RED BANK, NJ--(Marketwire - 10/08/10) - Cono Italiano, Inc. (OTC.BB:CNOZ - News), the exclusive license holder for the North American Distribution and Manufacturing rights for "pizza cono," a one-of-a-kind, drip-free, cone shaped pizza made from proprietary dough, is pleased to announce their agreement with Interstate Caterers to manufacture Cono Italiano's line of frozen food products at their FDA approved facility in South Plainfield, New Jersey.
"We have a high level of confidence that Interstate will manufacture Cono Italiano's product with the highest level of integrity and efficiency," said Mitchell Brown, CEO, Cono Italiano. "They will not only serve as a manufacturer, but a useful asset in marketing and distributing our product."
Cono Italiano, Inc. will provide Interstate Caterers with a fully automated filling line to produce up to sixteen hundred filled cones per hour. The "pizza cone" fillings will include breakfast and snack fillings in addition to the traditional pizza filling creating a diverse selection of different pizza cone options for various times of the day.
Interstate Caterers will work in conjunction with Cono Italiano to expand on the company's existing product line and offer their expertise in food manufacturing and food service which dates back to 1987. The cones will be available for sale to Interstate Caterer's current customers which include their mobile catering client base, vending and consignment program with convenient stores located at major gas stations.
About Interstate Caterers
Interstate Caterers is a food service provider, backed by professionals who are committed to our customers to create innovative food services in the New York tri-state area. Our commissary operates 7 days a week 24 hours a day, so that we can prepare fresh and delicious food items. All of our products are natural and the highest in quality of cheeses and deli meats. We also have the freshest products and fruits. We wholesale and distribute snacks, baked products, paper, beverages, dairy, frozen, fresh and prepared foods to all of our customers. http://www.interstatecaterers.com/
About Cono Italiano, Inc.
Cono Italiano, Inc. owns the North American distribution and manufacturing rights for Pizza Cono. This Pizza Cone is designed to be a drip free, spill free cone-shaped pizza made of proprietary dough and filled with freshly selected ingredients. The Company intends that the Pizza Cone will be distributed through the fast food market. The Pizza Cone will be distributed to quick-service restaurants (QSR), takeaways, and leisure locations. These establishments include typical fast food chains, supermarkets, convenience stores, entertainment facilities and sports arenas. Sales of frozen pizza in 2009 were $4.4 billion making it one of the fastest growing categories in supermarkets and convenience stores. For more information please visit www.conoitaliano.com
Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Actual results may differ materially from forward-looking statements due to various factors beyond the control of the Company. For further information regarding risks and uncertainties associated with the Company's business, please refer to the Company's filings which are publicly available on the website of the U.S. Securities and Exchange Commission.
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