SOURCE: American Food Holdings, Inc.

September 12, 2008 12:55 ET

American Food Holdings, Inc. Will Begin Trading as Plateau Mineral Development, Inc. Under New Stock Symbol PMDP

WINSTON SALEM, NC--(Marketwire - September 12, 2008) - American Food Holdings, Inc. (PINKSHEETS: AFHD) announces that it has completed its name change to Plateau Mineral Development, Inc. and it will begin trading under its new stock symbol PMDP effective Monday, September 15, 2008.

About Plateau Mineral Development, Inc.

Plateau Mineral Development, Inc. specializes in the exploration and development of gas and oil fields. Currently it is concentrating its efforts in Morgan County, Tennessee. The firm has been in existence for over five years with successful new wells and rework wells selling both gas and oil. Its current priority is to complete its compressor station to sell its gas production more consistently at top market prices through its own tap (the Morgan#4) for direct sales at top market prices. The project is scheduled for initial production November 2008.

Safe Harbor Statement:

This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

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