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CEO of Natural Harmony Foods Presents Updated Guidance for 2006

Posted on: Wednesday, 26 April 2006, 09:01 CDT

Sam Dewar, CEO and founder of Natural Harmony Foods, Inc. (OTC: NHYF), a producer and marketer of unique, natural protein foods, presented updated guidance for 2006 at the company's annual shareholders meeting this month.

In a statement to the company's shareholders and board of directors, Dewar reported several key corporate objectives for the remainder of the 2006 fiscal year. These include the launch of an active investor relations initiative to enhance shareholder value and increase investor awareness, as well as the procurement of additional capital for future product line enhancements and expansion into additional grocery chains.

Central to these efforts, Dewar noted that Natural Harmony Foods reported financials on a quarterly basis, and in a timely fashion, throughout 2005 and is taking steps to become a fully reporting company over the next 12 months. Additionally, Dewar reported that the company will seek potential acquisition candidates in the natural and organic foods space as its stock price and volume improve.

Dewar also emphasized Natural Harmony Foods' intent to retain a leading advertising agency and public relations firm to generate consumer brand awareness for the company's SoyLean(R) brand and facilitate new product introductions over the coming months.

"Only SoyLean(R) blends the taste and texture of lean meat with heart-healthy soy protein, catering to a growing demand for heart healthy foods that are also flavorful and convenient," said Dewar. "Our company's ongoing work with our partner Solae and our co-packer will result in the development of eight to ten additional healthy protein products, which we believe will create considerable value for our shareholders, over the remainder of 2006. We have every confidence that we will meet our new goals for this year."

According to recent diet survey conducted by market research firm The NPD Group, 78.3 percent of American adults want to reduce the amount of fat in their diets. Natural Harmony Foods' SoyLean(R) brand products combine the taste and nutrition of real, natural meat -- raised without growth-promoting hormones and fed an all-vegetable diet -- with heart-healthy soy protein. SoyLean(R) products offer 75 percent less fat and saturated fat than regular ground beef with fewer calories and cholesterol, and since meat is the first ingredient, they deliver a meaty taste and texture absent in today's soy-based foods.

Natural Harmony Foods' SoyLean(R) Flame-Broiled Beef Patties are currently available in the meat department freezer cases at all of the more than 850 Publix supermarket locations across Florida, Georgia, Alabama, South Carolina and Tennessee, with additional SoyLean(R) products expected to be added to the Publix lineup in the near future.

About Natural Harmony Foods

Natural Harmony Foods, Inc. (OTC: NHYF) is an innovative food company dedicated to producing healthy, flavorful, convenient foods that fit the lifestyles of individuals looking to make better, health conscious diet choices without sacrificing taste. For more information about Natural Harmony Foods, SoyLean(R) products, and helpful Internet links, please visit www.naturalharmonyfoods.com. NHYF Shareholders are encouraged to search "NHYF" on www.pinksheets.com for current financial information on the company.

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Natural Harmony Foods disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Important risk factors -- including but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new products and markets for these, the time and expense involved in such development activities, the level of demand and market acceptance for our products, and changes in our business strategies -- could cause actual results to differ from those contained in forward-looking statements.

 Investor Contact: Jesus Rodriguez 305.776.4535  

SOURCE: Natural Harmony Foods, Inc.


Source: MARKET WIRE

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