<html xmlns="http://www.w3.org/1999/xhtml" xmlns="http://www.w3.org/1999/xhtml">
 <head xmlns="http://www.w3.org/1999/xhtml">
 <title xmlns="http://www.w3.org/1999/xhtml"></title>
 </head>
 <body xmlns="http://www.w3.org/1999/xhtml">
 
 Armanino Foods of Distinction, Inc. AMNF today reported its 
 highest quarterly net sales and earnings ever, as well as record 
 breaking sales and earnings for the six month period ending June 30, 
 2017.
 
 
 Net sales for the second quarter ended June 30, 2017 were $10,264,703 
 compared to $8,704,319 for the same period last year, an increase of 
 18%. Income from operations for the second quarter of 2017 was 
 $2,000,667 compared to $1,735,629 for the comparable quarter a year ago, 
 an increase of 15%. Earnings per share for the second quarter of 2017 
 was $0.0399, compared to $0.0341 for the same quarter a year ago, an 
 increase of 17%.
 
 
 Net sales for the six months of 2017 were $19,352,716 compared to 
 $17,695,561 for the same period last year, an increase of 9%. Income 
 from continuing operations in this period for 2017 were $3,736,541, 
 compared to the 2016 figure of $3,456,989, an increase of 8%. Earnings 
 per share for the six months of 2017 amounted to $0.0746 compared to the 
 $0.0679 posted for the same period in 2016, an increase of 10%.
 
 
 Edmond J. Pera, President and CEO of Armanino Foods stated, "We are very 
 pleased with our record breaking results for this quarter. Sales to our 
 existing customer base were strong across all product categories this 
 period. Existing customer sales were augmented by sales to new US based 
 customers who initiated strong inventory positions of our products 
 because of strong demand. Sales in our Asian markets were higher this 
 quarter than the same period last year; however, year to date sales are 
 still down."
 
 
 Pera continued, "While we are obviously pleased with our results so far 
 in 2017 we remain cautiously optimistic about our financial performance 
 for the remainder of this year. Although our current sales pipeline is 
 strong, we don't believe that the high rate of growth we experienced in 
 the second quarter will be repeated in the next two quarters, 
 particularly since business from a previously announced new customer has 
 been delayed for consideration into 2018. We remain guarded with our 
 outlook in our Asian markets because weak economic conditions continue 
 to plague that part of the world."
 
 
 Pera concluded, "Our cash position remains strong. After reaching the 
 half way mark on our plant expansion project we remain on schedule and 
 within budget. As of the end of the second quarter, we have invested 
 approximately $1.4 million on this project."
 
 
 Armanino Foods of Distinction, Inc. is an international food company 
 that manufactures and markets frozen Italian specialty food items such 
 as pestos, sauces and filled pastas to the foodservice, retail, and 
 industrial markets. In addition to a classic Basil Pesto Armanino offers 
 other flavors such as Cilantro, Dried Tomato &amp; Garlic, Roasted Red Bell 
 Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, Light Basil 
 Pesto, Alfredo sauce, and Bolognese sauce. Armanino's Organic line 
 includes classic Basil Pesto. Frozen pastas and meatballs are also 
 offered by Armanino Foods.
 
 <table xmlns="http://www.w3.org/1999/xhtml" cellspacing="0" class="bwtablemarginb">
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" colspan="5">
  
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignt bwalignc" colspan="5">
 Armanino Foods of Distinction, Inc.
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignt bwalignc" colspan="5">
 Results for Quarter Ended June 30, 2017 (Unaudited)
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" colspan="5">
  
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
  
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 
 2017
 
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
  
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 
 2016
 
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Net Sales
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $10,264,703
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $8,704,319
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Income From Cont. Operations Before Taxes
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $2,000,667
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $1,735,629
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Net Income
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $1,280,427
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $1,093,446
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Basic Income Per Common Share
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $0.0399
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $0.0341
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Weighted Average Common Shares Outstanding
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 32,065,645
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 32,065,645
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Diluted Income/(Loss) Per Common Share
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $0.0399
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $0.0341
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Diluted Weighted Average Common Shares Outstanding
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 32,065,645
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 32,065,645
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" colspan="5">
  
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignt bwalignc" colspan="5">
 Armanino Foods of Distinction, Inc.
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignt bwalignc" colspan="5">
 Results for Six Months Ending June 30, 2017 (Unaudited)
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" colspan="5">
  
