SOURCE: Worldwide Food Services, Inc.

Worldwide Food Services, Inc.

March 19, 2010 11:30 ET

Worldwide Food Services, Inc. (WFSV) Signs Letter of Intent

BORDENTOWN, NJ--(Marketwire - March 19, 2010) - WORLDWIDE FOOD SERVICES, INC. (PINKSHEETS: WFSV) announced today the Company has signed a letter of intent to acquire Global Holdings, Inc. Details will be made available upon completion of the acquisition.

Worldwide Food Services, Inc. is 100% debt-free. The Company owes no suppliers or manufacturers; inventories that are held have all been paid for-in-full.

For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127 and/or www.wwfoodservices.com.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, Domestic and global conditions, and market competition.

Contact Information

  • Contact:
    Rich Kaiser
    Investor Relations
    YES INTERNATIONAL
    #800-631-8127