Home Bistro Relocates East Coast Operations to State of the Art Culinary Facility in Broward County, FL

Rhea-AI Summary

Home Bistro (OTC PINK:HBIS) has announced the relocation of its east coast operations to a 5,000 square foot culinary facility in Pembroke Park, FL, enhancing its capacity for fresh meal delivery. CEO Zalmi Duchman highlighted that this state-of-the-art facility allows for better food production and ensures the cold chain remains intact, promising fresher meals delivered directly to customers. The company's model meals lifestyle brand continues to provide gourmet meals developed by renowned celebrity chefs, aiming to improve overall customer experience.

Positive

• Relocation to a larger, state-of-the-art culinary facility enhancing production capabilities.
• Improved delivery of fresh meals due to maintained cold chain during transit.
• Continued partnerships with renowned celebrity chefs to attract a broader customer base.

Negative

• None.

MIAMI BEACH, FL / ACCESSWIRE / July 23, 2021 / Home Bistro, Inc. (OTC PINK:HBIS) ("Home Bistro" or the "Company"), a leading online platform that offers celebrity chef-inspired, gourmet and lifestyle ready-made meals shipped directly to consumers, announced today that it has relocated its east coast operations to a 5,000 square foot state of the art culinary facility in Pembroke Park, FL.

Home Bistro CEO Zalmi Duchman stated, "As a result of our recent transition to fresh meal delivery and ramp up in food production for the recently recruited celebrity chefs, we've relocated our east coast operations to a considerably larger, state of the art commissary capable of producing the highest quality and a much higher volume of meals." He added, "Having a kitchen facility in which the "cold chain" is never broken should also result in our ability to deliver the freshest product possible to our customers' door steps enhancing the Home Bistro experience."

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 developed by "Iron Chef" Cat Cora and soon to launch celebrity chefs Ayesha Curry, Daina Falk, Roblé Ali and Claudia Sandoval.

Home Bistro's Model Meals lifestyle brand www.modelmeals.com is a Whole30 & 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.

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FAQ

What is Home Bistro's recent operational change?

Home Bistro has relocated its east coast operations to a larger culinary facility in Pembroke Park, FL.

How does the new facility impact Home Bistro's meal delivery?

The new facility improves meal production and ensures a maintained cold chain, resulting in fresher meals for customers.

What is the significance of the cold chain for Home Bistro?

Maintaining the cold chain is crucial for delivering high-quality fresh meals without spoilage.

Who are the celebrity chefs associated with Home Bistro?

Home Bistro collaborates with celebrity chefs including Cat Cora, Ayesha Curry, Daina Falk, Roblé Ali, and Claudia Sandoval.

What is the stock symbol for Home Bistro?

Home Bistro is traded under the stock symbol HBIS.