Universal Food and Beverage Company
OTC Bulletin Board : UFBV

August 31, 2005 13:03 ET

Universal Food and Beverage Company to Assist with Hurricane Katrina Relief Efforts

ST. CHARLES, ILLINOIS--(CCNMatthews - Aug. 31, 2005) - Universal Food and Beverage Company (OTCBB:UFBV) announces today that Federal and State agencies have contacted them for assistance in the management and coordination of the supply and distribution efforts. A key member of Universal's management team has been temporarily dispatched to the Atlanta Region. This effort is in response to the catastrophe brought forth by Hurricane Katrina.

"We have been asked to specifically assist in this important effort because of our Team's experience and reputation in the beverage industry. We are more than happy to assist these Agencies with the relief efforts and we will remain in service there until the job is done," said Marc Fry, President and COO of Universal. "Our primary concern is for the health and safety of the population affected by this unfortunate event. Universal is committed to helping expedite the much needed fresh water to the hardest hit areas of the Gulf Coast states, and coordinating supply and delivery is our main goal in Atlanta. Universal's efforts are overshadowed by the massive destruction and loss in the wake of Katrina, and we hope that our assistance will ease the burden that the victims will undergo in the next few months."

President Bush has already issued emergency disaster declarations for the states of Louisiana, Alabama and Mississippi so that the affected areas may quickly receive federal assistance. In addition, the Federal government has put into effect a massive emergency assistance program that includes rushing baby formula, communications equipment, generators, water and ice into the hardest hit areas.

Preliminary estimates by risk assessment companies are already placing Hurricane Katrina as the costliest storm in U.S. history, surpassing the amount of over $21 billion in losses caused by Hurricane Andrew that affected south Florida and the Gulf Coast in 1992.

About Universal Food and Beverage

Universal Food and Beverage Company is a full-service provider of Universal branded beverages and co-pack private label products for the health-conscious consumer.

The Company continues to develop nutritional, controlled-calorie products that promote a healthy lifestyle. Universal also develops, tests and perfects production systems including aseptic processing and packaging systems to enhance product quality. The Company's innovative range of products and systems are developed for both domestic and international markets.

Safe Harbor Disclaimer

SAFE HARBOR Information in this news release may contain statements about future expectations, plans, prospects or performance of Universal Food and Beverage Company ("Universal") that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project", and similar words and phrases are intended to identify such forward-looking statements. Universal cautions you that any forward-looking information provided by or on behalf of Universal is not a guarantee of future performance. Universal's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Universal's control, in addition to those discussed in Universal's press releases, public filings, and statements by Universal's management, including, but not limited to, Universal 's estimate of the sufficiency of its existing capital resources, Universal's ability to raise additional capital to fund future operations, Universal's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Universal's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Universal does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Source: Universal Food and Beverage Company

Contact Information

  • The Financial Globe, Inc.
    Gary Trump
    Investor Relations
    (772) 794-3302