SOURCE: Favored Inc.

October 31, 2006 16:05 ET

FAVORED® Inc. Announces Launch Seed Distributor

WEST LAFYETTE, IN -- (MARKET WIRE) -- October 31, 2006 -- FAVORED® Inc. (PINKSHEETS: FVRD) today announced the launch Distributor for the newly acquired FAVORED® SEED, LLC.

Dr. Claude Page, President and C.E.O of FAVORED® Inc., is pleased to announce the appointment of Banks Seeds, LLC and their new Distributorship for FAVORED® SEED. The geographical territories assigned to Banks Seeds cover the heartland of corn production and seed sales, which encompasses areas in Iowa, Minnesota, and Nebraska.

Dr. Page commented about Stephen Banks and his organization, "I am very excited about the experience Stephen had at Land O'Lakes and other National and Regional Seed Companies. I know his relational capital, insight, and broad view and understanding of the Macro Economics of Agriculture will give FAVORED® SEED and the farmers who will grow FAVORED® SEED, a competitive advantage in the field."

FAVORED® Inc. recently announced that it has acquired 100% of FAVORED® SEED, LLC. Information on that acquisition can be found at http://www.favoredgrain.com/investor-press-releases.html

About Stephen J. Banks

Stephen J. Banks a graduate of the Biological and Zoological program at Cornell University has over 30 years experience locally, regionally and nationally, specifically in the Corn Seed Development, Genetics, and Sales/Marketing area. Stephen has worked for Regional Corn Seed organizations which he developed, hired and oversaw the implementation new distributors while continually increasing sales.

In addition to this immense background Stephen has also launched Sales and Marketing Initiatives for Land O'Lakes. At Land O'Lakes he launched new products and sales programs to distributors and salespeople throughout the United States. He developed and implemented a new concept of marketing products which resulted in a 50% sales increase for four consecutive years. Stephen has consistently outperformed targets and objectives. He has achieved recognition that is unparallel in the Corn Seed Industry.

About FAVORED® SEED

An Indiana Limited Liability Company, is in the business of supplying Non Genetically Modified Hybrid Corn Seed and Non Genetically Modified Soya Bean Seed with specialty output traits. These grains continue to be in high demand, particularly for exports to Europe, Asia, and North America. FAVORED® SEED endeavors at every opportunity to fulfill this immense market opportunity for specialty food grade products.

FAVORED® SEED is currently expanding its contract corn seed production by over 25% for the 2007 sales season. This continued growth will serve the demand of our current and future client base who utilize this product, while strengthening our presence in this niche.

FAVORED® SEED completes an important link in the implementation of the Patent Pending FAVORED® System. This furthers enable us to tailor our production and operations to meet our customers' future demands and requirements, while ensuring full ingredient traceability. FAVORED® continues to strengthen its position in the global marketplace as a trusted source for specialty food ingredients.

About FAVORED® Inc.

The all natural FAVORED® System delivers food products that carry the assurance of being completely traceable from origin to consumer (from "seed to plate"). Its patent pending system focuses on those traits that today's consumers desire; products free from growth hormones and antibiotics and produced with only non genetically modified feed rations.

FAVORED® Inc., therefore, participates in a market segment that represents approximately 33% of the U.S. population. In fact, sales to consumers who demand natural/organic foods now exceed US $30 billion each year.

For more information about FAVORED® Inc., please visit us at: www.favoredgrain.com and www.favored.tv.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.

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