To: Heidi Hirst who wrote (27 ) 4/14/1999 9:38:00 AM From: Heidi Hirst Read Replies (1) | Respond to of 275
DIPPY FOODS SIGNS AGREEMENT WITH COSTCO WHOLESALE BROKER April 14, 1999 Anaheim, CA - Dippy Foods, Inc. (OTC BB: DPPI) is pleased to announce that it has signed a brokerage agreement the with manufacturer's representatives Anderson Chamberlin, to supply Costco Companies Inc. (Nasdaq: COST) with Dippers Nacho-Cheese-Salsa meals. Anderson Chamberlin will assist Dippy Foods in structuring packaging requirements for the products and brokering the meals to Costco stores throughout five regions on the West Coast of the US and Canada. Anderson Chamberlin is a unique manufacturer's representative firm serving Costco. They employ over 100 specialists in multiple offices located throughout the United States, Canada, Mexico, and the United Kingdom. Costco currently operates 286 warehouses, including 217 in the United States, 58 in Canada, seven in the United Kingdom, three in Korea, and one in Taiwan; and 16 additional warehouses in Mexico. The Company also operates Costco Online, an electronic commerce web site, at www.costco.com. Sales for the Company in fiscal 1998 exceeded $23 billion. Dippy Foods, Inc. produces and sells fresh, prepackaged, nutritious, single-serving meals to schools and other institutional food servers. Dippy Foods' product line called “Dippers”, address the concerns and issues facing the thousands of school districts supplying breakfasts and lunches to over 45 million children daily as part of the National School Breakfast and Lunch Program. Dippers require no preparation, refrigeration or heating. They are shelf stable for 60 days and come in four flavors including a nacho, cheese and salsa meal and three different flavors of fruit preserve, peanut butter and cinnamon sugar corn chip meals. -END- For more information, please call Heidi E.Hirst, Toll Free at (888)368-8703 or visit our web site at www.aiminvestor.com Certain statements in this press release are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements express or implied by the forward looking statement. Factors that impact such forward looking statements include, among others, the ability of the Company to attract business, risks of competition, and price and margin trends.