Exhibit 99.1
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PRO-FAC ANNOUNCES SECOND FISCAL QUARTER 2010 RESULTS
Fairport, N.Y., February 5, 2010…Pro-Fac Cooperative, Inc. (“Pro-Fac” or the “Cooperative”) (Nasdaq-CM: PFACP), an agricultural cooperative, today filed its Report on Form 10-Q for the fiscal quarter ended December 26, 2009 with the Securities and Exchange Commission. The Form 10-Q includes Pro-Fac’s financial results for the second quarter of fiscal year 2010.
For the fiscal quarter ended December 26, 2009, Pro-Fac had net income of $238.1 million resulting primarily from the $238.4 million distribution received from Birds Eye Holdings LLC, net of normal operating expenses of approximately $0.4 million.
ABOUT PRO-FAC:
Pro-Fac Cooperative is an agricultural cooperative that markets crops grown by its member-growers, including fruits (cherries, apples, blueberries, and peaches), vegetables (snap beans, dry beans, beets, peas, sweet corn, carrots, squash, asparagus and potatoes) and popcorn. Only growers of crops marketed through Pro-Fac (or associations of such growers) can become members of Pro-Fac. Pro-Fac’s Class A cumulative preferred stock is listed on The Nasdaq Capital Market under the stock symbol, “PFACP”. More information about Pro-Fac can be found on its web site at http://profaccoop.com/.