CybeRelease: (OTC: AFHD) Gets Target Price of $.40 by Beacon Equity Research

(CybeRelease, May 30, 2007) - Lake Harmony, PA - American Food Co., Inc. (OTC PK: AFHD) has been rated “Speculative Buy” with a target price of $.40 by Beacon Equity Research Analyst, Lisa Springer, CFA.

The full report is available at http://www.BeaconEquityResearch.com

Anyone interested in receiving alerts regarding American Food Co., Inc. research should email members@beaconequityresearch.com with “AFHD” in the subject line.

In the report, the analyst writes, “American Food Co., Inc manufactures and markets beef jerky and other snack foods under the ”Reinhold & Timko Beef Snacks“ brand name. The Company’s jerky product line includes items made from premium cuts of beef, chicken and turkey. American Food supplies products to more than 300 distributors across the US.”

“The Company is planning to expand its largely regional base of operations through the introduction of an outlet marketing division - Beef Jerky Outlet Corp. (BJO). BJO will play a pivotal role in its expansion plans by authorizing new franchisees and distributors.”

Other companies in the beef snack market include Frito Lay (NYSE: PEP), ConAgra Foods (NYSE: CAG) and Bridgford Foods Corp. (Nasdaq: BRID).

To read the complete release, go to http://biz.yahoo.com/bw/070530/20070530005365.html?.v=1

CybeRelease Gainers are XOMA Ltd. (Nasdaq: XOMA), Informatica Corporation (Nasdaq: INFA), Altair Nanotechnologies Inc. (Nasdaq: ALTI), Trico Marine Services, Inc. (Nasdaq: TRMA), Myriad Genetics, Inc. (Nasdaq: MYGN), Acacia Research Corporation (Nasdaq: ACTG), MRV Communications, Inc. (Nasdaq: MRVC) and Echelon Corporation (Nasdaq: ELON).

CybeRelease Decliners are EarthLink, Inc. (Nasdaq: ELNK), Art Technology Group, Inc. (Nasdaq: ARTG), Quality Systems, Inc. (Nasdaq: QSII), Take-Two Interactive Software, Inc. (Nasdaq: TTWO), Akamai Technologies, Inc. (Nasdaq: AKAM), American Capital Strategies, Ltd. (Nasdaq: ACAS), Pharmaceutical Product Development, Inc. (Nasdaq: PPDI) and Sina Corporation (Nasdaq: SINA).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $500.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation, do no trading of any kind and send No Faxes or Emails.

Contact Information

C. P. Barry

Media Contact

CybeRelease.com

Contact via E-mail