Pop N Go, Inc. Reports 910 Percent Quarterly Revenue Gain

Pop N Go, Inc. announced revenues for the fiscal first quarter ended Dec. 31, 2007 totaled $268,656 compared with $29,506 for the corresponding three months in fiscal year 2007, amounting to a 910 percent quarterly revenue gain. The company narrowed its operating loss for the corresponding quarters from $797,300 to $338,160 representing a 58 percent reduction in its net loss from operations.

"We are very pleased that we were able to accelerate our 2007 fiscal year growth in the first fiscal quarter of 2008. We were able to achieve much of this expansion by growing our marketing alliances with established vending operators and foodservice distributors and by selling machines through our turn key management program," said Melvin Wyman, chief executive officer, Pop N Go, in a prepared statement. "We expect the successful launch of our California schools program will allow us to deploy our award winning, patented popcorn vending machines at an increasing pace. The demand for healthy snacks in schools, hospitals, corporate cafeterias and public venues is expected to continue to provide an important source of recurring revenue in the coming years. Our leading-edge product line has positioned the company to take advantage of the explosive growth expected in the healthy snacks industry."