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Non-Tech : Bravo! Foods International Corporation (BRVO.OB) -- Ignore unavailable to you. Want to Upgrade?


To: twentyfirstcenturyfox who wrote (36)3/31/2006 9:34:05 AM
From: twentyfirstcenturyfox  Respond to of 55
 
Comment: no sign of a deal on the Snickers taste franchise yet. Fox.

Bravo! Announces Five Year License Extension with Masterfoods USA

NORTH PALM BEACH, Fla., March 31 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milk drinks and other beverages, announced today that it has reached an agreement with Masterfoods, a division of Mars Incorporated, to extend its U.S. license for an additional five years. The new agreement calls for a five year extension of the original expiration date of December 31, 2007 to December 31, 2012.

"This transaction is a key milestone in the development of Bravo!" commented Roy G. Warren, Bravo's Chief Executive Officer. "The license extension allows us to continue to provide consumers their favorite candy brands -- Milky Way®, 3Musketeers® and Starburst® in a drinkable form."

"We are delighted to be strengthening our relationship with Bravo! Foods International," stated Michele D. Brown, Licensing Director of Masterfoods USA. "The extension of our agreement with Bravo! is yet another validation of the success of joining the expertise of Bravo! in flavored milk drinks and the very popular brands of Masterfoods USA."