Komo Plant-Based Foods Begins United States Expansion with Appointment of U.S. Sales Agent

Rhea-AI Summary

Komo Plant Based Foods Inc. has appointed Staci Owens from Cornerstone Sales as their U.S. sales agent to spearhead retail expansion in the United States. With over 21 years of experience in the natural foods sector, Owens aims to develop distribution networks and launch a sampling program targeting grocery chains, enhancing Komo's growth in the growing $7 billion U.S. plant-based food market. This strategic move follows an impressive 27% growth in the industry over the past year, positioning Komo to capitalize on new opportunities.

Positive

• Appointment of Staci Owens as U.S. sales agent expected to enhance retail presence.
• Utilization of Owens' extensive experience in natural foods to build distribution networks.
• Entry into a rapidly growing $7 billion U.S. plant-based food market.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / January 7, 2022 / Komo Plant Based Foods Inc. (CSE:YUM)(OTCQB:KOMOF)(FRA:9HB) ("Komo"), a premium plant-based food company, is pleased to announce the appointment of U.S. sales agent Staci Owens at Cornerstone Sales to develop Komo's retail expansion throughout the United States. Staci is based in Denver, Colorado and has over 21 years of experience in the natural foods marketplace, including sales management experience with Coconut Bliss, Hero Nutritionals, Salba Corp., and Nature's Path Foods.

Ms. Owens will leverage her established relationships and frozen channel knowledge to build retail and distribution networks in the U.S. for Komo. Working closely with Cornerstone Sales, Ms. Owen will launch a sampling program targeting grocery chains in the Western U.S. and will develop and oversee sales broker coverage for retail sales across all regions in the U.S.

"The opportunity in the United States for plant-based brands is major," says Komo operating subsidiary CEO Jeffrey Ma. "We're excited to have Staci Owens, who is based in Colorado, working to build out Komo's expansion in the US. Staci's experience across natural food categories and contacts in the industry will be key for our US strategy. We are extremely happy with the dedication of the team at Cornerstone Sales, who have been instrumental in the success of Komo's rapid retail expansion to date."

Staci Owens was formerly a US Regional Sales Manager for Nature's Path, a global brand with annual sales of $300 million, where she was responsible for multiple categories, from frozen waffles to single serve bars, with hundreds of cereal products in between. Staci also acted as National Sales Manager for Mass Grocery for Coconut Bliss, which created the first plant based ice-cream in 2005.

According to the Good Food Institute, the U.S. retail market for plant-based foods is worth $7 billion, up from $5.5 billion in 2019, and grew 27% in the past year.

About Cornerstone Sales

Founded in 2018 in Vancouver, Cornerstone Sales is a Canadian natural products sales agency run on passion for emerging and values based brands. Darren Munro gave Cornerstone its name to reflect the foundational aspect of the support which he and his national team bring to Komo Comfort Foods and other manufacturers who seek to connect authentically with our shared shoppers across North America. Cornerstone Sales will oversee U.S. expansion from the Denver, Colorado area.

Joining Cornerstone and Komo Comfort Foods in the U.S. is Staci Owens, Regional Sales Manager - U.S. for Cornerstone Sales.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single bite^TM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and has recently launched a new line - Komo Plant-Based Meal Helpers^TM - versatile meal starters to allow the creation of many dishes at home. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have a 1-year frozen shelf life. Komo also sells hot ready-to-eat meals in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or Komo's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Komo's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, Komo's product development plans, its ability to launch its products on food delivery apps, its ability to retain key personnel, its revenues, and its expectation as to the acceptance of its products by retailer stores and consumers constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. Komo disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

SOURCE: KOMO Plant Based Foods Inc.

View source version on accesswire.com:
https://www.accesswire.com/681365/Komo-Plant-Based-Foods-Begins-United-States-Expansion-with-Appointment-of-US-Sales-Agent

FAQ

What is the significance of Staci Owens' appointment for KOMOF?

Staci Owens' appointment as U.S. sales agent is significant for KOMOF as it will enhance retail expansion in a growing market, leveraging her 21 years of natural foods experience.

How will KOMOF expand in the U.S. market?

KOMOF plans to expand in the U.S. market by using Staci Owens to establish retail and distribution networks and launch a sampling program targeting grocery chains.

What is the current status of the U.S. plant-based food market?

The U.S. plant-based food market is currently valued at $7 billion, having grown 27% over the past year, presenting significant opportunities for companies like KOMOF.

How will Staci Owens contribute to KOMOF's strategy?

Staci Owens will contribute to KOMOF's strategy by leveraging her industry contacts and experience to drive retail growth and strengthen market positioning.