West Lafayette, Indianad
October 31, 2006
FAVORED® Inc. (Other OTC:FVRD.PK -
News) today announced the launch Distributor for the newly
acquired FAVORED® SEED, LLC.
Dr. Claude Page, President and
C.E.O of FAVORED® Inc., is pleased to announce the appointment
of Banks Seeds, LLC and their new Distributorship for FAVORED®
SEED. The geographical territories assigned to Banks Seeds cover
the heartland of corn production and seed sales, which
encompasses areas in Iowa, Minnesota, and Nebraska.
Dr. Page commented about Stephen Banks and his organization, "I
am very excited about the experience Stephen had at Land O'Lakes
and other National and Regional Seed Companies. I know his
relational capital, insight, and broad view and understanding of
the Macro Economics of Agriculture will give FAVORED® SEED and
the farmers who will grow FAVORED® SEED, a competitive advantage
in the field."
FAVORED® Inc. recently announced that it has acquired 100% of
FAVORED® SEED, LLC. Information on that acquisition can be found
at
http://www.favoredgrain.com/investor-press-releases.html
About Stephen J. Banks
Stephen J. Banks a graduate of the Biological and Zoological
program at Cornell University has over 30 years experience
locally, regionally and nationally, specifically in the Corn
Seed Development, Genetics, and Sales/Marketing area. Stephen
has worked for Regional Corn Seed organizations which he
developed, hired and oversaw the implementation new distributors
while continually increasing sales.
In addition to this immense background Stephen has also launched
Sales and Marketing Initiatives for Land O'Lakes. At Land
O'Lakes he launched new products and sales programs to
distributors and salespeople throughout the United States. He
developed and implemented a new concept of marketing products
which resulted in a 50% sales increase for four consecutive
years. Stephen has consistently outperformed targets and
objectives. He has achieved recognition that is unparallel in
the Corn Seed Industry.
About FAVORED® SEED
An Indiana Limited Liability Company, is in the business of
supplying Non Genetically Modified Hybrid Corn Seed and Non
Genetically Modified Soya Bean Seed with specialty output
traits. These grains continue to be in high demand, particularly
for exports to Europe, Asia, and North America. FAVORED® SEED
endeavors at every opportunity to fulfill this immense market
opportunity for specialty food grade products.
FAVORED® SEED is currently expanding its contract corn seed
production by over 25% for the 2007 sales season. This continued
growth will serve the demand of our current and future client
base who utilize this product, while strengthening our presence
in this niche.
FAVORED® SEED completes an important link in the implementation
of the Patent Pending FAVORED® System. This furthers enable us
to tailor our production and operations to meet our customers'
future demands and requirements, while ensuring full ingredient
traceability. FAVORED® continues to strengthen its position in
the global marketplace as a trusted source for specialty food
ingredients.
About FAVORED® Inc.
The all natural FAVORED® System delivers food products that
carry the assurance of being completely traceable from origin to
consumer (from "seed to plate"). Its patent pending system
focuses on those traits that today's consumers desire; products
free from growth hormones and antibiotics and produced with only
non genetically modified feed rations.
FAVORED® Inc., therefore, participates in a market segment that
represents approximately 33% of the U.S. population. In fact,
sales to consumers who demand natural/organic foods now exceed
US $30 billion each year.
For more information about FAVORED® Inc., please visit us at:
www.favoredgrain.com
and www.favored.tv. |