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Diamond Ranch Foods Secures Purchase Orders in Mexico with Annual Revenues Projected to be $5 Million

^{Published on 2010-09-13 06:05:38 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Diamond Ranch Foods, Ltd. (OTC BB: DRFO), a meat, poultry and seafood processing and foodservice distribution company, is pleased to announce today that the Company will commence exporting products into Mexico.

"Diamond Ranch Foods is at the forefront to capitalize on this growing need for products."

Diamond Ranch Foods has secured purchase orders which they project will bring an additional $400,000 in monthly revenue, approximately $5M annually. This will represent an increase in sales of nearly 40% and an increase in the gross profit margin of 20% annually.

Diamond Ranch Foodsa™ CFO/COO, Victor Petrone, has extensive experience in shipping into Mexico and other regions abroad and internationally. aThese initial secured purchase orders are only the first step in entering this lucrative and underserved marketplace,a stated Mr. Petrone.

Mexicoa™s hotel and restaurant business, including Baja, California is heavily dependent on tourism. Almost 90% of the foreign tourists in Mexico are from the United States and many show a preference to purchase US food products. Mr. Petrone added, aDiamond Ranch Foods is at the forefront to capitalize on this growing need for products.a

According to a recent USDA report, Mexicoa™s hotel, restaurant, and institutional foodservice sectors have sales of $55 Billion. The foodservice distribution industry in Mexico is highly fragmented and underdeveloped, while posing unique logistical challenges, thus creating a barrier to US food service distributors to enter the Mexican market. Diamond Ranch Foods has developed an import portal, as well as a customer base to begin penetrating the Mexican marketplace.

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.