Lifeway Foods Named 53rd Best Small Company By Forbes

MORTON GROVE, Ill., Oct. 22 /PRNewswire-FirstCall/ — Lifeway Foods, Inc., , makers of a nutritious, probiotic dairy beverage called kefir, was named 53rd Best Small Company in 2007 as ranked by Forbes, up from 127th in 2006.

Julie Smolyansky, President and CEO commented, “We are extremely pleased to have been recognized by Forbes to this list of the best small companies in 2007. We are also happy to move up from 127th in 2006 to 53rd in 2007. To be named to this list is a clear sign that our efforts to make Kefir a mainstay in the homes of health conscious consumers are well on its way.”

About Lifeway Foods

Lifeway, recently named Fortune Small Business’ 97th Fastest Growing Small Business, and one of only 4 companies to ever be named to the list four straight years in a row, is America’s leading supplier of the cultured dairy product known as kefir, and now America’s only supplier of Organic Kefir. Lifeway Kefir is a dairy beverage that contains Lifeway’s exclusive 10 Live and Active probiotic cultures. While most regular yogurt only contains two or three of these “friendly” cultures, Lifeway kefir products offer more nutritional benefits. Lifeway offers 12 different flavors of its Kefir beverage, Organic Kefir and SoyTreat (a soy based kefir). Lifeway recently introduced a series of innovative new products such as pomegranate kefir, Greek-style kefir, a children’s line of organic kefir products called ProBugs (TM) in a no-spill pouch in kid-friendly flavors like Orange Creamy Crawler and Sublime Slime Lime, and a line of organic whole milk kefir. Lifeway also produces a line of products marketed in US Hispanic communities, called La Fruta, Drinkable Yogurt (yogurt drinks distinct from kefir). In addition to its line of Kefir products, the company produces a variety of cheese products and recently introduced a line of organic pudding called It’s Pudding!.

For more information, contact Julie Smolyansky at Lifeway Foods, Inc. at (847) 967-1010 or e-mail at info@lifeway.net and visit http://www.lifeway.net/.

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.

Lifeway Foods, Inc.

CONTACT: Julie Smolyansky of Lifeway Foods, Inc., +1-847-967-1010,info@lifeway.net

Web site: http://www.lifeway.net/