Monterey Pasta Company announced that it has changed its name to Monterey Gourmet Foods Inc. The company's shareholders approved this change at its July 29, 2004, annual shareholder meeting. The company's stock will continue to trade under the ticker symbol "PSTA," and its flagship pasta and sauce lines will continue to be sold under the Monterey Pasta Company brand name. The new Monterey Gourmet Foods logos can be viewed on the company's websites, www.montereypasta.com or www.montereygourmetfoods.com.
"We've changed our company name to more accurately define our strategic direction," states Jim Williams, Monterey Gourmet Foods' president and chief executive officer. "The name change also announces to the investor community, our customers and consumers that we are now more than just a pasta company."