Tuesday, June 16, 2009

Worldwide Food Services (EREI) Enters Negotiations for Food Kits


Issue# 1391


June 16, 2009


Worldwide Food Services (EREI) Enters Negotiations for Food Kits

BORDENTOWN, NJ -- (MARKET WIRE) -- 06/16/09 -- WORLDWIDE FOOD SERVICES, INC. (Worldwide Food Services) (PINKSHEETS: EREI) is negotiating with one of the largest suppliers of food products to the Military . The negotiations involve the Emergency Food Kits that were approved by the Department of Defense and FEMA .

For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127 and/or www.wwfoodservices.com .

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

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CONTACT: WORLDWIDE FOOD SERVICES, INC. Rich Kaiser Yes International 800-631-8127 

Eagle Rock Enterprises / WORLDWIDE FOOD SERV, INC
Stock Symbol :: EREI
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Eagle Rock Enterprises / WORLDWIDE FOOD SERV, INC (EREI) Worldwide Food Services, Inc. has established an international marketing and distribution system for food, beverage and vending products in the global economy with a focus on the US Government sector.
Recent Price $.012
Market Capitalization $1.13M
Est Float 23.4 M
Outstanding Shares 94.5M
Exchange OTC.PK

Worldwide Food Services, Inc.

272 Dunsmill Road
#211
Bordentown, NJ 08505


Phone: 702-460-1577
Fax:
http://www.wwfoodservices.com
Company Highlights

Worldwide Food Services, Inc. will use resources provided by the Government to educate, train, and support veterans and visually handicapped individuals and groups to facilitate their multiple divisions including the primary vending operations.

The company’s goal is to generate revenues from these multi-billion dollar programs, to train and hire (place) veterans and blind persons, and to support their organizations and families through rebates, sponsorships and profits from their own businesses.

Similar companies in Sector

· The Inventure Group, Inc. is a marketer and manufacturer of natural and indulgent specialty food brands. The Company operates in three segments: manufactured snack products, berry products and distributed products. The manufactured products segment produces potato chips, potato crisps and potato skins for sale primarily to snack food distributors and retailers. NASD: SNAK Market Cap $46M

· Family Dollar Stores, Inc. operates a chain of more than 6,500 general merchandise retail discount stores in 44 states, providing consumers with a selection of merchandise in neighborhood stores. The Company’s merchandise assortment includes consumables, home products, apparel and accessories, and seasonal and electronics. NYSE:FDO Recent Price: $32.19

· 99 Cents Only Stores is a retailer of consumable general merchandise. It operates through two segments: retail operations and wholesale distribution. NYSE:NDN Retail Price: $10.06



Current Projects

Worldwide Food Services, Inc. (EREI) Completes Acquisition

Worldwide Food Services recently announced that the Company has completed its acquisition of Mini Dollar Stores, Inc. Mini Dollar Stores specializes in offering 200 fast-moving items to supply the National Blind Enterprises Co-op and Veterans hospital facilities and gift shops. Mini Dollar Stores has agreed to place the YELLOW RIBBON on twenty of its products. They will now offer their customers incremental sales and profits while at the same time offering consumers the proven value of dollar store merchandise.

Worldwide Food Services, Inc. Obtains Rights to Veterans' "YELLOW RIBBON"

Earlier this year Worldwide Foods, Inc. obtained the rights to use the Veterans' "YELLOW RIBBON" with the SUPPORT OUR TROOPS inscription. The Company will market its Veterans-labeled products through Veterans Canteen Service, which operates cafeterias and retail stores in Veteran Administration (VA) hospitals , as well as in PXs and commissaries on military bases. Additionally, the Company will market the Veterans' products through its National Blind Enterprises Co-op cafeterias and vending machines as well as private-sector supermarkets and convenience stores throughout the United States.



Company Overview

Worldwide Food Services, Inc. (OTC.PK: EREI)

Worldwide Food Services, Inc. will use resources provided by the Government to educate, train, and support veterans and visually handicapped individuals and groups. These programs provide an income stream from food and beverage programs in post offices, courthouses, penitentiaries, and VA hospital facilities, as well as from subsidized rent and equipment for the vending and cafeteria businesses. Previously, comprehensive national sales and purchasing plans to make use of these government programs for these groups did not exist.

