RED BANK, N.J., Jan. 27, 2012 (GLOBE NEWSWIRE) -- Cono Italiano, Inc. (OTCBB:CNOZ), the exclusive license holder for the North American Distribution and Manufacturing rights for "pizza cono," a one-of-a-kind, drip-free, cone-shaped pizza made from proprietary dough and manufacturer of frozen foods, is pleased to introduce Empanadas to their family of food products.
Cono Italiano Inc., along with Interstate Caterers, Cono's manufacturing partner, has begun manufacturing and distributing Empanadas. "We are very excited to add the Empanadas to our current mix of products. This category can take the two companies to the next level. We believe the revenues of Empanadas can grow to $100,000,000 dollars annually," states Mr. Amorim of Interstate Caterers.
The Empanadas will be offered in various sizes ranging from 1 oz which will used for hors d'oeuvres to 4 oz. We will be offering various flavors ranging from chicken, vegetable and our most popular ham and cheese.
About Cono Italiano, Inc.
Cono Italiano, Inc. owns the North American distribution and manufacturing rights for Pizza Cono. This Pizza Cone is designed to be a drip free, spill free cone-shaped pizza made of proprietary dough and filled with freshly selected ingredients. The Company intends that the Pizza Cone will be distributed through the fast food market. The Pizza Cone will be distributed to quick-service restaurants (QSR), takeaways, and leisure locations. These establishments include typical fast food chains, supermarkets, convenience stores, entertainment facilities and sports arenas.
Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Actual results may differ materially from forward looking statements due to various factors beyond the control of the Company. For further information regarding risks and uncertainties associated with the Company's business, please refer to the Company's filings which are publicly available on the website of the U.S. Securities and Exchange Commission.
For further information, please visit www.conoitaliano.com