Agritechnics Group is suing Sadia S.A. (NYSE symbol: SDA) and its subsidiary Wellax Food Logistics for misappropriation of one million four hundred thousand United States Dollars based on a fraudulent transaction; the lawsuit was filed in Georgia on October 5th, 2007, alleging that on February 7 2007, Adriano Lima Ferreira and Alvaro Ballejo Fiuza de Castro both attorneys of Sadia and Wellax Food Logistics submitted a fraudulent statement to Deutsche Bank SA Brazil based on which the value of a Bank Guarantee of One million four hundred thousand United States Dollars was embezzled from the claimant.

“- Whether you are a listed company or not, business ethics should always remain the guideline and therefore we were shocked to find out that a large listed company like Sadia could get bluntly involved in such dealings” commented Fady Asly, President and CEO of Agritechnics Group.

Sadia S.A. (SDA) is a listed refrigerated and frozen protein products company, operating worldwide in the processed product, poultry and pork and beef segments out of its headquarters in Brazil.

The Agritechnics Group has been operating in Georgia since 1998 and is well known for its high quality food products, reliable service and competitive prices. It has fairly been holding its good name and solid reputation through years of progressive operation in South Caucasus and Central Asia. http://www.agritechnics.net