Worldwide Food Services, Inc. solved this problem by purchasing a Service Disabled Veteran Owned Business (SDVOB), Eagle View LLC, a base from which to coordinate governmental programs. The Company has also purchased the National Blind Enterprises Co-op, Inc. and the National Blind Brokers Co-op, Inc., which further solidifies WWFS’ position with federal and state officials. The potential for the Company to capitalize on available federal and state supported programs and resources for these groups (funded in part by the federal government) will allow WWFS’ revenues to multiply over the next 10 years.

The company’s goal is to generate revenues from these multi-billion dollar programs, to train and hire (place) veterans and blind persons, and to support their organizations and families through rebates, sponsorships and profits from their own businesses. WWFS will introduce blind and veteran groups and individuals to appropriate government officials and encourage the governmental departments to buy from the very people they aim to serve and support. Through these objectives, the premise behind Worldwide Food Services is to “Buy from Your Own.”

National Blind Enterprises Co-op

Worldwide Food Services, Inc. acquired the National Blind Enterprises Co-op, Inc. to provide competitive pricing and efficient distribution to the 3400+ visually impaired vendors in the United States. Prior to July of 2008, each blind vendor acted as an independent retail entity, with little or no leverage with manufacturers or distributors to obtain beneficial pricing. This situation came about because the federal and state governments, under the 1963 Randolph-Sheppard Act (a Federal law which mandates a priority to visually-impaired persons to operate vending and food service facilities in governmental buildings and on public property) provides the vending machines and the facilities rent free but provides no assistance with purchasing.

For the past 15 years, blind groups operating under the Randolph-Sheppard Act could not consolidate their members under a uniform purchasing program due to political in-fighting between the groups. The National Blind Enterprises Co-op was one of the last groups trying to consolidate a purchasing program and when they joined with Worldwide Food Services , the consolidation became complete due to Worldwide’s relationships with the major vending and food service manufacturers as well as the largest vending and food service distributors. The fact that Worldwide did not have a political agenda and was not under the Randolph-Sheppard umbrella, the blind vendors were very receptive to the Company’s pricing, rebate structure, and customer service initiatives. For the first time, and individual blind vendor had the support of a national purchasing power and had a company to help them resolve problems and address new opportunities.

The co-op serves additional functions for blind vendors, including:

  • Training in vending and food service operations
  • Creation of jobs via expansion of existing facilities
  • Monitor progress of new and current business operators

The Worldwide Food Services’ rebate program provides revenues for the Company and additional income for the blind merchants. Both revenues and profits will increase given the potential for adding new blind vendors, major cafeteria facilities including prisons, military bases and postal distribution centers, and additional services such as “Grab-n-Go’s”. The integration of the National Blind Brokers Co-op with its own product line will also create revenue and profit growth as new items are placed in the Co-op’s food and beverage pipeline. These new items include the Veteran’s Yellow Ribbon labeled merchandise, the Mini Dollar Store vending machines, and the retail merchandising associated with them.

Yellow Ribbon

Worldwide Foods has obtained the rights to use the Veteran’s Yellow Ribbon with the SUPPORT OUR TROOPS inscription. The Company willmarket its Veterans-labeled products through Veteran Canteen Service, which operates cafeterias and retail stores in Veteran Administration (VA) hospitals, as well as PXs and commissaries on military bases. Additionally the company will market the Veteran’s products through its National Blind Enterprises Co-op cafeterias, and vending machines as well as private-sector supermarkets and convenience stores throughout the United States.

Mini Dollar Stores

For the past year, Worldwide Food Services, Inc. has been laying the foundation for its Mini Dollar Store program. A comprehensive plan is now in place to offer our customers, including the National Blind Enterprises Co-op and their thousands of locations and the Veteran’s Administration with over 500 hospitals and medical centers, incremental sales and profits while at the same time offering consumers the proven value of Dollar Store merchandise.

Many details had to fall in place to create the uniqueness and brand image the Mini Dollar Stores required, including the development of special vending machines and the integration of distributors, suppliers, and vending operators. In addition to a turnkey, national umbrella strategy, 400 of the top dollar store items representing over 70% of total dollar store revenue have been selected.

Once this was accomplished, attention was directed to thousands of potential new outlets and was, in addition to their National Blind Enterprises Co-op and the Veterans Administration base, focused on the following:

  • Schools
  • Nursing homes
  • Airports
  • Hospitals
  • Corporate buildings
  • Convenience stores

The Mini Dollar Store line of products in the vending machines are localized to reflect school preferences for both food and non-food items. The same rationale applies to airports, supermarkets, corporations, post offices, penitentiaries, convenience stores and hospitals.

