Galaxy Nutritional Foods Retains RJ Falkner & Company as Investor Relations Counsel

Galaxy Nutritional Foods Retains RJ Falkner & Company as Investor
Relations Counsel 


ORLANDO, Fla., Oct. 21  /PRNewswire-FirstCall/ -- Galaxy Nutritional Foods,
Inc. (AMEX:GXY), the leading producer of nutritious plant-based dairy
alternatives for retail and foodservice markets, today announced that it has
retained RJ Falkner & Company to develop and implement an investor relations
program for the Company.

RJ Falkner & Company, Inc. is an investment research and financial
communications firm that seeks out what it believes are undervalued small-cap
companies with the potential to outperform the overall market on an
intermediate and long-term basis.  Its research analysts work with the
managements of such companies to broaden the companies' exposure within the
investment community and expand the level of interest among brokers, money
managers and high-net-worth individual investors.  RJ Falkner & Company, Inc.
has offices in Texas and Colorado.  Its website address is
http://www.rjfalkner.com/ .

"We selected RJ Falkner & Company as our investor relations firm because of the
relationships that its research analysts have developed within the investment
community during the past 35 years and because of its expertise in shareholder
communications," stated Michael E. Broll, Chief Executive Officer of Galaxy
Nutritional Foods, Inc.

"We are excited to be selected to provide a full range of investor relations
services to Galaxy Nutritional Foods," commented R. Jerry Falkner, C.F.A.,
President of RJ Falkner & Company, Inc.  "As the leading provider of nutritious
dairy alternatives for grocery stores and restaurants, and in light of rising
public interest in healthy diets throughout America, we believe Galaxy is
well-positioned for significant growth in sales and profitability during the
next several years."

The agreement between Galaxy and RJ Falkner & Company is for assistance in
investor relations, press release development, the preparation of independent
analyses and research reports, and other related services of benefit to Galaxy
Nutritional Foods, Inc.  Any forecasts, projections and/or conclusions
contained in the research reports published by RJ Falkner & Company will be
independently prepared by RJ Falkner & Company, unless otherwise stated, and
will not be endorsed by the management of Galaxy Nutritional Foods, Inc.

About Galaxy Nutritional Foods, Inc.

Galaxy Nutritional Foods, Inc. is the leading producer of great tasting,
health-promoting plant-based dairy and dairy-related alternatives for the
retail and foodservice markets.  Its low- and no-fat products have no
cholesterol or lactose, are growth hormone- and antibiotic-free and have more
calcium, vitamins and minerals than conventional dairy products.  Galaxy's
products are part of the nutritional or functional foods category, the
fastest-growing segment of the retail food market.  For more information,
please visit the Company's website at http://www.galaxyfoods.com/ .

Galaxy Nutritional Foods, Inc. is headquartered in Orlando, Florida and its
common stock is listed on The American Stock Exchange under the symbol "GXY."

This press release includes statements that may constitute "forward- looking"
statements, usually containing the words "believe," "estimate," "project,"
"intend," "expect" or similar expressions. These statements are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements inherently involve risks and uncertainties
that could cause actual results to differ materially from the forward-looking
statements.  Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof, and the
Company undertakes no obligation to update these statements for revisions or
changes after the date of this release. 

DATASOURCE: Galaxy Nutritional Foods, Inc.



CONTACT:  Investor Relations, Dawn M. Robert of Galaxy Nutritional Foods,

Inc., [phone], or  



Web site:  http://www.galaxyfoods.com/ 

Copyright