REDWOOD CITY, CA -- (MARKET WIRE) -- 01/26/07 -- ConAgra Foods, Inc., one of North America's leading packaged food companies, has selected Informance International to help manage its previously announced initiatives to streamline operations and reduce operating costs. ConAgra Foods will partner with Informance to establish a unified view of its manufacturing assets and opportunities for improved efficiencies across the enterprise.

Informance, a leader in Enterprise Manufacturing Intelligence (EMI) solutions, recently announced a new release of their EMI solution for companies eager to accelerate improvement initiatives, drive operating strategies and obtain actionable insight for operational performance. Informance is the only EMI solutions provider that delivers the top three critical capabilities as prescribed by leading analysts to drive better business decisions: multi-site performance analysis, enterprise visibility of production financial performance and data aggregation from multiple plant facilities.

"We are honored to work with ConAgra Foods, a company recognized for excellence in their product lines and their commitment to operational excellence," said Sunil Singh, CEO and President of Informance International. "We enjoy working with companies like ConAgra Foods to quickly improve operating efficiencies so that they can increase and sustain their competitive advantage."

"After a thorough search and evaluation, we selected Informance based on their ability to deliver results, high-quality analytics, fast time-to-value and domain expertise in manufacturing," concluded David Kaissling, Vice President, Process Transformation.

About Informance International

Informance delivers Enterprise Manufacturing Intelligence (EMI) solutions to help clients accelerate operational performance initiatives, drive operating strategies and capture actionable insight; measured by speed-to-value. Clients quickly unlock hidden capacity, increase productivity without additional capital investment, reduce inventory and labor costs, and increase working capital. To learn more, call 1-877-464-6262 or e-mail info@informance.com. For more information, visit www.informance.com or contact:

       Diane Murray, Marketing Communications Manager
       Diane.Murray@Informance.com
       (847) 498-1844 ext. 235

About ConAgra Foods, Inc.

ConAgra Foods, Inc. (NYSE: CAG) is one of North America's leading packaged food companies, serving consumer grocery retailers, as well as restaurants and other foodservice establishments. Popular ConAgra Foods consumer brands include: Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville Redenbacher's, PAM and many others. For more information, please visit www.conagrafoods.com or contact:

       Stephanie Childs, Director, Communication
       (402) 595-6258

Note on Forward-Looking Statements: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current views and assumptions of future events and financial performance and are subject to uncertainty and changes in circumstances. The company undertakes no responsibility to update these statements. Readers of this release should understand that these statements are not guarantees of performance or results. Many factors could affect the company's actual financial results and cause them to vary materially from the expectations contained in the forward-looking statements. These factors include, among other things, future economic circumstances, industry conditions, availability and prices of raw materials, product pricing, competitive environment and related market conditions, operating efficiencies, the company's ability to execute its operating and restructuring plans, access to capital, actions of governments and regulatory factors affecting the company's businesses and other risks described in the company's reports filed with the Securities and Exchange Commission. The company cautions readers not to place undue reliance on any forward-looking statements included in this release, which speak only as of the date made.

Contact:

Informance International
Diane Murray
Marketing Communications Manager
Email Contact
(847) 498-1844 ext. 235

ConAgra Foods, Inc.
Stephanie Childs
Director, Communication
(402) 595-6258