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Golden Grail Expands Team with Key Business Development Addition

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Golden Grail Technology (OTC: GOGY) announced the appointment of Russ Kaffenberger to enhance its commercial operations and business development. With over 17 years of experience in the beverage industry, Kaffenberger will manage distributor relationships and pursue growth opportunities, particularly following the acquisition of Sway Energy. CEO Steven Hoffman expressed confidence in Kaffenberger's expertise, suggesting it will drive growth goals. The company aims to expand its footprint across the U.S. and internationally in markets such as the UK, Germany, Canada, and Australia, focusing on healthier beverage options.

Positive
  • Appointment of Russ Kaffenberger as a key addition to the commercial operations team.
  • Kaffenberger's extensive experience at major beverage companies could significantly enhance growth.
  • Plans for international expansion into key markets like the UK, Germany, and Australia.
Negative
  • None.

Team expands operations leadership

FORT LAUDERDALE, Fla., Dec. 21, 2022 /PRNewswire/ -- Golden Grail Technology (OTC: GOGY), a diversified beverage and investment group, today announced a key addition of Russ Kaffenberger to its commerical operations and business development team.

Russ will oversee the day to day commercial operations, distributor management, and continue to push forward new growth opportunites for the portfolio. He brings more than 17 years of beverage industry experience, with stops at Monster Energy, Nutrabolt, Bang Energy and Dr Pepper Snapple Group.

Prior to joining our team, Russ served as Chief Commercial Officer for SWAY Energy Corporation, with the Sway Energy brand being the most recent additon to the the Golden Grail portfolio. As Golden Grail looks to expand, we will lean heavily on Russ's connections and expertise. Previously, he was the VP of International Sales and Distribution at Nutrabolt where he implementend the C4 Beverage global expansion. He also served as Bang Energy's Director of International Sales Asia Pacific and Oceania.

"We've had a strong close to 2022, with key additions to our leadership team as well as expansion of our brand portfolio, all of which gives us tremendous momentum heading into 2023," said Steven Hoffman, Chief Executive Officer, Golden Grail Technology. "Russ will play an instrumental role in helping us achieve our growth goals and we're confident his years of experience in the beverage sector will have an immediate impact on our business."

"We are excited to accelerate and build upon the upward momentum of the Golden Grail Beverage portfoilio," Kaffenberger said. "We are working to expand our distribution/retailer footprint across the US. Also, looking at more efficient manufacturing and supply chain opportunities. The team and I will be actively developing top international markets, including the UK, Germany, Australia, Canada, and additional European countries. We're excited to provide the world with better-for-you beverages formulated to help enhance people's everyday lifestyle."

Golden Grail's growing portfolio includes eight brands - Cause Water, KOZ Water, Sketch Can by Tickle Water, Tickle Water, Spider Energy Drink, Scorpion Energy Hemp/CBD, Trevi Fruit Essence Water and the recently-acquired Sway Energy.

About Golden Grail Technology

Golden Grail Technology (OTC: GOGY) www.GoldenGrailBeverages.com is a fast-growing company with a strategic mission to innovate, build and streamline the growth of its beverage portfolio through fiscally responsible investing. The company targets brands that have a proven sales history, loyal consumer following, retail presence and strong value proposition who need assistance to get to the next few levels. Golden Grail has been actively acquiring brands within emerging and growing beverage categories. Our robust product offerings include Spider Energy Drink, Trevi Fruit Essence Water, Tickle Water for kids, Sketch Can for Tweens, Cause Water & KOZ Water helping reduce global plastic pollution and Scorpion Energy Hemp/CBD.

After an acquisition, the company utilizes a series of operational technologies to apply its business expertise, fiscal techniques and various manufacturing processes know-how to improve the economics and performance of each brand while advancing marketing and distribution for its beverage brands. The company's focus on sophisticated management and development of beverage brands, coupled with its rapidly growing and recognizable portfolio of healthy, functional beverages sets Golden Grail apart as a leader in acquiring and advancing existing beverage brands.

https://goldengrailtech.com 
https://www.facebook.com/GoldenGrailTechBeverages 
https://www.instagram.com/goldengrailtechbeverages 
https://twitter.com/golden_grail 

Golden Grail Portfolio

KOZ Water is a premium purified and pH-balanced water packaged in completely plastic-free 12oz and 16oz cans. KOZ Water has had much success on Amazon and on the West Coast.

