Paul R. Smith, CEO of Foodvision.com (OTCBB:FVSN – news), announced today that it has formed an alliance for a co-branded marketing initiative with Miami Florida based internet company, LatinGrocer.com.
LatinGrocer.com, is one of the most comprehensive Hispanic online shopping sites on the Internet.
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LatinGrocer.com has become the Internet’s number one source of food for Latin American shoppers on the Internet for products from around the world, from Caribbean delicacies to Spanish specialties foods. LatinGrocer.com is a full service Latin American online grocery store, which has added another way to access specialties from Latin America, Spain and the Caribbean.
LatinGrocer.com has entered the business by providing groceries, housewares, small appliances, gifts, latest music recordings, merchandise to the business and consumer market. LatinGrocer.com offers fast and accurate shipments and good prices, receiving orders from the United States and from all over the world.
“Our partnership with foodvision.com allows foodvision visitors access to LatinGrocer.com’s selection of thousands of Latin Food items. The Latin food market is one of the fastest growing in the food industry, and we are glad to have the opportunity to be foodvision.com’s exclusive Latin food provider that offers our great line of products to foodvision.com members,” states Armando Gutierrez Jr, Chief Technology Officer for LatinGrocer.com
According to the Economic and Statistics Administration of the U.S. Census Bureau, the March 1999 estimate of the Hispanic population in the United States was 31.7 million, or 11.7 Percent of the total population. By the middle of the next century, according to middle-series population projections, the nation’s Hispanic population is expected to reach 96.5 million (24.5 percent of the nations total population).
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By GlobalDataAs of 1992, eight percent of the nation’s 17 million small businesses conducted transaction is Spanish, and the Nation had 863,605 Hispanic-owned businesses, up 76 percent from 1987. This comprised five percent of all U.S. firms and had receipts of $76.8 billion (up 134 percent since 1987), according to a statistical abstract of the United States, U.S. Census Bureau.
“We are pleased to introduce LatinGrocer.com to the One-Stop Food Portal,” states Raj Kalra, CIO of foodvision.com. “LatinGrocer.com will allow our visitors to access much needed products from the Latin food market, which is one of the largest ethnic markets in North America.”
The ONE-STOP-FOOD PORTAL has already established itself as one of the Internets industry leaders and understands the tremendous potential of the niche market that they have already established themselves in.
With their strong background in the restaurant and hospitality industry combined with leading edge technology, foodvision.com continues to offer the food industry an online presence. Whether it is restaurant reviews, creating interesting menus, restaurant designs, financing, cooking schools, beer, wine or anything about the food or business of food, you will find it on the one-stop Food Portal.
About Foodvision.com
Foodvision.com (OTCBB:FVSN – news), launched in November 1999, is the Internets one-stop food portal where consumers and food professional can satisfy all of their food needs without leaving the site. The site is targeted to the general public interested in all related food topics and food service professionals interested in all food business related issues.
Foodvision.com includes hot topics, recipes of the day and week; restaurant reviews, creating interesting menus, restaurant design and financing, cooking schools etc.
Foodvision.com, Inc., is a food-specific Internet information provider and Portal Company that integrates traditional business systems in food and beverage operations with leading-edge technologies in Internet systems.
The linking of substantial expertise in food establishment operations and state-of-the-art Internet business provides the shareholders and partners of foodvision.com with a solid financial base and the exciting growth potential.
Foodvision.com can be found at http://www.foodvision.com.
The statements contained in this release, which are not historical facts, may be deemed to contain, forward-looking statements, including, but not limited to, deployment of new services, growth of the customer base, and growth of the service area, among other items. Actually results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing, or other factors. Deviation may result from risk, uncertainties, including, without limitation, the Company’s dependence on third parties, market conditions for the sale of services, technical factors affecting networks, availability of capital, and other risk and uncertainties. The Company disclaims any obligation to update information contained in any forward-looking statement.
