To: John J. O`Reilly who wrote (2261 ) 1/29/2001 11:08:18 AM From: John J. O`Reilly Read Replies (3) | Respond to of 2405 Monday January 29, 7:03 am Eastern Time Press Release SOURCE: Tasty Fries, Inc. Nestle and Tasty Fries Sign Long Term Contract; Agreement Provides for 7,000 Tons of French Fry Potato Mix Annually BLUE BELL, Pa., Jan. 29 /PRNewswire/ -- Tasty Fries, Inc. (OTC Bulletin Board: TFRY - news) announced today that Nestle Nederland bv, a subsidiary of Nestle S.A., the worlds largest food company, has entered into a long term contract to supply Tasty Fries, Inc., which has developed a fully automated and commercially viable French fry machine, with up to 7,000 tons of Tasty Fries proprietary French fry potato mix per year. Tasty Fries in concert with Nestle Nederland bv has been experimenting for the past 18 months to perfect a proprietary product, which would exceed all existing specifications. The successful conclusion of this program took place in November 2000. ``Our long term supply contract with Nestle Nederland bv, a subsidiary of the premier food company in the world, for the production of our own proprietary potato mix, coupled with the awards of UL (Underwriters Laboratories), NAMA (National Automatic Merchandising Association), and FCC (Federal Communications Commission) certifications, for the commercial production and distribution of our French fry vending machines, is a significant milestone for Tasty Fries and its shareholders,'' Edward C. Kelly, President and CEO of the Company stated today. With the Nestle agreement, the final piece of the puzzle is in place for Tasty Fries to supply its French fry vending machines worldwide. Kelly further stated that each Tasty Fries machine is expected to use one ton of fry mix per year. Tasty Fries (TM) multi-patented machines prepare, cook and dispense French fries with the flavor, aroma and texture of freshly cut French fries. Total cooking time is less than 90 seconds. The fries are made from top quality potato product, and cooked in cholesterol-free oil using state of the art robotics technology. For more information about this and other related developments, visit the Company's web site at www.tastyfries.com or call 1-877-827-8937 for a free investor's package. Except for any historical information contained herein, the matters discussed in this press release contain ``Forward-looking statements'' that involve risks and uncertainties, which are described in the Company's SEC reports. SOURCE: Tasty Fries, Inc.