RED BANK, N.J., March 25, 2011 /PRNewswire/ -- Cono Italiano Inc. (OTC Bulletin Board:CNOZ.ob - News), the manufacturer of "pizza cono" a cone-shaped pizza and "on-the-go" food product, is pleased to announce they are in the initial stages for the development of a Wheat cone for pizza cono.
"We believe with the addition of the wheat cone we can offer a healthy pizza product with less calories than a traditional 'pizza cone,' while maintaining the integrity of the product," said Mitchell Brown, CEO of Cono Italiano. "The company also plans to develop a Gluten free cone along with a line of frozen foods to be sold in retail outlets. We anticipate having these products available in the third quarter of 2011."
About Cono Italiano
Cono Italiano, Inc. is the manufacturer 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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