Published: June 10, 2010
Diamond Ranch Foods Appoints Victor Petrone as Chief Operating Officer and Chief Financial Officer
NEW YORK - (BUSINESS WIRE) - Diamond Ranch Foods, Ltd. (OTC BB: DRFO) (Berlin WKN# A0RNQK), a meat
and poultry processing and foodservice distribution company, is pleased
to announce that the Company has appointed Victor Petrone as Chief
Operating Officer, and he will also assume the responsibilities of Chief
Financial Officer.
Mr. Petrone is a Graduate of The Wharton School of Business, University
of Pennsylvania, is fluent in multiple languages, and has vast
experience in the importing/exporting industry and foodservice and
distribution as a whole.
Mr. Petrone began his career in the mid-1980s as owner and General
Manager of Capital Food Corp. where he developed ethnic dining concepts
for quick-service restaurants, formal dining, as well as free-standing
restaurants. He entered the food distribution sector, Serv-Safe
Certified and in 1999 was recruited by Roma Food Enterprises as General
Manager of Western US and Mexico to oversee its International expansion.
In 2001, Mr. Petrone was recruited by U.S. giant Sysco Foodservice
Corporation to oversee its Specialty Market Division, as well as
Business Development for International Sales.
Additionally, in 2004 Mr. Petrone formed International Food Specialists
Inc. (IFS), an import-export company representing over 70 manufacturers
and up to 500 product lines. The sales market included USA, Mexico,
Canada, The Caribbean, Central and South America. In 2006, Mr. Petrone
consolidated IFS, Inc. with publicly traded Nascent Wine Company, Inc.
where he served as the company's President and Director.
"We are elated with the appointment of Victor Petrone as our COO and
CFO. His substantial experience in food distribution, restaurant
operation, import/export in addition to his public company experience,
make him a welcomed addition to Diamond Ranch Foods as we strategically
plan to expand our business operations," stated Louis Vucci, Jr.,
President.
"With Mr. Petrone in place, we have now solidified our management team
and feel confident that we will be able to achieve the double-digit
sales goals we are projecting," added Mr. Vucci.
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About Diamond Ranch Foods, Ltd.
Diamond Ranch Foods is a highly strategic food group distributor and
processor of a broad selection of the finest quality meats, poultry and
foodservice items, including private label and custom-cuts, which can be
prepared fresh, frozen or vacuum-packed. The Company operates a fleet of
refrigerated trucks for delivery throughout the New York metropolitan
area and ships coast to coast via common carrier.
The Company's USDA-inspected facility is located in the Hunts Point
Cooperative Market (Bronx, New York), which is the largest food
distribution center in the world, and boasts a highly-diversified
customer base throughout the tri-state region, including; supermarket
chains, restaurants, hotels, deli/catering operators, institutions and
industry suppliers.
Please visit www.DiamondRanchFoods.com for
additional information on the Company.
Safe Harbor Statement
Statements contained in this presentation that are not strictly
historical are "forward-looking" statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities and Exchange Act of 1934. The forward-looking statements are
made based on information available as of the date hereof, and the
Company assumes no obligation to update such forward-looking statements.
Forward-looking statements are sometimes identified by words such as
"intends", "anticipates", "believes", "expects", and "hopes" and involve
a number of risks and uncertainties that could cause the Company's
actual results to differ materially from projected results. All parties
are cautioned that such forward-looking statements involve risks and
uncertainties that could cause the Company's actual results to differ
materially from those in these forward-looking statements. Such risks
and uncertainties include but are not limited to demand for the
Company's products and services and any other factors that may be more
fully described in reports to shareholders and periodic filings with the
Securities and Exchange Commission.

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