To: bigbuk who wrote (15 ) 4/19/1999 11:41:00 AM From: Due Diligence Read Replies (1) | Respond to of 47
MDMI news: (COMTEX) B: Massimo Da Milano Inc., Announces Today Its First Java Ce B: Massimo Da Milano Inc., Announces Today Its First Java Centrale Internet Cafe. DALLAS (April 19) BUSINESS WIRE -April 19, 1999--Today MDMI (OTC BB:MDMI) 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) 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) 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. -0- na/da* CONTACT: Massimo Da Milano Inc., Dallas Crawford Shaw Jr., 214/630-4683 www.BUYMDMI.com KEYWORD: TEXAS ARIZONA CALIFORNIA NEVADA VIRGINIA INDUSTRY KEYWORD: FOODS/BEVERAGES INTERACTIVE/MULTIMEDIA/INTERNET COMED RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***