TORONTO, Feb. 14, 2005 (PRIMEZONE) -- Food Safe International, Inc., the "Company," or "FSIJ" (Pink Sheets:FSIJ) soon to be renamed Produce Security and Safety International, Inc., announced today that it has executed a letter of intent to appoint Mr. Clarence 'Bill' Karney as the new President & CEO and his team from Food Safety International LLC.
Food Safe International Inc., intends to appoint Mr. Clarence Karney as the new CEO and President of Food Safe International Inc. and acquire Mr. Clarence Karney's Food Safety International LLC within the next thirty days. The Company intends to issue capital stock of FSIJ as compensation to Mr. Clarence Karney for his appointment. Mr. Jason Wong, FSIJ's current visionary President will remain as the chairman of the Advisory Board.
Sphere Group, Inc. markets and distributes the Spherequat 1000 and Spherequat 6400. These Sphere products are presently available for sales and marketing by FSIJ. Joe Simpson, President & CEO of Sphere Group, Inc. stated, "We are excited to have been chosen as the prime supplier of our EPA Registered Spherequat 1000 and 6400 products for use in the FSIJ program. We are confident that the Sphere state-of-the-art technology will enable FSIJ and Food Safe International LLC to successfully meet, or exceed their plans and objectives for global food safety." These products are EPA Certified for use in the Food, Medical and Sanitation industries. The Spherequat 1000 and 6400 ozone sanitation process is effective for fresh produce, floral, meat, dairy, poultry, hog barns, seafood, deli, ice machines, medical facilities and trucking transportation operations. FSIJ is pleased to announce the opportunity with experts Clarence Karney of Food Safety International LLC and Joe Simpson of Sphere Group, Inc.
About Food Safe International
Food Safe intends to eliminate food safety and sanitation issues and provide methods to improve procedures to minimize risk and liability. Food is one of the most mobile commodities traded internationally. Consumers are asking more questions and demanding answers. Whether the commodity is spices (insect contamination), beef (E. coli), strawberries (Hepatitis A, salmonella), fish (mercury) or any of thousands of foods traded globally, consumers and buyers are demanding new standards of quality, safety and nutritional value. Protecting people from food borne illness is Food Safe's number-one priority. Food Safe's comprehensive program is a proactive approach to food safety. Spurred into action by food crises in the global beef industry, there is an international consensus that producers and food industry stakeholders require a reliable methodology and technology for verifying food production and food safety.
About Food Safety International LLC and Ozone International
Food Safety International LLC offer a variety of products and services that provide safer food & produce products, better quality, reduce shrinkage, and enhance shelf life. Food Safety International LLC has developed a chemical-free environmentally safe system that guarantees the safety of customers products. The process is accomplished through a unique ozonation process that removes pathogens and bacteria from product. This is a Whitewater Patent of Ozone International LLC to which Food Safety International LLC has an established marketing agreement. While food safety is the primary goal, an important bi-product of the system is the significant reduction in shrinkage by improving shelf life. Food Safety International LLC has a team of industry experts with over 140 years experience to manage the company. Ozone wash is a non-toxic solution that delivers fresher, safer produce to market by destroying pathogenic microorganism that cause spoilage and transmit disease. Recently, the FDA and ADEC have approved the use of ozone as a sanitizer for use in food processing plants.
About Mr. Clarence 'Bill' Karney
Mr. Clarence 'Bill' Karney is the co-founder, Chairman and Chief Executive Officer of Food Safety International LLC. He has over 40 years of experience in the produce industry. His knowledge encompasses all aspects of the produce business including domestic and international field operations, inspections, procurement, sales, marketing and consulting. Mr. Karney has developed exceptional government and corporate contacts and is considered one of the most experienced members in the produce field. Prior to founding Food Safety International LLC, Mr. Karney was the founder and president of Karney & Associates. In this capacity, he was involved in the operations and inspections for import and export companies, sourced fresh fruit from Central America and provided market development and consulting services to a publicly traded news company for the produce industry. His other activities included the successful and profitable sales of seasonal fresh fruits and vegetables to major retailers, food service, terminal markets, and U.S. governmental purchasing agencies. Mr. Karney spent twelve years as a U.S. Department of Defense Procurement Agent/Contracting Officer. During this time he was responsible for the purchasing of over $400 million per year of fresh produce for these organizations. Prior to that, he spent seven years as a U.S.D.A. Fresh Produce Inspector at terminal markets including Boston, Washington, D.C. and Philadelphia, and fresh produce inspection in the states of New York, New Jersey, Florida, and Virginia. Mr. Karney is a professional member of United Fresh Fruit and Vegetable Association, Western Growers Association, International Food Processors, International Fresh-cut Produce Association, and the Produce Marketing Association. He is also a member of 5 A Day Produce For Better Health.
Safe Harbor Statement:
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives, and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include, but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.