RED BANK, N.J., May 13, 2011 /PRNewswire/ -- Cono Italiano, Inc. (OTCBB: CNOZ), the exclusive license holder of the North American Distribution and Manufacturing rights for "Pizza Cono," a cone-shaped "on-the-go" pizza food product, today announces it will soon offer the Pizza Cono as a microwavable product, in addition to its existing variations.
Cono Italiano, Inc. and their licensor Spuntibreak.s.r.l, Pizza hands, inventor of Pizza Cono in Milan, Italy, will be offering an individual cone available in six flavors that can be easily prepared in a new microwaveable box. Cono Italiano, Inc. and RJM Foods, a food distributor for Cono Italiano, Inc., will be importing the product to sell in the U.S. to convenience stores and supermarkets.
"The ability to offer an individual cone in a microwave box will afford Cono Italiano, Inc. the opportunity to introduce the product to movie theatres, stadiums and arenas, and other venues with high traffic where food is sold in high volume," stated CEO Mitchell Brown. "We have been in contact and had discussions with some of the largest food franchises in the U.S. who are interested in incorporating Pizza Cono on their everyday menu. It is anticipated that this product will be instrumental in the growth of the company and generate significant revenue in 2011."
About RJM Food
Our mission is to make the product that we represent unique. Companies that are part of our selected team know that we have the ability to sell their products everywhere, thanks to our established network of distributors and services. To import products is not our main goal; we want to promote quality and uniqueness that only Italy can provide. For more information, please visit: www.rjm-food.com.
About Cono Italiano, Inc.
Cono Italiano, Inc., featured on Unwrapped on the Food Network, owns the North American distribution and manufacturing rights for Pizza Cono. This one-the-go food product 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. Sales of frozen pizza in 2009 were $4.4 billion making it one of the fastest growing categories in supermarkets and convenience stores. For more information please visit www.conoitaliano.com.
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.
Cono Italiano, Inc.
Mitchell Brown CEO
SOURCE Cono Italiano, Inc.