Message #34 From:
StockProfit.com Date: January 28, 2008 09:16:18 AM
(COMTEX) B: US Farms, Inc. Announces Record Sales for 2007 ( Market Wire )
SAN DIEGO, CA, Jan 28, 2008 US Farms, Inc. (OTCBB: USFI) today announced record consolidated sales (unaudited) of $9,476,160 for the year ended December 31, 2007 with fourth quarter revenues totaling $2,673,396 primarily from bulk Tomato and Garlic operations.
Yan K. Skwara, President of US Farms, Inc., stated, "In 2007, we achieved our goals for top line revenue growth though the acquisition of strategic industry personnel and internal growth. Product sales expanded in all categories including Tomatoes, Asparagus, Garlic, Aloe Vera and Nursery products. In 2008, US Farms, Inc. will continue to execute on its growth strategies and to diversify its agricultural product offerings. Our Management Team is confident that our goals of growing the company organically and obtaining Investment capital for acquisitions and future growth will continue to enhance the US Farms brand and position the Company for profitability in the near future."
US Farms, Inc. is a diversified commercial Farming and Nursery company. The company grows, markets and distributes horticultural products through a number of subsidiaries. The horticultural products are sold through supermarkets, home centers, retail merchandisers, garden centers, re-wholesalers, and landscapers throughout the United States and Canada. Through internal growth and strategic acquisitions the company is expanding its market share in its nursery and specialty produce businesses. Currently the company has subsidiaries which provide a full range of products including Aloe Vera, Cactus, Succulents, Jade, Rare and Exotic Palm Trees and Cycads along with produce products that include Aloe Vera, Asparagus, Tomatoes and Garlic.
For more information on US Farms, Inc., please visit http://www.usfarmsinc.com. US Farms, Inc. is publicly traded on the over-the-counter market under the ticker symbol USFI.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, our inability to acquire and or build an ethanol production facility, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in US Farms, Inc.'s filings with the Securities and Exchange Commission. These risks could cause US Farms, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, US Farms, Inc. Contact: US Farms, Inc. Tel: 800-845-9133 or 858-488-7775 Fax: 858-488-2828
SOURCE: US Farms, Inc. Copyright 2008 Market Wire, All rights reserved. *** end of story ***
