Komo
Plant Based Foods Introduces Komo Plant-Based Desserts
Line
Vancouver,
B.C. - January 27, 2021 -- InvestorsHub NewsWire -- Komo Plant
Based Foods Inc. (CSE: YUM)
(OTCQB:
KOMOF)
(FRA:9HB) ("Komo"), a premium plant-based food company, is
pleased to announce the launch of new products as part of its
plant-based desserts line. This week Komo launched three variations of a
vegan and gluten-free cheesecake made with cultured coconut yogurt
(from Yoggu Foods) and Cashew with an oat crust, which include a
Vanilla Cheezecake, a Mango Cheezecake and a Strawberry Cheezecake.
Since September
2021, Komo has been developing the cheezecakes in its research and
development test kitchen. Each product developed by Komo uses 100%
plant-based and wholesome ingredients to create premium comfort
favourites that make plant-based eating easy yet ultimately
satisfying.
The new dessert
line is available this week through Komo Eats, which is available
for delivery by Uber Eats and SkiptheDishes in Metro
Vancouver. The goal is to test launch new
products locally with the intention of garnering initial consumer
feedback. This feedback will be used as a guide for ensuring the
product meets customer expectations and validates the demand of new
ideas. If the cheezecakes are well received, then Komo will scale
up manufacturing for a nationwide launch through retail channels
later this year.
"As a plant-based
consumer, I've noticed it's often difficult to find products that
are made with good ingredients, vegan, convenient and satisfy the
sweet cravings," said Jeffrey Ma, President and CEO of Komo's
operating subsidiary Komo Plant Based Comfort Foods. "We're pleased
to share the cheezecakes we've been working on for the past few
months. Everything we make is aimed to make plant-based eating
easier without giving up taste or ingredients. With the launch of
Komo Eats, we now have a platform to introduce new products rapidly
to the market and take bolder moves. Naturally, desserts and sweets
are the next extension of our plant-based comfort foods
platform."
Mr. Ma oversees
the Komo plant-based innovation team and has overseen the launch of
all of Komo's products. He gained experience in plant-based food
development when he was the R&D Project Lead at Daiya Foods
Inc. from 2012 to 2015 and as the Research and Innovation Manager
at Vega (Danone Company) from 2015 to 2019.
The plant-based
desserts are the fourth line of plant-based products that Komo has
launched in the past year. The first was Komo's ready-to-bake
comfort classics, launched in March 2021, with plant-based lasagna,
shepherd's pie and chickenless pot pie. Komo launched a second
line, Komo Plant-Based Meal Helpers, in June 2021, as versatile
meal starters to allow the creation of many dishes at home. Komo
Eats launched ready to eat mac and cheeze bowls and wraps through
online delivery apps Uber Eats and Skip the Dishes in November
2021.
The global
plant-based dessert market size had a value of $2.77-billion (U.S.)
in 2019 and is expected to grow at a compound annual growth rate of
10 per cent from 2020 to 2027, according to Grandview
Research.
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.
