SOURCE: Worldwide Food Services, Inc.

Worldwide Food Services, Inc.

August 24, 2010 16:15 ET

Worldwide Food Services (WFSV) Expands Non-Food Opportunities

BORDENTOWN, NJ--(Marketwire - August 24, 2010) -  WORLDWIDE FOOD SERVICES, INC. (Worldwide Food Services) (PINKSHEETS: WFSV) announced today a plan to build on its Veteran, National Blind Enterprises Co-op, and government penetration with a non-food product line. The Company's initial concentration on food created high potential for shelf space in targeted customer bases with non-food items. Vending machines, 'Mini-Dollar Stores,' VA retail stores, and commissaries and exchanges all represent expanded revenue and profit opportunities. Initial talks with companies distributing non-food items have begun with the first acquisition/joint venture expected by mid-September, 2010. 

Worldwide Food Services, Inc. is 100% Debt-free. The Company owes no suppliers or manufacturers; inventories that are held have all been paid-in-full.

For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127 and/or www.wwfoodservices.com.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

Contact Information

  • CONTACT:
    WORLDWIDE FOOD SERVICES, INC.
    Rich Kaiser
    Yes International
    800-631-8127