT FOR ***MDMI***
Company Press Release
Massimo Da Milano Inc., Announces
Today Its First Java Centrale Internet
Cafe.
DALLAS--(BUSINESS WIRE)--April 19, 1999--Today
MDMI (OTC BB:MDMI - news) announced that it has
completed the development of the first phase of the Java Centrale Internet Cafe(tm) concept,
scheduled to debut in the next 45 days at the Java Centrale in Long Beach, Calif.
The Java Centrale Internet Cafe(tm) is a fully interactive terminal being developed for MDMI by
iChargeit Inc. (OTC BB:ICHG - news) that will allow the user to access the full line of Java Centrale
products for home delivery, in addition to being able to surf other areas of the Internet.
According to Dana Verrill president of Massimo Da Milano Inc., ''Now for the first time Java
Centrale Franchisees will be able to offer the full line of Java Centrale products including over 300
types of coffees and over 100 types of teas as well as other unique products some of which are only
available through the Java Centrale Internet Cafe(tm). It is impossible for our Franchisee to carry the
full line of Java Centrale products in inventory but now the Java Centrale Internet Cafe(tm) will now
allow the franchisees the opportunity to offer their patrons ALL Java Centrale products all the time.
In addition, the Java Centrale Internet Cafe(tm) can be deployed by our franchisees anywhere in
their 'Franchise Territory' giving them the opportunity to offer Java Centrale Internet Cafes almost
anywhere with a very small capital investment.''
Gene Du, owner of Java Centrale, Long Beach, stated, ''I am excited about the Java Centrale
Internet Cafe(tm) and the tremendous opportunity this gives me to market Java Centrale products in
my 'Franchise Territory' in and around Long Beach.''
The Java Centrale Internet Cafe(tm) will be cobranded and marketed jointly by MDMI and
iChargeit. The first terminal should be placed in the Long Beach Java Centrale within 45 days and
the companies expect to announce several additional locations over the coming weeks.
Massimo Da Milano is a commercial Bakery of breads, rolls, and pastries and has served the Dallas
market for over 14 years, serving various prestigious hotel and restaurant establishments. Massimo
Da Milano offers more than 50 breads as well as dinner rolls, pizza bases and a delicious assortment
of pastries, and currently sells its products in Dallas and Los Angeles.
Massimo's is also the franchiser of the Java Centrale Coffee Cafe chain. Java Centrale has franchises
in Texas, Arizona, Nevada, California and Virginia. Java Centrale's objective is to become the
leading specialty coffee and ''food with a flair'' chain of kiosks in upscale and high-visibility locations,
where there is a heavy concentration of traffic, and will compete directly with Starbuck's Coffee
(Nasdaq:SBUX - news) and Gloria Jean's Coffee Company. In addition, MDMI recently
introduced its Web site, located at www.BUYMDMI.com, where individuals can now order a
variety of Massimo's products directly over the Internet.
The Private Securities Litigation Reform Act of 1995 provides a ''safe harbor'' for forward-looking
statements. Certain information included in this press release (as well as information included in oral
statements or other written statements made or to be made by Massimo Da Milano Inc.) contains
statements that are forward-looking, such as statements relating to the future anticipated direction of
the food industry, plans for future expansion, various business development activities, planned capital
expenditure, future funding sources, anticipated sales growth, and potential contracts. Such
forward-looking information involves important risks and uncertainties that could significantly affect
anticipated statements made by or on behalf of Massimo Da Milano Inc. These risks and
uncertainties include, but are not limited to, those relating to development and expansion activities,
dependence on existing management, financial activities, domestic and global economic conditions,
changes in federal or state tax laws, and market competition factors.
La Guardia Global Financial Services can be reached toll free at 800/292-1361 or by e-mail at
comercio@riogrande.net.mx. |
