Italian Food & Beverage Corp. Announces Strategic Partner

PLAINVIEW, NY / ACCESSWIRE / July 17, 2023 / Italian Food & Beverage Corp. (OTC PINK:IFBC)

IFBC is now an approved vendor for Ferraro Foods, one of the country's largest specialty distributors of food and foodservice supplies to Italian restaurants and pizzerias in the eastern U.S.

Ferraro Foods serves over 8,000 customers in 26 states. Recently they have announced a major expansion of its Long Island distribution business with the addition of a 230,000-square-foot warehouse, this distribution center is expected to increase capacity in the largest specialty Italian foods market.

IFBC is currently coordinating efforts with the Ferraro Foods New York distribution center in Melville, the mutual goal is to collaborate with each respective sales team to expand both companies' reach to new clients while introducing the Dino Luzzi energy drink regular and sugar free to the existing ones.

The Dino Luzzi Energy Drink is the only energy drink made in Italy currently in the Ferraro Foods line, and is now distributed in the State of New York and its boroughs by Ferraro Foods.

It should be a perfect fit to bolster the company's brand.

Dino Luzzi, CEO commented, "We are excited that Ferraro Foods is adding our brand to their clients. This purchase order shows their trust in our product line. We are working with their sales team to increase sales while continuing marketing the product and, we will continue to do what is needed to increase shareholder value, looking forward to updating shareholders in the next few months."

Forward Looking Statements This release contains "forward-looking statements" and information provided by Italian Food & Beverage Corp. such as online, printed documents, publications or information available via its website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause the Company's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. There can be no assurance that the negotiations being considered by the letter of intent will be completed.

Contact info:
Dino Luzzi
CEO
info@ifbcorp.com

SOURCE: Italian Food and Beverage Corp