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 
 2017
 
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 
 2016
 
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Net Sales
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $19,352,716
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $17,695,561
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Income From Cont. Operations Before Taxes
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $3,736,541
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $3,456,989
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Net Income
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $2,392,038
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $2,177,903
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Basic Income Per Common Share
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $0.0746
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $0.0679
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Weighted Average Common Shares Outstanding
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 32,065,645
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 32,065,645
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Diluted Income/(Loss) Per Common Share
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $0.0746
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 $0.0679
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwvertalignt bwalignl">
 Diluted Weighted Average Common Shares Outstanding
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 32,065,645
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml">
 </td>
 <td xmlns="http://www.w3.org/1999/xhtml" class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl">
 32,065,645
 </td>
 </tr>
 <tr xmlns="http://www.w3.org/1999/xhtml">
 <td xmlns="http://www.w3.org/1999/xhtml" colspan="5">
  
 </td>
 </tr>
 </table>
 
 This press release contains forward-looking statements within the 
 meaning of U.S. securities laws, including statements regarding the 
 Company's goals and growth prospects. These forward looking statements 
 are subject to certain risks and uncertainties that could cause the 
 actual results to differ materially from those projected, including 
 general economic conditions, fluctuations in customer demand, 
 competitive factors such as pricing pressures on existing products, and 
 the timing and market acceptance of new product introductions, the 
 Company's ability to achieve manufacturing efficiencies necessary for 
 profitable sales at current pricing, and the risk factors listed from 
 time-to-time in the Company's annual and quarterly reports. The Company 
 assumes no obligation to update the information included in this press 
 release.
 
 
 The best source of information on the company is the OTC Markets website <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.otcmarkets.com%2Fstock%2Famnf%2Fcompany-info&amp;esheet=51589106&amp;newsitemid=20170714005364&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.otcmarkets.com%2Fstock%2Famnf%2Fcompany-info&amp;index=1&amp;md5=a00d56d07340ab75262fa8206f6818fa" rel="nofollow" rel="nofollow">http://www.otcmarkets.com/stock/amnf/company-info</a>, 
 or the Company website <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.armaninofoods.com&amp;esheet=51589106&amp;newsitemid=20170714005364&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.armaninofoods.com&amp;index=2&amp;md5=1abbb93ff2f74930906f69d97573beeb" rel="nofollow" rel="nofollow">http://www.armaninofoods.com</a>
 
 
 
 <img xmlns="http://www.w3.org/1999/xhtml" alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20170714005364r1&amp;sid=benz2&amp;distro=nx&amp;lang=en"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.businesswire.com/news/home/20170714005364/en/" rel="nofollow" rel="nofollow">http://www.businesswire.com/news/home/20170714005364/en/</a></body></html>

Press Releases

Armanino Foods of Distinction, Inc. Reports Highest Quarterly Net Sales and Earnings in its History - Armanino Foods (OTC:AMNF)

Armanino Foods

AMNF

Armanino Foods of Distinction, Inc. Reports Highest Quarterly Net Sales and Earnings in its History

BMV:ORBIA


Orbia Advance Corporation, S.A.B. de C.V. (BMV:ORBIA) (&#34;the Company&#34; or &#34;Orbia&#34;) today released unaudited results for the first quarter of 2024.


Orbia&#39;s first quarter performance reflects the continued weakness in the

Orbia Announces First Quarter 2024 Financial Results


AIDS Healthcare Foundation applauds the government of Colombia for issuing a compulsory license on HIV drug dolutegravir, which will allow the country to access affordable generic versions of the treatment as an

AHF Praises Colombia for Putting Lives Before Pharma Greed


Freeport-McMoRan Inc. (NYSE:FCX) today announced the publication of its 2023 Annual Report on Sustainability detailing its environmental, social and governance performance during the year. This report marks FCX&#39;s 23rd

Freeport-McMoRan Publishes 2023 Annual Report on Sustainability



Delivers $0.36 of diluted earnings per share (EPS), a slight year-over-year decrease of $0.01



Invests $69 million in infrastructure



Secures 10.01% Water Cost of Capital Mechanism (WCCM)-adjusted return on equity

SJW Group Announces First Quarter 2024 Financial Results

TBBB


BBB Foods Inc. (&#34;Tiendas 3B&#34; or the &#34;Company&#34;) (NYSE:TBBB), a leading grocery hard discounter in Mexico, announced today its consolidated results for the fourth quarter of 2023 (4Q23) and full fiscal year 2023 ended

Tiendas 3B 4Q23 &amp; FY2023 Earnings Release


MoneyLion Inc. (&#34;MoneyLion&#34;) (NYSE:ML), a leader in financial technology powering the next generation of personalized products and content, today announced its participation at the following investor conferences in