Petrone Worldwide Opens Distribution Center in Miami, Florida

Facility will cater to overseas manufacturing companies for their distribution and logistics needs in United States


Weston, FL , Feb. 08, 2016 (GLOBE NEWSWIRE) -- Petrone Worldwide (PFWI) a leader in the Food Service Hospitality Industry with global operations has opened a warehousing center operation in Miami, Florida to provide contract logistics, and customer-focused solutions to a wide range of industries including consumer, retail, engineering, manufacturing, life sciences and healthcare. PFWI’s innovative supply chain solutions, skilled people and regional coverage bring together all aspects of contract logistics in addition to a wide range of integrated, value-added and specialized services.

About PFWI

Petrone Worldwide, Inc. Petrone Worldwide (PFWI) is a leader in Food Service Hospitality with global operations. Besides undertaking third party logistics for overseas manufacturing companies looking to sell their goods in North America, PFWI sells and markets products under its own proprietary name and acts as distributor for a wide variety of companies to the hospitality trade.

PFWI, has partnered with Evolution Logistics Corp a Miami based logistics company to manage all its transportation, warehousing and distribution from origin to the entire USA. Evolution Logistics is a reputable freight forwarder company that specializes in distribution to big box retailers, roll outs, and expedites cargo. Evolution Logistics has a state of the art operational platform with top of the line technology that provides visibility from the PO level to the final mile distribution.  

“We evaluated many companies to determine the functionality that would best fit our organization. Evolution is the ideal organization based on its ability to augment our current capabilities and its significant market strength in the logistics and warehousing segment," said Victor Petrone, CEO, Petrone Worldwide. “We believe we can see tremendous growth and add valuable new customers to the wide array of high profile customers that we currently service. We have grown to a point that in order to expand and support the growing needs of our customers, we must partner with an organization such as Evolution. We are all very excited and look forward to working with the team." With the addition of these capabilities Petrone Worldwide is able to drive value for its customers through lower costs and faster time-to market.


This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is intended to qualify for the safe harbor from liability created by those laws. When used in this press release, the words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan”, “potential”, “predict”, “project”, “should”, “will”, and similar expressions, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such statements involve known and unknown risks and uncertainties, many of which are beyond our control. All statements, other than statements of historical facts included in this press release regarding our strategy, future operations, financial position, prospects, plans and objectives of our management are forward-looking statements. Our actual results could differ materially and adversely from those anticipated in such forward-looking statements as a result of certain factors, including, but not limited to, the success of our on-going product development efforts, adverse results of any legal proceedings, diverse economic and competitive conditions, and any such difference may be caused by risk factors listed from time to time in the Company’s press releases and/or its filings with the OTC Markets or as a result of other factors. We undertake no obligation to publicly update or revise any forward-looking statement to reflect actual results or changes in assumptions or other factors that could affect those statements.


            

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