G. Willi-Food to Furthter Expand Product Lines
November 07 2006 - 11:56AM
PR Newswire (US)
New Lines of Dairy Products and Candies in Development Capitalizes
on Technological Capabilities and Partnerships With Key Suppliers
YAVNE, Israel, November 7 /PRNewswire-FirstCall/ -- G. Willi-Food
International Ltd. (NASDAQ:WILC) (the "Company" or "Willi Food"),
one of Israel's largest food importers and a single-source supplier
of one of the world's most extensive range of quality kosher food
products, today announced that following the Company's attendance
at the SIAL food exhibition in Paris in late October, Willi-Food
will engage in the development of several new products for the
kosher market. Mr. Zwi Williger, President and COO of Willi-Food
commented, "We pride ourselves on delivering highly innovative and
desirable products to the marketplace. Willi-Food's superior
development technology and established partnerships enable us to
rapidly capitalize on exciting trends in the industry and continue
to drive revenue and earnings growth." Among the new products in
development are several cheese alternatives, including types of
Gouda, Parmesan, Cheddar and Mozzarella, which Willi-Food will
source from a supplier in Greece. In addition, the Company is
working on long shelf-life yogurts from Holland. Another product
segment selected for expansion is candy. Willi-Food has developed a
new line of candies and is currently working on a new line of sugar
free candies. Willi-Food recently introduced a new product called
Fetina into the retail market in Israel. Fetina is a kosher version
of Feta Cheese, which is available in regular and 9% fat varieties.
The Company has scheduled a launch campaign for Fetina in November
and December. About G. Willi-Food International, Ltd. G. Willi-Food
International Ltd. is one of Israel's largest food importers and a
single-source supplier of one of the world's most extensive ranges
of quality kosher food products. It currently imports, markets and
distributes more than 400 food products manufactured by some 100
top-tier suppliers throughout the world to more than 1,000
customers. The Company excels in identifying changing tastes in its
markets and sourcing high-quality kosher products to address them.
For more information, please visit the Company's website at
http://www.willi-food.co.il/. Except for historical information
contained herein, the matters set forth in this press release are
forward-looking statements that are dependent on certain risks and
uncertainties, including such factors, among others, as market
acceptance, market demand, pricing, competition, changing economic
conditions and other risk factors detailed in the Company's SEC
filings. Contact: G. Willi Food International Ltd. Albert Israeli,
CFO +972-8-932-2233 IR contact: The Global Consulting Group
Christopher Chu +1-646-284-9426 DATASOURCE: G Willi-Food
International Ltd (WILCF) CONTACT: Contact: G. Willi Food
International Ltd, Albert Israeli, CFO, +972-8-932-2233, ; IR
contact: The Global Consulting Group, Christopher Chu
+1-646-284-9426,
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