Red Mango, Inc. and YoCream International Announce Exclusive Custom Manufacturing Agreement

12/09/07 Red Mango, Inc. made public its strategic alliance with YoCream International, the leading producer of frozen yogurt. YoCream became the exclusive manufacturer for Red Mango's proprietary natural yogurt formula when introduced in the U.S. earlier this year.

Red Mango executives worked closely with YoCream's research and development team in the development of Red Mango's signature natural frozen yogurt formula. The two companies joined forces in January 2007. "It was a natural association," said Red Mango president and CEO Dan Kim. "Both Red Mango and YoCream share the mission of promoting good health and well-being with yogurt-based foods made with natural ingredients, nutrients and probiotics."

"We are excited to be working together to develop and advance the rapidly growing category of probiotics and authentic frozen yogurt," said Kim. "Not only does YoCream have an excellent reputation, a first-rate management team and strong presence in the frozen yogurt category, they also share our vision of materializing the concept of healthy indulgence. Red Mango's recent certification by the National Yogurt Association's Live and Active Culture Seal Program could not have been achieved without YoCream's commitment to the field of probiotics, and its dedication to promoting good health with delicious and nutritious yogurt products."

"We are pleased to have established a custom manufacturing agreement with Red Mango, a company who has already established dominance in South Korea, and one we believe will become a leading retailer of natural frozen yogurt in the United States," said John Hanna, CEO and Chairman of YoCream. "YoCream and Red Mango both share a strong commitment to leadership in yogurt products rich in probiotics."