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Market Pulse Breaking News Alert for Monday, April 24, 2006: IFDG - International Food Products Group Announces Stock Buy Back Program!

Posted on: Monday, 24 April 2006, 09:01 CDT

Market Pulse News Alert for this AM, Stocks to Watch are: International Food Products Group, Inc. (OTC BB: IFDG), Google Inc. (NASDAQ: GOOG), Sierra Wireless Inc. (NASDAQ: SWIR) and Corning Inc. (NYSE: GLW).

Investors need to be watching International Food Products Group, Inc. (OTC BB: IFDG) this AM! IFDG is a diversified enterprise specializing in developing and marketing high-quality, affordable food products. IFDG is the manufacturer and marketer of a variety of food products under the Golden Choice Foods(R) brand including: Got Fries(R), AW Shucks(TM), Just Popped(TM), Golden Choice 100% Colombian Roasted Coffee, Golden Choice Organic Harvest Frozen Vegetables and other fine domestic and imported food products. IFDG sells its products through a broker/distributor network. Golden Choice Foods(R) brand of 100% Colombian Supremo Whole Bean Coffee is now available at one of the world's largest retailers. IFDG is constantly investing in the development of new products and more efficient systems to meet the changing tastes of consumers. The company's primary goal is to establish IFDG as a company with a solid revenue stream. The market for premium coffee is already huge and growing dramatically! IFDG has had several excellent news announcements out lately and one again before today's opening bell announcing a stock buy back program! Commenting on the initiative Chairman/CEO Richard Damion stated, "Our decision to buy back shares of IFPG stock is an expression of our confidence in the long term direction of the company." Investors should be watching this one closely!

International Food Products Group, Inc. (OTC BB: IFDG) Chairman/CEO Mr. Richard Damion today announced that the Board of Directors has authorized a program to repurchase an undisclosed number of shares of the company's outstanding stock. The company will buy back shares through both public and private channels at prices believed to be appropriate and in the best interest of shareholders. The timing of the buy back and the exact number of shares purchased will depend on market conditions.

Commenting on the initiative Mr. Damion stated, "Our decision to buy back shares of IFPG stock is an expression of our confidence in the long term direction of the company. With the recent addition of our Golden Choice Foods(R) Organic Harvest(TM) and Supreme Harvest(TM) lines of Freshly Squeezed Pure Fruit Juices, and the continued sales growth of our Golden Choice Foods(R) 100% Whole Bean Colombian Coffee in club stores nationwide, the company is in an extremely positive position, and set to achieve strong and sustainable growth for the future. We believe that our share price is undervalued relative to the long-term prospects for the company. It now makes sense for us to initiate a buy back program that allows us to realize a more realistic market value for the company and its shareholders."

About International Food Products Group, Inc: IFPG is a public company trading on the OTCBB with the ticker symbol "IFDG." The Corporate Offices are at 170 Newport Center Drive, Newport Beach, CA 92660. www.goldenchoice.com. IFPG is the manufacturer and marketer of a variety of food products including; Golden Choice 100% Colombian Roasted Coffees, Golden Choice Organic Harvest(TM) and Supreme Harvest(TM) lines of Frozen Fruits and Vegetables, and 100% Fresh Squeezed Pure Fruit Juices. Other products include; "Got Fries(R)," Just Popped(TM), and other fine domestic and imported food products.

Stocks in the news and acting well as of late include: Google Inc. (NASDAQ: GOOG), Sierra Wireless Inc. (NASDAQ: SWIR) and Corning Inc. (NYSE: GLW).

Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.

MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.

You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: International Food Products Group, Inc. compensation from a third party shareholder: one million free trading shares of stock in International Food Products Group, Inc., already delivered from a third party shareholder. To date, MP has sold three hundred thousand shares of stock in International Food Products Group, Inc. for proceeds totaling fourteen thousand and eight hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market-Pulse.com and Market Pulse Breaking News Alert are owned by Market Pulse LLC.

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SOURCE: Market Pulse

Source: MARKET WIRE

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