The expansion potential to other markets such as religious institutions (fund raisers), mobile canteens, and strip malls provides unlimited audiences for their products in a non-vending environment. By achieving national brand status, the Mini Dollar Store’s volume purchasing, manufacturer’s rebates, and machine royalties from vending operators creates a significant revenue stream.

The Dollar Store industry is a multi-billion dollar revenue producer. Representing a new and captive audience created by schools, airports, and hospitals, our Mini Dollar Storea respectable market share. Delivering high demand, value products through current distribution channels will ensure the Mini Dollar Store subsidiary is a major contributor to the success of Worldwide Food Services.

Leadership

Anthony Najjar, COO

James McShane, President, Dir.

Dean Martin, Dir.



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IGSM Announced Its Intention to Offer a Full Product Suite of Distance Learning and Customer Interaction Services

Issue# 1393


June 16, 2009


IGSM Announced Its Intention to Offer a Full Product Suite of Distance Learning and Customer Interaction Services

FT. LAUDERDALE, FL -- (MARKET WIRE) -- 06/16/09 -- IGSM GROUP INC. (PINKSHEETS: IGSM ) as part of its move into digital services, today announced its intention to offer a full product suite of Distance Learning Products. These products will provide a single provider solution for distance learning, corporate training and motivational training, etc. IGSM plans on providing the architecture to deliver webinars, conference services.

"This suite of interactive products will compliment IGSM's entry into the digital media arena, and will work hand in hand creating additional revenue opportunities by cross selling advertising and digital offers from products described on Television Shows and by Advertisers," said H. Francis Fytton, CEO of IGSM . "Advertisers sell products and Services, and many of them are looking at ways to bridge Television Advertising and customer interaction, that is where IGSM comes in. Our tools can provide that link based on the use-what-you-need model. This is also called Software As A Service or SAAS, and is how industry leaders view the future of the software services business heading."

The meeting tools will offer advance features, such as archival access, which will give participants who have missed the meeting an opportunity to watch or listen at a later time. The meeting invitations can be sent via email which will use a single link to join the meeting. Not only will it streamline the process for the presenters and participants, it will provide a low cost solution to communicate with multiple persons in multiple locations. These tools also can be used to integrate collaboration between viewers, adding interactivity from existing television shows from any source.

ABOUT IGSM GROUP INC.

IGSM GROUP INC. is based in Florida and operates two divisions that provide Digital Services to business. It recently announced that the company intends to enter the Digital Television business.

FORWARD-LOOKING STATEMENT

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of IGSM Group Inc. , and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include, but are not limited to, fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise any forward-looking statement.

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Contact: Investor Relations IGSM Group Inc. Email Contact www.igsmgroup.com 

IGSM GROUP, INC.
Stock Symbol :: IGSM
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IGSM GROUP, INC. (IGSM) IGSM Group, Inc. is focused on providing outsourced digital services to businesses of all sizes.
Recent Price $.17
Market Capitalization $4.25M
Est Float N/a
Outstanding Shares 250M
Exchange OTC.PK

IGSM Group, Inc.

2805 E. Oakland Park Blvd.
#363
Ft. Lauderdale, FL 33306


Phone: 561-210-7553
Fax:
http://www.igsmgroup.com
Company Highlights

IGSM Group Inc. is focused on providing outsourced digital services to businesses of all sizes.

These services are targeted towards users of Digital Television Programming and Distance Learning.

Similar Companies in Sector

· ACME Communications, Inc. owns and operates six broadcast television stations (Continuing Stations) in five medium-sized markets across the United States, which includes a duopoly in the Albuquerque-Santa Fe marketplace. Five of these stations are network affiliates of The CW Television Network and one station is a network affiliate of MyNetworkTV. The Company's stations broadcast in markets that cover, in the aggregate, approximately 2.2% of the total United States television households. (OTCBB:ACME) Recent Price $.20

· Sinclair Broadcast Group, Inc. is a diversified television broadcasting company that owns or provides certain programming, operating or sales services to more television stations than other commercial broadcasting groups in the United States. The Company currently owns, provides programming and operating services pursuant to local marketing agreements (LMAs) or provides sales services pursuant to outsourcing agreements to 58 television stations in 35 markets.(NASD:SBGI) Recent Price $2.02



Current Projects

IGSM Begins Its Campaign to Coincide With the Digital Television Transition and the Addition of New Broadcast Channels

IGSM has announced its sales campaign has been kicked off to coincide with the mass changes in television programming late next week. The nation will now be subjected to hundreds and possibly thousands of new television stations as part of the move to Digital Television. IGSM and its massive library of quality programs will be offered to these new stations to fill their need for non-stop programming. IGSM Intends to provide programming for these new digital sub channels in a variety of languages .

