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For Immediate Release
Whittier, California, February 26, 2008 |
Contact: Yes International
Rich Kaiser - 800-631-8127 |
Pop N Go Announces 910% Revenue Gain for First
Quarter
Whittier, CA-Pop N Go, Inc. (OTCBB:POPN) announced today revenues
for the fiscal first quarter ended December 31, 2007 totaled $268,656
compared with $29,506 for the corresponding three months in fiscal year
2007 amounting to a 910% quarterly revenue gain. The Company narrowed
its operating loss for the corresponding quarters from $797,300 to
$338,160 representing a 58% reduction in its net loss from operations.
“ We are very pleased that we were able to accelerate our 2007 fiscal
year growth in the first fiscal quarter of 2008. We were able to achieve
much of this expansion by growing our marketing alliances with
established vending operators and foodservice distributors and by
selling machines through our turn key management program,” said Melvin
Wyman, Chief Executive Officer, Pop N Go. We expect the successful
launch of our California schools program will allow us to deploy our
award winning, patented popcorn vending machines at an increasing pace.
The demand for healthy snacks in schools, hospitals, corporate
cafeterias and public venues is expected to continue to provide an
important source of recurring revenue in the coming years. Our
leading-edge product line has positioned the Company to take advantage
of the explosive growth expected in the healthy snacks industry.”
For further information about this release and Pop N Go, contact Mel
Wyman at 562-945-9351 and/or Rich Kaiser, Investor Relations, YES
INTERNATIONAL, 800-631-8127
About Pop N Go, Inc.
Pop N Go produces a unique hot air popcorn machine,
capable of delivering single servings of fresh hot popcorn, which meets
the demands of today's market. The company's self-contained equipment
produces fresh popcorn for each customer while allowing the customer to
watch the entire popping process. Pop N Go's machine is sized to fit
almost anywhere (2’x2’), and can be used as a stand-alone vending
machine or in a manual mode for traditional foodservice applications.
Pop N Go's FlixStix Division produces the only single serving popcorn
flavoring, which expands Pop N Go's brand into the home consumption
market. More information about Pop N Go can be found at www.popngo.com.
Safe Harbor under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press
release are forward-looking statements that involve certain risks and
uncertainties including but not limited to risks associated with the
uncertainty of future financial results, regulatory approval processes,
the impact of competitive products or pricing, technological changes,
the effect of economic conditions and other uncertainties as may be
detailed in the Company's filings with the Securities and Exchange
Commission. Nothing in this press release shall be construed as an offer
to buy or sell any securities herein.
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