Suprema Specialties, Inc. (Nasdaq: CHEZ) announces Paul Lauriero, Co-founder, Executive Vice President and Director of the Company unexpectedly passed away on August 27, 2001. Mr. Lauriero had been a Director of the Company since its inception in 1983 and Executive Vice President of the Company since February 1991. The Company had employed Mr. Lauriero in various capacities from its inception. Mr. Lauriero was previously co-owner of Long Island Diary Distributors, Inc. from 1975 to December 1986. The Company wishes to express its condolences to the family. Mark Cocchiola, President and CEO will assume Mr. Lauriero's duties.