SnackHealthy Receives $3 Million Order for Its Natural and Organic Food Products; Company Forms Healthient, New Export Division
30 January 2014 - 2:04AM
Marketwired
SnackHealthy Receives $3 Million Order for Its Natural and Organic
Food Products; Company Forms Healthient, New Export Division
JUPITER, FL--(Marketwired - Jan 29, 2014) - SnackHealthy, Inc.
(OTCBB: SNAX) announced today the initial Asian roll out of organic
pork sausages under its Organic Harvest brand and all natural
sausages under its Adam & Eve brand. SnackHealthy
successfully completed its first sample production run and order
confirmation from Golden Acres Food Service in Manila, Philippines
and will begin shipments in March. These orders also include
the procurement and consolidation of organic meats and poultry for
a total monthly commitment in excess of $250.000.
With 100 years in the gourmet sausage-making business in San
Francisco, SnackHealthy's manufacturing partner went to great
lengths to help the Company develop an extensive gourmet pork and
chicken sausage line specifically created for Asian consumers.
"We are now talking with one of the largest retailers in Asia
based in Hong Kong and developing a line of sausages with lower
sodium and a line of six roasted turkey deli meats in smaller per
unit packs," commented Richard Damion, CEO of
SnackHealthy.
"There has been steady growth in the specialty food sector in
the Philippines for organic and natural products, especially
through high-end hotels, resorts, restaurants and specialty food
retailers. The market is also seeing continued cravings for
pork and chicken sausage flavors. We developed an extensive
line of sausages that are half the size of the sausages commonly
sold by retailers in the USA to meet a price point better suited
for the consumer in the Philippines," said Michele Chan, President
of Golden Acres.
Compared to the United States, most Asian consumers purchase
fresh foods more frequently as they tend to have smaller
households. They prefer small packs at around five ounces per
package compared to a 13-16 ounce package typically sold in the
United States.
Additionally, the Company formed Healthient as a division of
SnackHealthy to focus on the export of branded organic and natural
food products. "We are expanding our own product line and
supporting other manufacturers in launching their brands through
our extensive Asian distribution network. These shipments,
along with other sales opportunities, will allow the company to
generate significant revenue and profitability over the next twelve
months," Damion stated.
About SnackHealthy, Inc.
SnackHealthy, Inc. (SNAX) is a manufacturer and distributor of
organic, natural and healthy food products headquartered in
Jupiter, FL. The Company offers a portfolio of healthy foods
and beverages that are organic, all-natural, low-calorie, and free
from artificial sweeteners; created to satisfy several eating
occasions daily. SnackHealthy is dedicated to offering a broad
array of choices for healthy, convenient and fun nourishment, while
reducing environmental impact.
About Sterling Food Solutions, Ltd.
Sterling is a Hong Kong based sales and marketing company
providing Asian retailers the ability to purchase organic and
natural food products direct from manufacturers in North America by
offering procurement, consolidation, documentation, certification,
financing and in store branding services. In an exclusive
collaboration with its partner; SnackHealthy, Inc., Sterling and
its Asian affiliates have access to over 700 distribution points
and approximately 12,000 retail outlets in eight countries that
make up the greater China region.
Disclosure Regarding Forward-Looking Statements
This document contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact are
"forward-looking statements" for purposes of federal and state
securities laws, including any projections of earnings, revenue or
other financial items; any statements of the plans, strategies and
objectives of management for future operations; any statements
concerning proposed new services or developments; any statements
regarding future economic conditions or performance; any statements
of belief; and any statements of assumptions underlying any of the
foregoing. Forward-looking statements may include the words "may,"
"will," "estimate," "intend," "continue," "believe," "expect" or
"anticipate" and any other similar words. Although we believe that
the expectations reflected in any of our forward-looking statements
are reasonable, actual results could differ materially from those
projected or assumed in any of our forward-looking statements. Our
future financial condition and results of operations, as well as
any forward-looking statements, are subject to change and to
inherent risks and uncertainties, such as those disclosed or
incorporated by reference in our filings with the Securities and
Exchange Commission.
Company Contact: Richard Damion richard.damion@snackhealthy.com
Investor Contact: William Alverson
bill.alverson@snackhealthy.com
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