Organic Food Products Changes Name to Spectrum Organic Products, Inc

Business Wire, Jan 5, 2000

Business Editors/Food & Beverage Writers

PETALUMA, Calif.--(BUSINESS WIRE)--Jan. 5, 2000

Organic Food Products, Inc. (NASDAQ: OFPI), announced that effective January 5, 2000, the Company will begin trading under its new name, Spectrum Organic Products, Inc. The name change was approved by shareholders in connection with the merger with Spectrum Naturals, Inc. and Organic Ingredients, Inc., which closed on October 6, 1999 and became effective on October 20, 1999. Spectrum Organic Products stock will continue to be traded on the NASDAQ Bulletin Board under the trading symbol "SPOP."

"We have made much progress in integrating the companies since the announcement last October. In addition to centralizing administrative functions, we have reorganized the companies into operational divisions to leverage our strengths as well as to better avail ourselves to the many opportunities," said Jethren Phillips, Spectrum Organic Products' new Chief Executive Officer. "To add further depth to the management team, in November Pete Holcombe joined as Vice President of Operations. Pete brings 33 years of food manufacturing experience, most of which was with Anderson Clayton Foods and Arrowhead Mills, an organic grain company. With a full team in place we are looking forward to the opportunities we see for the New Year."

Spectrum Organic Products, Inc. is a leading manufacturer and marketer of organic foods, culinary oils, vinegar's and condiments under the Spectrum Naturals(R), Millina's Finest (R), Garden Valley Organic(TM), Parrot Brand(R) and Grandma Millina's Kids Meals(TM) labels. Additionally, the company is a leading manufacturer and marketer of a line of essential fatty acids nutritional supplementals under the Spectrum Essentials(R) label.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release, which are not historical facts, are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those set forth or implied by forward-looking statements. These risks are described in the company's Securities and Exchange Commission filings.