Reynaldo's Mexican Food Company Inc. Delivers Its First Shipment to Costco
29 Juin 2005 - 2:00PM
Business Wire
Reynaldo's Mexican Food Company Inc. (Pink Sheets:RYNL) announced
today that it has made its first delivery of Reynaldo's
"white-wrapped" burritos to Costco. Salvador Lopez, vice president
of national sales for Reynaldo's, witnessed the delivery and
product placement at a Costco Wholesale Warehouse location in San
Diego County on Tuesday, June 28, 2005. He commented that, "It is a
great day to see our Reynaldo's Mexican food products featured in
the rows of refrigerated display cases of Costco." Reynaldo's
"white-wrapped" burritos are the company's higher-end burrito
product and have been approved for distribution in Costco's San
Diego region. However, Joseph R. Garcia III, Reynaldo's chief
operating officer, noted that a meeting is scheduled next week with
Costco representatives to discuss the roll-out of "white-wrapped"
burritos in Costco's Los Angeles region. Garcia added, "This is
just a start and we hope to expand our product line presence within
the network of Costco stores." To see photos of the burritos in
Costco, please log onto www.rmfood.com and click on the photo
gallery tab, then click on store openings. Reynaldo's operates
seven food processing plants in Southern California. In addition,
Reynaldo's maintains nine warehouse/distribution centers in
California, Arizona, Nevada, Utah, Colorado and Texas. The
Reynaldo's product lines are sold throughout the Western United
States in such stores as Wal-Mart Super Centers, Sam's Club,
Costco, K-Mart, Smart & Final, Albertsons, Ralphs, Food4Less,
Fred Meyer, Fry's, Safeway, Vons, Bashas', Food City, Smith's and
in 7-11 stores in California. For more on the company's products
please visit its Web site at www.rmfood.com. There you can view a
video interview with company President Joe Garcia discussing the
past, present and future of Reynaldo's. Investor relations
information may be obtained by contacting: Corporate Strategies
Inc. at 888-597-8308 or CorporateStrategiesInc@cox.net. A number of
statements referenced in this release, and any other interviews
that have been made, are forward-looking statements, which are made
pursuant to the Safe Harbor Provisions of the Private Securities
Litigation Reform Act of 1995, and within the meaning of Section
27A of the Securities Act of 1933 and Section 21B of the Exchange
Act of 1934. Any statements that express or involve discussions
with respect to predictions, expectations, beliefs, plans,
projections, objectives, goals, assumption of future events or
performance are not statements of historical fact and may be
"forward-looking statements." Forward-looking statements are based
on expectations, estimates and projections at the time the
statements are made that involve a number of risks and
uncertainties which could cause actual results or events to differ
materially from those presently anticipated. Forward-looking
statements in this actions may be identified through the use of
words such as "expects," "will," "anticipates," "estimates,"
"believes," or statements indicating certain actions "may,"
"could," or "might," occur. Such statements reflect the current
views of Reynaldo's Mexican Food Company Inc. with respect to
future events and are subject to certain assumptions, including
those described in this release. These forward-looking statements
involve a number of risks and uncertainties, including the timely
development and market acceptance of products, services, and
technologies, competitive market conditions, successful integration
of acquisitions, the ability to secure additional sources of
financing, the ability to reduce operating expenses, and other
factors described in the company's public disclosure documents. The
actual results that the company achieves may differ materially from
any forward-looking statements due to such risks and uncertainties.
The company does not undertake any responsibility to update the
"forward-looking" statements contained in this news release.
Reynaldos Mexican Food (CE) (USOTC:RYNL)
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