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Re: Spikeknotmike post# 31657

Thursday, 08/19/2010 10:26:11 AM

Thursday, August 19, 2010 10:26:11 AM

Post# of 76214
NEWS OUT!!!!!!!!!

China Food Services, Corp. Reaches Distribution Agreement With Its First Chinese Food Manufacture

BEIJING, Aug 19, 2010 /PRNewswire via COMTEX/ -- China Food Services, Corp., (Other OTC: GDHI) (http://www.chinafoodservices.com) an international food and beverage distributor specializing in the distribution of US and international food & beverage brands to the Chinese market, today announces it has reached an agreement with Beijing Sai Han Coarse Cereal Co., Ltd, http://bjshzl.com.cn. Under this agreement, GDHI will distribute instant cups of noodles throughout GDHI's supply chain network in Beijing. The instant noodle market in China is estimated at $6.6 billion US dollars; China's instant noodle business is set to double to about $13 billion US dollars by 2013. Consumers spend about $5 per capita per year on instant noodles, according to Euromonitor International.

Mr. Frank J. Yglesias, CEO, stated, "China is the world's largest market for instant noodles. We have successfully built a network of 600 chain stores in our distribution supply chain; it is only natural that we can also distribute local products to increase our bottom line." Additionally Mr. Yglesias stated, "Sai Han Coarse Cereal Company is valued as a Green product, which is equivalent to our USDA Organic certification; this certification ensures quality and safety to the consumers, a key factor in our negotiations to distribute their products throughout our network."

About Beijing Sai Han Coarse Cereal Co., Ltd (http://bjshzl.com.cn)

BSCCCL is a modern food manufacturer located in Men Tou Gou District, 20km from downtown, between the State Road No. 109 and the Ring 6. This transportation net insured our company an ideal environment to produce high-quality foods.

Among the more than 100 staff members we currently have, 20% of them own college diplomas or different types of special skill certificates. The company strictly follows the ISO 9001 standard and the HACCP food safety system in organizing our operations.

BSCCCL employed the latest updated equipments and techniques which are approved by the Chinese Academy of Agricultural Sciences (CAAS). Real coarse cereals, the instant noodle we are manufacturing and marketing, is now the first choice of people. We like foods that are convenient and healthy. It is made by high temperatures pressing on the coarse cereal, which is grown on the plateau with an altitude of 1,500 ms; this is what makes the noodles so tender, smooth, and nutritious.

BSCCCL aims to introduce the customers to safe, nutritious, healthy, and delicious noodles. We sincerely invite people that are interested to work together and to seek good business opportunities.

About China Food Services, Corp.

China Food Services, Corp. owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. in central Hong Kong and Beijing Jin Long Fei International Trading Co., Ltd in China. China Food Services, Corp. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for its Hong Kong subsidiary, negotiating vendor contracts and services with U.S. food and beverage industry partners. The Hong Kong Company plays a strategic role in the importation of products into the Chinese market by leveraging the Closer Economic Partnership Arrangement (CEPA) with China. Through this arrangement, Beijing Jin Long Fei International Trading Co., Ltd distributes some of the most popular U.S. food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. The Company is responsible for order fulfillment for its clients in China, as well as providing advertising and promotion (A&P) services for its U.S. food and beverage products.

Safe Harbor Statement

Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.

SOURCE China Food Services, Corp.

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