Latteno Announces New Agreement to Distribute Giarolla Cheese Products to a Large Brazilian Supermarket Chain

MARKHAM, Ontario, Nov. 3, 2010 /PRNewswire/ -- Global Milk, a wholly-owned subsidiary of Latteno Food Corp. (OTC Bulletin Board: LATF), announced today that it has entered into a new distribution agreement for the Giarolla brand of cheese products with a Brazilian supermarket chain, which is owned by the largest retailer in the world.

As part of the contract, Global Milk will distribute Giarolla cheese products to 18 of the supermarket chain's 40 stores throughout Brazil starting in November 2010. Based on the results of this initial program, Global Milk will then commence distribution of the products to the other 22 retail store locations.

"I am very pleased to announce this new contract to distribute Giarolla cheese through these well-known supermarkets in Brazil.  The retail locations we are entering as part of this agreement are supermarkets that service a large number of customers, thereby notably expanding our distribution of Giarolla cheese products," stated Daniel Ollech, President and Chief Executive Officer of Latteno Food Corp. "This agreement is a significant achievement for our company. Not only will it provide us with an opportunity to expand upon our current customer base, but it will also help us develop new sales lines for our products as we continue to introduce them to other retailers throughout the country.

"This distribution agreement speaks directly to our focus and commitment to expanding the sales force and generating growth. I look forward to a successful launch of this distribution agreement and announcing other new agreements with retailers as they are signed," concluded Mr. Ollech.

About Latteno Food Corp.

Latteno Food Corp. is a U.S. corporation that concentrates on acquiring, organizing, developing and upgrading South American companies in the food industry, and more specifically, in the dairy and coffee industries. Currently, the Latteno operates through its subsidiary in Brazil and is developing a plan of operations for its leased facilities in Brazil. For further information please visit www.latteno.com.

Forward-Looking Safe Harbor Statement:

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include our ability to: attract customers; successfully market our products; successfully implement our current long-term growth strategy; as well as product demand, market competition, fluctuations in costs, reliance on suppliers, delays production, climate, and technical issues beyond our control. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the Commission are available from commercial document retrieval services and at the website maintained by the Commission at http://www.sec.gov.

SOURCE Latteno Food Corp.

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