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Fandango Collection & Recycling Issues Business Report After One Year of Activity with Beyond Oil

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Beyond Oil and Fandango Collection & Recycling , its exclusive Israeli distributor, have provided an update on their commercial expansion in the Israeli market. Fandango has attracted new customers, including Giraffe, an Israeli-based Asian chain, and MeatBar Group, owner of MeatBar Burger and MeatBar Steakhouse. The Beyond Oil product has reduced customers' oil consumption by 50% to 80% consistently. Fandango has implemented quality seals for kitchens using Beyond Oil and launched social media campaigns to highlight the partnership with restaurateurs and chefs.

Shai Medioni, CEO of Fandango, stated that after a year of staff training, product marketing, and developing a sales system, they are ready to accelerate penetration of the Israeli restaurant market. Jonathan Or, CEO of Beyond Oil, mentioned that they are working to replicate this successful partnership in other countries worldwide.

Beyond Oil e Fandango Collection & Recycling, il suo distributore esclusivo in Israele, hanno fornito un aggiornamento sulla loro espansione commerciale nel mercato israeliano. Fandango ha attratto nuovi clienti, tra cui Giraffe, una catena asiatica con sede in Israele, e MeatBar Group, proprietario di MeatBar Burger e MeatBar Steakhouse. Il prodotto Beyond Oil ha ridotto il consumo di olio dei clienti dal 50% all'80% in modo costante. Fandango ha implementato sigilli di qualità per le cucine che utilizzano Beyond Oil e ha lanciato campagne sui social media per mettere in risalto la partnership con ristoratori e chef.

Shai Medioni, CEO di Fandango, ha dichiarato che dopo un anno di formazione del personale, marketing del prodotto e sviluppo di un sistema di vendita, sono pronti ad accelerare la penetrazione del mercato dei ristoranti israeliani. Jonathan Or, CEO di Beyond Oil, ha menzionato che stanno lavorando per replicare questa partnership di successo in altri paesi del mondo.

Beyond Oil y Fandango Collection & Recycling, su distribuidor exclusivo en Israel, han proporcionado una actualización sobre su expansión comercial en el mercado israelí. Fandango ha atraído nuevos clientes, incluyendo a Giraffe, una cadena asiática con sede en Israel, y MeatBar Group, propietario de MeatBar Burger y MeatBar Steakhouse. El producto Beyond Oil ha reducido el consumo de aceite de los clientes entre un 50% y un 80% de manera consistente. Fandango ha implementado sellos de calidad para las cocinas que utilizan Beyond Oil y ha lanzado campañas en redes sociales para resaltar la asociación con restauradores y chefs.

Shai Medioni, CEO de Fandango, declaró que después de un año de capacitación del personal, marketing del producto y desarrollo de un sistema de ventas, están listos para acelerar la penetración en el mercado de restaurantes israelí. Jonathan Or, CEO de Beyond Oil, mencionó que están trabajando para replicar esta exitosa asociación en otros países del mundo.

Beyond Oil과 그들의 이스라엘 독점 유통업체인 Fandango Collection & Recycling이 이스라엘 시장에서의 상업적 확장에 대한 업데이트를 제공했습니다. Fandango는 새로운 고객을 유치했습니다, 이스라엘에 본사를 둔 아시아 체인인 Giraffe와 MeatBar Burger 및 MeatBar Steakhouse의 소유주인 MeatBar Group이 포함됩니다. Beyond Oil 제품은 고객의 기름 소비를 50%에서 80%까지 일관되게 줄였습니다. Fandango는 Beyond Oil을 사용하는 주방을 위해 품질 인증 마크를 시행하고, restaurateurs 및 요리사와의 파트너십을 강조하는 소셜 미디어 캠페인을 시작했습니다.

Fandango의 CEO인 Shai Medioni는 직원 교육, 제품 마케팅 및 판매 시스템 개발에 1년이 걸린 후 이스라엘 레스토랑 시장 진입을 가속화할 준비가 되었다고 밝혔습니다. Beyond Oil의 CEO인 Jonathan Or는 전 세계 다른 나라에서 이 성공적인 파트너십을 복제하기 위해 노력하고 있다고 언급했습니다.

Beyond Oil et Fandango Collection & Recycling, son distributeur exclusif israélien, ont fourni une mise à jour sur leur expansion commerciale sur le marché israélien. Fandango a attiré de nouveaux clients, y compris Giraffe, une chaîne asiatique basée en Israël, et MeatBar Group, propriétaire de MeatBar Burger et MeatBar Steakhouse. Le produit Beyond Oil a réduit la consommation d'huile des clients de 50 % à 80 % de manière constante. Fandango a mis en place des signes de qualité pour les cuisines utilisant Beyond Oil et a lancé des campagnes sur les réseaux sociaux pour mettre en avant le partenariat avec les restaurateurs et les chefs.

Shai Medioni, PDG de Fandango, a déclaré qu'après un an de formation du personnel, de marketing du produit et de développement d'un système de vente, ils sont prêts à accélérer leur pénétration sur le marché des restaurants israéliens. Jonathan Or, PDG de Beyond Oil, a mentionné qu'ils travaillent à répliquer ce partenariat fructueux dans d'autres pays du monde.