For more information visit: https://kozwater.com/
https://www.facebook.com/kozwater 
https://www.instagram.com/kozwater/ 
https://twitter.com/KozWater 

Cause Water is Pristine Mountain Spring Water with a Cause

Cause Water has three key initiatives be a vessel for change, do your part and encourage consumers to join the cause, by drinking Cause Water. A fully recyclable aluminum bottle and cap support its core mission of plastic reduction and ocean preservation. Cause Water can be found in high-end, influential natural food stores along the West Coast.

For more information visit:

https://causewater.com/ 
https://www.facebook.com/CauseWaterBeverage 
https://www.instagram.com/cause_water 
https://twitter.com/_CauseWater 

Tickle Water is a premium sparkling water company dedicated to providing honest and clean hydration. Tickle Water is the first sparkling water in the market created specifically for children, yet enjoyed by all ages, complete with delicious flavors and a recyclable can, making it the perfect beverage for any occasion. Every can of Tickle Water is simply made with premium sparkling water and natural flavors without artificial ingredients, sugar, sodium, or preservatives.

For more information visit
http://www.drinkticklewater.com 
https://www.facebook.com/drinkticklewater 
https://www.instagram.com/drinktickle/ 

'Sketch Can' - The first and only 'sketch can' features a personalization space and a social media hashtag to invite Tickle fans to interact with the brand by drawing on the can and then sharing their custom can on Tik Tok. 'Sketch Can' provides kids with a brand they can call their own. It is a healthy premium sparkling water and natural flavors without artificial ingredients, sugar, sodium, or preservatives. 'Sketch Can' comes in a fully recyclable package, in two delicious flavors Watermelon and Sour Green Apple. Kids won't be able to resist the urge to sip and sketch.

Trevi Essence Water is a true clean-label beverage with a superior flavor that stays true to the fruit. Trevi has zero sugar, zero calories, no preservatives, no artificial ingredients, gluten-free, vegan, kosher and diet-friendly. Trevi comes in four delicious flavors Mango Orange, Coconut Lime, Peach and Grapefruit.

For more information visit www.DrinkTrevi.com

https://www.facebook.com/DrinkTrevi 
https://www.instagram.com/drinktreviwater/ 
https://twitter.com/drinktreviwater 

Spider Energy Drink is packed with serious energy. This formula is the perfect balance of energy-boosting B vitamins, Taurine, Guarana, Ginseng, Key Levels of Amino Acids and herbal extracts. Made with 100% real sugar, Spider Energy is known as one of the best tasting with a fresh-citrus, smooth and refreshing flavor, without the medicinal aftertaste associated with most energy drinks.

For more information visit
https://spiderenergydrink.com/ 
https://www.facebook.com/SpiderEnergyDrink 
https://www.instagram.com/spiderenergydrink/ 
https://twitter.com/SpiderEnergy 

Sway Energy is an innovative and proprietary blend made with all-natural ingredients, zero sugar, and no artificial flavors. The "better-for-you" beverage combines 160mg of green tea caffeine, with the recommended 100% daily value of vitamins A, B6, B12, C and D, giving it the unique ability to aid muscle formation, boost energy, and promote the body's natural immune response. Sway comes in six flavors, including lime, mango, orange, strawberry, passion fruit and watermelon.

https://www.swayenergydrink.com/

Forward-Looking Statements:

This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

Cision View original content:https://www.prnewswire.com/news-releases/golden-grail-expands-team-with-key-business-development-addition-301708203.html

SOURCE Golden Grail Technology Corp

FAQ

What recent announcement did Golden Grail Technology make regarding its operations?

Golden Grail Technology announced the hiring of Russ Kaffenberger to oversee commercial operations and business development.

Who is Russ Kaffenberger and what is his role at Golden Grail Technology?

Russ Kaffenberger brings over 17 years of beverage industry experience and will manage day-to-day operations and distributor relationships.

What are Golden Grail Technology's plans for 2023?

The company aims to expand its distribution footprint across the U.S. and internationally in markets like the UK and Germany.

Which beverage brands are included in Golden Grail's portfolio?

Golden Grail's portfolio includes brands like Spider Energy Drink, Tickle Water, and Sway Energy.

What is the stock symbol for Golden Grail Technology?

The stock symbol for Golden Grail Technology is GOGY.

GOLDEN GRAIL TECH CORP

OTC:GOGY

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Beverages - Non-Alcoholic
Consumer Defensive
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United States of America
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