SOURCE: Product Safety and Security International

June 28, 2005 08:00 ET

Produce Safety and Security International, Inc. Announces LOI to Purchase Facility in Arizona and Spherequat Products Distribution

Facility Will Provide a 9 Million Dollar Asset and Is Expected to Employ Over 400 Employees

PRESCOTT, AZ -- (MARKET WIRE) -- June 28, 2005 -- Produce Safety & Security International, Inc. (OTC: PDSC) is pleased to announce that the company has entered into a letter of intent for the purchase of a 100,000-plus-square-foot facility in Prescott, Arizona.

Clarence W. Karney, CEO of Produce Safety & Security, states that this facility will house the company's Corporate Offices, Food Safe Risk Reduction Process, Reconditioning and Cross Docking Operation, Spherequat/Medic-Kleen Western Distribution, Biodegradable Fruit-Tray Operation, Showroom for all products, Truck Sanitation Process, Food Brokerage Operation, GIS Inspection Operation, Home Unit Marketing, Food Safety & Risk Reduction Training and Food Safety Audits. This facility will provide a $9 million asset and is expected to employ over 400 employees. It is intended that PDSC will provide deliveries of PSSI/GSI Certified Product to their contract clients, this facility will be the model for planned future Distribution Centers.

The company intends to eliminate food safety and sanitation issues and provide methods to improve procedures to minimize risk and liability. The company's comprehensive program is a proactive approach to food safety and intends to offer a variety of products and services that provide safer food & produce products, better quality, reduce shrinkage, and enhance shelf life.

Karney announced that the company will immediately expand their use of the state-of-the-art EPA Registered Spherequat 1000 and 6400, a Cleaner-Disinfectant-Sanitizer-Deodorizer for hospitals, nursing homes, whirlpool, home, veterinary, restaurant, food handling and process areas, bar and institutional kitchen use and for sanitizing ice machines, to include a Ready-to-Use Spherequat 2525-200. The 200 series is an EPA Registered, Ready-to-Use 200 ppm quaternary active food contact sanitizer that is specifically formulated for use by personnel in food service establishments, homes, schools, institutions, industries, meat/poultry/food processing plants, dairies, bars, restaurant and cafeterias to sanitize hard, nonporous surfaces.

Many companies offer protection in the form of food contact sanitizers and disinfectants for both farm and dairy use, Spherequat 2525-200 combines both in their Disinfectant/Sanitizers. Brewers, bottlers, all food processors and farmers from both the food and beverage industry share a common requirement of a clean and sanitary operation for production. This is the focus of our team at PDSI! So, come join us! The PDSI technology gives you complete protection from the "Stable to the Table." The company invites all dealers and other users of sanitizers to visit www.foodsafeint.com beginning July 5th for product specifications and information on becoming a dealer.

Safe Harbor Forward-Looking Statements

Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Produce Safety and Security International, Inc.
    David Van Vort
    Capital Group Advisors, Inc.
    Tel: (954) 453-1171
    (786) 277-3484
    www.foodsafeint.com