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Wednesday, August 18, 2010

Tofutti to Announce Three Innovative Products

Tofutti sent out a bit of a downbeat press release, revealing that they lost gross and net revenue since last year at this time.

The good news is that they are expanding their product line into firsts, not just for them, but for the industry.

As announced at our annual meeting in June, we have developed three new dairy-free food products. We will soon release the first commercially available nondairy and gluten-free ricotta cheese product, which is expected to reach grocers' shelves in the fourth quarter of this year. We also intend to release what we believe will be the first dairy-free, sugar-free, frozen dessert than incorporates Stevia as the sweetening agent and a newly re-formulated frozen pizza with a dairy-free, trans fat-free cheese topping. We expect that the latter two products will be commercially available around the new year."

Go to Tofutti.com for more information on all their current products.

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