SOURCE: Smoky Market Foods, Inc.

May 07, 2008 14:10 ET

Smoky Market Foods, Inc. Announces Retention of International Monetary as Its Strategic Advisory Firm

Implementing Strategy to Create Chain Affiliations and Selected Small-Chain Acquisitions for Accelerated Growth by Employing Experienced Consulting Firm to Arrange Financing

APTOS, CA--(Marketwire - May 7, 2008) - Smoky Market Foods, Inc. (OTCBB: SMKY) announced that it has engaged International Monetary ("IM") as its strategic advisory firm to assist in the identification of acquisition financing and related capital resources, provide proprietary investor relations services, advise on merger and acquisition candidates, and advise the Company's management on other strategic decisions.

"IM has a direct connection to the investment community which will help us quickly move forward to implement our strategy to create affiliates with large foodservice chains and with acquisitions of small restaurant chains for aggressive growth of revenue and brand development through installation of our menu system stations and kiosks," said Edward Feintech, CEO and President of SMKY. "IM's vast experience will enhance our overall financial objectives including market support of SMKY stock where we'll benefit from IM's qualified professional guidance," Mr. Feintech said.

Continued Mr. Feintech, "IM is a premier consulting firm catering specifically to small cap public companies; Quantified Marketing Group ('QMG'), our operating affiliate, is among the largest full-service restaurant marketing and operations firms in the country. These two quality firms working together will give SMKY the potential to grow revenue and branded product distribution through creation of operating affiliations with selected foodservice and other retail oriented chains, and through prudent acquisitions of selected small foodservice concept chains on a regional and national basis. We plan to affiliate with selected larger chains and acquire only those small chain concepts that will be suitable for installation of a respective SMKY foodservice menu system (station or kiosk) that will increase revenue and unit profitability."

"I believe the timing is perfect for us to implement an operating strategy that employs the value of SMKY's principal operating concept, which is our capability of generating sales revenue of quality smoked foods in very small areas of space with our menu system stations and kiosks. With IM's financial connections, we expect to be able to offer to cash-out successful small chain operators and provide no-cost, added incremental revenue to existing operators within an industry segment very much in need of our service," Mr. Feintech said.

About Smoky Market Foods

Smoky Market Foods, Inc. is a development stage company that produces a complete line of fully-cooked Smoke-Baked foods through a unique wood-burning oven system. Because of its proprietary wood-burning oven technology, the company's Smoke-Baked products are believed to be truly healthful as they are prepared the old-fashioned way, without the use of any additives or chemical preservatives. Smoky Market Foods, Inc. intends to build a national chain of Smoky Market® restaurant-stores and self-contained kiosks that do not cook raw food on site, as well develop nationwide retail distribution for its packaged line through Internet sales and display merchandising venues.

Forward-Looking Statements

This release may contain forward-looking statements as well as historical information. Forward-looking statements may involve risks, uncertainties and other factors that may cause the Smoky Market Foods' actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks and uncertainties include, without limitation, the following risks: that, even with the assistance of its advisers, the company will be unable to obtain significant financing on reasonable terms, or at all, and will not be able to enter into affiliate relationships or purchase smaller restaurants or otherwise implement its business plan; that any financing transaction will substantially dilute existing shareholders; that the market price of the company's stock will continue to be subject to manipulation and will continue to fall despite positive financial or business developments; that the company will be unable to enter into agreements on reasonable terms or at all with potential venues for its stations and kiosks; and that revenues generated from the roll out of the company's business plan will not exceed associated costs. In general, Smoky Market is, and expects to be in the immediate future, dependent upon funds generated from sales of common stock, notes and other securities fund its development and operations. In addition, other risks are identified in the company's most recent Annual Report on Form 10-KSB and other filings with the SEC. Any forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events.

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