SOURCE: Produce Safety and Security Int'l, Inc.

January 09, 2008 08:31 ET

Produce Safety & Security International Implements Reverse Stock Split and Receives New Ticker Symbol

IRVING, TX--(Marketwire - January 9, 2008) - Produce Safety & Security International, Inc. (PINKSHEETS: PDSS) announced today that the Company is revising the date of its previously announced reverse stock split. The Company is implementing a 500 to 1 reverse stock split of its common stock, effective today, January 9, 2008, after receiving NASDAQ approval. Shares will now be trading under the new ticker symbol PRSF (PINKSHEETS: PRSF). The Company's Board of Directors approved the capital restructuring to better position the Company for profitability and to reduce market volatility.

Currently, Produce Safety & Security is supporting METSS Corp. in the Small Business Innovation Research trials for the U.S. Navy and Air Force by providing METSS with engineering assistance and processing techniques for its unique Ozone Spray technology. Along with the METSS agreement, the Company has submitted a proposal to Gambles Produce of Ontario, Canada, to utilize the Ozone Spray technology at its processing plant in Toronto. The Ozone Spray technology will enable Gambles Produce to remove any food-borne illnesses pathogens on produce shipped throughout Canada.

"We are implementing the stock restructuring to better position the Company for profitability in 2008. These actions will help create shareholder value while leaving us the flexibility to pursue other growth opportunities as they arise. Produce Safety and Security International will also be looking into future acquisition and merger candidates over the coming months," stated Clarence W. Karney, CEO of Produce Safety & Security International, Inc.

About Produce Safety & Security International, Inc.:

Produce Safety has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. This process will provide retail produce departments with reduced shrinkage, increase the bottom line and provide a fresher product for the consumer. The Company provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations in the USA, Canada, and Mexico.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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