NAPLES, Fla., Dec. 7, 2005 (PRIMEZONE) -- Innovative Food Holdings, Inc. (Pink Sheets:IVFH), pursuant to a meeting of its Board of Directors, has raised the number of members of the Board of Directors from three to four and is pleased to announce the addition of Mr. Sam Klepfish to fill the vacant Board seat.
Mr. Klepfish currently serves as a Managing Partner at ISG Capital, where he focuses on corporate finance advisory and on evaluating investments for the KV Asset Management Group. He is also a Vice President at Freidland Capital, a corporate finance advisory firm for public companies. From May 2004 through February 2005, Mr. Klepfish served as a Managing Director of Technoprises, Ltd. From January 2001 to May 2004, he was a corporate finance analyst and consultant at Phillips Nizer, a New York law firm. Since January 2001, Mr. Klepfish has been a member of the steering committee of Tri-State Ventures, a New York investment group. From 1998 to December 2000, Mr. Klepfish was an asset manager for several investors in small-cap entities. Mr. Klepfish also serves as a Director at KV Asset Management group.
IVFH is the holding company for Food Innovations, Inc., a distributor of fine perishables and specialty food products to the restaurant industry through overnight shipping channels.
For more information about Food Innovations, Inc., please visit www.foodinno.com.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement