Naturally Splendid to Launch New Products and Moves Into New Office/Warehouse Facilities
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2013) - Naturally Splendid Enterprises Ltd. (TSXV: NSP) (the "Company") is pleased to provide the following corporate update.
New Products
As previously reported, the Company plans to launch a number of nutritional product lines through 2013. These new products augment the existing line of hemp food products adding depth and diversity. The Company's new products include:
Flavoured Hemp Protein
The Company will launch three (3) new flavours of hemp based protein powders in the fourth quarter of 2013. The new flavours are; chocolate; vanilla; and blackberry / pomegranate. Naturally Splendid CEO Craig Goodwin states, "We are extremely pleased with the flavour and nutritional profiles of these new products. They will be the first hemp protein products in the world that utilize lo-han-guo, an all-natural sweetener that is 200 times sweeter than sugar, with a fraction of the calories".
Lo-han-guo, sometimes called Monk Fruit is an exciting and unique new to market sweetener that provides benefits no other sweeteners can. Unlike sugar and other common sweeteners, Monk Fruit does not elevate insulin levels, raise cholesterol, or stimulate fat storage. Made from natural fruit, Monk Fruit has been clinically proven to speed up the fat burning process without stimulating insulin production. Monk Fruit is completely natural and safe for diabetics, children and people who are hypoglycemic.
Benefits of Monk Fruit may include:
- Non glycemic - does not raise blood sugar levels
- Under investigation as potential tumor inhibitor
- Strong antioxidant properties
- Speeds up the fat burning process
- Promotes heart health
- Does not stimulate insulin production or fat storage
- Improves digestion
Mr. Goodwin emphasizes, "this formulation is gluten free, lactose free, higher in protein than other hemp comparable products, a great alternative for diabetics… and better tasting."
Snack Packs.
Naturally Splendid is in the process of developing three (3) flavoured hemp seed snack packs. These single serving packages are targeted towards the convenience market. Initial flavours will be Natural, Salted and Barbeque. Final flavouring profiles and formulations are anticipated to be completed in the fourth quarter of 2013 and launched in the first quarter of 2014.
Natural Superfood Cereals
The Company also plans to introduce a line of healthy cereals which include hemp and other superfoods. To date, three cereal formulations are targeted to be completed in the fourth quarter of 2013. Nutritional analysis and final branding a r e a l s o anticipated to be finalized in the fourth quarter of 2013 with launch of the first two cereals in the first quarter of 2014. Our launch of the third and fourth cereals is anticipated for the first quarter of 2014.
Energy Bars
Naturally Splendid is developing a hemp-based nutritional bar containing hemp. Currently, Naturally Splendid is in negotiations with an existing energy bar provider to assist in formulating the bar to optimize flavor and functionality. Naturally Splendid intends to have thefirst energy bars available in second quarter of 2014.
National Sales Representative
In addition, the Company is pleased to announce the hiring of Mr. Dave Fiorillo as National Sales Manager. Mr. Fiorillo has over twenty years sales experience in the food industry. He has worked for numerous companies in the food industry and brings a wealth of knowledge to Naturally Splendid.
Naturally Splendid Moves to New Location
The Company is pleased to report that it has secured a five (5) year lease on 6,000 square feet facility of combined office and warehouse space in Burnaby BC. Vice President of Operations, Bryan Carson reports, "After an extensive search, we have located and secured a facility that will meet Naturally Splendid's needs immediately and into the future. We will utilize this facility as a main distribution hub to accommodate the expanding product lines."
Summary
The Company is pleased to report that it is meeting their corporate strategy targets that includes launching new products. Mr. Goodwin summarizes, "We have the facility, the products and the personnel which allows Naturally Splendid to meet its sales objectives."
For further information please contact:
Naturally Splendid Enterprises Ltd.
Suite 605, 1166 Alberni Street
Vancouver, BC V6E 3Z3
J. Craig Goodwin, CEO
(604) 472-0902
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control. Such factors include, among other things: risks and uncertainties relating to development of new products as well as the distribution and sale of existing products. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
copyright (c) newsfile corp. 2013. all rights reserved