Beyond Oil und Fandango Collection & Recycling, der exklusive israelische Distributor, haben ein Update über ihre kommerzielle Expansion auf dem israelischen Markt bereitgestellt. Fandango hat neue Kunden gewonnen, darunter Giraffe, eine asiatische Kette mit Sitz in Israel, und die MeatBar Group, Eigentümer von MeatBar Burger und MeatBar Steakhouse. Das Produkt Beyond Oil hat den Ölverbrauch der Kunden konstant um 50% bis 80% reduziert. Fandango hat Qualitätszertifikate für Küchen eingeführt, die Beyond Oil verwenden, und Social-Media-Kampagnen gestartet, um die Partnerschaft mit Restaurantbesitzern und Köchen hervorzuheben.

Shai Medioni, CEO von Fandango, erklärte, dass sie nach einem Jahr Mitarbeiterschulung, Produktmarketing und der Entwicklung eines Verkaufssystems bereit sind, die Penetration des israelischen Restaurantmarktes zu beschleunigen. Jonathan Or, CEO von Beyond Oil, erwähnte, dass sie daran arbeiten, diese erfolgreiche Partnerschaft in anderen Ländern weltweit zu replizieren.

Positive
  • Expansion of customer base to include Giraffe and MeatBar restaurant chains
  • Consistent oil consumption reduction of 50% to 80% for customers using Beyond Oil product
  • Implementation of quality seals for kitchens using Beyond Oil, enhancing brand visibility
  • Accelerated penetration of the Israeli restaurant market
  • Potential for replication of successful partnership model in other countries
Negative
  • None.

Exclusive Israeli Distributor Expanding Customer Base to Include Giraffe and MeatBar Steakhouse Restaurant Chains, Among Others

VANCOUVER, BC AND KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / October 11, 2024 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF) ("Beyond Oil" or the "Company"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, and Fandango Collection & Recycling Ltd. ("Fandango"), Beyond Oil's exclusive Israeli distributor, are pleased to provide the market with an update on their commercial expansion in the Israeli market, including the closing with additional customers.

Since placing its second major product order in July 2024, Fandango has continued to attract new and repeat customers, including, but not limited to, Giraffe, an Israeli-based Asian chain, and MeatBar Group, that owns the MeatBar Burger restaurant chain and the high-end MeatBar Steakhouse. Fandango has also closed repeat sales with a number of other chains and large organizations in Israel and is working with their leadership team to publicly disclose their names in the coming weeks and months.

Shai Medioni, CEO of Fandango, comments: "Prior to selling the Beyond Oil product, Fandango utilized various filtering devices and powders to prolong the life of frying oil by removing food residues. Having devoted the past year to staff training, product marketing, advertising, and developing a comprehensive sales system with restaurants across Israel, we are now poised to accelerate the penetration of the Israeli restaurant market in a sustained manner."

As stated in Fandango's year end report to Beyond Oil, Fandango reports that the Beyond Oil product has reduced its customers' oil consumption from 50% to 80% on a consistent basis. Fandango has also taken steps to label frying kitchens using Beyond Oil with quality seals, signaling to customers that they are receiving safer and higher-quality food. Additionally, social media campaigns have amplified this message, highlighting the partnership with restaurateurs and chefs who proudly display these quality seals at their establishments.

Jonathan Or, CEO of Beyond Oil, comments: "Our team has been working very closely with Fandango in Israel and we continue to work and make progress in replicating this successful partnership in other countries around the world."

About Beyond Oil Ltd.
Beyond Oil Ltd. is an innovative food tech company in the health sector, with over 15 years dedicated to solutions that mitigate cancer and cardiovascular risks in fried and processed foods consumed in our day-to-day lives. Beyond Oil provides a disruptive solution for food-processing and food-service companies striving to produce & serve healthier food, increase sustainability, while saving their costs. For more information, visit our website at: www.beyondoil.co.

About Fandango Collection & Recycling Ltd.
Fandango is a leading company in the Israeli hospitality industry, supplying over 8,000 commercial kitchens with a comprehensive range of products, including frying oil and specialized equipment for maintaining the optimal condition of frying oil. Fandango also collects used cooking oil from commercial kitchens and provides a wide range of other essential products and supplies to the industry, including paper products, detergents and fast-food containers. For more information, visit Fandango's website at: https://www.fandango.co.il.

Contacts
Jonathan Or
+972-4-6548975
CEO of Beyond Oil
info@beyondoil.co

Shai Medioni
CEO of Fandango
shai@fandango.co.il

Caroline Sawamoto
Investor Relations
1-647-691-9801
ir@beyondoil.co

Forward Looking Statement and Information

The Canadian Securities Exchange has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. In addition, we cannot assure that any patent will be issued as a result of a pending patent application or, if issued, whether it will be issued in a form that will be advantageous to us. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.

SOURCE: Beyond Oil Ltd.



View the original press release on accesswire.com

FAQ

What new customers has Fandango attracted for Beyond Oil's product in Israel?

Fandango has attracted new customers including Giraffe, an Israeli-based Asian chain, and MeatBar Group, which owns the MeatBar Burger restaurant chain and MeatBar Steakhouse.

How much has Beyond Oil's product reduced oil consumption for Fandango's customers?

According to Fandango's year-end report, the Beyond Oil product has consistently reduced its customers' oil consumption by 50% to 80%.

What marketing strategies has Fandango implemented for Beyond Oil's product?

Fandango has implemented quality seals for kitchens using Beyond Oil and launched social media campaigns to highlight partnerships with restaurateurs and chefs using the product.

What is Beyond Oil's stock symbol on the OTCQB?

Beyond Oil's stock symbol on the OTCQB is BEOLF.

How long has Fandango been working with Beyond Oil in the Israeli market?

Fandango has been working with Beyond Oil for one year, focusing on staff training, product marketing, advertising, and developing a comprehensive sales system with restaurants across Israel.

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