updated 3/21/2011 8:45:49 AM ET 2011-03-21T12:45:49

VAUGHAN, Ontario, March 21, 2011 (GLOBE NEWSWIRE) -- Foodfest International 2000 Inc. (OTCBB:FDFT) today announced that it has received approval from the Financial Industry Regulatory Authority (FINRA), and is now again eligible for quotation and trading on the Over-the-Counter Bulletin Board (OTCBB) under the ticker symbol FDFT effective March 11, 2011.

Mr. Henry Ender, CEO, said, "The trading of our stock on the Over-the-Counter Bulletin Board represents a significant corporate milestone. On the heels of strong operating performance in 2010, this announcement is another example of our commitment to growth and building shareholder value. Moreover," Mr. Ender added, "Foodfest truly is a focused company with an achievable goal of becoming a leader not only in North America but globally in the distribution, manufacture and sales of Kosher, organic, and/or natural food products and related services. Foodfest is well positioned to ramp up sales to major grocery retail chains and to consumers in step with our Kosher and organic partnership programs. Anticipated developments in the months ahead should make our progress increasingly visible to investors as we continue on a path to become a much bigger company."

Investors can visit www.otcbb.com to access real-time quotes and market trading activity of Foodfest's stock (ticker symbol FDFT), including real-time Level II quotes from various market makers.

About Foodfest International 2000, Inc.

Foodfest International seeks out new opportunities to enter into new broker agreements representing companies with products focused on Kosher, organic, and/or natural qualities. In addition, Foodfest International will pursue acquisitions or joint ventures with other brokerage firms, distributors, and manufacturers that also focus on these Kosher, organic, and natural qualities. Through its wholly owned subsidiaries and partnerships, Foodfest International sells and distributes a diversified portfolio of high-quality, shelf-stable, frozen and refrigerated foods across North America. For further information on company developments and information, please visit our website at www.foodfestamerica.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about Foodfest International 2000, Inc.'s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those contained in any forward- looking statements. Further information regarding these and other risks is included in our annual report on Form 10-K and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of March 21, 2011 and Foodfest International 2000, Inc. undertakes no duty to update such information, except as required under applicable law.

CONTACT: Foodfest International 2000 Inc.
         Fred Farnden
         +1 778-578-7157

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.97%
$30K home equity loan FICO 5.23%
$75K home equity loan FICO 4.66%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.28%
13.21%
Cash Back Cards 17.73%
17.70%
Rewards Cards 17.00%
16.96%
Source: Bankrate.com