Sunset Brands Updates Acquisition of U.S. Mills; Company Sources Needed Financing

LOS ANGELES, Jun 17, 2005 (BUSINESS WIRE) -- Sunset Brands, Inc. (SSBN), announced today that its previously announced acquisition of U.S. Mills, Inc. is nearing completion. The company has agreed upon terms with certain financing sources on the financing needed to complete the acquisition and is working to complete the closing subject to execution of the final documents.

Todd Sanders, president and chief executive officer of Sunset Brands, said, "We are extremely pleased to be moving towards closing and we expect to close the transaction in the next few weeks."

About Sunset Brands, Inc.

Based in Los Angeles, California, Sunset Brands, Inc. is poised to become a category leader in the high-growth better foods and nutrition categories through the rapid expansion of product lines and the acquisition of appealing nutritional content, healthy, natural/organic and functional food brands. For more information on Sunset Brands, please visit

About U.S. Mills, Inc.

Based in Needham, MA, U.S. Mills, Inc. is a leading independent branded consumer marketer of natural, organic and specialty ready-to-eat cereals, hot cereals, cookies and crackers. The company markets five established brands - Uncle Sam Cereal, Erewhon, New Morning, Farina and Skinner's Raisin Bran - in all 50 states, Canada and Puerto Rico. The brands are sold through supermarkets, mass merchandisers, wholesale grocers, natural food distributors and specialty food distributors. For more information on U.S. Mills, please visit

Safe Harbor

Some statements in this press release are forward looking, within the meaning of the federal securities laws, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows. Certain statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by the words like "strategy", "expects", "plans", "believes", "will", "estimates", "intends", "projects", "goals", "targets", and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Sunset Brands Inc. undertakes no obligation to update such statements. For these statements, we claim the protection of the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. For further information on factors that could impact Sunset Brands Inc. and statements contained in this press release, reference should be made to Sunset Brands Inc. filings with the Securities and Exchange Commission. (

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