“Through the first nine months of this year,” said William Armanino, the company’s President and CEO, “our sales are up 15%, our net income is up 65% and our earnings per share have more than doubled over the same period last year.  We are confident that we are headed for a record full year in sales and earnings.

We have more than $1.6 in cash and cash equivalents on hand, and can meet the growing demands for our products as well as meet our capital investment needs. In this perspective, we wanted to share our progress with the shareholders who have shown so much confidence in our company.”

Although these dividends will not actually be paid until next month, for 2006 AMNF declared 7.5 cents per share in regular and special dividends. The company calculates that at recent share prices, this is a yield of about 9% per annum per share.

Armanino is an international food company that manufactures and markets frozen Basil pesto sauce and numerous other sauces such as Cilantro, Dried Tomato Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Mushroom, Alfredo and organic sauces, filled pasta products, meatballs, cooked poultry products, garlic spreads and Focaccia to the food service, industrial, institutional industry.

Armanino Foods is listed under the stock symbol AMNF.PK

For further information, please contact:
Don Rosendale, Don Rosendale & Partners
(845) 373-9017, DonPR1@aol.com