With Milk Prices Soaring Worldwide, the Imminent Acquisition of Leite Canaan by B&D Food Corp. May Prove to be a Very Important

NEW YORK, July 31  /PRNewswire-FirstCall/ -- B&D(R) food corp. (OTC:BDFC.OB) (BULLETIN BOARD: BDFC.OB)  operating in the food and beverage industry, B&D specializes in the trading, roasting and distribution of top quality Arabica coffee and related products.

Thirteen days ago B&D announced the signing of a non-binding LOI with one of Brazil's largest powdered milk producers -- Leite Canaan and Geskan (see press release -- July 18th). This strategic acquisition aims to capitalize on the rise in world milk and milk powder prices.

Additionally, B&D hopes to increase exposure through Leite Canaan's strong distribution system, introducing B&D's brands of coffees and related beverages to new consumers across South Brazil.

The Leite Canaan factory, founded in 2004, has the ability of processing 200,000 Liters/day = 16,800 kg/day of powdered milk.

Most of the powdered milk produced will find its way to various shelves in South Brazil. However, as milk supply decreases worldwide and prices rise accordingly, B&D has begun exploring various markets outside of Brazil that are in demand of this product.

The proximity of both B&D's and Leite Canaan's factories to Brazil largest commercial harbors, Santos and Rio de Janeiro, intends to make B&D an attractive supplier to these overseas costumers.

Milk powder, a highly marketable commodity in itself, is also a necessary ingredient in all cappuccino and chocolate drinks. B&D has the ability of producing 300 tons/month of these beverages and hopes to accommodate an increasing demand for these products throughout South Brazil.

In conclusion, this acquisition aims to combine B&D's current abilities with to a vast distribution system, cost-saving synergies, professional personal (see press release -- July 23rd) and a worldwide demand for a product in short supply.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, expectations about the Brazilian coffee and food market and quotations from management in this announcement contain forward-looking statements. Statements that are not historical facts, including statements about B&D Food Corp's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statements. Further information regarding these and other risks is included in our annual report on Form 10KSB and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of July 18, 2007 and B&D Food Corp. undertakes no duty to update such information, except as required under applicable law.

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DATASOURCE: B&D Food Corp.



CONTACT:  Daniel Ollech, B&D Food Corp., [phone], or





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