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Home Bistro Announces Partnership with "In Good Taste Wines"

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Home Bistro, Inc. (OTC PINK: HBIS) has announced a partnership with In Good Taste Wine, Inc. to offer wine pairings with its gourmet, celebrity chef-inspired meals. Home Bistro aims to enhance customer experience by expanding its menu to include these wine options. CEO Zalmi Duchman highlighted the goal to provide a broader selection of gourmet meals, including desserts and wine pairings to complement their meals. In Good Taste Wines provides mini bottles of wine for customers, enhancing the direct-to-consumer wine market.

Positive
  • Partnership with In Good Taste Wines to enhance meal offerings with wine pairings.
  • Expansion of menu to include desserts and a broader selection of gourmet meals.
  • Strategic alignment with a growing wine platform to attract more customers.
Negative
  • None.

Home Bistro to Offer Wine Pairings with its Gourmet Celebrity-Chef Meals

MIAMI BEACH, FL / ACCESSWIRE / November 1, 2021 / Home Bistro, Inc. (OTC PINK:HBIS) ("Home Bistro" or the "Company") a leading online meal delivery platform that offers celebrity chef-inspired, gourmet and lifestyle ready-made meals, today announced a partnership with In Good Taste Wine, Inc., a unique direct-to-consumer wine platform, empowering wine lovers to "discover the world, by the glass."

Home Bistro CEO Zalmi Duchman stated, "In our pursuit to heighten and expand our customers' experience, we are excited to announce our new partnership with In Good Taste Wines, which has introduced a large assortment of wines in novel 187ml "mini bottle" to the direct-to-consumer wine market. At Home Bistro we are rapidly expanding our menu, offering a larger and growing selection of gourmet meals, adding desserts and now wine pairings, to further compliment the chef-inspired, home meal experience."

Joe Welch, CEO and founder of In Good Taste Wines commented, "As we look to expand our distribution, it is our goal to affiliate with high caliber and rapidly growing organizations that deliver unique offerings. With Home Bistro's delicious celebrity-chef gourmet cuisine, we are enthusiastic to pair our carefully chosen wine selections from around the world, glass-by-glass, and look forward to a mutually rewarding relationship."

About In Good Taste Wines, Inc.

In Good Taste Wines, the world's leading producer of by-the-glass wines, brings the tasting room experience to your living room through guide, expert-lead, virtual tastings. Their patented 6-ounce mini bottles allow customers to taste a variety of high-quality wines, before purchasing the full bottle. Unlike traditional wineries, In Good Taste purchases premium wines by the barrel from small family run vineyards around the world. This flexibility provides the customer with a unique, discovery-forward tasting experience, as flights are assembled from wines across the globe, In Good Taste believes uncovering new wines shouldn't be reserved for the experts, and that every glass is an opportunity for connection with people near and far. Headquartered in Los Angeles, In Good Taste Wines anticipates major expansion into eCommerce, retail, and subscription services in the next 12 months.

About Home Bistro, Inc.

Home Bistro is a leading online platform, www.homebistro.com, that provides for the creation, production, and distribution of direct-to-consumer, heat-to-eat, celebrity chef inspired gourmet meals, which currently include inspirations created by "Iron Chef" Cat Cora, "Hungry Fan" Chef Daina Falk and soon to launch meals from celebrity chefs Ayesha Curry, Roblé Ali, Claudia Sandoval and Richard Blais.

Home Bistro's Model Meals lifestyle brand www.modelmeals.com is a Whole30 and Paleo approved, ready-to-eat, meal prep service, offering a weekly rotating menu that is prepared by professional chefs, using only the highest quality ingredients available, sourced responsibly and locally, and delivered in sustainable, eco-friendly packaging.

Forward-Looking Information

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning the Company's growth objectives and industry outlook (as described herein). Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements include, among others, statements about the Company's future financial performance, the impact of management changes, any organizational restructuring and the sufficiency of capital resources to fund its ongoing operating requirements; statements about the Company's expectations regarding the capitalization, resources and ownership structure; and any other statements other than statements of historical fact. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes due to a number of important factors, including (i) risks related to the combined entity's access to existing capital and fundraising prospects to fund its ongoing operations, and (ii) other business effects, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company's periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled "Risk Factors", copies of which may be obtained from the SEC's website at www.sec.gov. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Contact:

Zalmi Duchman, CEO
zalmi@homebistro.com
Ph: 631.694.1111

SOURCE: Home Bistro, Inc.



View source version on accesswire.com:
https://www.accesswire.com/670483/Home-Bistro-Announces-Partnership-with-In-Good-Taste-Wines

FAQ

What is the significance of Home Bistro's partnership with In Good Taste Wines?

The partnership allows Home Bistro to offer wine pairings with its gourmet meals, enhancing customer dining experiences.

How will the partnership with In Good Taste impact Home Bistro (HBIS)?

This partnership is expected to expand Home Bistro's customer base and product offerings, potentially increasing sales.

What type of meals does Home Bistro provide?

Home Bistro offers heat-to-eat, celebrity chef-inspired gourmet meals, including options from renowned chefs.

What are the advantages of the mini bottles offered by In Good Taste Wines?

The mini bottles allow customers to sample a variety of wines before committing to full purchases, enhancing the tasting experience.

HOME BISTRO INC

OTC:HBIS

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90
660.05k
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Packaged Foods
Consumer Defensive
United States of America
Miami Beach