Lifeway Foods to Announce Fiscal Year 2009 Financial Results on March 31, 2010

MORTON GROVE, Ill., March 29 /PRNewswire-FirstCall/ -- Lifeway Foods, Inc., (Nasdaq: LWAY), makers of a nutritious, probiotic dairy beverage called Kefir, announced today that it will host a conference call and webcast on Wednesday, March 31, 2010 at 5:30 p.m. EDT to review the fourth quarter and fiscal year 2009 financial results and other ongoing business updates.  Participating on the call will be Julie Smolyansky, President and CEO and Edward Smolyansky, Chief Financial and Operating Officer.  A press release with the fiscal 2009 financial results will be issued shortly after the market closes on March 31, 2010.  

The conference call can be accessed live over the phone by dialing 1-888-440-6820 and enter the pin 99358662 followed by the #.  The call will be supplemented with a visual presentation which can be accessed at https://www1.gotomeeting.com/register/259563345 .  

For more information, visit www.kefir.com; email [email protected], or call 877-281-3874.  

About Lifeway Foods

Lifeway Foods, Inc., recently named one of Fortune Small Business' Fastest Growing Companies for the 4th consecutive year, is America's leading supplier of the cultured dairy product known as Kefir, and America's sole supplier of Organic Kefir.  Lifeway Kefir is a dairy beverage that contains 10 exclusive live and active probiotic cultures. While most regular yogurt contains only two or three of these "friendly" cultures, Lifeway Kefir products offer even more nutritional benefits.  Lifeway produces 12 different flavors of its drinkable Kefir and Organic Kefir beverage, and recently introduced a series of innovative new products such as a children's line of Organic Kefir products called ProBugs (TM) with a no-spill pouch and kid-friendly flavors like Orange Creamy Crawler, Goo Berry Pie, and Sublime Slime Lime. In addition to its line of Kefir products, the company produces a variety of probiotic cheese products, and a line of products marketed in US Hispanic communities called La Fruta Drinkable Yogurt (yogurt drinks distinct from Kefir).

This news release contains forward-looking statements. Investors are cautioned that actual results may differ materially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, competitive pressures and other important factors detailed in the Company's reports filed with the Securities and Exchange Commission.

SOURCE Lifeway Foods, Inc.