Stryve Foods, Inc. (OTC: SNAX) (“Stryve” or the “Company”), a
leader in high-protein, better-for-you snacking, is proud to
announce the launch of four new, innovative products designed to
meet evolving consumer demand for ultra-clean, high-protein, and
flavorful meat snacks. The new lineup includes items for both the
Stryve and Vacadillos brands. For Stryve, the Company is excited to
introduce Stryve Original Brisket Slices as well as extending its
flagship Original and Hickory flavors into grass-fed offerings of
Stryve Grass-Fed Original and Stryve Grass-Fed Hickory. The Company
is also introducing Vacadillos Carne Asada a bold extension of the
Vacadillos lineup of products. Each of these items has been
carefully crafted to deliver bold flavors, clean ingredients, and
superior nutrition in a convenient, on-the-go format.
"As consumers continue prioritizing
protein-rich, better-for-you snack options, we are committed to
delivering products that are both nutritious and crave-worthy,"
said Katie Brenner, Chief Commercial Officer of Stryve Foods. "This
latest expansion builds on our mission to provide high-quality,
clean-ingredient snacks that fuel active lifestyles without
compromising on taste."
The introduction of grass-fed beef in Stryve’s
Original and Hickory flavors aligns with the increasing consumer
preference for high-quality, sustainable, minimally processed
protein sources. Meanwhile, the Original Brisket Slices bring a new
dimension to Stryve’s portfolio, offering a tender, savory,
protein-packed snack. Rounding out the innovations is Vacadillos
Carne Asada, a bold, smoky, and authentic take on a classic Mexican
flavor, designed for consumers seeking an adventurous snacking
experience.
"This is an exciting moment for Stryve as we
expand our product lineup with innovative, high-protein options
that align with today’s consumer trends," said Chris Boever, Chief
Executive Officer of Stryve Foods. "We remain focused on growing
our brand presence by delivering high-quality snacks that not only
taste great but also fit seamlessly into modern, health-conscious
lifestyles."
This exciting innovation will be on display this
week, beginning on March 5th, 2025, at the Natural Products Expo
West tradeshow in Anaheim, California and available to major
retailers nationwide. Stryve will make these products available
online, direct-to-consumer, later this month.
About Stryve Foods, Inc.Stryve
is a premium air-dried meat snack company that is conquering the
intersection of high protein, great taste, and health under the
brands of Braaitime®, Kalahari®, Stryve®, and Vacadillos®. Stryve
sells highly differentiated healthy snacking and food products in
order to disrupt traditional snacking and CPG categories. Stryve’s
mission is “to help Americans eat better and live happier, better
lives.” Stryve offers convenient products that are lower in sugar
and carbohydrates and higher in protein than other snacks and
foods. Stryve’s current product portfolio consists primarily of
air-dried meat snack products marketed under the Stryve®,
Kalahari®, Braaitime®, and Vacadillos® brand names. Unlike beef
jerky, Stryve’s all-natural air-dried meat snack products are made
of beef and spices, are never cooked, contain zero grams of sugar*,
and are free of monosodium glutamate (MSG), gluten, nitrates,
nitrites, and preservatives. As a result, Stryve’s products are
Keto and Paleo diet friendly. Further, based on protein density and
sugar content, Stryve believes that its air-dried meat snack
products are some of the healthiest shelf-stable snacks available
today. Stryve also markets and sells human-grade pet treats under
the brands Two Tails and High Steaks, made with simple, all-natural
ingredients and 100% real beef with no fillers, preservatives, or
by-products.
Stryve distributes its products in major retail
channels, primarily in North America, including grocery,
convenience store, mass merchants, and other retail outlets, as
well as directly to consumers through its ecommerce websites and
through the Amazon and Walmart platforms. For more information
about Stryve, visit www.stryve.com or follow us on social media at
@stryvebiltong.
* All Stryve Biltong and Vacadillos products
contain zero grams of added sugar, with the exception of the
Chipotle Honey flavor of Vacadillos, which contains one gram of
sugar per serving.
Cautionary Note Regarding
Forward-Looking StatementsCertain statements made herein
are “forward-looking statements” within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as “anticipate”, “may”, “will”, “would”, “could”,
“intend”, “aim”, “believe”, “anticipate”, “continue”, “target”,
“milestone”, “expect”, “estimate”, “plan”, “outlook”, “objective”,
“guidance” and “project” and other similar expressions that predict
or indicate future events or trends or that are not statements of
historical matters, including, but not limited to, statements
regarding Stryve’s plans, strategies, objectives, targets and
expected financial performance. These forward-looking statements
reflect Stryve’s current views and analysis of information
currently available. This information is, where applicable, based
on estimates, assumptions and analysis that Stryve believes, as of
the date hereof, provide a reasonable basis for the information and
statements contained herein. These forward-looking statements
involve various known and unknown risks, uncertainties and other
factors, many of which are outside the control of Stryve and its
officers, employees, agents and associates. These risks,
uncertainties, assumptions and other important factors, which could
cause actual results to differ materially from those described in
these forward-looking statements, include: (i) the inability to
achieve profitability due to commodity prices, inflation, supply
chain interruption, transportation costs and/or labor shortages;
(ii) the ability to meet financial and strategic goals, which may
be affected by, among other things, competition, supply chain
interruptions, the ability to pursue a growth strategy and manage
growth profitability, maintain relationships with customers,
suppliers and retailers and retain its management and key
employees; (iii) the risk that retailers will choose to limit or
decrease the number of retail locations in which Stryve’s products
are carried or will choose not to carry or not to continue to carry
Stryve’s products; (iv) the possibility that Stryve may be
adversely affected by other economic, business, and/or competitive
factors; (v) the impacts of the transition from NASDAQ to OTC; (vi)
the possibility that Stryve may not achieve its financial outlook;
(vii) risks around the Company’s ability to continue as a going
concern and (viii) other risks and uncertainties described in the
Company’s public filings with the SEC. Actual results, performance
or achievements may differ materially, and potentially adversely,
from any projections and forward-looking statements and the
assumptions on which those projections and forward-looking
statements are based.
Investor Relations Contact:Investor
Relationsir@stryve.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/47d2684f-a3e9-4d21-9bc3-3fe3b9170108
https://www.globenewswire.com/NewsRoom/AttachmentNg/25768be5-0c6a-40c2-9629-89f1219d1dd5
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