Technology Flavors & Fragrances, Inc. Announces Receipt of New Purchase Order from The Hain Celestial Group, Inc.
AMITYVILLE, N.Y.--(SOAPWIRE via BUSINESS WIRE)--Oct. 8, 2004--Technology Flavors & Fragrances, Inc. (AMEX:TFF) announced today that it had been awarded a new purchase order from The Hain Celestial Group, Inc. for TFF's new natural vanilla flavor. TFF's new natural vanilla flavor was originally developed specifically for Hain Celestial. The successful introduction of our new natural vanilla flavor could significantly expand Hain Celestial's business with TFF.
Philip Rosner, Chairman and CEO of TFF, stated that, "We are extremely excited about this expansion of our business relationship with Hain Celestial, a valued customer, and look forward to continuing to expand our sales to Hain Celestial. We believe that this new order and expected additional purchase orders should lead to meaningful incremental revenues for TFF and growth of our bottom line. Hain has been a TFF customer for over five years and we are gratified by their continued confidence in us."
ABOUT TECHNOLOGY FLAVORS & FRAGRANCES, INC.
Founded in 1989, TFF creates, develops, manufactures and markets flavors and fragrances which are incorporated into a wide variety of consumer and institutional products, including natural and artificial flavored beverages, confections, foods, pharmaceuticals, aromatherapy products, perfumes and health and beauty products. TFF has a proprietary library of more than 36,000 flavor and fragrance product formulations that are used to develop customized products.
TFF believes its proprietary formulations are currently used in more than 1,200 products sold by more than 500 customers worldwide, approximately 50 of which are Fortune 1000 companies. TFF maintains facilities in Amityville, New York; Inglewood, California; Toronto, Canada; and Santiago, Chile. TFF is publicly traded on the AMEX under the symbol "TFF." The Company's website can be found at http://www.tffi.com.
ABOUT THE HAIN CELESTIAL GROUP, INC.
The Hain Celestial Group, headquartered in Melville, NY, is a leading natural and organic, snack and specialty food and personal care and cleaning products company in North America and Europe. Hain Celestial participates in 13 of the top 15 natural food categories with well-known food brands that include: Celestial Seasonings(R) teas, Walnut Acres Certified Organic(R), Hain Pure Foods(R), Carb Fit(TM), Westbrae Natural(R), WestSoy(R), Rice Dream(R), Soy Dream(R), Imagine(R), Ethnic Gourmet(R), Rosetto(R), Arrowhead Mills(R), Health Valley(R), Breadshop(R), Casbah(R), Garden of Eatin'(R), Terra Chips(R), Yves Veggie Cuisine(R), The Good Dog(R), DeBoles(R), Earth's Best(R), Nile Spice(R) and in Europe, Lima(R), Biomarche(R), Grains Noirs(R), Natumi(R) and Milkfree(R). The Company's principal specialty product lines include Hollywood(R) cooking oils, Estee(R) sugar-free products, Kineret(R) kosher foods, Boston Better Snacks(R), and Alba Foods(R). The Company's personal care and cleaning products lines consist of JASON(R) pure, natural and organic products, Shaman Earthly Organics(TM), and in natural cleaning products, Heather's(R). Hain Celestial's corporate website is www.hain-celestial.com. The Hain Celestial Group, Inc. common stock trades on the NASDAQ(R) Stock Market under the symbol HAIN.
Contacts
Technology Flavors & Fragrances, Inc.
Joseph A. Gemmo, VP/CFO
631-842-7600, Ext. 301
E-Mail: gemmo@tffi.com
Website: www.tffi.com
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