Darford Reports Year Ended March 31, 2012 Financial Results

TSX Venture Exchange: "WUF.V"

VERNON, BC, July 4, 2012 /CNW/ - Darford International Inc. ("Darford"), today released its financial results for the year ended March 31, 2012.

Darford's total revenues for the year ended March 31, 2012 were $7,881,440 compared to $5,937,682 for the year ended March 31, 2011. The net loss for the year ended March 31, 2012 was $2,240,739 compared to a net loss of $1,213,522 for the year ended March 31, 2011.

"The 2012 fiscal year certainly presented its difficulties, but the company forged ahead with the launch of the new ZERO/G® pet food into more than 300 retail accounts. By the end of the year, the company experienced lower than anticipated sales trajectory and higher placement costs for the food line. As a result, the company is implementing costs reductions with an eye to regain margin and profits as it re-focuses on its core treat line in the new fiscal year." Darford President and CEO, Darcy Bomford.

Darford markets and manufactures treats and food for dogs under its own Darford^® brand name in Canada and in the United States. Darford also contract manufactures products for well known North American brands.

Management's Discussion and Analysis, audited financial statements and accompanying notes of Darford International Inc. for the year ended March 31, 2012, are available on the Canadian Securities Administrator's website at www.sedar.com.

Forward Looking Statements

Statements contained in this press release, which are not based on historical fact, including without limitation, statements containing the words "may", "will", "plans", "intends", "expects", "anticipates", "believes", "estimate", "continue" and similar expressions, constitute "forward looking information" within the meaning of applicable Canadian securities laws. Forward looking statements contained in this document may involve, but are not limited to, statements relating to the Company's objectives, priorities, strategies, actions, targets, expectations and outlook. Forward looking statements are necessarily based upon assumptions and predictions with respect to the future, including but not limited to, the factors referred to below. As a result, forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied thereby. These risks, uncertainties and other factors include, but are not limited to, changes in the pet products industry and external market factors. In light of these uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward looking statements. Except as required by law, the Company assumes no obligation to update or revise forward looking information to reflect later events or developments.

For more information please visit www.darford.com and www.ilovealldogs.org.

Neither the TSX Venture Exchange nor its Regulation Service provided (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this news release.

Allen Szeliga
Chief Financial Officer
Darford International Inc.
[phone]
[email protected]