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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?

To: yogi bare who wrote (1656)	5/26/1999 9:25:00 AM
From: yogi bare	Read Replies (1) \| Respond to of 2453

Here is the Press Release Yogen Fruz acquires Honey Hill Farms Yogurt Yogen Fruz World-Wide Inc YF.A Shares issued 38,877,238 May 25 close $3.90 Wed 26 May 99 News Release Mr. Michael Serruya reports Yogen Fruz World-Wide has purchased the Honey Hill Farms Yogurt business of Monterey, Calif., for an undisclosed purchase price. Honey Hill Farms is a leading brand of non-fat frozen yogurt that is popular in yogurt shops and other food service venues. Honey Hill Farms' products include soft-serve and packaged frozen yogurt. Honey Hill Farms, founded in 1977, was a pioneer in developing premium frozen yogurt, and is considered the most widely known brand in California. "This acquisition is of strategic importance to our west coast growth plan," commented Michael Serruya, co-president and co-chief executive officer of Yogen Fruz World-Wide Incorporated. "Honey Hill Farms has a strong regional presence on the United States west coast. Their frozen yogurt product is extremely popular and will improve our position in the lucrative west coast market." As of Aug. 31, 1998, Yogen Fruz had approximately 4,900 locations, through company owned, franchised and non-traditional partnership locations in 82 countries. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com