TORONTO, Feb. 22, 2022 /CNW/ - Odd Burger Corporation
(TSXV: ODD) (OTCQB: ODDAF)
(FSE: IA9), one of the world's first vegan fast-food chains and
first to go public, today announced it is launching and marketing a
line of vegan products under the brand Preposterous Foods.
Preposterous Foods offers a minimal-ingredient, minimally
processed line featuring whole foods like chickpeas, oats and wheat
gluten. The initial launch will feature 10 products including a
crispy "chickUN" burger, meatless wings, beefy ground meat, gyro
meat, breakfast sausage, dairy-free ranch dressing, 'honey' mustard
sauce, tzatziki sauce, eggless mayo, and dairy-free cheese
sauce.
For additional product descriptions and images please
visit
https://preposterousfoods.com/pages/lineup
The line of plant-based proteins and sauces is distributed
exclusively through Sysco (NYSE: SYY), the world's largest food
services company with more than 600,000 clients in restaurants,
healthcare and educational facilities, lodging/hospitality and
other institutional customers. This provides Preposterous with more
than 330 distribution facilities worldwide.
"It may seem preposterous, but indulgent food can be healthy,
and healthy food can be indulgent," said Odd Burger co-founder and
CEO James McInnes. "Thanks to new
innovations and upgrades in our manufacturing facility, we're now
able to produce plant-based proteins and other treats at scale for
broader distribution, and bring utterly Preposterous Foods to a
bigger market."
The Preposterous Foods manufacturing facility is a subsidiary
division of Odd Burger Corporation. It is CFIA-registered and
HACCP-certified to meet international food safety regulations.
Odd Burger currently has six fast-food locations, with 11 in
development, and plans to have 20 restaurants operational by this
time next year.
For more information or for wholesale inquiries visit
https://preposterousfoods.com.
About Odd Burger Corporation
Odd Burger Corporation is
a chain of company-owned and franchised vegan fast-food restaurants
as well as a food technology company that manufactures and
distributes a line of plant-based protein and dairy alternatives
under the brand Preposterous Foods to foodservice channels. Odd
Burger restaurants operate as smart kitchens, which use
state-of-the art cooking technology and automation solutions to
deliver a delicious food experience to customers craving healthier
and more sustainable fast food. With small store footprints
optimized for delivery and takeout, advanced cooking technology,
competitive pricing, a vertically integrated supply chain along
with healthier ingredients, Odd Burger is revolutionizing the
fast-food industry by creating guilt-free fast food. Odd Burger
Corporation is traded on the TSX Venture Exchange under the symbol
ODD, on the OTCQB under ODDAF, and the Frankfurt Stock Exchange
under IA9. For more information visit
https://www.oddburger.com.
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements that
involve a number of risks and uncertainties, including statements
that relate to among other things, the Company's strategies,
intentions, plans, beliefs, expectations and estimates, and can
generally be identified by the use of words such as "may", "will",
"could", "should", "would", "likely", "expect", "intend",
"estimate", "anticipate", "believe", "plan", "objective" and
"continue" and words and expressions of similar import. Although
the Company believes that the expectations reflected in such
forward-looking statements are reasonable, such statements involve
risks and uncertainties, and undue reliance should not be placed on
such statements. Certain material factors or assumptions are
applied in making forward-looking statements, and actual results
may differ materially from those expressed or implied in such
statements, including but not limited to its expectations for the
SYSCO distribution relationship, the expansion plans into
the United States and the number
of restaurant locations anticipated in the following
period.
Forward-looking statements or information are based on a
number of factors and assumptions which have been used to develop
such statements and information, but which may prove to be
incorrect. Although the Company believes that the expectations
reflected in such forward-looking statements or information are
reasonable, undue reliance should not be placed on forward-looking
statements because the Company can give no assurance that such
expectations will prove to be correct. Factors that could cause
actual results to differ materially from those described in such
forward-looking information include, but are not limited to:
negative cash flow and future financing requirements to sustain
operations; dilution; competition; economic changes; and the impact
of and risks associated with the ongoing COVID-19 pandemic. The
forward-looking information in this news release reflects the
current expectations, assumptions and/or beliefs of the Company
based on information currently available to the Company.
Important factors that could cause actual results to differ
materially from expectations include but are not limited to:
general business and economic conditions (including but not limited
to currency rates); changes in laws and regulations; legal and
regulatory proceedings; and the ability to execute strategic plans.
The Company does not undertake any obligation to update publicly or
to revise any of the forward-looking statements contained in this
document, whether as a result of new information, future events or
otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the
Exchange) accepts responsibility for the adequacy or accuracy of
this press release.
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SOURCE Odd Burger Corporation