Overview

International Food Products Group, Inc. markets and distributes select, high volume food products to retail, specialty and club stores across the USA. Well established in the marketplace, the company has successfully introduced its Golden Choice Foods® Colombian Supremo Whole Bean Coffee to selected Sam's Club stores nationwide. The company's anticipated growth can be attributed to a number of recent key developments; the appointment of industry veteran, Ketan Mehta as the new President of the company, the addition of new, high demand product lines, and the advancement of a global acquisitions program devised to expand and further enhance the company's portfolio of products.

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Investment Highlights

• The company's Board of Directors have authorized a program to repurchase an undisclosed number of shares of the company's outstanding stock. Commenting on the initiative, the company CEO, Mr. Damion stated, "Our decision to buy back shares of IFPG stock is an expression of our confidence in the long-term direction of the company."
• The company recently announced the appointment of Ketan Mehta as President of IFPG. Mr. Mehta, has successfully managed over $750 million in revenue transactions within the food industry over the past decade.
• IFPG has no long term debt
• The company announced a strategic alliance with one of the largest fresh juice processors in the western United States for the exclusive retail distribution of a major new line of freshly squeezed certified organic and non-organic 100% pure fruit juices.
• Silverado Corp. has agreed to purchase $5 million of Golden Choice Foods products over the next twelve months.
• IFDG Reached a licensing agreement with the Colombian Coffee Federation Inc., on the Juan Valdez® logo of its 2.5 lb Golden Choice Foods® 100% Colombian Supremo Whole Bean lines of coffee. "In 2005, Advertising Weekly named Juan Valdez® Icon of the Year and a recent poll shows that 86% of coffee consumers in the US recognize the logo. IFPG will utilize this co-branding opportunity to aggressively expand its presence in the retail sector. Americans drink over 300 million cups of coffee everyday, of which 75% are home brewed."
• Organics is the fastest growing sector in the North American food industry.
• According to the International Trade Centre, the 2001 world retail sales (in 23 European countries, USA, Canada, Japan and Oceania) for organic food were estimated to be about $19 billion US. It is forecasted to reach $23-25 billion in 2003 and $29-31 billion US in 2005.
• The market for premium coffee is growing dramatically with coffee being the fifth most widely traded commodity in the world.
• A recent article in the (May 4th 2006) Wall Street Journal; "Organic Food Go Mass Market" highlighted the explosive growth in the organics food sector, which according the Organic Trade Association (OTS) has recorded growth of 20% annually compared to mainstream food market where growth is averaging between 2% & 4% annually.
   

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Product Information

The company's flagship products include Golden Choice Foods® Colombian Supremo Whole Bean Coffee which was introduced late in 2005 for sale through 127 Sam's Club Stores nationwide. Packaged in a 2.5-pound see-through canister and carrying the Juan Valdez® logo as a sign of its Colombian authenticity and quality, the product benefits from high visibility though its premium positioning in Sam's Club and represents the company's most successful placement to date.
 

Along with the company's domestic roasting capabilities, their coffee is also roasted in the Coastal Valley of the Sierra Nevada de Santa Marta, Colombian mountain range in a facility which has a 100 million pound roasting capacity, IFPG will gain significant advantages by roasting in Colombia due to the superior quality and cost advantages achieved.
 

In addition, IFPG has formed a strategic alliance with one of the largest fresh juice processors in the western United States for the exclusive retail distribution of a major new line of freshly squeezed, certified organic and non-organic 100% pure fruit juices. The juices will be marketed under the Golden Choice Foods® Organic Harvest(tm) and Supreme Harvest(tm) brands.
 

The IFPG's product mix also consists of premium organic fruit products, both frozen and dried. The company has recently completed a new line Golden Choice Food® Organic Harvest(tm) Raisins that will be offered though major retail outlets nationwide. The raisins represent a significant addition to the Golden Choice Foods® existing line of frozen and dried blueberries, and frozen strawberries, and are scheduled to roll out for the back-to-school season; the second largest retail time of the year.
 

