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Tootie Pie Company November Sales up 15%

^{Published on 2009-12-11 06:17:07 - Market Wire}
 

BOERNE, TX--(Marketwire - December 11, 2009) - The Tootie Pie Company, Inc. (OTCBB: [ TOOT ]), a premium baker and seller of high-quality, handmade pies, announced today that it sold over 13,500 pies for the month of November 2009, an increase of 15% over November 2008, making this the best November in the Company's history.

Don Merrill, Tootie Pie Company's President & CEO, commented, "Coming on the heels of a 15% sales increase for October, this holiday season is shaping up very well for the Tootie Pie Company. I am pleased to see our continued sales growth, especially during these tough times."

In related news, the Company was informed by Dan Gostylo, a director of Tootie Pie Company, Inc., that he added to his position in the Company's stock by purchasing 38,240 additional shares of TOOT on the open market between the dates of December 1st and 8th, 2009 at an average price of just under $0.15 per share. Mr. Gostylo was elected to the Board of Directors in June 2009.

Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual consumers through in-store sales, orders via telephone and internet on the Company's website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels. Tootie Pie Company is a public company traded on the NASDAQ OTC market under the symbol "TOOT." For additional information or to receive correspondence from Tootie Pie Company, please visit: [ www.tootiepieco.com ]

Forward-Looking Statements

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," and "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the U.S. Securities and Exchange Commission (SEC).