SYSCO of Iowa Begins Selling Smoky Market Salmon
November 17 2011 - 1:59PM
Marketwired
Smoky Market Foods, Inc. (PINKSHEETS: SMKY) (OTCQB: SMKY) announced
today it has launched into wholesale foodservice distribution and
formed a special brokerage relationship with SYSCO Foodservice of
Iowa. SYSCO is the global leader in foodservice distribution and
the company got the opportunity to present its salmon program to
SYSCO of Iowa. Eddie Feintech, CEO of Smoky Market Foods, Inc.,
stated: "The executive chef and staff loved the unique quality of
our Smoke-Baked salmon and bought our program on the spot. We
shipped their initial order on November 10th and presented our
program to all their Iowa reps at their holiday sales event on
November 11th and cases of Smoky Market salmon are beginning to be
sold." Highlights of the distribution program with SYSCO of Iowa
include:
- SYSCO of Iowa, a division company of SYSCO Foodservice, is
selling Smoky Market entrée fillets, whole platter fillets and
flaked salmon. In 2012, they anticipate adding some of the
company's other protein items to their inventory offering.
- SYSCO of Iowa is functioning as "the" broker for Smoky Market
foodservice for Iowa and has been awarded exclusive distribution
rights for the state, which agreement further includes the direct
introductions to other SYSCO division companies in the surrounding
states. The objective of this campaign is to develop distribution
of Smoky Market products through all SYSCO divisions nationwide,
and possibly the continuation of exclusive representation.
- Assuming the company's relationship with SYSCO evolves as
anticipated, SYSCO would be offered exclusive distribution of the
company's Smoky Kosher line, as well as distribution to the BarBQ
Diner outlets when the company launches the fast-casual dining
"Franship" concept.
The company can grow its revenue cash flow and become solidly
profitable through success with wholesale distribution from
production capacity of its existing smoker-oven system. Said Mr.
Feintech, "We can support several additional SYSCO companies with
our existing capacity, which will greatly facilitate the sale of
our Preferred Stock offering to finance more ovens for expansion of
sales on a national and international basis, to include
distribution into Canada." SYSCO of Iowa has over 80 sales reps
developing distribution for Smoky Market salmon throughout the
state and the senior staff will soon begin to make introductions to
other SYSCO division companies under the exclusive sales/brokerage
agreement.
ABOUT SMOKY MARKET FOODS Smoky Market Foods, Inc. is a producer
and distributor of a complete line of real Smoke-Baked™ foods that
are prepared authentically using a unique wood-burning oven system,
and sold under the brand name of Smoky Market®. Because of its
proprietary wood-burning oven technology, which burns freshly-cut
hickory and apple timber to impart a genuine smoky flavor, the
company's Smoke-Baked meat and fish are truly prepared the
old-fashioned way, without the use of any additives or chemical
preservatives. This aspect of quality wholesomeness in prepared
food processing is a market niche feature. Smoky Market Foods, Inc.
intends to build national brand distribution for its smoked foods
through multiple channels of marketing that include wholesale and
retail distribution, and through development of a chain of BarBQ
Diner modular restaurants that do not cook raw food on site.
FORWARD-LOOKING STATEMENTS Statements in this news release
regarding future financial and operating results, future growth in
research and development programs, potential applications of our
technology, opportunities for the company and any other statements
about the future expectations, beliefs, goals, plans, or prospects
expressed by management constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Any statements that are not statements of historical fact
(including statements containing the words "will," "believes,"
"plans," "anticipates," "expects," "estimates," and similar
expressions) should also be considered to be forward-looking
statements. There are a number of important factors that could
cause actual results or events to differ materially from those
indicated by such forward-looking statements, including: our
limited operating history, need for future capital and need to
enter into relationships with retailers for retail merchandising
business, supply and distribution risks, risks inherent in the
development and commercialization of potential products, protection
of our intellectual property, and economic conditions generally.
Additional information on potential factors that could affect our
results and other risks and uncertainties are detailed from time to
time in the company's periodic reports, including the company's
most recent Annual Report on Form 10-K and Quarterly Report on Form
10-Q. Forward-looking statements are based on the beliefs,
opinions, and expectations of the company's management at the time
they are made, and the company does not assume any obligation to
update its forward-looking statements if those beliefs, opinions,
expectations, or other circumstances should change.
Media Contact: Smoky Market Foods, Inc. P.O. Box 893 Webster
City, IA 50595 buysmoked@smokymarket.com www.smkycorp.com