The management team at IFPG will continue to source, and introduce a number of additional high-demand fruit and vegetable products. These will include imported premium organic dates from Pakistan that will be offered to the market under the Organic Harvest(tm) brand.
 

Other Golden Choice Foods® products include patent-protected G.O.T. FRIES®, Just Popped(tm) and AW Shucks(tm).
 

G.O.T. FRIES®, Just Popped(tm) and AW Shucks(tm)
 

IFDG created some of the tastiest, most original snacks on the planet. G.O.T. FRIES® is a completely unique crinkle-cut french fry style snack that's available in three wild flavors. California Cheese Puffs® is a lightly baked puff made with real California cheese (the best there is). And Just Popped® is gourmet kettle corn at its best. Products include:

 

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Industry Drivers

Organics is the fastest growing sector in the North American food industry. There are several factors driving the trend towards consumption of organic food. They go beyond the stereotypical ones of environmentalism and a holistic lifestyle to include the increased interest in healthy eating, indulging in food experimentation, increased interest in food traceabilility, aversion to pesticides, antibiotics and other chemicals, an overall return to basics, and the 2003 introduction of the National Organic Program in the US.

A March 2003 US ACNielson survey in Gourmet Retailer magazine asked for "the reasons consumers purchase organic products". Answers were as follows:

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Marketing and Sales Strategy

IFPG has evolved into an international importer and US representative for domestic and international select food products. The continuous consumer shift towards a healthier and more wholesome alternative, has consolidated IFPG's niche position in the organic, frozen and dried fine fruits, and specialty beverages.
 

The market for premium coffee is growing dramatically with coffee being the fifth most widely traded commodity in the world. The margins available in the premium coffee industry, along with increased sophistication in tastes, has generated a demand for a high value product that offers consumers a superior quality coffee at reasonable price points. The benefits of the Juan Valdez® logo, which is licensed to be used on their whole bean and ground roast coffee, is a significant endorsement for the Golden Choice Food® coffee line, as research indicates that the vast majority of coffee drinkers recognize and associate the logo with superior quality and taste.
 

Management has made a concerted effort to acquire new products and refresh the company's marketing strategies that will greatly expand the lines that IFPG offers. These decisions have positioned them in several of the major retail categories - coffee, as well as frozen vegetables and frozen fruits, both organic and non-organic.
 

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Recent News and Press Releases

Rothman's Winning Strategies on Sunday's Business of Success Radio Show (May 5, 2006)

International Food Products Group/Colombian Coffee Federation Sign New Licensing Agreement (May 3, 2006)

International Food Products Group Engages Major Club Store Agents (May 1, 2006)

International Food Products Group Announce IFDG Stock Buy Back Program (April 24, 2006)

International Food Products Group Forms Strategic Alliance With Largest Fresh Juice Processor in the Western United States (March 28, 2006)

IFPG and Silverado Corporation K.K. Ltd. Reach a $5 Million Sales, Marketing and Distribution Agreement (March 21, 2006)

IFPG to Introduce Line of Organic Raisins (March 14, 2006)

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Management Team

One of the company's strongest assets is its management team, whose domestic and international expertise is in gauging new trends and meeting consumer needs by aggressively sourcing, packaging, distributing, and marketing high-demand consumable food products.
 

The company recently announced the appointment of Ketan Mehta as President of IFPG. Mr. Mehta, has successfully managed over $750 million in revenue transactions within the food industry over the past decade. He will oversee the expansion of the company's strategic acquisitions, new product development, and retail distribution programs.
 

Key Team Members

· Richard Damion , Chairman, Chief Executive Officer

· Ketan Mehta , President

· Joseph R. Rodriguez Jr., Chief Financial Officer, Principal Accounting Officer
 

 

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Contacts

Headquarters

170 Newport Center Drive, Suite 260
Newport Beach,California
92660

Phone: 949-759-7775
Fax: 949-759-5490
Email: info@goldenchoice.com

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FORWARD LOOKING STATEMENTS

This report includes forward-looking statements that reflect International Food Products Group, Inc. current expectations about its future results, performance, prospects and opportunities. International Food Products Group, Inc. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause International Food Products Group, Inc.'s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.

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