Thursday August 7, 9:47 am ET
LEOMINSTER, MA--(MARKET WIRE)--Aug 7, 2008 -- American Marketing & Sales, d/b/a Innovative Designs, a wholly owned subsidiary of Datameg Corp (OTC BB: DTMG.OB), today announced that Wings to Go, Inc. and Sam LaGrassa's have selected the company's Green Line Food Caterware products for use in their packaging programs. Wings to Go will use the Innovative Designs Green Line Caterware products to supply its three-compartment football bowl with a lid for their fall food packaging promotional program beginning Sept. 1, 2008; and, Sam LaGrassa's will use the products for its catering services.
The Green Line Caterware Products include an extensive line of environment-friendly, injection-molded food-packaging products manufactured from FDA-approved polypropylene and polystyrene resins containing up to 40 percent recycled plastic content. In addition to these latest contracts, American Marketing has received purchase orders for its new Green Line of products from Whole Foods, the U.S. House of Representatives purchasing office in Washington, D.C., and several schools and colleges including the University of Massachusetts.
"We're very pleased with the strong interest we continue to see in our Innovative Designs' Green Line food packaging products, especially from such established companies in the restaurant industry like Wings to Go, which has been in business for over 20 years, and Sam LaGrassa's, which is a Boston landmark, in business for over 40 years," said Leonard Tocci, president of Innovative Designs.
Wings to Go is known for its "simply great buffalo wings with delicious sauces and more" and operates 176 locations in 19 states. Sam LaGrassa's, an award-winning restaurant known as the "Number 1 Sandwich Place in Boston," has been serving the Boston area with exceptional personalized service for over 40 years.
Jim Murphy, CEO of parent company Datameg, commented: "Innovative Designs offers one of the only recycled or 'green' food-packaging products on the market, and its success is largely due to a new generation of eco-conscious consumers and retailers who want socially responsible products. We expect to continue to see sales growth for this new line as we open up new channels of distribution and expand our customer base."
About Datameg Corporation
Headquartered in Salt Lake City and with operations in Boston, Datameg Corporation is a diversified holding company with subsidiaries in the technology industry and in food packaging and other injection-molded products. American Marketing & Sales, Inc., d/b/a Innovative Designs, markets finished food packaging, caterware and office products nationwide to major supermarkets, food retailers, and office supply stores. Datameg's wholly owned subsidiaries Net Symphony and QoVox Corporation design, develop and offer network-wide fault identification, fault isolation and voice quality assurance products and critical real-time network health and performance monitoring services for both providers and end-users of Internet telephony, now commonly referred to as Voice over Internet Protocol (VoIP). ComputerCtr.Com provides a wide range of technology solutions and is a strategic technology supplier to QoVox and Net Symphony. To learn more about Datameg and its subsidiaries, visit http://www.datameg.com/ir.html.
Forward-Looking Statements
Certain statements contained herein are forward looking. These forward-looking statements are based on our current expectations and are subject to a number of risks, uncertainties and assumptions. Many factors could cause actual results to differ significantly from these statement, including our history of operating losses, our need for additional financing, a failure of our products to perform as expected, introduction of competing products by other companies, pressures on prices from competitors and/or customers, regulatory obstacles to new product introductions, lack of acceptance of our products and changes in the VoIP and technology industries. These risks, uncertainties and assumptions are detailed in documents filed by us with the Securities and Exchange Commission. The Company cautions that the foregoing list of important factors is not exclusive. Any forward-looking statements are made as of the date of the document in which they appear. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751, (800) 733-2447,
Fax: (407) 644-0758, info@redchip.com
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