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Dave Moran, EVP, President & CEO of Heinz North America, to Present at the Lehman Brothers 2008 Back-to-School Consumer Conference and Origin Agritech issues fiscal 2009 guidance


City of Industry, CA --(www.USEquityNews.com)-- 08/29/2008 - Consumer Goods industry alert provided by U.S. Equity News. H. J. Heinz Company (NYSE:HNZ) today announced that Executive Vice President, President & CEO of Heinz North America, Dave Moran, will present at the Lehman Brothers 2008 Back-to-School Consumer Conference. Mr. Moran will speak on Wednesday, September 3, at 1:30 p.m. ET, focusing on the excellent track record and exciting growth plans for the North America Consumer Products business. Mr. Moran will also address the initiatives underway to restore the U.S. Foodservice business to profitable growth. To access the live webcast and slides, go to www.heinz.com and click on the button for the Lehman Brothers conference. The presentation will be available for playback at the Heinz Web site in an archived format following the conference.


Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that management will participate in the 2008 Hodges Capital Management Investment Forum on September 4, 2008, at the Rosewood Crescent Hotel in Dallas. The investor presentation by Fred Adams, Jr., chairman and chief executive officer, Dolph Baker, president, and Tim Dawson, vice president, chief financial officer, will begin at approximately 10:40 a.m. Central Time on Thursday, September 4, 2008, and will be available to investors via a live audio webcast. A link to the broadcast can be found at the investor relations section of the Company's website, www.calmainefoods.com and a replay will be available for 30 days. Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs. The Company, which is headquartered in Jackson, Mississippi, currently is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 29 states across the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States.

Origin Agritech Ltd. (NASDAQGS: SEED), a Chinese seed company, said Thursday that for the 12 months ending in September it expects adjusted net income of $3 million to $4.5 million. Including a non-cash interest expense, net income is expected to total about $2.65 million, the Beijing-based company said. Revenue for the 12 months is expected to be $75 million to $80 million, up from $65.3 million a year ago. Separately, Origin Agritech said its fiscal third-quarter profit jumped 63 percent as rising selling prices and lower marketing costs expanded gross margins. Shares rose 99 cents, or 21 percent, to $5.73 in midday trading.

NutraCea (OTCBB: NTRZ), a world leader in stabilized rice bran (SRB) nutrient research and technology, recently announced financial results for its second quarter ended June 30, 2008. The Company reported net revenues of $10.3 million for the second quarter of 2008, compared to net revenues of $13.0 million for the second quarter of 2007. The net revenues for the second quarter of 2007 included a one-time license fee of $5.0 million (non-recurring) without which net revenues for the second quarter 2007 would have been $8,000,000. Sequentially, net revenues for the second quarter of 2008 rose 102% over first quarter 2008 net revenues of $5.1 million. The Company's two business segments, NutraCea and Irgovel, recorded net revenues of $3.9 million and $6.4 million, respectively, for second quarter 2008.

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