SOURCE: Smoky Market Foods, Inc.

November 14, 2007 09:00 ET

Smoky Market Foods Signs Agreement to Acquire Los Gatos, CA Restaurant; Restaurant to Be Prototype for National Expansion

APTOS, CA--(Marketwire - November 14, 2007) - Smoky Market Foods, Inc. (OTCBB: SMKY) has entered into an agreement with respect to its proposed acquisition of the assets and leaseholder rights to a 50-seat restaurant site located in the heart of Los Gatos, CA. The restaurant will be the prototype Smoky Market restaurant-store and represents the first unit in a series of such restaurant-stores to be opened across the nation in the next five years.

Smoky Market Foods has spent years developing its proprietary Smoke-Baking technology for a wide range of menu items including beef, pork, chicken, lamb and salmon. The company has also entered into an agreement securing production capability with an operations center in Webster City, Iowa.

"We are carefully building the foundation for a national company with the cornerstone being the highest quality food,'' said Smoky Market Foods Founder and CEO Eddie Feintech. "Our new Los Gatos location will give us a foothold on the west coast and will serve as a training center for management as we roll out restaurants within the West Coast region."

Smoky Market expects to begin remodeling of the location immediately and then to close its purchase, and open the Los Gatos restaurant, in early 2008.

Looking to secure major brand development financing, Smoky Markets Foods commenced public trading in September. On November 1, the company announced it had secured an equity line of credit of up to $10 million from Dutchess Private Equity Partners.

"The company has in place a substantial production capacity to mass produce the entire menu of its real Smoke-Baked meats to be served in our Smoky Market restaurant-stores," Feintech said. "We expect our restaurant-stores will be cost-efficient to open and operate because no cooking or handling of raw food products will be done on site."

Smoky Market expects to announce additional restaurant sites in the first quarter of 2008. The company is planning to introduce prototype stores in five different regions across the county.

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 fashion 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.

Forward-Looking Statements

Any statements contained in this presentation that relate to future plans, events or performance are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, among others, the risks that the proposed acquisition of the Los Gatos store will not close for any of various reasons, including payment default by the company as a result of payment default; that the company may not be able to raise enough financing to execute its business plan; that any capital raised may be at a high cost and dilutive to stockholders; that the company may be unable to secure restaurant sites, skilled management and various agreements necessary to execute its business plan; and that the company's products and restaurants may be unable to compete in highly competitive markets. Additional risks are identified in Smoky Market Food's filings with the Securities and Exchange Commission. Smoky Market Foods, Inc. undertakes no obligation to update or alter these forward-looking statements as a result of new information, future events or otherwise.

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