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Synergy Brands Sells Its Proprietary and Private Label Products to Major National Chain Stores

Posted on: Monday, 25 August 2008, 09:01 CDT

Synergy Brands, Inc. (NASDAQ:SYBR)

-- Presently reaches over 25,000 store locations in the U.S. and Canada.

-- Company brands are becoming category leaders in major chain stores.

-- Establishes footholds in Baking, Spices, Pasta Salads, Mashed Potatoes, Stuffing and packaged meals categories.

-- Rolls out new products at PLMA.

Synergy Brands through its wholly owned subsidiaries, PHS Group and Quality Food Brands has been successful in selling, marketing and merchandising its proprietary product to major national chains which include, National Dollar Stores chains, mass Discounters, Chain Drug stores and supermarket chains. The Company believes that its products are now sold at over 25,000 store locations throughout the United States and Canada. The products include Company owned or licensed labels such as "Loretta", "County Fare", "Country Value", "Gourmet Select","Palm Spices", "Rich & Moist" and "Selecion Merite". In addition, the Company produces a variety of private label baking mix products and spices under trademarks, which are owned by national chains throughout the United States and hopes to penetrate the Canadian market as well.

Synergy believes that the expansion of its manufacturing and co-packing operations should build franchise values for the Company brands, and its existing footholds are attracting customers that are utilizing the Company's expanding capacity in Michigan. The Company plans to roll out additional lines to capture supermarket chains and wholesale clubs in the United States and Canada as well as licensed International Markets in the PLMA show in Chicago later this year.

Synergy Brands Related Links:

More information about the Company's products and programs as well as investor information on the following websites: www.sybr.com, www.phsgroup.com, www.perx.com.

Forward-looking statements:

This press release and Company review and assumptions made regarding the financial figures and other information, referenced and presented, state and reflect assumptions, expectations, projections, intentions and/or beliefs about past and future events that are intended as "forward-looking statements" under the Private Securities Litigation Reform Act of 1994. You can identify these statements by the fact that they do not relate to historical or current facts. They use words such as "anticipate", "estimate", "project", "forecast", "may", "will", "should", "expect", "assume", "believe" and other derivations thereof and other words of similar meaning. In particular these include, but are not limited to, statements reflecting the projected business activities and goals, revenues, earnings, non-GAAP measures of operations, profit and loss of the Company and associated costs. Any or all of the Company's forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks or uncertainties. GAAP compliant figures are presented herein to compare to and use in arriving at an understanding of how the cash flow numbers presented have been determined. For a description of many of these risks and uncertainties, please refer to the Company's filings with the U.S. Securities & Exchange Commission (ww.sec.gov) including Forms 10K and 10Q that can be found at www.sybr.com.

Source: Business Wire

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