For Immediate Release
Lifeway Foods Introduces new line of
Gourmet Cream Cheeses
Morton Grove, Illinois, October 29, 2004 -- Lifeway Foods, Inc.
(Nasdaq: LWAY) today announced the introduction of its new line
of spreads under the name “Lifeway Cream Cheese Gourmet™”.
The Lifeway cream cheeses will be available in a variety of delicious
flavors including Plain Whipped, Vegetable, Strawberry, Chives,
Apple Cinnamon Raisin, Sun Dried Tomato, Lox and Onion, Honey
Mustard, Cheddar Cheese with Horseradish, and Apricot. They will
be sold in 7.5 oz containers and more varieties will be added
to the product line in the coming months.
Made with the finest ingredients the cream cheeses will be marketed
in specialty and gourmet food stores. Lifeway’s new spreads
are not only for bagels, they can be used in recipes, as dips
for fruits and vegetables, and taste great in sandwiches - they
are the perfect addition to holiday gatherings.
“We are excited about the growth opportunities of developing
an additional product line for our current customers, and for
our new customers,” said Julie Smolyansky, Lifeway Foods’
president. Smolyansky also added, “We are confident we can
tremendously grow our new cream cheese line both here in Chicago,
and nationally.”
Lifeway is a manufacturer of cultured, probiotic and functional
food products in the health food industry, and is America's leading
supplier of the cultured dairy product known as kefir. The Company
markets 12 flavors of kefir and does a successful business exporting
its products to Canada. The Company also participates in the organic
and soy markets with Lifeway Organic™, Organic Kefir and
Kefir Cheese, and America’s first soy kefir called SoyTreat™.
For more information, contact Julie Smolyansky, President, Lifeway
Foods, Inc. at (847) 967-1010, e-mail at info@lifeway.net or visit
the Company's website at www.lifeway.net or www.kefir.com.
This document includes certain "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995. These statements are based on management's
current expectations and are subject to uncertainty and changes
in circumstances. Actual results may differ materially from these
expectations due to changes in economic, business, competitive,
market and regulatory factors. More information about these factors
and their effects on company performance is contained in filings
made by Lifeway Foods, Inc. with the U.S. Securities and Exchange
Commission including, but not limited to, the annual report on
Form 10-K. Information regarding securities filings made by Lifeway
Foods, Inc. may be found by visiting the company's website at
www.kefir.com or
www.lifeway.net.
6431 W. Oakton
Morton Grove, IL 60053
847-967-1010
fax: 847-967-6558
