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NEW YORK--([ BUSINESS WIRE ])--Diamond Ranch Foods, Ltd. (OTC BB: DRFO) (Berlin WKN# A0RNQK), a meat and poultry processing and foodservice distribution company, is pleased to announce that the Company has appointed Victor Petrone as Chief Operating Officer, and he will also assume the responsibilities of Chief Financial Officer.
"We are elated with the appointment of Victor Petrone as our COO and CFO. His substantial experience in food distribution, restaurant operation, import/export in addition to his public company experience, make him a welcomed addition to Diamond Ranch Foods as we strategically plan to expand our business operations"
Mr. Petrone is a Graduate of The Wharton School of Business, University of Pennsylvania, is fluent in multiple languages, and has vast experience in the importing/exporting industry and foodservice and distribution as a whole.
Mr. Petrone began his career in the mid-1980s as owner and General Manager of Capital Food Corp. where he developed ethnic dining concepts for quick-service restaurants, formal dining, as well as free-standing restaurants. He entered the food distribution sector, Serv-Safe Certified and in 1999 was recruited by Roma Food Enterprises as General Manager of Western US and Mexico to oversee its International expansion. In 2001, Mr. Petrone was recruited by U.S. giant Sysco Foodservice Corporation to oversee its Specialty Market Division, as well as Business Development for International Sales.
Additionally, in 2004 Mr. Petrone formed International Food Specialists Inc. (IFS), an import-export company representing over 70 manufacturers and up to 500 product lines. The sales market included USA, Mexico, Canada, The Caribbean, Central and South America. In 2006, Mr. Petrone consolidated IFS, Inc. with publicly traded Nascent Wine Company, Inc. where he served as the company's President and Director.
aWe are elated with the appointment of Victor Petrone as our COO and CFO. His substantial experience in food distribution, restaurant operation, import/export in addition to his public company experience, make him a welcomed addition to Diamond Ranch Foods as we strategically plan to expand our business operations,a stated Louis Vucci, Jr., President.
aWith Mr. Petrone in place, we have now solidified our management team and feel confident that we will be able to achieve the double-digit sales goals we are projecting,a added Mr. Vucci.
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About Diamond Ranch Foods, Ltd.
Diamond Ranch Foods is a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry and foodservice items, including private label and custom-cuts, which can be prepared fresh, frozen or vacuum-packed. The Company operates a fleet of refrigerated trucks for delivery throughout the New York metropolitan area and ships coast to coast via common carrier.
The Companyas USDA-inspected facility is located in the Hunts Point Cooperative Market (Bronx, New York), which is the largest food distribution center in the world, and boasts a highly-diversified customer base throughout the tri-state region, including; supermarket chains, restaurants, hotels, deli/catering operators, institutions and industry suppliers.
Please visit[ www.DiamondRanchFoods.com ]for additional information on the Company.
Safe Harbor Statement
Statements contained in this presentation that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. The forward-looking statements are made based on information available as of the date hereof, and the Company assumes no obligation to update such forward-looking statements. Forward-looking statements are sometimes identified by words such as "intends", "anticipates", "believes", "expects", and "hopes" and involve a number of risks and uncertainties that could cause the Company's actual results to differ materially from projected results. All parties are cautioned that such forward-looking statements involve risks and uncertainties that could cause the Company's actual results to differ materially from those in these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the Company's products and services and any other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.