IGSM Focuses on Digital Television Transition

IGSM Group Inc. intends to focus on the upcoming Digital Television Transition as part of its entry into the Digital Service business. Existing analog broadcast stations will have to change to digital signals commencing June 12. Many of these stations will take advantage of new technology allowing them to add additional digital channels carried by one single signal. These new channels, often called digital sub channels, can carry completely different programming than the main channel, according to the Federal Communications Commission website. Typically stations will add as many as four new digital sub channels.



Company Overview

IGSM Group, Inc. (OTC.PK: IGSM)

IGSM Group Inc. is focused on providing outsourced digital services to businesses of all sizes. These services are targeted towards users of Digital Television Programming and Distance Learning. Many of these users require content creation and content delivery solutions.

IGSM intends to position itself as a leading supplier of Digital Television Programming commencing with the June 12th Digital Television Transition in the US. This is the commencement of the DTV transition which, according to the Federal Communications Commission, will take up to 18 months for full implementation

IGSM also announced the aquisition of a Television Library as part of it's strategic planning. The assortment of hundreds of finished programs offered by IGSM gives stations a choice from how-to programming, to biographies, travel, vacation homes, self-improvement, sports and touching stories.

Distance Learning uses many of the same components as DTV. These are content creation, editing, delivery and indexing. IGSM is well positioned to take advantage of opportunities in this rapidly expanding market.

IGSM Group Inc. is based in Florida and operates two divisions. Both are focused on providing outsourced Digital Services to business of all sizes. It recently announced that the company intends to enter the Digital Service business.

E-Learning Products

1. - Stay Educated to Remain Competative
Your employees need to learn new technologies, startegies and ways to do business in an increasingly competative marketplace.
- Educated employees increase productivity

- Improve Customer Confidence

- Employee Retention Improved

- Marketing Your Products through Webinars

Distance Learning, Customer Communication and Employee Education are all reasons why IGSM is at the forefront of these new technologies.

2. - Distance Learning Solutions from IGSM
IGSM provides Distance Learning Solutions for all budgets, whether you need a one time TeleSeminar or a Scheduled Webinar Solution, we have a product for your budget.
- Planning

- Key personal training

- presentation design

- Implementation

These are all handled under one roof. No need to have separate contracts with multiple companies, we will handle as much or as little of the entire training process as you desire.

3. - Significant Cost Savings
Good budgeting is the name of the game right now. Webinars can help in many ways:

- Reduced Travel Costs
- Train on your time frame
- More personal can attend
- Multiple languages
- Easier scheduling

What do you really need to succeed? A strong product and positive interactions with your customers. What can you do without? Expensive trips and padded expenses.

Replace expensive "business" trips with cost-effective online meetings.

Television Library

The country’s switchover from analog to digital broadcast signals brings with it a need for stations to program the digital subchannels created in the bandwidth space formerly occupied by their analog signals.

Fortunately for stations, there are a lot of choices on the programming menu.

Many stations have already opted for weather reports, movies and classic television shows to occupy the additional programming real estate created with digital subchannels, which take up much less space than analog channels. Some station groups already are carrying fresh content on their digital tiers.

Stations aren’t required to program their subchannels, however. Some, like the CBS-owned group, have not yet decided what to air on the digital subchannels. Others, such as the Sinclair Broadcast Group, have launched channels in only a few markets.

Digital subchannels offer stations the opportunity to wring additional revenue from existing assets. Given the slumping economy, broadcasters are eager to extract revenue wherever they can, and new channels represent more advertising inventory to sell.

IGSM and its massive library of quality programs will be offered to these new stations to fill their need for non-stop programming. The assortment of hundreds of finished programs offered by IGSM gives stations a choice from how-to programming, to biographies, travel, vacation homes, self-improvement, sports and touching stories. This is all original independent programming offered exclusively by IGSM.

IGSM Presents ..... Hockey Goals

This is one of the Hockey Goals Series that can be seen on QOLSports, a YouTube Channel.

This show features two well know Hockey personalities, Amy Bombay and John Chabot. This is one of many Television Series with multiple Episodes owned and distributed exclusively by IGSM GROUP INC. IGSM also has many single show programs covering a wide variety of topics. Each episode is Broadcast Quality and can be licensed for television in selected North American Markets and International Markets.

LEADERSHIP

Hamon Fytton, President, CEO
Wendy Pierro, Secretary, Treasurer



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