The Spice Depot, Inc.
PINK SHEETS : SDEO

The Spice Depot, Inc.

November 18, 2010 08:31 ET

The Spice Depot Signs LOI With Ever Fresh

LAS VEGAS, NEVADA--(Marketwire - Nov. 18, 2010) - The Spice Depot, Inc. (PINK SHEETS:SDEO) ("Spice Depot" or the "Company"), a provider of all-natural spices and spice blend products, announces the signing of a Letter of Intent (the "LOI") with Ever Fresh, confirming the Company's intent to grant an exclusive global license (the "License") to Ever Fresh, to market Company products.

Spice Depot has been unable to meet established growth targets, due primarily to its inability to raise funds for inventory and expansion. Management believes that the grant of an outside sales and marketing License is the only option at this time as it should permit growth outside of the restrictions of the structure of the Company.

About the Company

The Spice Depot is a provider of all-natural spices and spice blend products and organic herbs to the supermarket and grocery, retail, wholesale and food services industries. The Company is best known for their grinder-top glass bottles of premium spices and spice blends grown primarily by boutique farmers on the spice islands but also Southern Asia, Africa and North America and packaged on-site in the company's organic-certified processing and packaging facility in Indonesia. 

About Ever Fresh

Ever Fresh intends to market spices and other food related products world wide.

Forward Looking Statements:

This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "expects", "will", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur.

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