Global Foods Online (OTC BB: GFDO) today announced it has selected OTC Financial Network, division of National Financial Communications Corp., to direct its financial communications and shareholder relations campaign.
“Global Foods Online has created the first-and-only international multimedia food industry publishing, advertising, and marketing source servicing the $65 billion USA and Canadian specialty global food, beverage and confectionery market. The overall U.S. food market totals $720 billion. The Company utilizes advanced business-to-business Internet technologies and quarterly printed directories to link world manufacturers, buyers and sellers both online and off. This innovative two-fold strategy simplifies the traditionally complex process of sourcing and importing upscale, branded food products into the U.S. and Canada,” stated Geoffrey Eiten, president of OTC Financial Network.
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Eiten continued, “Global Foods Online is a new issue that offers investors a unique opportunity for upside. Backed by a strong management with over 100 years experience in international publishing, marketing, and sales promotions, Global Foods is poised to become a leading multimedia company in the fast-growing international specialty food, beverage, and confectionery markets.”
John Harrison, co-founder and president of Global Foods Online, stated, “We are working aggressively to create a premier gateway for global sellers and buyers of international gourmet specialty products. We recently targeted over 50,000 individually selected U.S. and Canada-based professionals through our free, printed guide `Source International: Food and Beverage Directory.’ This directory will be leveraged to drive industry buyers and decision makers to purchase products from worldwide manufacturers who advertise in the printed directory and online at www.globalfoodsonline.com.”
David Gordon, co-founder and chairman of Global Foods Online, said, “With plans to further implement our Internet business-to-business function and deliver an updated source guide four times per year, now is the opportune time to partner with the professionals at OTC Financial Network. OTC Financial will assist our company in communicating our exciting growth prospects to the investment community.”
About Global Foods Online
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By GlobalDataGlobal Foods Online is the first global multimedia publishing, advertising, sales and marketing company that combines Internet business-to-business technology and printed directories for the international export and import promotion of the specialty food, beverage, and confectionery industry. Global Foods Online has established initial relationships with 52 cooperating countries. The Company links world industry buyers, distributors and manufacturers of high-quality, branded gourmet food products online through www.globalfoodsonline.com and its quarterly offline printed, “Source International: Food and Beverage Directory.” For additional updates, see www.globalfoodsonline.com.
About OTC Financial Network
OTC Financial Network, a division of National Financial Communications Corporation, based in Needham, Massachusetts, is a financial communications and investor relations firm that specializes in micro-cap companies.
Forward-looking statements in this release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party suppliers, and other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.
