Organic to Go Expansion

"What is growing even faster than the booming organic industry in the United States, now boasting a 17 percent growth rate in 2006? The answer is organic foodservice.

The rapidly growing organic sector's growth is evidenced by the recent commitment from institutional investors of $6.35 million of equity into Organic To Go (OTCBB:OTGO - News). The financing is targeted to help fund further expansion for the company, which posted a 61% growth rate in 2006.

Organic To Go, with a growing presence in Seattle, WA, Los Angeles and Orange County, CA, and boasting more than 50 grab-and-go outlets and 14 total retail cafes, will utilize the new capital to pursue entry into a new market as well as to expand existing corporate catering services, new retail cafes and outlets. The next two cafes are expected to open in July in Woodland Hills, CA, making for a total of ten Organic To Go cafes in Southern California."

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