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Wed, February 18, 2009
Smoky Market Foods, Inc. : Smoky Market Foods, Inc. Announces Plan to Open Kiosks in Westfield Property Malls; Pilot Restaurant
WEBSTER CITY, IA--(Marketwire - February 18, 2009) - Smoky Market Foods, Inc. (
With proceeds of interim financing recently received, the Company is also nearing completion of its flagship Smoky Market restaurant-store located in Los Gatos, CA. The 1,200 square foot in-line venue will offer full-service dining, take-out, product-only catering, and retail display merchandising of selected items from its packaged food line. "This pilot restaurant-store will be a beautiful location and will demonstrate the operational attributes of our innovative foodservice concept; it will serve as a training store for all restaurant-stores to be subsequently opened in the Northern California region," Mr. Feintech said. Subject to receipt of expected financing, the Company intends to begin an expansion of the 1,200 to 1,500 square foot restaurant-store motif in selected communities in the West Coast region.
About Smoky Market Foods
Smoky Market Foods, Inc. is a development stage Company that produces a complete line of fully-cooked Smoke-Baked foods through a unique wood-burning oven system. Because of its proprietary wood-burning oven technology, the Company's Smoke-Baked products are believed to be truly healthful as they are prepared the old-fashioned way, without the use of any additives or chemical preservatives. Smoky Market Foods, Inc. intends to build a national chain of Smoky Market® restaurant-stores and self-contained kiosks that do not cook raw food on site.
Forward-Looking Statements
Statements in this news release regarding future growth and development of the Company's restaurant and kiosk concept, opportunities for the Company and other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including the potential inability of the Company to close in the near future a financing transaction sufficient to fund planned near-term development, risks associated with the reduced spending on restaurants and in shopping malls as a result of the ongoing recession; the risks inherent in the development and commercialization of a new restaurant concept and new food products, such as the need to attract and retain customers, finding and building out suitable restaurant or kiosk locations and related risks. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the Company's periodic reports, including the report on Form 10-Q for the quarter ended September 30, 2008, as amended. Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.