RYNL Reynaldos Mexican Food (CE)

Reynaldo's Mexican Food Company, Inc., (Pink Sheets:RYNL) announced today the election of a new Chief Operating Officer, Joe Garcia III. Joe Garcia III is the son of Joe Garcia, the President and co-founder of Reynaldo's. During his 21 years with Reynaldo's, Joe Garcia III has seen Reynaldo's grow from a local food supplier into a prominent food manufacturer with distribution into twelve western states. As the new COO, Joe Garcia III is focused upon taking a proactive approach to focus on implementing cost efficiencies, and he has engaged a business development consulting firm with over 30 years in assisting business enterprises manage their growth in operations. In its first few weeks working with Reynaldo's, the consulting firm has recommended and the Company has implemented several changes which have had an immediate effect. The Company expects that the development of a comprehensive action plan will, when fully implemented, have a positive impact on the company's bottom line. This plan includes more comprehensive management training, Company-wide cost containment procedures and the establishment of an upper management succession plan. Additionally, the consulting firm hired by Reynaldo's will assist the Company in obtaining the working capital necessary for continued expansion of its business, without compromising the Company's position as the leader in Mexican food manufacturing. Reynaldo's operates seven food processing plants in Southern California. In addition, Reynaldo's maintains nine warehouse/distribution centers in California, Arizona, Nevada, Utah, Colorado and Texas. Reynaldo's product lines are sold throughout the Western United States in such stores as Wal-Mart Super Centers, Sam's Club, Costco, K-Mart, Smart & Final, Albertsons, Ralphs, Food4Less, Fred Meyer, Fry's, Safeway, Vons, Bashas', Food City, Smith's and in California 7-11 stores. For more on the company's products, please visit it's Web site at www.rmfood.com. There you can view a video interview with Company President, Joe Garcia, discussing the past, present and future of Reynaldo's. Investor relations information may be obtained by contacting: Corporate Strategies Inc. at 888-597-8308 or CorporateStrategiesInc@cox.net. A number of statements referenced in this release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in these actions may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes" or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Reynaldo's Mexican Food Company Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's public disclosure documents. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the "forward-looking" statements contained in this news release.