Merger Forms One Of The Largest Veal Organizations In US

Four companies Catelli Brothers, Delimax Veal Inc., NRV, and Specialty
Meats Inc. have merged to become one of the largest vertically integrated veal
organizations in the U.S. As a result of the merger, they will now be able to
oversee all phases of production and supply to offer a broad range of products
from the finest quality feed to responsible farming of superior calves to
customized cuts of veal and lamb for the food service and consumer retail

Were excited to be merging with companies who share our longstanding
dedication to quality and service, said Tony Catelli, President and CEO,
Catelli Brothers, Inc. They, like us, are family-oriented businesses and have
worked hard to earn a reputation for producing the highest-quality products
using industry-leading food safety and traceability standards.

The new company, now one of the largest veal and lamb purveyors in the country,
will serve the retail and food service industries throughout the U.S. with the
finest quality veal and lamb under such brands as Catelli Brothers, Catelli
Brothers Italian Bistro, Lido Gourmet, Chefs Reserve, and Summit Ridge. All the
merging companies will continue to operate independently under their existing
corporate structures and brand names but through their affiliation these brands
will now have national as well as regional distribution capabilities.

This merger will create a stronger organization that allows us to expand
products and services, both regionally and nationally, better positioning us for
the future, said Jonathan Amidei, Executive Vice President and Chief Operating
Officer, Specialty Meats. Our customers will still receive the same attentive
service and high-quality products theyve come to expect.

Catelli Brothers provides its retail and food service customers with the finest
and freshest all natural, USDA choice veal and fresh American lamb as well as
lamb imported from Australia and New Zealand. Specialty Meats is a purveyor of
distinctive quality milk-fed veal and lamb using a uniquely integrated
production operation with rapid turnaround from its facility near Los Angeles.

This merger will help ensure a vibrant market for our feed customers and will
position us to extend the market for milk-fed calves, said Dale Bakke, General
Manager, NRV. We are looking forward to working with our new partners to
continue to evolve and grow our business.

NRV is a leading producer of premium and high value veal, dairy herd and private
label milk replacers and feed supplements for calf farms throughout the U.S.
Farmers and growers, including Delimax Veal, use such milk replacers as
Nutra-Melk and Real Veal for their veal, dairy and beef calves. Delimax is a
technologically advanced producer of high quality milk-fed veal whose farms
ensure humane standards for the treatment of animals including group housing.

Our farms add supply strength to this new company which we fully expect will
become an increasingly important factor for the national retail and food service
marketplace, said Robert Wynands, President, Delimax Veal.

The merger is effective immediately and the new holding company expects to
finalize a name in early 2010.

For additional information, please contact Michael Cianfrone at 856.782.5609 or

Catelli Brothers, Inc