SOURCE: Italian Food & Beverage Corp.

Italian Food & Beverage Corp.

November 16, 2015 09:00 ET

IFBC Now in Discussions With Campagna Amica to Expand the Street Food Business in Europe

PLAINVIEW, NY--(Marketwired - November 16, 2015) - Italian Food & Beverage Corp. (OTC PINK: IFBC) -- IFBC and The Foundation Campagna Amica have entered into discussions for the promotion of IFBC's street food business called "Ape". IFBC will commence its "Ape" operations throughout Rome, Italy, with plans to later expand to those locations in which Campagna Amica already has a presence.

Situated in more than 7000 locations throughout Italy and the rest of Europe, Campagna Amica is the first national and European network of direct agricultural commerce. Founded in 2008 to carry out initiatives which emphasize and promote the value and importance of Italian agriculture, the Foundation supports Italian agriculture via the following: produce sales, environmental sustainability, and tourism. IFBC expects to generate approximately 500/600 Euros of revenue per day from each "Ape" location, and it has pledged 2% of each "Ape's" net revenues to The Working4Food Association for purposes of funding mini-development projects to operate in third world countries.

Lorenzo Buffi, President of IFBC, stated, "Since Ape's showcasing at this year's EXPO, it has gained enormous attention and acclaim. IFBC has been challenged with keeping up with the increasing demand for 'Ape,' a problem which is certainly good to have."

About Italian Food & Beverage Corp. (formerly Blast Applications, Inc.)

Italian Food & Beverage Corp. (formerly Blast Applications, Inc.) was a marketer and developer of cell phone applications for Android, iPhone®, Twitter® Facebook® and Nokia for purposes of monetizing a web surfer's dedication to social media sites through direct advertising programs tied to the Company's tools, applications and website -- Through its acquisition of Italian Food & Beverage Corp., a Nevada corporation, and the latter's subsidiaries, it is now in the business of manufacturing, exporting, importing, selling and distributing wine and various food products.

Its website is now

Forward Looking Statements

This release contains "forward-looking statements" and information provided by Italian Food & Beverage Corp. (formerly Blast Applications, Inc.), such as online, printed documents, publications or information available via its website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause the Company's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates," and similar words. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. There can be no assurance that the negotiations being considered by the letter of intent will be completed.

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