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Diamond Ranch Foods Announces Performance Scout Initiates Research Coverage

^{Published on 2010-08-19 06:10:47 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Diamond Ranch Foods, Ltd. (OTC BB: DRFO) (Berlin WKN# A0RNQK), a meat, poultry and seafood processing and foodservice distribution company, is pleased to announce today that a leading German research and analysis firm, Performance Scout, has initiated coverage on DRFO with an initial Strong Buy recommendation. The research report can be viewed at the Diamond Ranch Foods website ([ http://www.diamondranchfoods.com/research_eng.pdf ]).

A few key points the report highlighted are:

- the Company has significant growth potential in a crisis-proof food market

- the Company has a strong, diversified management team in place

- the Company is part of the Standard & Poora™s Market Access Program available for viewing at:

[ https://reports.standardandpoors.com/aidata/maccess/d/drfo_437068_all.htm ]

The report also stated a few of the Companya™s business objectives to include double-digit sales growth in all quarters throughout 2010 and that mergers and acquisitions were on the horizon.

aWe are pleased to have international research coverage initiated on Diamond Ranch Foods, Ltd. Having fulfilled all of the initial objectives that were outlined in the Companya™s Growth Plan released on April 19, 2010, Victor Petrone, CFO/COO, and I will soon be disseminating our next round of objectives to our shareholders and the investment community,a stated Louis Vucci, Jr., President of Diamond Ranch Foods, Ltd.

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, seafood, 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[ http://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.