Komo Plant
Based Foods Launching in 33 Loblaws Your Independent Grocer
Stores
Vancouver, B.C. - February
4, 2022 -- InvestorsHub NewsWire -- (CSE: YUM)
(OTCQB:
KOMOF)
(FSE:
9HB) ("Komo"), a premium plant-based food start-up, is
pleased to announce that 6 Komo frozen plant-based products have
been planogramed on shelf for 33 Loblaws banner Your Independent
Grocer (YIG) stores, which include Komo's Ready-to-Bake Classics
and Meal Helpers. Komo's products are expected to be on the
shelves of Loblaws YIGs by March 2022.
Your Independent Grocer stores are vital
neighbourhood markets serving communities from capital cities such
as Whitehorse, Edmonton and Saskatoon to high-profile, global
tourist destinations like Whistler, BC and the Okanagan Valley. The
initial 33 locations which will carry Komo products are located in
Western Canada. Distribution will be throughout western
Canada from Vancouver Island east to Regina, and north through
British Columbia and Alberta to Yellowknife in the
Yukon.
6 Komo frozen SKU's are expected
to be in the initial 33 locations by this March.
"It's a huge accomplishment for Komo to
launch into a Loblaws' owned chain within one year of introducing
our plant-based brand. Loblaw's has Canada's largest and highest
volume chain of retailers, its stores reaching 90% of Canadians,"
says Komo CEO William White. "We are thrilled to share shelf space
with established Loblaw brands on shelves across 3 western
Provinces and 2 Northern Territories. We anticipate that this
strong Canadian roll out will be replicated in our United States
expansion, which is now in progress."
About Your Independent
Grocer
Your Independent Grocer is a Loblaws banner
supermarket chain in Canada with more than 100 locations. It has
stores in every province and territory except Manitoba, Nunavut,
and Quebec. It is a unit of National Grocers, itself a unit of
Loblaw Companies Limited. It contains the Loblaws banner in its logo
and it sells Bakery, dairy, deli, frozen foods, gardening centre,
general grocery, general merchandise, meat & poultry, pharmacy,
Photolab, produce, seafood and snacks. Loblaw is the largest
Canadian food retailer, and its brands include President's Choice,
No Name and Joe Fresh. Loblaw Companies Limited is a Canadian
retailer encompassing corporate and franchise supermarkets
operating under 22 regional and market-segment banners, as well as
pharmacies, banking and apparel. In addition to Your Independent Grocer, it
owns Real Canadian Superstore, Shoppers Drug Mart, No Frills,
Loblaws and President's Choice.
About
Komo
Komo Plant Based Foods Inc. is a
premium plant-based food company that develops, manufactures and
sells a variety of plant-based frozen meals that are always hearty,
satisfying, and made with wholesome ingredients. At Komo, our
mission is to help make plant-based meals a staple on every dinner
table by sharing our love for feel-good food that connects the
people to the planet. We believe plant-based eating is the future
and - Change can start with a single biteTM.
Our experienced plant-based innovation and development team
recreates vegan versions of traditionally cheesy and meaty
classics, with 100% plants. Komo's products are sold
direct-to-consumer through our eCommerce website and a distribution
network of online and brick and mortar grocery, convenience and
natural retailer channels. Our operating subsidiary Komo Comfort
Foods launched in 2021 with our flagship products: plant-based
Lasagna, Shepherd's Pie and Chickenless Pot Pie and has recently
launched a new line - Komo Plant-Based Meal
HelpersTM
- versatile meal starters to
allow the creation of many dishes at home. All of our products are 100%
plant-based, made with wholesome ingredients, free from
preservatives, and frozen for freshness. Freezing products is a natural and effective
way of keeping food products for longer without having to use any
preservatives. Komo's meals have a 1-year frozen shelf life. Komo
also sells ready-to-eat meals in Metro Vancouver through Uber Eats
and Skip the Dishes.
Learn more at: www.komocomfortfoods.com
and follow on Instagram:
@komocomfortfoods
For further information, please
contact:
William White, President &
CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882
The Canadian Securities Exchange
has not reviewed, approved or disapproved the contents of this news
release.
Cautionary
Statement Regarding Forward-Looking Statements
Certain
statements contained in this press release constitute
forward-looking information. These statements relate to future
events or Komo's future performance. The use of any of the words
"could", "expect", "believe", "will", "projected", "estimated" and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on Komo's current belief or assumptions
as to the outcome and timing of such future events. Actual future
results may differ materially. In particular, Komo's product
development plans, its ability to launch its products on food
delivery apps, its ability to retain key personnel, its revenues,
and its expectation as to the acceptance of its products by
retailer stores and consumers constitute forward-looking
information. Actual results and developments may differ materially
from those contemplated by forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking
information. The statements made in this press release are made as
of the date hereof. Komo disclaims any intention or obligation to
publicly update or revise any forward-looking information, whether
as a result of new information, future events or otherwise, except
as may be expressly required by applicable securities
laws.