Plantify Foods Secures New Retail Chain to Sell Its Plant-Based Clean Label Products
March 04 2024 - 6:11AM
Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) (“Save Foods”), a pioneer
Agri-Food Tech company offering sustainable solutions for
agriculture and plant based food, announced today that Plantify
Foods, Inc. (TSXV: PTFY) ("Plantify Foods"), a clean label food
company dedicated to providing consumers with nutritious and
delicious food options, has secured a new retailer, expanding
Plantify’s footprint within its local market of Israel. Plantify
Foods is a subsidiary which is owned 23% by Save Foods.
"The Company continues to secure new retail
partners within its local market," said Suzette Ramcharan, Chief
Executive Officer of Plantify Foods. “While we push sales and
marketing efforts in new and larger markets such as Europe and the
United States, we are pleased to see growth within our local
market, further solidifying our Clean Label brand. We are pleased
with the growth we continue to see within our local market, a small
country in size, but one that carries a lot of demand for our
high-quality, healthy, and forward-thinking products.”
Plantify Foods is pleased to partner with
Stopmarket, producing Clean Label Salads, Soups and Stews for this
growing grocery chain in Israel, which currently has 11 branch
locations throughout the country. Stopmarket was founded in 2000,
and the chain’s specialization is its positioning, and operating
all year-round including Saturdays and holidays.
About Plantify Foods
Plantify Foods is committed to providing
consumers with nutritious, Clean Label food options while
pioneering innovation in the food and beverage industry. The
Company has a simple mission: to ensure that everyone has access to
high quality food alternatives that are clean and healthy, are
nutritious and tasty, use whole natural ingredients, and are easy
to prepare.
Plantify Foods, through its wholly owned Israeli
subsidiary, currently sells its diverse range of products in
Israel, and is actively expanding its footprint across Europe and
North America. With its new manufacturing facility, the Company can
increase production and continue to create new Clean Label food
products to meet the growing demand of health-conscious consumers
from all walks of life.
About Save Foods:
Save Foods, Inc. is an innovative agri-food tech
company that through its three operational arms delivers integrated
solutions for improved safety, quality, and sustainability every
step of the way from field to fork. Save Foods Ltd., Save Foods'
majority-owned Israeli subsidiary, focuses on post-harvest
treatments in fruit and vegetables to control and prevent pathogen
contamination, significantly reduce the use of hazardous chemicals,
and prolong fresh produce’s shelf life. NTWO OFF Ltd., Save Foods'
majority-owned Israeli subsidiary, contributes to tackling
greenhouse gas emissions, offering a pioneering solution to
mitigate N2O (nitrous oxide) emissions, a potent greenhouse gas
with 265 times the global warming impact of carbon dioxide. NTWO
OFF Ltd., aims to promote agricultural practices that are both
environmentally friendly and economically viable. Plantify Foods,
Inc., Save Foods' minority-owned Canadian subsidiary listed on the
TSXV, offers a wide range of clean-label healthy food options that
are nutritious, gluten free, non-allergenic, use whole natural
ingredients, and are easy to prepare. For more information on Save
Foods Ltd. and NTWO OFF Ltd. visit our website:
https://savefoods.co/.
Forward-looking Statements:
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. Because such statements deal with
future events and are based on our current expectations, they are
subject to various risks and uncertainties, Actual results,
performance or achievements could differ materially from those
described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties, including
market conditions as well as those discussed under the heading
“Risk Factors” in Save Foods' propsectus filed with the SEC on
February 7, 2024, and in any subsequent filings with the SEC.
Except as otherwise required by law, we undertake no obligation to
publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events. References and
links to websites have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release. We are not responsible for the
contents of third-party websites.
Investor Relations Contacts:
Michal
Efraty+972-(0)52-3044404michal@efraty.com
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