Bella Petrella's Holdings, Inc., Announces it Has Been Granted an Extension for Payment of Acquisition Notes

TAMPA, Fla., Dec. 6, 2011 /PRNewswire/ -- Bella Petrella's Holdings, Inc., (OTC:QB--BTHR) announced today it has been granted an extension of the due date to December 31, 2011 from October 31, 2011, for the payment of notes associated with its recent acquisitions of Bobby V's Westshore Pizza and Philly Westshore Franchising, Inc.

"We have complete confidence in Bella Petrella's business model and in John V. Whitman's abilities. Since becoming a part of the Bella family of company's our comfort level continues to grow daily. We are in this for the long haul and the future growth of our businesses seems eminent," said Robert Vasanturo, founder of Westshore Pizza.

Bella Petrella's has paid Mr. Vasanturo five hundred thousand shares of its "Restricted" common stock for the extension and has one additional extension available to them if it becomes necessary.

ABOUT THE COMPANY

The Company produces a line of gourmet, reduced acid, pasta sauces, salsas and pizza sauce which is sold institutionally and to retailers. Each of the Company's products is all natural, full flavored and diabetic friendly. The Company's products are perfect for the consumer who suffers from acid reflux and traditionally has avoided tomato based products. The Company is an early revenue-stage enterprise. The Company through its subsidiaries Franchises 37 pizza and sandwich sports bars in Florida and Ohio and operates one 83 seat pizza and sandwich sports bar in Tampa, Florida.

SAFE HARBOR AND INFORMATIONAL STATEMENT

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's registration statement and reports filed with the SEC. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements

Contact –

For more information about Bella Petrella's Holdings, Inc., including a copy of the prospectus

John V. Whitman Jr., Phone: 516-375-6649

E-mail: [email protected]

SOURCE Bella Petrella's Holdings, Inc.

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