Else Prepares for Production of Ready-To-Drink Kids' Nutritional Shakes Ahead of Multi-Channel Rollout in US and Canada
11 Outubro 2023 - 8:30AM
ELSE NUTRITION HOLDINGS INC.
(BABY)
(BABYF)
(0YL.F) ("Else" or the
"Company"), announces that the inaugural
commercial production run of its innovative Ready-To-Drink (RTD)
Kids' Nutritional Shakes will commence in late October, producing
for both the US and Canadian markets. The first-of-its-kind, whole
plant-based RTD products are set to be shipped to over 400 leading
stores in the United States, over 200 leading grocery locations in
Canada, and a major international online natural marketplace by the
end of December 2023, for sale in Q1 2024. The broad retail
distribution in respective regional markets will mark
first-to-market listing programs and represents a significant step
forward in Else’s market penetration.
“We are pleased with our production schedule
confirmation, confident in our production partners, and stand ready
to ship and collaborate with our superb grocery chain partners on
both sides of the border, for an exciting and innovative launch.
These partnerships and their approval of early shipments, as well
as “first-to-market” arrangements, illustrate their trust in our
brand and our overall mission of making plant-based nutrition
readily accessible to wider North American audiences,” said Hamutal
Yitzhak, CEO and Co-Founder of Else Nutrition.
To delve deeper into Else Nutrition's offerings
and its revolutionary approach to kids' nutrition, visit
www.elsenutrition.com
About Else Nutrition Holdings
Inc.
Else Nutrition Holdings Inc. (TSX: BABY, OTCQX:
BABYF, FSE: 0YL) is a food and nutrition company in the
international expansion stage focused on developing innovative,
clean, and plant-based food and nutrition products for infants,
toddlers, children, and adults. Its revolutionary, plant-based,
non-soy formula is a clean-ingredient alternative to dairy-based
formulas. Since launching its Plant-Based Complete Nutrition for
Toddlers, made of whole foods, almonds, buckwheat, and tapioca, the
brand has received thousands of powerful testimonials and reviews
from parents, gained national retailer support, and achieved rapid
sales growth.
Awards and Recognition:
-
"2017 Best Health and Diet Solutions" award at Milan's Global Food
Innovation Summit
-
#1 Best Seller on Amazon in the Fall of 2020 in the New Baby &
Toddler Formula Category
-
“Best Dairy Alternative” Award 2021 at World Plant-Based Expo
-
Nexty Award Finalist at Expo West 2022 in the Plant-Based lifestyle
category
-
During September 2022, Else Super Cereal reached the #1 Best Seller
in Baby Cereal across all brands on Amazon
Investor Relations Contact:
David Waldman / Alexandra SchiltCrescendo
Communications, LLCOffice: (212) 671-1020 Ext:
305Email: baby@crescendo-ir.com
TSX
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release.
Caution Regarding Forward-Looking
Statements
This press release contains statements that may
constitute "forward-looking statements" within the meaning of
applicable securities legislation. Forward-looking statements are
typically identified by words such as "will" or similar
expressions. Forward-looking statements in this press release
include statements with respect to the anticipated dates for filing
the company's financial disclosure documents. Such forward-looking
statements reflect current estimates, beliefs, and assumptions,
which are based on management's perception of current conditions
and expected future developments, as well as other factors
management believes are appropriate in the circumstances. No
assurance can be given that the foregoing will prove to be correct.
Forward-looking statements made in this press release assume, among
others, the expectation that there will be no interruptions or
supply chain failures as a result of COVID-19 and that the
manufacturing, broker, and supply logistic agreement with the
company does not terminate. Actual results may differ from the
estimates, beliefs, and assumptions expressed or implied in the
forward-looking statements. Readers are cautioned not to place
undue reliance on any forward-looking statements, which reflect
management's expectations only as of the date of this press
release. The company disclaims any obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events, or otherwise, except as required by
law.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/291a24e7-13fb-4478-bc04-6b70a9f58b95
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