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FOR IMMEDIATE RELEASE
G. WILLI-FOOD TO FURTHTER EXPAND PRODUCT LINES
NEW LINES OF DAIRY PRODUCTS AND CANDIES IN DEVELOPMENT
CAPITALIZES ON TECHNOLOGICAL CAPABILITIES AND PARTNERSHIPS WITH KEY SUPPLIERS
YAVNE, ISRAEL - NOVEMBER 7, 2006 - G. WILLI-FOOD INTERNATIONAL LTD. (NASDAQ:
WILC) (the "Company" or "Willi Food"), one of Israel's largest food importers
and a single-source supplier of one of the world's most extensive range of
quality kosher food products, today announced that following the Company's
attendance at the SIAL food exhibition in Paris in late October, Willi-Food will
engage in the development of several new products for the kosher market.
Mr. Zwi Williger, President and COO of Willi-Food commented, "We pride ourselves
on delivering highly innovative and desirable products to the marketplace.
Willi-Food's superior development technology and established partnerships enable
us to rapidly capitalize on exciting trends in the industry and continue to
drive revenue and earnings growth."
Among the new products in development are several cheese alternatives, including
types of Gouda, Parmesan, Cheddar and Mozzarella, which Willi-Food will source
from a supplier in Greece. In addition, the Company is working on long
shelf-life yogurts from Holland.
Another product segment selected for expansion is candy. Willi-Food has
developed a new line of candies and is currently working on a new line of sugar
free candies.
Willi-Food recently introduced a new product called Fetina into the retail
market in Israel. Fetina is a kosher version of Feta Cheese, which is available
in regular and 9% fat varieties. The Company has scheduled a launch campaign for
Fetina in November and December.
ABOUT G. WILLI-FOOD INTERNATIONAL, LTD.
G. Willi-Food International Ltd. is one of Israel's largest food importers and a
single-source supplier of one of the world's most extensive ranges of quality
kosher food products. It currently imports, markets and distributes more than
400 food products manufactured by some 100 top-tier suppliers throughout the
world to more than 1,000 customers. The Company excels in identifying changing
tastes in its markets and sourcing high-quality kosher products to address them.
For more information, please visit the Company's website at
www.willi-food.co.il.
EXCEPT FOR HISTORICAL INFORMATION CONTAINED HEREIN, THE MATTERS SET FORTH IN
THIS PRESS RELEASE ARE FORWARD-LOOKING STATEMENTS THAT ARE DEPENDENT ON CERTAIN
RISKS AND UNCERTAINTIES, INCLUDING SUCH FACTORS, AMONG OTHERS, AS MARKET
ACCEPTANCE, MARKET DEMAND, PRICING, COMPETITION, CHANGING ECONOMIC CONDITIONS
AND OTHER RISK FACTORS DETAILED IN THE COMPANY'S SEC FILINGS.
CONTACT:
G. Willi Food International Ltd.
Albert Israeli, CFO
(+972) 8-932-2233
albert@willi-food.co.il
IR CONTACT:
The Global Consulting Group
Christopher Chu
(646) 284-9426
cchu@hfgcg.com