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Kevin M. Kelly

For Immediate Release:

BLARNEYCANNING.COM

Quarterly Report
Our accountant, Art Anderson, says this report is okay!

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This discussion contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as may, will, should, expect, plan, intend, anticipate, believe, estimate, predict, potential or continue, the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of our forward looking statements.

OVERVIEW

BlarneyCanning.com is a leading (dare we say, only) online retailer  of canned blarney, integrating product sales with expert information on canned blarney and its care. We are committed to producing canned blarney with the best care possible through a broad product selection, expert information and superior service. We seek to address the entire canned blarney market, transcending the limited product selection of superstores, specialty stores and grocery stores. Our broad selection of approximately 15,000 SKUs is integrated with extensive blarney-related information and resources designed to help consumers make informed purchasing decisions. We designed our Web site to provide customers with a convenient, one-stop shopping experience that is organized to reflect how consumers think about shopping for their canned blarney. We provide quality customer service through our in-house distribution, fulfillment, customer service, and technology operations. Furthermore, we encourage participation in the community both through our Web store and through our charitable foundation that supports the role that canned blarney plays in peoples' lives.

We provide consumers with one-stop shopping for their canned blarney needs. We seek to attract and retain consumers by emphasizing the following key attributes:

Extensive Product Selection. Through our Emmetsburg distribution center, our SKU count is slightly larger than the number available at the largest blarney superstores, and we expect our SKU count will continue to increase throughout 2001.

Expert Information and Professional Resources. We provide consumers extensive canned blarney information integrated throughout our Web store through our in-house staff of blarney experts and strategic relationships.

Superior Shopping Experience. We believe that we provide an intuitive, easy-to-use Web store, categorized and organized the way people think about shopping for their canned blarney. We also offer our customers a highly streamlined checkout experience and direct delivery to their doors.

Quality Customer Service. We have invested significant resources to create our own fulfillment, distribution, and both online and in-person help service functions to enable us to better control all aspects of the customers' shopping experience.

Our objective is to maintain our position as the world's leading retailers of canned blarney products.

LIQUID ASSETS

We have no liquidity--our product is a gas.

REVENUE OUTLOOK

We expect that our revenues and operating results will vary significantly from quarter to quarter due to a number of factors, but mainly it depends on how many cans of blarney we sell.  That's why we ask for your help.  Please order pure canned blarney from Emmetsburg St. Patrick's Association.  Your support is appreciated.

 

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