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Ralph D. McRae
Chairman and CEO
Leading Brands, Inc.
Toll Free: 1-800-729-2746 ext. 238
Strategic Growth International, Inc.
Leading Brands, Inc. Announces Launch of First B2B Operations for Quick, Inc.
Oct. 18, 2001--Leading Brands, Inc. LBIX, Canada's largest independent, fully integrated food and beverage brand management company, is pleased to announce that today marks the first use of its revolutionary new technology and fulfillment system for a business to business application.
Quick, Inc., a subsidiary of Leading Brands, delivered its first retail order using its state of the art technology and facilities. The Company's goal is to continue to expand this aspect of its business, providing a convenient and cost effective same or next day delivery service to a wide variety of customers.
Leading Brands Chairman & CEO Ralph D. McRae said: "This is the first in a series of initiatives designed to make wider application of what we believe to be the most sophisticated fulfillment technology and system in use today. Our retail customers can now place an order by phone, fax or via the Internet at www.Quick.com, for same or next day delivery, choosing from more than 6,500 different food and related products. To gain a proper appreciation of what we have created I urge you to check out our web store.
"With more than 2 1/2 years and $10,000,000 invested in designing and building this business, we are able to deliver our products extremely cost efficiently and with a greater than 99.5% on time service level that is unprecedented in the food and beverage industry. We have created a state of the art, low cost distribution system that incorporates a central warehouse situated in each market area. This will enable us to deliver consumer products in the most cost effective manner possible.
"We intend to rapidly expand both our customer base and the products we deliver with a view to establishing Quick as the fulfillment system of choice for the food and beverage industry. The Quick subsidiary represents a totally new and invaluable revenue opportunity for the Company."
Leading Brands, Inc. is the largest independent fully integrated food and beverage brand management company in Canada with a coast-to-coast distribution network that supports company brands and a wide range of complimentary products from other brand owners. It is also a major producer and distributor of private label products and a co-packer for major branded food and beverage items.
This news releases discusses primarily historical information. Statements included in this release, to the extent they are forward looking, involve a number of risks and uncertainties related to competitive factors, technological developments and market demand.