NEW YORK, July 23 /PRNewswire-FirstCall/ -- B&D(R) Food Corp. (OTC:BDFC.OB) (BULLETIN BOARD: BDFC.OB) operates in the food and beverage industry. B&D specializes in the manufacturing and trading of roasted and instant top quality Arabica and Robusta coffee in Brazil. Six days ago B&D announced the intended acquisition of two subsidiaries of the Canaan group: Leite Canaan (powdered milk) and Geskan (specialty coffee). The companies are located in Rio de Janeiro and hopefully will expose B&D to many new consumers throughout South-Brazil. (See press release from July 18th, 2007) As revealed in this report, these subsidiaries are not the only thing B&D managed to potentially acquire in this transaction. Along with his subsidiaries, the owner of Canaan Group, Mr. Joao Gilberto Codognotto, has attentively agreed to join B&D's board of directors pending the final signing of the acquisition papers. The joining of Mr. Codognotto, and his 35 years of experience in the coffee industry, intends to catapult B&D's management team to a new level of professional management. Assembling a strong management team has been a crucial part of B&D's strategy. The individuals chosen are among the leading professionals of their trade. B&D wishes to assemble a multitalented team committed to its long-term vision. Mr. Gilberto Codognotto -- A short CV Mr. Codognotto has participated in various roles in the coffee industry and has served as an expert in the acquisition, integration and management of several large, multinational companies. Mr. Codognotto served also as a broker to many of the main coffee deals in the last years that took place in Brazil, notably the acquisitions of -- Cafe do Ponto by Sara-Lee. -- Cafe ItambeNacional by Segafredo Zanetti. -- Cafe Nova Suica by Segafredo Zanetti. -- Cafe EXP. N. Guia by Segafredo Zanetti. -- Cafe Pimpinela by Santa-Clara. His achievement in the Brazilian coffee industry can be seen through his years of work -- -- 2006- Became a partner of numerous coffee and sugar brands throughout Brazil -- 2003- Acquired LEITE CANAAN (Rio de Janeiro) -- powdered milk factory and various powders factory, recently acquired by B&D pending final approval -- 2002- Acquired CAFE MARROCOS (Porto-Alegre) -- 2000- Acquired SOKANCANAAN coffee factory (Rio de Janeiro) -- 1991- Built JR tradingexporting company (San-Paulo). -- 1988-90- Becomes a partner in two trading companies -- Sardenberg Wislling Ltd. (San-Paulo) and Aron Chazan Ltd. (Santa-Catarina). -- 1985-87- General Manager of trading of MOGIANA (San-Paulo). -- 1984- General manager of CAFE UTAM Based on his record of performance and B&D's manager's personal acquaintance with the person behind the titles, there are very good feelings in B&D for future work intended to be done together. Mr. Codognotto will hopefully be the most recent addition to an already highly professional and market savvy executive management team that was assembled during the past two years. The company's management team began with its founders, Mr. Daniel and Jacques Ollech. Beginning as Brazilian soft commodities overseas traders over 30 years ago, both brothers have an intimate knowledge, of not only the Brazilian market, but of the world trading business and world coffee market in general. The decision to venture into the producing and distributing sides of the business came as a result of this knowledge. Joining B&D two years ago, Mr. Yaron Arbell has been the company's CEO, leading the company through the past period of re-organization and into its new era. Mr. Arbell, a licensed attorney and certified chemical engineer, has preformed various executive rolls in numerous companies in the Israeli private and public sector. Mr. Arbell's strengths in the fields of re-organizational management and operations have been portrayed in the various positions he filled in restructuring three banks, the Israeli pension funds, the national airline, sports enterprises and municipal offices. These individuals and others that have been approached will, potentially, form a strong, multitalented management team that hopes to lead B&D and its various new subsidiaries into a new era in which B&D is a strong player in the world coffee market. Want to know more about B&D, Brazilian or world coffee markets? Come visit our website: http://www.bdfcorp.com/ (an updated website coming soon). DATASOURCE: B&D(R) Food Corp. CONTACT: Daniel Ollech, B&D Food Corp., +1-646-652-6463, or Web site: http://www.bdfcorp.com/

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