Plans involve the first container of product arriving to the Los Angeles area in as little as 7 days
SAN CLEMENTE, Calif., Sept. 26, 2007 — FTF Technologies, Inc. (DBA http://www.MREwholesalers.com and http://www.MREdepot.com), a leader in the Disaster Preparedness Products, MRE's, Canned Butter, Canned Cheese and other Shelf Stable Foods market, announced that it has entered into a definitive agreement with MRE Star to exclusively stock MRE Star Meals Ready to Eat for the U.S. market.
MRE Star is a senior and trusted supplier to many private organizations around the world. In the U.S., they are a certified supplier of emergency rations for the DoD/DLA, Defense Supply Center Philadelphia.
"MRE Star's full meal MRE's are widely recognized and respected in the defense and preparedness industry," says Steven Cyros, Vice President and COO of FTF Technologies, Inc. "It is an honor to be able to announce that they will be our exclusive provider of such a well-received and successful product line. Their modern production facilities and high-quality MRE's are an excellent addition to our Canned Butter, Canned Cheese, Freeze Dried and Dehydrated Food product lines."
"The West Coast is one of our targeted geographical markets for our high-quality MRE's and we are pleased to be aligned with MREwholesalers.com, who we consider to be the foremost provider of disaster preparedness products to the resale and consumer markets," explains Dan Muren, Vice President, Sales and Marketing for MRE Star. "Our evaluation of the opportunity in the U.S. and the prior successes of MREwholesalers in North America has led us to this mutually beneficial agreement that will provide a readily available inventory of shelf-stable meals for our growing customer base."
Revenue from the definitive agreement does not carry a specific value but commences with an initial shipment of up to a container of more than 2,000 cases in early September 2007. The value of the agreement will arise from the mutual market success of the parties.
About FTF Technologies, Inc.
MREwholesalers.com and MREdepot.com, both divisions of FTF Technologies, Inc., have been supplying MRE's to the trade and the public for more than 9 years. Founded in 1998 and fueled by the Y2K-generated need to prepare, MREwholesalers.com has established itself as one of the premier suppliers of food rations and disaster preparedness items to local and state government as well as the commercial sector for resale.
With 2006 cumulative revenues in excess of $40M across all divisions, and a significant investment in MRE inventory for 2007, MREwholesalers.com is positioned to be one of the only suppliers of MRE's with inventory year-round regardless of the demand or season.
For additional information on MREwholesalers.com and its products and services, please visit the Company's websites at http://www.MREwholesalers.com and http://www.MREdepot.com.
For more information, please contact:
FTF Technologies, Inc.:
Steven L. Cyros
Vice President and COO
(949) 366-9484
Email
MRE Star:
Dan Muren
Vice President, Sales and Marketing
(954) 552-2052
Email