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Vista Partners Initiates Coverage on MGF

For Immediate Release
December 2, 2005

Contact: Jim Williams, CEO, jimw@montereygourmetfoods.com
Scott Wheeler, CFO, scottw@montereypasta.com

SALINAS, CA (12/2/2005)Monterey Gourmet Foods (NASDAQ: PSTA) announced today that Vista Partners, an independent research firm, recently initiated coverage on the company. Vista Partners provides independent, equity research for institutional and individual investors, with a focus on publicly traded small cap companies with a market capitalization between $5 million and $250 million. Ross Silver and Jeremy Thum of Vista Partners issued the report on Monterey Gourmet Foods. Located in San Francisco, California, Vista Partners can be reached at (415) 957-0188 or www.vistap.com

Founded in 1989, Monterey Gourmet Foods now markets more than 200 different fresh gourmet food products for the premium food consumer that are distributed in more than 9,700 retail and club stores throughout the United States, selected regions of Canada, the Caribbean, Latin America and Asia Pacific. Monterey Gourmet Foods continues to introduce new product lines such as refrigerated and frozen entrees, grilled wraps and whole wheat pastas that are focused outside of its traditionally strong base of pastas and sauces. Recent acquisitions of Casual Gourmet Foods and Sonoma Cheese Company have allowed the Company to expand into the areas of award-winning sausages, premium refrigerated soups and gourmet cheeses, building a diversified and stable platform for growth that minimizes dependence on one product category or distribution channel. For more information about Monterey Gourmet Foods, visit www.MontereyGourmetFoods.com.

 

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